Skip to main content

Flipster Earn Campaign - 240403 [Fully Subscribed]

  • Updated

Introducing the Flipster Earn Campaign

 

Flipster Earn Campaign Details:

  • Event Period: 3 April 2024 at 00:00 UTC until Fully Subscribed
  • Reward Distribution: Daily by 23:59 UTC
  • Rewards: Distributed daily based on the daily average USDT wallet balance


How to Participate:

  • Participants are automatically enrolled upon identity verification process completion.


Rewards Breakdown: 

  • The campaign rewards will be distributed based on the daily average USDT wallet balance of participants. 
    • The daily average will be calculated by averaging 24 random snapshot timestamps of the USDT wallet balance from 00:00 UTC to 23:59 UTC daily.
    • USDT campaign rewards are rounded down to 3 decimal places.
    • Unrealized Profit and Loss will be factored into the calculation of the daily average wallet balance.


APR%:

  • Any average USDT wallet balance not exceeding your Max Cap will earn the Trading Boost APR of up to an additional 10%.
  • Any average USDT wallet balance exceeding your Max Cap will earn the Baseline APR of 3%.
  • Any average USDT wallet balance exceeding 1,000,000 USDT will not be considered towards the campaign reward calculations.
  • Please note that the Baseline APR and Trading Boost APR now have different maximum caps on average USDT wallet balance.
    • Baseline APR average USDT wallet balance, Max Cap: up to 1,000,000 USDT.
    • Trading Boost APR average USDT wallet balance Max Cap: up to 200,000 USDT.

Trading Boost APR% Max Cap: 

30-Day Trading Volume (USDT)Max Cap (USDT)Trade Boosted APR (%)
≥ 250,0005,0003
≥ 500,00010,0003
≥ 1,000,00020,0003
≥ 1,800,00030,0006
≥ 2,400,00040,0006
≥ 4,000,00050,0006
≥ 8,000,000100,00010
≥ 20,000,000200,00010
  • Flipster Earn Campaign updates regarding APR will also be announced and updated monthly.
  • The last 30 days' total trade volume is calculated hourly.
  • Trade Volume for both Spot and Perpetual Swap will be considered in the 30-day trading volume calculation.
  • Only the portion of trading fees paid with a user’s own capital will be counted toward the trade volume calculation.

Daily Earn: 

  • Daily Earn can be checked on the Earn tab within the Flipster mobile application
  • Earn APR will vary daily, based on the best market yield and best estimated offers within the competitive set.



Important Information:

  • By participating in the Flipster Earn Campaign, 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 Flipster Earn Campaign without prior notice; such changes are applicable to both new and existing participants.
  • Your participation in this Campaign does not entail any movement of your Deposits away from our Trading Platform. Your Deposits continue to be governed in accordance with the Platform Terms, including but not limited to Clause 11.8 of the Platform Terms.
  • Any abnormal deposit and withdrawal patterns detected on your Flipster trading account may result in restrictions being placed on “Flipster Earn Campaign - 240403” rewards.
  • Abnormal deposit and withdrawal patterns include, but are not limited to:
  • Abnormally high fund turnover rate not supported by account trading activity
  • Abnormally high transaction frequency not supported by account trading activity
  • Participants eligible for the program rewards will receive program rewards directly into their Flipster accounts.
  • The Flipster Earn 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 Programs
  • 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