Crypto Derivatives Trading Platform Flipster Lists Tether Gold (XAUT)

Top crypto derivatives trading platform Flipster has announced that it has listed Tether Gold (XAUT) on its platform.

Crypto derivatives trading platform Flipster has announced the listing of Tether Gold (XAUT) on its platform. The new token will allow users to deposit, convert, and withdraw the gold-backed token.

XAUT is issued by TG Commodities.Commenting on the development, Yongjin Kim, Chief Executive Officer of Flipster, stated that Tether has remained the leading stablecoin, maintaining the highest market capitalization among its peers. With the growth of blockchain technology, more companies are emerging and competing in the digital market.

Flipster Is Launching Two Campaigns To Celebrate Tether Gold OnboardingAccording to Kim, the company’s aim is to continue expanding blockchain adoption. There is also a growing interest in real-world assets such as gold being purchased on-chain.

Tether has positioned itself to capitalize on the trend and expand its offerings, which now includes Tether Gold, providing users with a medium of entry and exposure to the stability of Gold.

Flipster announced that to celebrate the introduction of Tether Gold on the platform, it will be launching two campaigns. The campaigns, Tether Conversion Campaign and Tether Gold Launchpool, will seek to reward users for their engagement and participation on the platform.

The Tether Conversion Campaign will feature rewards that allow users to earn up to 24% APR and other earning opportunities for the user.

The Tether Conversion campaign will begin on August 25 and close on September 8. The second campaign will feature a 60,000 USD prize pool for participants, with daily rewards of about 12,000 USDT when they stake XAUT and convert it to XAUT. The campaign will begin on August 20 and close on August 25, the announcement noted.

Flipster Continues To Provide Users With More Digital Asset OptionsWith the addition of Tether Gold, Flipster stated that it is continuing to build on its reputation for offering top products for users. The company will continue giving users more options in the digital asset world. The asset addition will give users more options for their portfolio of assets and tokens on the platform.

According to Kim, the company will continue offering access to the innovative assets and empowering users to explore real-world asset opportunities. The new token has made the platform more appealing as a robust trading hub.

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