Warsaw, Poland, August 20, 2024, Chainwire
Flipster, a leading cryptocurrency derivatives trading platform, is listing gold (XAU₮) issued by TG Commodities Limited on its platform, providing users with new opportunities to deposit, withdraw and convert the gold-backed digital asset.
Flipster CEO Yongjin Kim commented: “Tether continues to lead the stablecoin market and maintains the highest market cap among its peers. As blockchain technology evolves, there is growing interest in real-world assets like gold being brought on-chain. Tether is well positioned to capitalize on this trend, offering products like Tether Gold that give users a way to gain exposure to the value and stability of gold.”
To celebrate the introduction of Tether Gold on its platform, Flipster has launched two exciting campaigns designed to reward users for engaging with this new offering:
1. Tether Gold Launch Group
- Total prize pool: 60,000 USD₮
- Daily Rewards: Earn up to $12,000 USD₮ daily by staking XAU₮ and converting crypto to XAU₮.
- Campaign dates: August 20th at 00:00 UTC to August 25th at 00:00 UTC
2. Tether conversion campaign
- Earn up to 24% APR: Convert staked XAU₮ to USD₮ and earn up to 24% APR, in addition to other ongoing campaigns, on all user’s USD₮ wallet balance.
- Campaign dates: August 25th 00:00 UTC to September 8th 00:00 UTC
By adding Tether Gold to its platform, Flipster continues to strengthen its reputation as a forward-thinking platform that provides users with the tools they need to navigate the changing digital asset landscape.
“At Flipster, we are excited to offer access to these innovative assets, allowing our users to explore real-world asset opportunities and enhancing the appeal of our platform as a one-stop shopping center,” Kim said.
About Flipster
Flipster is one of the fastest growing cryptocurrency derivatives trading platforms, offering ultra-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform offers users an all-in-one trading experience with up to 100x leverage on over 250 tokens with high liquidity and zero trading fees. For media inquiries or interview requests with the team, please contact [email protected].
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About Tether and USD₮
Tether is a pioneer in stablecoin technology, aiming to revolutionize the global financial landscape. Its mission is to provide accessible, secure, and efficient financial, communications, and energy infrastructure. Tether enables greater financial inclusion and communications resilience, fosters economic growth, and empowers people and businesses.
As the creator of the industry’s largest, most transparent, and most liquid stablecoin, Tether is dedicated to building sustainable and resilient infrastructure to benefit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.
About Tether Gold (USD₮)
Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full USD₮ token represents one fine ounce of gold in a London Good Delivery bar. XAU₮ is available as an ERC-20 token on the blockchain. The token can be easily exchanged or moved at any time, anywhere in the world, and can be transferred to any address on the chain from the buyer's Tether wallet, where it is issued after purchase. The allocated gold can be identified with a unique serial number, purity, and weight and can be redeemed in the form of physical gold.
Important note
This press release does not constitute an offer to sell or a solicitation of an offer to buy Tether Gold (XAU₮). TG Commodities Limited will only sell or redeem XAU₮ in accordance with its Gold Token Terms of Sale and Service available (as of the date of this press release) at gold.tether.to/legal.
ContactBrand Marketing ManagerShirlyn TanTumbler[email protected]
This article was originally published on Chainwire
