Q: What is Quote currency?
A: The Quote currency also known as the Counter currency is used to determine the value of the selected asset. The Quote currency is listed after the selected asset in the perpetual swap pairing. E.g. BTCUSDT.PERP $30,000.00, means the selected asset 1 BTC is traded against the quote currency USDT and exchanged for 30,000 USDT.
Q: Will I need to convert or withdraw my US Dollar?
A: No. USDC will continue to be listed as a separate currency and will be reflected in the Assets page on the Flipster mobile application and in your Wallet page on the Flipster website.
Q: How do I check my USDT balance?
A: Your USDT balance will reflect as ‘USDT’ on your Assets page on the Flipster mobile application and as ‘USDT’ on your Wallet page on the Flipster website.
Q: What does USDT as the platform Quote currency mean?
A: This means that all prices and fees quoted as ‘$’ will be valued in USDT. This will also mean that ‘Available Funds’ will be valued in USDT.