6. Assets

6.1 Portfolio balance

Your portfolio balance includes:

• Your Assets

  • Cryptocurrencies and Bonus in your Flipster wallet expressed in USDT

• Unrealized P&L

  • Profit and loss calculated with the assumption that open positions are closed at the current market price

• Reserved trading margin

  • Margin allocated to current open positions

Your positions

• The open positions section allows you to view open positions margined in USDT

• The pending positions section allows you to view trigger orders that are pending execution

Your assets

• Your assets section allows you to view individual asset balances expressed in USDT.

6.2 Bonus

Bonus is awarded as rewards for participating in promotional events. Bonus is expressed in USDT and can be used on the Flipster platform as initial margin for trading.

Check out an in-depth explanation of the Bonus mechanism.

6.3 Deposits

Required number of blockchain confirmations:

Learn how to Deposit to your Flipster account in this step-by-step guide.

6.4 Withdrawals

Withdrawal Limit

Please note that both the one-time and daily withdrawal limit is capped at 1,000,000 USD.

Minimum Withdrawal Amount

Each cryptocurrency has a minimum withdrawal amount. If the withdrawal amount is less than the minimum, you will be unable to withdraw. The following is the minimum withdrawal amount for each token:

Learn how to Withdraw from your Flipster account in this step-by-step guide.

6.5 Conversion

Flipster offers conversions between supported cryptocurrencies.

Check out an in-depth explanation of the Conversion mechanism.

Conversion Limit

Each cryptocurrency pair has a conversion limit based on the smaller of the two currencies' individual limits. For conversions involving USDT, only the limit of the non-USDT currency applies. Conversion limits are tracked separately for each direction: any conversion reduces the available limit of the 'from' currency, while the 'to' currency's limit remains unaffected by prior conversions into it.