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Flip Combo Trading Competition - 241220

  • Updated

Introducing the Flip Combo Trading Competition

Join the Flip Combo Trading Competition and compete for your share of an 11,000 USDT prize pool. Use the Instant Flip feature to achieve Flip Combos and increase your trading volume to win more rewards! 

Flip Combo Trading Competition Details:

  • Campaign Period: December 20, 2024 at 00:00 UTC to December 27, 2024 at 00:00 UTC
  • Reward Distribution: January 10, 2025 by 23:59 UTC.
  • Rewards: Total Prize Pool of 11,000 USDT

How to Participate:

  • Participants need to complete the identity verification process.
  • Participants must use the Instant Flip function available on the Flipster mobile application to contribute trading volume on any perpetual swap.
    • Only positions traded achieved through the Instant Flip or Flip Combo function will count towards the trading volume calculation.
    • Notional position value must be at least 100 USDT to count towards the trading volume calculation.
    • Combos achieved after a partial position closure where the notional value is below 100 USDT will not qualify. 
  • An additional bonus of 1,000 USDT will be given to the first participant that achieves 52 Flip Combo count (refer to Rewards Breakdown for more details)
    • Flip Combo count will only increase if the position is flipped in profit using the Instant Flip function.
    • Only the highest Flip Combo count will be taken into consideration if 2 or more perpetual swap positions are traded during the campaign period.

 

Rewards Breakdown: 

Tier Prize Pool (USDT) Minimum Trading Volume (USDT) Additional Requirements
1 5,000 > 500,000 -
2 3,000 > 200,000 -
3 2,000 > 50,000 -
Bonus 1,000 > 50,000 52 Flip Combo count
 
  • The corresponding minimum trading volume must be achieved within the competition period in order to be eligible for rewards. 
  • Prize pool is shared amongst all participants that have achieved the minimum trading volume for each tier.
  • Each participant is only eligible to win in one (1) tier based on the achieved minimum trading volume.
  • Bonus tier is only applicable to the first participant that meets the requirements.

 

Important Information:

  • By participating in the Flip Combo Trading Competition, 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 Flip Combo Trading Competition without prior notice, such changes are applicable to both new and existing participants.
  • Participants eligible for the program rewards will receive program rewards directly into their Flipster accounts.
  • The Flip Combo Trading Competition 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.

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