Skip to main content

New User Loss Protection - 240930

  • Updated

Introducing the New User Loss Protection Program

Say goodbye to your first trade jitters with Flipster’s New User Loss Protection Program. Open your first few trades and receive up to 20 USDT in loss protection support. No registration is needed, all new users are automatically enrolled upon sign-up. Trade with confidence, we’ve got you covered.

 

New User Loss Protection Program Details:

  • Campaign Period: 30 September 2024 at 04:00 UTC until Fully Subscribed
  • Loss Protection Period: 72-Hours after completing the identity verification process
  • Reward Distribution: At the end of the Loss Protection Period
  • Rewards: Up to 20 USDT Bonus

How to Participate:

  • Participants are automatically enrolled upon identity verification process completion.
  • Participants must make a USDT deposit of 100 USDT or greater within 24-Hours of completing the identity verification process.
  • Participants must maintain a NET USDT deposit of 100 USDT or greater within the Loss Protection Period.

Rewards Breakdown: 

  • The USDT Bonus reward will be distributed based on the Total Realized P&L losses within the Loss Protection Period.
    • Only Realized P&L will be considered.
    • Unclosed positions at the end of the Loss Protection Period will not be considered. 
  • Positive NET Total Realized P&L within the Loss Protection Period will NOT be rewarded. 
  • The USDT Bonus reward will be capped at MAX 20 USDT Bonus.

Important Information:

  • By participating in the New User Loss Protection Program, participants acknowledge and agree to all stated terms and conditions.
  • Flipster reserves the right to amend these terms and conditions as well as to vary or discontinue the  New User Loss Protection Program without prior notice, such changes are applicable to both new and existing participants.
  • Participants eligible for the campaign rewards will receive campaign rewards directly into their Flipster accounts.
  • The  New User Loss Protection Program campaign rewards cannot be bartered, redeemed in or exchanged for cash.

Eligibility:

Flipster reserved the right to: 

  • Terminate, suspend, or restrict your access to any or all of the Flipster services and or  accounts;
  • Terminate, suspend, or restrict your participation in any or all Events, Promotions, Campaigns or Programs;
  • Terminate, suspend, or restrict your eligibility to receive any or all Rewards, Prizes, Giveaways or Incentives;
  • Refuse to complete or block, cancel, or, where permitted by applicable law, reverse any transaction you have authorized;
  • Take whatever action we consider necessary, in each case with immediate effect and for any reason including, but not limited to:

Flipster reasonably suspects that:

  • The Flipster account has been or will be used for any abnormal, inappropriate dishonest, illegal, fraudulent, or unauthorized purposes;
  • The individual operating your Flipster Account is not you;
  • More than one natural person has access to and/or transacts using the same Flipster account;
  • Actions have been taken that may circumvent our controls, including but not limited to:
    • Operating multiple Flipster accounts without written consent
    • Wash trading
    • Volume faking
    • Market manipulation
    • Self-dealing
    • Abusing Events, Promotions, Campaigns or Program
  • Information provided by you is wrong, untruthful, outdated, or incomplete;

Liability:

  • Flipster or its agents or employees shall not be held liable for any damages or losses arising from event participation. Participants hereby acknowledge and agree not to pursue claims against any damages, loss or expense (including but not limited to participant’s information. software, computer, telephone, or any other electronic or telecommunication devices).
  • In case of disputes, the decision of Flipster shall be final and conclusively binding.
  • Flipster reserves the right of final interpretation of the event rules including, but not limited to, the above mentioned information regarding trading, funds, and any other risks.
  • Should there be any inconsistency between the English and other language versions of these terms and conditions, the English version shall prevail.





Related articles