Warsaw, Poland, November 1st, 2024, Chainwire
Flipster, a global crypto derivatives exchange, has announced a collaboration with BNB Chain, a community-driven blockchain ecosystem, to offer fee-free withdrawals, aiming to democratize access to cryptocurrency trading.
This collaboration builds on Flipster’s existing zero-fee trading model, aligning with both Flipster and BNB Chain’s shared mission to make cryptocurrency trading more user-friendly and cost-effective. By backing BNB Chain’s gas-free withdrawals initiative, Flipster users will be able to transact with ease and capitalize on market movements effectively while avoiding hidden fees and slippage.
CEO of Flipster, commented, “We’ve always been focused on building an inclusive and user-centric environment to enhance the trading experience for our users. Collaborating with BNB Chain on fee-free withdrawals is a natural step toward advancing our shared vision of opening up crypto trading to the masses. We are committed to fostering a thriving ecosystem where digital assets are easily accessible to everyone.”
Beyond bridging the gap between traditional finance and crypto, Flipster aims to explore further synergistic initiatives that accelerate crypto adoption. This includes fostering connections within the ecosystem, providing seamless entry into the market, and enhancing the overall trading experience, to encourage greater participation in the ecosystem.
Gala Wen, Director of Ecosystem Development at BNB Chain, added “Collaborating with Flipster to provide gas-free withdrawals is a key part of our ongoing efforts to lower barriers to entry in the crypto market. By removing withdrawal fees, we empower more users to engage with digital assets and expand access to cryptocurrency, aligning with BNB Chain’s mission to onboard the next billion users into Web3. We look forward to exploring further initiatives with Flipster to enhance user empowerment.”
Flipster’s platform is designed for rapid trade execution, deep liquidity, and zero trading fees. With the integration of BNB Chain’s fee-free withdrawals, users can withdraw stablecoins without incurring additional costs until the end of the month.
Processing over $10 billion in monthly trading volume and serving over a million users, more than 98% of asset deposits and withdrawals on Flipster are stablecoins, making…