Flipster Review 2025

Our Verdict

🏛️ Flipster is a crypto perpetuals trading platform that offers some of the lowest fees in the industry: 0.025-0.05% taker fees on both Spot and Futures trades.

🔐 No reported security breaches since launch

🪙 Supports 7 Spot tokens and 400+ Futures markets

⚖️ Offers up to 100x leverage on Futures trades

📈Ultra-tight spreads on 400+ pairs for high-frequency trading & scalping

I think Flipster is best suited for high-frequency traders (from scalpers to whales), who focus on flipping perpetual contracts in short time frames.

Flipster Pros and Cons

Is Flipster Right for You?

Not all traders are the same. Some want simple mobile apps, while others need advanced tools like leverage or social trading. We group traders into seven main types and evaluate exchanges based on how well they meet each group’s needs.

Our clear, data-driven method ranks platforms as a perfect match, good choice, or not recommended. Flipster lacks key features like bots, DCA, and copy trading, making it unsuitable for those strategies. However, it can still be a solid choice for other trader types. Here’s our verdict:

Supported Countries and Regions

Flipster is available in nearly 200 countries. However, the list of restricted countries includes:

• United States (including Overseas Territories)
• China
• Singapore
• UAE
• Ukraine
• Large parts of Africa

For the full list of restricted countries, click here.

Flipster Bonuses and Special Offers

Welcome Offers & Sign-Up Bonus: Flipster’s sign-up bonus offers new traders up to 150 USDT in rewards, and an extra 10 USDT worth of Flipster bonus when you complete all tasks within 30 days. While this may seem less compared to some competitors, Flipster’s requirements are much more attainable. Getting the full welcome bonus requires just four simple steps: register, pass KYC verification, deposit at least 50 USDT, and reach 100,000 USDT in trading volume.

New users are also automatically subscribed to Flipster’s Loss Protection program, which covers trading losses up to 20 USDT during your first few trades. All you have to do is deposit and maintain an account balance of at least 100 USDT. This removes a lot of the anxiety from making those first few trades, giving beginners some breathing room to learn the ropes without worrying about losing money.

Bonuses: Flipster’s Profit Boost is a unique feature for traders. For a small activation fee, this tool doubles your earnings for 5 minutes when trading BTC, ETH, SOL, or XRP futures. It increases your gains without increasing losses like leverage or margin would, so if the trade ends in a loss, you only lose the activation fee.

Referral Program: The Flipster Referral Program enables users to earn unlimited commissions. For every friend referred to Flipster, referrers can now earn 25% trading commission on their friends’ trades for a year (365 days). The more their referrals trade, the greater the rewards the referrer can earn.

Security & Transparency

Proof of Reserves

Flipster offers detailed Proof of Reserve data, with a ≥100% reserve ratio on over 30 different cryptos, including BTC, ETH, SOL, USDC & USDT. The exchange uses Merkle Tree for verification, with daily updates posted along with every reserve wallet address.

Users can access specific information regarding reserves of their individual assets. These measures offer reassurance, especially considering the number of cryptos and frequency of updates, something which is not common among smaller exchanges.

Account Security

Flipster offers all the industry-standard security measures for users to protect their accounts, including 2FA, biometric authentication, and passkey support across both mobile and desktop platforms. The only notable features missing are withdrawal whitelists and anti-phishing codes.

Personally, I set up Google Authenticator for 2FA, biometric authentication in the mobile app, and passkeys for the desktop platform. However, I was disappointed by the lack of anti-phishing codes and withdrawal whitelists.

General Reliability

• Deposit Insurance: Flipster currently does not provide insurance coverage for user assets held on the exchange. Although most exchanges do not typically offer this, leading platforms like Binance, Bitget, and Gemini have begun offering self-insurance or third-party insurance coverage for user assets.
• Bug Bounty Program: Flipster runs a bug bounty program on Hackenproof, with rewards of up to $3,000 for reporting vulnerabilities.
• Corporate Communication Structure and Transparency: The exchange maintains active accounts on Twitter, Telegram, LinkedIn, Instagram, Facebook, and YouTube.

Verified Trust Scores

Cer.live rates Flipster’s security, penetration tests, bug bounty, and ISO 27001 certification, giving it an AA rating (AAA is the highest, D is the lowest).

Know Your Customer (KYC)

Flipster implemented mandatory KYC to meet global anti-money laundering (AML) regulations. The exchange offers 4 KYC levels:

• Level 1 only requires an email and categorizes users as unverified, meaning deposits and trading are not available.
• Level 2 demands your full name, a photo of a government-issued ID (passport, driver’s license, ID card), and a selfie.
• Levels 3 and 4 require proof of address and proof of source of funds.

During testing, Level 2 verification was completed almost instantly. It took 2 minutes to take a picture of both sides of my ID and upload a selfie, with the automated system instantly verifying my account.

