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Flipster Review: Is It Right for Perps in 2026?

Flipster combines crypto perpetuals with spot, copy trading and earn products. Its leverage and centralized custody make fees, KYC and withdrawal terms important to check before depositing.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Quick take

Flipster may suit active traders who want crypto perpetuals alongside spot markets, copy trading and earn products. Its main draw is a broad set of trading features, with tiered trading fees starting at 0.025%. Before depositing, check your local eligibility and the current funding, withdrawal and spread costs. You will need to complete identity verification, and keeping assets on a centralized exchange carries custody risk.

Ratings

How Flipster rates

Trust
4.5/10
Track record, licensing, audits and how your funds are held.
Value
6.0/10
Fees, odds, rewards and bonuses: what you get for your money.
Usability
6.5/10
How easy it is to sign up, deposit, play or trade, and withdraw.
Transparency
5.5/10
How clearly the team, terms, fees and risks are disclosed.

Ratings run from 0 to 10 and use only facts we could check. Where the information isn't public we show n/a instead of guessing.

At a glance

Flipster key facts

Flipster key facts
TypeCentralized crypto exchange
ProductsPerpetuals, spot, TradFi, copy trading and earn
LeverageUp to 100x listed for perpetuals
Trading feesTiered; start at 0.025%
KYCRequired for trading, deposits and withdrawals
MobileiOS and Android apps
Security claimsProof of Reserves and ISO/IEC 27001 certification
ChainsEthereum, BNB Chain, Tron, Bitcoin +18 more
Value locked$16.6M−28.9% 7d
Updated

Is it for you?

Who Flipster suits

Good for

  • Experienced traders looking for crypto perpetual futures and adjustable leverage
  • Traders who want spot markets, copy trading and earn products in one exchange account
  • Mobile users who want to manage an exchange account through an iOS or Android app

Not for

  • People who want self-custody, since assets held on Flipster are managed through a centralized exchange
  • Beginners who may not understand perpetuals, funding payments or liquidation risk
  • Users who need a clearly published fee schedule for deposits and withdrawals before signing up

What can you trade and do on Flipster?

Flipster is a centralized exchange built around crypto perpetual futures. It also lists spot trading and TradFi markets, and offers copy trading, earn products and promotional programs. The platform says it supports more than 400 trading pairs; perpetual markets include major assets such as Bitcoin and Ethereum. Maximum leverage of up to 100x is listed, but that is a risk limit, not a recommended setting. At high leverage, a relatively small move against your position can trigger liquidation.

This mix may be useful if you want to manage several trading activities in one account. Copy trading can mirror another trader’s activity, but it does not make that trader’s strategy safe or ensure similar results. Earn products also have their own terms and risks, so check how each product handles your assets before allocating funds.

What will trading on Flipster cost you?

Flipster says its trading fees are tiered, starting at 0.025%, with lower rates available at higher trading volumes. Your actual cost depends on your fee tier and the trades you make. Perpetual futures can also involve funding payments between long and short positions; these can add to or reduce your returns over time. Spreads and slippage matter too, especially when markets move quickly or a trading pair has less liquidity.

The starting fee does not tell you the full cost of using the exchange. Flipster does not publish deposit and withdrawal charges, funding rates or withdrawal limits in the product details described here. Check its current fee schedule and the terms for each market before placing an order or transferring assets. Treat earn rates and campaign rewards separately from guaranteed returns: reward conditions can change, and trading losses can outweigh them.

How much should you trust Flipster with your funds?

Flipster is a custodial exchange: when you leave assets in your account, you rely on the company to safeguard them and process withdrawals. The platform promotes Proof of Reserves and claims ISO/IEC 27001 certification, along with a AAA exchange rating from CER.live. These are relevant security and transparency signals, but they are not a guarantee that you can recover funds in every circumstance. Proof of Reserves alone does not establish all liabilities or eliminate operational and counterparty risk.

Flipster does not publish enough information about an independent financial audit, licensing or insurance to treat those as established protections. No smart-contract audit is identified for the exchange’s centralized trading service. If you use the platform, keep only the amount you need for trading there, secure your account carefully and consider withdrawing funds you do not need to keep on the exchange.

What should you check before depositing?

You can sign up on the web or through Flipster’s iOS and Android apps. The platform says country eligibility varies, and identity verification is required before you can trade, deposit or withdraw. Check that Flipster accepts customers in your jurisdiction before opening an account, and read the verification requirements before transferring funds.

Flipster does not publish deposit and withdrawal limits, processing times or supported payment methods in its product details. Confirm the available assets and networks inside your account before sending crypto: choosing the wrong network or address can cause an irreversible loss. For a first transfer, use a small amount and verify that you can withdraw it successfully before adding more. Keep in mind that completing KYC is part of using the service, not an optional step.

When is Flipster the wrong exchange for you?

Flipster’s range of products may appeal to active traders, but it is a poor fit if your priority is self-custody or simple, low-risk buying and holding. Perpetuals can be difficult to manage: leverage magnifies price moves, funding changes the cost of holding a position, and liquidation can close it automatically. Copy trading adds reliance on another person’s decisions, while earn products have separate terms that you should understand before committing funds.

The exchange also leaves important practical details—such as withdrawal limits, processing times and charges—to be checked in its current account terms. Do not assume that promotional rewards offset trading costs or losses. If you are new to derivatives, start by learning how margin and liquidation work; if you do not need leverage, a spot-only service or self-custody setup may be a better match.

5 steps

How to start with Flipster

  1. 1

    Check that Flipster accepts customers in your jurisdiction and review its current terms.

  2. 2

    Create an account on the web or in the iOS or Android app, then complete the required identity verification.

  3. 3

    Read the current trading and withdrawal terms, including funding payments, limits and supported transfer networks.

  4. 4

    If you proceed, make a small deposit first and confirm you can withdraw before transferring more.

  5. 5

    Start with a spot trade or low-risk position; understand margin, liquidation and funding before using leverage.

Flipster FAQs

Does Flipster require KYC?

Yes. Flipster says identity verification is required to unlock trading, deposits and withdrawals. Eligibility varies by jurisdiction, so check whether you can register where you live.

What fees does Flipster charge?

Flipster lists tiered trading fees starting at 0.025%, with lower rates at higher volume tiers. Funding payments, spreads, slippage and withdrawal charges can also affect your total cost; check the current terms before trading.

Does Flipster offer leveraged trading?

Flipster offers crypto perpetual futures, with leverage up to 100x listed for its markets. Leverage magnifies losses as well as gains, and a sharp price move can liquidate your position.

Is Flipster safe to use?

Flipster promotes Proof of Reserves and says it is ISO/IEC 27001 certified. Those claims do not remove the risks of leaving assets with a centralized exchange, and Proof of Reserves alone is not a guarantee of withdrawals.

Can you use Flipster on mobile?

Flipster offers web access and apps for iOS and Android. The platform says supported countries vary, and identity verification is needed for trading, deposits and withdrawals.

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How we checked

Sources

  1. defillama.com/protocol/flipster(opens in a new tab)

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