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TONcoin Partners with Flipster for Enhanced Deposit Options and Rewards

Toncoin-TON-logo-with-price-trading-charts-in-the-background

  • Derivatives trading platform Flipster has partnered with TON to integrate USDT.
  • Flipster is hoping to enhance user experience by broadening its supported token list and incentives.

Flipster, a leading crypto derivatives exchange, recently announced a strategic collaboration with The Open Network (TON). This partnership integrates the USDT TON network into Flipster’s platform for enhanced deposit options and rewards.

Flipster Celebrates Partnership With Exclusive Rewards

To celebrate this integration, Flipster revealed, in a blog post, its intentions to give users a unique opportunity to earn. From June 19 (08:00 UTC) to July 18 (23:59 UTC), traders can rake in up to 26% APR, on top of Flipster’s existing offerings. This bonus APR is tiered, allowing users to maximize their earnings based on their deposit activity and network building.

The Flipster and TON partnership goes beyond just new deposit options. Users can mint Soulbound Tokens (SBTs) with their TON wallets when making deposits to enter a raffle for a share of 50,000 USDT prize pool. The more SBT tokens collected through tickets, the bigger their share. Earning tickets is simply by depositing funds or referring friends.

According to the breakdown of the reward distribution, users who make any deposit using the TON wallet get 1 ticket. Users with net deposits of 50 USDT and more are entitled to 5 tickets, and net deposits of 100 USDT and above give them 10 tickets. Finally, every friend referred who mints an SBT through their TON wallet earns users 20 tickets (up to 10 referrals).

At the campaign’s end, the rewards will be distributed proportionally based on the number of tickets users hold. There’s no need for separate registrations as all rewards will be deposited into users’ Flipster accounts within 10 days after the campaign ends.

Why Flipster Reigns in the Crypto Space

Flipster is a fast-growing alternative in the crypto derivatives trading ecosystem. The platform is renowned for its perpetual futures listings encompassing the hottest cryptocurrencies. This user-friendly platform offers a comprehensive trading experience, featuring leverage of up to 100x on over 250 tokens with the deepest liquidity and zero trading fees.

Earlier this year, the platform set tongues wagging with the announcement of its Flipster Earn Pool. Reiterating Crypto News Flash’s earlier reports, this program, initially teased in December 2023, finally arrived in February, exceeding expectations. The platform promised users the chance to earn 10,000 USDT daily (at launch) simply by holding USDT in their Flipster accounts.

With the introduction of TON deposits and rewards, Flipster continues to solidify its position as the leading platform for crypto derivatives traders. The TON blockchain is not left out in terms of innovative developments. 

The network recently introduced a Tap-2-Earn application, TapSwap that has captured the interest of the digital audience. 

As previously reported by Crypto News Flash, Tapswap has amassed over 50 million users in only a few months of its launch, propelling the growth of TON, the native cryptocurrency of the blockchain. At press time, TON is trading at $7.22, demonstrating increases of 4.9% in 24 hours. Its current market cap comes in at $17.5 billion.

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