Is Flipster Safe to Trade With?

Our findings show Flipster provides a high level of trust and security, making it a reliable choice for security-conscious traders. The exchange offers comprehensive Proof of Reserves, covering a wide range of assets, ISO 27001 certification, and a range of account security measures, including biometric authentication and 2FA.

Although the exchange has not experienced any security breaches in its operational history, it would be beneficial to see it implement some form of insurance coverage on user deposits.

Trading Experience

Trading Test

For our trading test, we thoroughly evaluated the Flipster platform. We signed up, completed KYC, logged in, deposited funds, made withdrawals, tested trading pairs and conversions, and assessed transfer and withdrawal fees. This comprehensive test helps us provide a reliable review of the exchange’s usability, features, and costs. Here’s our detailed analysis:

Step 1: Setting Up and Funding Your Account

Signing up with Flipster was not as smooth as I’d hoped. When I tried registering on the desktop platform, I received an error stating I was in a restricted location, even though I was in an EU country not on the Restricted Country list. Customer support quickly rectified the situation, and I was able to complete registration using the mobile app.

KYC Level 2 was straightforward: uploading my ID and a selfie took under 2 minutes, and I was verified instantly.

I deposited USDC via Solana. The funds arrived within 2 minutes after just 2 confirmations.

Step 2: Trading

Mobile trading was fast and intuitive. I placed a limit buy order for SOL/USDT, which executed precisely when the price matched. A tight stop-loss worked perfectly.

Step 3: Withdrawal and Review

Withdrawing USDT over BEP-20 was seamless. After verifying with Google Authenticator and email, the funds arrived in my wallet within 2 minutes. Withdrawals are free on several networks, a definite plus.

Desktop Version

Flipster’s desktop platform provides a comprehensive trading experience suitable for both beginners and experienced traders. It combines advanced features and trading tools with an intuitive layout that is easy for beginners to navigate.

Trading Interface

The spot trading interface follows the standard layout most traders will recognize, making it easy to adapt if you’re switching from another exchange. The main dashboard is clean, with a menu bar that lets you switch between trading, staking, and Flipster’s unique Market Insights feature. Navigating the platform was simple, and all core trading tools were easy to access.

• Charting: TradingView integration gives access to 100+ indicators and drawing tools.
• Market Insights: A standout feature that highlights upcoming macro events and allows pre-scheduling of orders around them, which is helpful for volatility trading.

There are a few notable limitations that could be dealbreakers for more active traders:

• No order book or recent trade data in the spot interface, limiting visibility into market depth and activity.
• Fixed layout on desktop with no drag-and-drop or resizable modules.
• Only basic conditional orders are supported: Market, Limit, Price Trigger, and Time Trigger. There’s no support for Trailing Stop, TWAP, Iceberg, or TIF.

Derivatives Trading

Flipster focuses on perpetual futures trading, offering 0.05% taker fees and up to 100x leverage. With over 400+ futures markets, Flipster covers everything from large-cap markets to the latest trending ones. The platform only provides USDT-M perpetual markets and does not support COIN-M or delivery markets.

The desktop platform also includes a Market Pulse panel on the left, which displays real-time price movements and the realized profits of top traders. I found this especially helpful for monitoring volatility across multiple markets without switching screens.

During my testing, I found that despite the lower trading volume, orders were always executed quickly, and I had no issues with partial fills. Flipster offers a solid range of futures markets, and I observed that they provided all the major and trending markets. However, the limited range of conditional orders prevented me from using trading strategies like TWAP.

Mobile App

Flipster’s mobile app is available on both iOS and Android, providing a smooth trading experience that combines advanced features with an easy-to-use interface suitable for beginners, even without a dedicated Lite Mode. During my testing, the app functioned flawlessly on both platforms.

• Coin Search: Flipster’s coin search page makes it easy to find and trade from hundreds of available markets. Filters allow you to quickly browse favourites, open positions, perpetual markets, and spot markets. It also shows current market prices and 24-hour change percentages, but doesn’t enable filtering by market categories.
• Trading Features: The mobile app offers the same features as the desktop platform, including order forms for all order types. A key feature is full TradingView charting, which many competitors lack. I found placing orders and trading was quick and reliable, making it easy to manage positions on the go.
• Social trading: One of my favourite features was the app’s social trading and market news tab. Social integrations show you recent trades placed by the most profitable traders on Flipster. At the same time, the Market News tab keeps you updated on macroeconomic events and crypto news that could impact the market, helping you spot trading opportunities.

• Market Discover: Flipster provides discovery features such as market trends, hot trading pairs, new listings, top gainers, high volume, and funding rates on the homepage. It also allows browsing markets by categories like Memecoins, AI, DeFi, Gaming, Layer 1/2, helping explore specific sectors.
• Watchlist Management: Adding markets to the watchlist is easy; simply click the star in the top left of any tokens page to add it to your favorites. Favorited tokens are shown both on the homepage and in the search bar.
• Portfolio Clarity: The assets page offers a breakdown of your portfolio across both spot and perpetual wallets. It also displays a detailed breakdown of your asset allocation and portfolio value over time, helping you easily visualise your portfolio growth over time.

