Instant Flip on Flipster

The fast-paced nature of the crypto market, where prices shift rapidly within seconds, presents challenges and opportunities that traders have to navigate daily. Traders often find themselves in situations where they need to swiftly adapt to these fluctuations to maximise profits or minimise losses.

In such a volatile environment, even a fractional delay can drastically impact a trader’s bottom line. Just a few extra clicks or seconds wasted can make the world of a difference. Recognizing this, and in pursuit of optimising the trading process, Flipster introduced the game-changing Instant Flip feature.

What Is Instant Flip
Instant Flip is an innovative feature that addresses the inherent challenges of crypto trading, particularly the time sensitivity of capitalizing on price swings. The act of transitioning between trading positions is streamlined, allowing traders to nimbly navigate market fluctuations.

In traditional trading scenarios, transitioning from a long to a short position (or the reverse) necessitates two distinct steps: closing the initial position and subsequently initiating a new one. This approach, while functional, is riddled with inefficiencies and opens the door to potential errors, especially given the rapid pace of the crypto market.

Instant Flip revolutionises this by simplifying the long-drawn traditionalprocess into a single click. When traders observe a downward price trend, they can utilise Instant Flip to instantaneously transition from a long to a short position, capitalizing on the downturn. Conversely, in the face of an upward price trajectory, a short position can be flipped to a long one, allowing traders to harness the rising market momentum.

How Does Instant Flip Work
On Flipster, when traders use the Instant Flip feature, orders will be executed as a market order. This means both the exit price for the closing order and the entry price for the opening order are fulfilled based on the Best Bid Price/Ask Price.

When a trader decides to use Instant Flip for a long position, the exit price is the Best Bid Price. Simultaneously, the new opposite position (short) is also opened at this Best Bid Price.

For a short position, the exit price is the Best Ask Price. Simultaneously, the new opposite position (long) is established at this Best Ask Price.

The quantity of the new position will be based on the invested funds, and also include the realised profit or loss of the original position.

For example, if the value of the trader’s current open long position in BTC is $1,000 when using the Instant Flip feature, the value of the newly opened short position will also be $1,000.
Benefits Of Instant Flip
Lightning-Fast Performance
In the fast-paced crypto world, timing is everything. The primary advantage of Instant Flip is its speed. With this feature, traders can execute crucial trading decisions promptly.

Risk Management
Manage your risk effectively with the Instant Flip feature, especially during sudden market reversals, to seize opportunities from rising trends or safeguard investments from sudden downturns.

Saves Time and Effort
Instead of having to undergo the cumbersome process of closing a position and manually opening another, Instant Flip allows traders to do it all in one swift move. Streamline your trading process and focus on making strategic decisions in one click.

Trade On The Go
Flipster, designed with a mobile-first philosophy, caters to busy traders on the go. With the Instant Flip feature, mobile trading becomes an even more intuitive experience. Flip your trading positions with ease, free from the hassles of traditional mobile trading.

With the Instant Flip feature, trades are even faster, sparing traders the inconvenience of multiple clicks to reverse positions.
How To Use Instant Flip On The Flipster App
Flipster’s simple and user-friendly interface makes it easy to learn and use for both new and seasoned traders. The Instant Flip feature allows users to seamlessly close their current position and initiate a new one in the opposite direction, all with a single tap. Here’s how to use the Instant Flip feature on Flipster:

Download the Flipster app and set up your account.
Navigate to [Trade] to open a position in any cryptocurrency pair.
In the order form, located under the Positions tab, identify the position you wish to trade in the reverse direction.
For long positions, click on [Flip to short], and for short positions, click on [Flip to long].
On the Preview screen, verify the details of your Instant Flip transaction, then click either [Flip to short] or [Flip to long] as appropriate.

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.


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