Hey Flipstars!
We are excited to announce that as part of our ongoing efforts to improve our products and services, Flipster will be introducing changes to the Contracts Category and Leverage system.
The current position bracket tier system will be adjusted and the maximum leverage available to all users will instead be determined by 5 categorised groups. This change will take place on 1 August 2023 at 0800 UTC. Please ensure to update the Flipster mobile application in order for changes to be applied.
| Category | Max Leverage | Initial Margin Rate | Maintenance Margin Rate |
| 1st | 100x | 1% | 0.5% |
| BTCUSDT.PERP / ETHUSDT.PEPP | |||
| Category | Max Leverage | Initial Margin Rate | Maintenance Margin Rate |
| 2nd | 50x | 2% | 0.6% |
| XRPUSDT.PERP, ADAUSDT.PERP, DOGEUSDT.PERP, SOLUSDT.PERP, MATICUSDT.PERP, BNBUSDT.PERP, LINKUSDT.PERP, LTCUSDT.PERP, FILUSDT.PERP, BCHUSDT.PERP, ETCUSDT.PERP, DOTUSDT.PERP, XLMUSDT.PERP, UNIUSDT.PERP, ATOMUSDT.PERP, AVAXUSDT.PERP, 1000SHIBUSDT.PERP, TRXUSDT.PERP, EOSUSDT.PERP, XTZUSDT.PERP, NEARUSDT.PERP, ALGOUSDT.PERP, AAVEUSDT.PERP, ICPUSDT.PERP, SANDUSDT.PERP, EGLDUSDT.PERP, APTUSDT.PERP, LDOUSDT.PERP, ARBUSDT.PERP, GRTUSDT.PERP, MKRUSDT.PERP, OPUSDT.PERP, APEUSDT.PERP, FTMUSDT.PERP, GALAUSDT.PERP, MASKUSDT.PERP | |||
| Category | Max Leverage | Initial Margin Rate | Maintenance Margin Rate |
| 3rd | 25x | 4% | 1% |
| STXUSDT.PERP, COMPUSDT.PERP, AXSUSDT.PERP, MANAUSDT.PERP, CRVUSDT.PERP, CHZUSDT.PERP, IMXUSDT.PERP, SNXUSDT.PERP, FLOWUSDT.PERP, RNDRUSDT.PERP, INJUSDT.PERP, 1000PEPEUSDT.PERP, BATUSDT.PERP, 1INCHUSDT.PERP, SUIUSDT.PERP, 1000XECUSDT.PERP, THETAUSDT.PERP, KAVAUSDT.PERP, VETUSDT.PERP, DYDXUSDT.PERP, NEOUSDT.PERP, SUSHIUSDT.PERP, ENSUSDT.PERP, LRCUSDT.PERP, ZILUSDT.PERP, 1000LUNCUSDT.PERP, KLAYUSDT.PERP, ZRXUSDT.PERP, GMTUSDT.PERP, ENJUSDT.PERP, TUSDT.PERP, CFXUSDT.PERP, WAVESUSDT.PERP, BLURUSDT.PERP, BALUSDT.PERP, JASMYUSDT.PERP, ANKRUSDT.PERP, ACHUSDT.PERP, QTUMUSDT.PERP, RVNUSDT.PERP, CELOUSDT.PERP, 1000FLOKIUSDT.PERP, ICXUSDT.PERP, CVXUSDT.PERP, MAGICUSDT.PERP, FXSUSDT.PERP, ARPAUSDT.PERP, EDUUSDT.PERP, TOMOUSDT.PERP, LINAUSDT.PERP, LUNA2USDT.PERP | |||
| Category | Max Leverage | Initial Margin Rate | Maintenance Margin Rate |
| 4th | 20x | 5% | 2% |
| RPLUSDT.PERP, CROUSDT.PERP, FETUSDT.PERP, OCEANUSDT.PERP, JSTUSDT.PERP, KNCUSDT.PERP, AGIXUSDT.PERP, ETHWUSDT.PERP, RUNEUSDT.PERP, BANDUSDT.PERP, ONEUSDT.PERP, LQTYUSDT.PERP, STGUSDT.PERP, SXPUSDT.PERP, ONTUSDT.PERP, CTSIUSDT.PERP, TWTUSDT.PERP, GALUSDT.PERP, JOEUSDT.PERP, PERPUSDT.PERP, CKBUSDT.PERP, OMGUSDT.PERP, HFTUSDT.PERP, XVGUSDT.PERP, RDNTUSDT.PERP, PENDLEUSDT.PERP, TRUUSDT.PERP, IDUSDT.PERP, ORDIUSDT.PERP, MTLUSDT.PERP, MDTUSDT.PERP, HIGHUSDT.PERP, HOOKUSDT.PERP, KEYUSDT.PERP, MAVUSDT.PERP, COMBOUSDT.PERP, 1000PEPE2USDT.PERP, MNTUSDT.PERP, ARKMUSDT.PERP, WLDUSDT.PERP | |||
| Category | Max Leverage | Initial Margin Rate | Maintenance Margin Rate |
| 5th | 10x | 10% | 2% |
| GTCUSDT.PERP, BORAUSDT.PERP, OASUSDT.PERP, XVSUSDT.PERP, LBRUSDT.PERP | |||
Risk Warning: Please note that the Maintenance Margin Rate will be subject to changes on the 1st of August 2023 at 0800 UTC. Kindly take note to manage your positions accordingly to avoid liquidation.
Best Regards,
Team Flipster
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