The assets page also displays all your open perpetual futures positions, including funding fees incurred, invested funds, available balance, and unrealized P&L.

My Key Takeaways After Testing Flipster

The desktop version offers a seamless experience, especially for futures traders. I had no issues trading with up to 100x leverage, and features like Market Insights helped me catch macro-driven moves.

• Strong performance and quick order execution
• 400+ futures markets with low fees
• Insights tab is a standout for active traders

Flipster’s app is fast, intuitive, and well-suited for beginners and experienced users. I liked how easy it was to navigate, place trades, and run chart analysis with full TradingView support, even on the go.

• Clean layout with responsive performance
• TradingView charts and order placement are smooth
• Social feed and macro news add real value

Overall, Flipster delivers a reliable trading experience across both platforms. While it may not satisfy advanced traders, it hits the mark for most users looking for speed, simplicity, and solid futures tools.

Fees

Spot Maker/Taker Fees

In our review of spot fees, we examine fees across three tiers, focusing on trading volume differences. We highlight basic fees, potential savings with native tokens, and discount schemes. This method offers a clear view of fee structures and savings for traders of all levels, comparing them to industry standards to assess affordability. Flipster’s fee structure differs slightly from most exchanges, as they don’t charge maker fees. More information is available on its guide page.

Futures Trading Fees

Futures trades have a 0.05% taker fee for basic users and different lower fees for VIP users across all 400+ contracts. There are no volume tiers or native token discounts, just simple, zero-friction trading. Funding fees still apply, but they’re consistently lower than Binance and most competitors, especially on altcoin contracts.

Flipster Futures Trading Fee Structure

Deposit & Withdrawal Fees

Flipster is a crypto-only exchange without fiat services. Deposits are free via crypto networks, matching competitors’ no-fee crypto deposits. Withdrawals are also limited to crypto networks.

Zero Spreads

Flipster offers zero spread trading on 20+ major perp pairs: BTC, ETH, XRP, BNB, SOL, DOGE, TRX, ADA, SUI, LINK, AVAX, 1000PEPE, LTC, PAXG, AAVE, TRUMP, TON, ARB, HYPE, NEAR, DOT, 1000SHIB, and FIL.

Are Flipster Fees Competitive?

Flipster’s low trading fees on spot and futures markets make it one of the industry’s most competitive exchanges.

I usually use limit orders when trading to cut down on fees, but with Flipster, I could use market orders for instant execution with low fees. Limit orders are mainly needed when trading low-liquidity markets to avoid slippage, making Flipster suitable for high-frequency and casual traders.

Available Cryptocurrencies

Cryptocurrencies available on Flipster

Tradeable Assets

• Spot Trading Pairs: BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, TRX/USDT, TON/USDT, APT/USDT
• Futures Markets: 400+ pairs, including major coins (BTC, ETH), altcoins, memecoins, and index-linked products.

Deposits & Withdrawals

Flipster Deposit/Withdrawal Options

During testing, I was forced to use another exchange to convert fiat into crypto before depositing it into Flipster. While experienced users may not mind, beginners or those used to card or bank transfers might prefer more accessible options like Kraken or Binance.

Since Flipster was launched in 2021, I hope they will add fiat support. On the plus side, crypto withdrawals were fast and efficient. During my testing, I found that withdrawals were processed quickly across a range of networks.

Flipster Daily Withdrawal Limits

Flipster has a fixed withdrawal limit of 1,000,000 USDT or equivalent for crypto withdrawals for all users. This limit applies to both single transactions and daily totals. While competitors like Binance offer withdrawal limits starting at 8,000,000 USDT, Flipster’s withdrawal limit should be enough for the average user.

Customer Service

Flipster Customer Service Test

To evaluate customer service quality for diverse needs, we designed a trading test. We contact support using all methods, presenting hypothetical problems. Our focus is response speed, help quality, and real-person availability, measuring support for traders and casual investors.

Chat Test

During testing, I was able to speak with a customer support agent in under 2 minutes. When signing up, I had an issue where the platform restricted me due to my location, even though I was in a supported country. However, the customer support agent quickly suggested a workaround that allowed me to sign up.

Email Test

I emailed Flipster support with a complex trading-related question. Although the live chat couldn’t help directly, the team responded via email in just under 5 hours. The reply was clear, polite, and resolved the issue without further back and forth.

Overall, my experience with Flipster’s customer support was mostly positive. While the live chat couldn’t directly answer more complex questions, it was capable of handling common issues that users might encounter. Email support was effective for the more complicated inquiries, but it tended to have longer response times.

FAQ