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Home » Safety Measures of the Flipster Open Platform Aimed at Enhancing User Trust
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Safety Measures of the Flipster Open Platform Aimed at Enhancing User Trust

Apr. 2, 2025No Comments3 Mins Read
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Safety Measures of the Flipster Open Platform Aimed at Enhancing User Trust
Safety Measures of the Flipster Open Platform Aimed at Enhancing User Trust
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As cryptocurrency trading gradually becomes mainstream, investors are increasingly emphasizing asset security. Flipster, as a rapidly growing global cryptocurrency derivatives trading platform, has always prioritized user asset security. Through transparent information and stringent security measures, it has built market trust in the platform.

Flipster has obtained the ISO 27001 information security certification issued by DNV, a Norwegian international certification body, meeting the same level of security standards as top international platforms such as Binance. In addition, the platform collaborates with the renowned digital asset security agency Fireblocks, employing MPC (Multi-Party Computation) cold wallets and Coincover backup systems. Most user assets are securely stored in cold wallets, ensuring asset safety even in the face of market volatility.

Furthermore, Flipster adopts enterprise-grade encryption technology and real-time threat detection systems to ensure the security of user data transmission and storage, preventing unauthorized access. The platform also regularly conducts rigorous penetration tests and ongoing security audits to proactively identify and patch potential vulnerabilities, continuously optimizing security defense mechanisms to further enhance overall security assurance levels.

In terms of platform operations, Flipster employs a spread profit model similar to Robinhood, generating profits through the difference between opening and closing positions while maintaining zero trading fees, effectively reducing trading costs, making it suitable for frequent traders. Additionally, the platform boasts high liquidity, ensuring users can smoothly execute trades under any market conditions.

In 2024, Flipster officially achieved breakeven, with total trading volume surging from $12 billion to $117 billion, an increase of over 856%; platform assets skyrocketed from $1.2 million to $78 million, growing over 6,000%, demonstrating market affirmation and trust in the platform. The platform’s funds are transparent and publicly available, with third-party organizations like DefiLlama able to verify reserve fund status at any time. Reserve proof on Flipster’s official website is updated daily, with plans to increase the update frequency to hourly. Furthermore, Flipster adheres to a 1:1 asset protection model, ensuring that all assets on the platform are always backed by full reserves.

Flipster will continue to focus on security protection and transparent information in the future, further enhancing investor trust and providing users with a safe and reliable trading environment, promoting the entire market towards a safer and more robust direction.

For more information: https://flipster.io/

Risk Warning

Cryptocurrency investments carry a high level of risk, and their prices can be highly volatile, potentially resulting in a total loss of principal. Please assess risks carefully.

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