Flipster 2024 Recap and What’s Cooking for 2025?
On 15th January, we hosted an insightful AMA session with our Head of Product, Youngsun Shin, who recapped Flipster’s 2024 achievements and offered a glimpse into what’s ahead for 2025.
If you missed the live event, fret not! Here’s a quick recap of the key highlights.
TL;DR
* Flipster achieved monumental growth in 2024, with the Earn Campaign driving nearly 50x growth.
* Major partnerships included BNB Chain, TON, Tether, Pudgy Penguins, and more.
* Spot Trading and Recurring Buy laid the foundation for new user-friendly features.
* 2025 promises exciting new features, reinforcing Flipster’s community-focused approach.
Q: 2024 was a monumental year for Flipster. What were some of the most significant milestones that shaped the exchange last year?
2024 was the first full year Flipster operated with our customers and traders. The most significant milestone was probably the global appreciation of our flagship features. One of our anchor products, the Earn Campaign, attracted significant user interest, resulting in almost 50x growth compared to January 2024.
That was truly monumental growth. We also had some exciting partnerships that shaped our success, including the BNB Chain collaboration, which waived withdrawal fees for everyone using BNB Chain to withdraw USDT. We also launched the TON Campaign, which offered extra APR plus withdrawal fee waivers for TON USDT. There was the Tether partnership featuring the XAUT Tether Gold Launchpool, as well as fun partnerships like the one with Pudgy Penguins for offline events. All of these were significant moments. Thank you to everyone who participated, and we look forward to more in 2025!
Q: With features like Spot Trading and Recurring Buy introduced in 2024, how did they impact user experience and platform growth?
While it’s still early days, we’re laying the foundation for significant changes that will benefit our users over time. We started with our perpetual (perp) product in 2023. Back then, we didn’t have charts, and many of our features were non-existent. Now, we have pretty robust perp trading features. I think the same will happen with our spot trading. Over the course of this year and into next year, more people will be able to trade spot.
Specifically, we’re looking at Recurring Buy as one of the products that might gain more traction with our users. Once you have USDT in your balance, it’ll be so much easier to keep purchasing Bitcoin, Ethereum, or whatever you want to buy without stressing over charts. By setting a regular time in the configurations, you’ll be able to automatically buy and stack BTC, setting yourself up for a good position in this bull market—or even the next one!
Q: 2025 has already seen the release of the Master League Leaderboard on Web and the Referee History, showcasing Flipster’s dedication to providing a great user experience. Can you share any alpha on what new features we can expect to see this year?
We have an exciting 2025 ahead with some very interesting features designed to help our traders gain more. I can share a bit of alpha about two key pillars, though I can’t spill everything—it’s more fun with a bit of mystery!
The first is about giving users more context around price movements of our symbols. For example, if you see a symbol rise by 35% and it appears at the top of the Top Mover carousel, you might wonder why this happened. It could be because the symbol was just listed on Upbit for spot trading, or perhaps the entire industry is rallying due to CPI announcements. Whether it’s a macro trend or token-specific news, we want to help fill in those contextual details so you can make better trading decisions.
The second pillar is centered on enhancing social features. We know many of you are excited about the leaderboard and FOMO rolling banner, which show closed positions and active trades on our app. These features build a sense of trading with friends and being part of the Flipster community. We’re doubling down on this concept with upcoming features that will make trading feel even more interactive and connected.
Of course, we’ll continue improving our existing features as well. Expect major upgrades to our asset pages, making it easier to track your PnL and portfolio balances. These updates, along with other exciting features, are coming very soon, so stay tuned!
Q: One of the most exciting topics about Flipster this year was the partnerships that we had ranging from BNB Chain, TON, Pudgy Penguins, OVER Protocol, and many more. How have these influenced Flipster’s ecosystem, and what do we offer to users?
We’re always up for cross-pollination with different crypto communities and want to make sure that it benefits both sides. Last year, we formed major partnerships with some of the largest foundations in the industry. This year, we want to continue that momentum, and our users will be able to benefit from it. We have some exciting partnerships lined up that will come very soon. It’s also going to be your opportunity to earn from them. Please be on the lookout and turn on notifications so you’ll be the first to know.
That said, for partnerships, we’re always looking for major opportunities to grow Flipster’s brand and invite communities from other token projects or foundations to experience how convenient and easy trading on our platform is. That strategy will continue in 2025 and will remain a major driver of our growth.
Q: How will Flipster’s product innovations keep us ahead in the fast-evolving crypto landscape in 2025? What upcoming developments can users look forward to?
Flipster excels at providing users with fast and seamless access to their positions, setting us apart in the market. If you have ever traded on Flipster, you know it offers a very sleek and fast experience for placing an order into any position you want. We’re going to double down on that and ensure you continue to enjoy that easy trading experience while adding multiple exciting features, such as social features, trading idea features, and improvements to our current order system. I think Flipster will be in a much better place in 2025, and you can expect our product to be at least 10x better than it is now.
Q: Please share with our listeners any final words you have about the trading year ahead!
While I can’t share much alpha, I believe we’re in a period of heightened market volatility. For instance, the CPI announcement is coming up shortly, following a series of macro events that triggered significant market swings—both upwards and downwards—over the past few days. It’s a good time to be cautious and stay on the lookout for major macro announcements and updates because they’re likely to impact prices significantly over the next month or even the coming months!
That said, keep an eye out for major micro metas that emerge during each micro cycle. For example, during the last X Space with STIX, I mentioned the rise of AI projects. Since then, they’ve already increased significantly, although they corrected by almost 50% versus their peak during the AI agent meta. It’s a very volatile space, but if you time your entry into the right positions, you could achieve returns exceeding 100%. Always stay informed on X and Telegram, and pay attention to emerging trends to position yourself for potential gains. AI remains prominent, and many expect the AI meta/crypto meta to continue into 2025—but who knows? It’s definitely an exciting trend to watch.
Another trend to note is the rising interest from institutions and TradFi players in crypto. Projects associated with stablecoins or those introducing new stablecoin models are likely to gain momentum. I’d also recommendwatching for new ETF announcements and institutional interest in specific tokens across different countries, as these could significantly influence crypto prices during bullish periods!
Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with significant risk of loss due to its high price volatility, and is not suitable for all investors.