WARSAW, Poland, Sept. 3, 2024 /PRNewswire/ -- Flipster, a fast-growing crypto derivatives trading platform, has expanded its Earn Campaign to include Bitcoin (BTC) and Ether (ETH) assets, alongside its existing USDT offering. To celebrate, Flipster has announced the Earn Boost Campaign, a special promotion offering users up to 10% APR on BTC and ETH and up to 25% APR on USDT.
Yongjin Kim, CEO of Flipster says, "We're always looking at providing new ways through which Flipster users can earn, to give them exceptional value. With the upgraded Earn Campaign, we're really excited to be able to give our user base the opportunity to earn competitive rewards on a wider range of assets, with greater control and flexibility."
Earn Daily Rewards From Idle Crypto
The Earn Campaign provides an effortless way for users to grow their cryptocurrency holdings. By simply depositing any of these assets, users can automatically start earning a high annual percentage rate (APR), with rewards paid out daily in USDT. There is no lock-up period for assets, allowing users to withdraw their funds at any time without incurring penalties.
BTC and ETH: Users can earn a high APR of up to 5% to accrue passive rewards.
USDT: Exclusive to USDT, users can maximize their holdings by earning up to 20% APR, trading derivatives, or doing both simultaneously.
To participate, please refer to the Earn Campaign page and respective terms and conditions for USDT, BTC, and ETH.
Launch Promotion: Boost Your Rewards With Additional APR
To celebrate the new asset additions, Flipster has launched the Earn Boost Campaign. Users can deposit USDT to earn additional APR, up to 10% APR on BTC and ETH, and up to 25% APR on USDT.
Promotion period: 23 August 2024 at 00:00 UTC to 2 October 2024 at 00:00 UTC.
The additional APR will apply to the combined wallet balance of USDT, BTC, and ETH, up to a total value cap of 100,000 USDT.
To participate, please refer to the Earn Boost Campaign page and its terms and conditions.
About Flipster
Flipster is a fast-growing crypto derivatives trading platform, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to pr@flipster.io.
Disclaimer
Be aware of the risks of trading in Cryptocurrencies. Do not ever risk more money than you can afford to lose. Flipster does not provide any guarantee of high profits, and the Earn Campaign is subject to the various terms and conditions mentioned herein, as well as our platform Terms of Use at all times.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Flipster Expands Earn Campaign: Earn Rewards on BTC, ETH, and USDT With Launch Promotion of up to 25% APR
Flipster Expands Earn Campaign: Earn Rewards on BTC, ETH, and USDT With Launch Promotion of up to 25% APR
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH's realized volatility has increased, but short-term options haven't adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024's end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH's volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC's volatility structure has been less responsive to changes in spot prices, whereas ETH's short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC's realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH's volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report