Flip Combo Trading Competition
Q: What is the "Flip Combo Trading Competition - 241220" event?
A: Joining Flip Combo Trading Competition will allow one to compete for a share of an 11,000 USDT prize pool. Trade with Instant Flip and boost your trading volume by achieving more Flip Combos to win! More combos, more rewards.
Q: How can I participate in the competition?
A: To participate in the "Flip Combo Trading Competition - 241220" event, please consider the following:
- 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.
Q: Will the Flip Combo Count reset should I Flip at a loss?
A: The combo count will indeed reset should the position is flipped in loss. As stated, only the highest Flip Combo count will be taken into consideration if 2 or more perpetual swap positions are traded during the campaign period.
Q: What is the event period for the competition?
A: The "Flip Combo Trading Competition - 241220" event will run from December 20, 2024 at 00:00 UTC to December 27, 2024 at 00:00 UTC
Q: When will the rewards be distributed?
A: Rewards will be distributed on January 10, 2025 by 23:59 UTC.
Q: What will I receive as a reward?
A: You will have the chance to get a portion of the Total Prize Pool of 11,000 USDT. Please see the table below for the reward 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 |
- Only positions traded using the Instant Flip functions will count towards the trading volume calculation.
- 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.
Q: Who can I approach if the reward is not received after the distribution period?
A: Kindly submit a service request form, or reach out to us via Live Chat support for more information.