Flipster step in encryption derivatives: Question and Answer with the Producer Youngsun Shin
Fresh from the loud floors for the Paris Blockchain 2025 – Under the Historical Glass Pyramid of the Carosil de Louvre – we fell with Youngsun Shin, the head of the product at Flipster. Flipster is the exchange of fast -growing derivatives that gain popularity for its user -centered approach, zero trading fees, and innovative tools designed for modern traders.
In an interview with Cryptopolitan, SHIN shares his journey to Web3, the internal business of Derivatives of distress exchangeAnd the future of trading in an increasingly increasingly market.
Entry to Web3 and inspiration behind Flipster
Q: What markets are you at the present time?
A: We are in many markets outside the restricted areas. Since we do not have much in certain regions, we want to increase the imprint and our awareness worldwide.
Q: If we are able to return a little, and talk to us about your background, and when you started making encryption, and what drove you to Flipster.
A: I joined two years ago when Flipster was renamed and had no users. We created a producer team to innovate the space, and we wanted to deal with trading differently. So this was the motive.
Before Flipster, I was originally a technical young man, as I worked as a manager of operations in Uber and then as a product manager in Uber Atez. She worked in multiple offices, including Seoul’s office, and then moved to the San Francisco office.
After that, she moved to Coupang, which is basically the South Korea Amazon. I worked there as a great owner of the product, and supervised the paid membership team.
I am very directed towards society, so I like to meet people and social communication. I also created some societies and hosted events even before encryption. This led me to be a very active voice in the club. During the club’s days, NFT and Crypto were something in those rooms. So it was somewhat exposed to many NFT rooms and fell in love with NFT and the community park. So I started buying NFTS, which prompted me to be interested in building products in the encryption space.
Therefore, I joined the Origin protocol as NFT product manager. It also hosted one of the largest NFT events in South Korea.
Q: What is the idea behind Flipster?
A: Flipster founders have a wallpaper in quantitative trading, system trading. As traders, they wanted to create something superior to what is on the market. They have tried different styles on the market, and Flipster is the latest version of it.
Unique points of sale from Flipster
Q: What distinguishes you? How is your product better than Binance, etc.?
A: We focus on PERP offers. We are much easier and more suitable for trading with. Our application provides less steps for you to expose a situation, which is the fastest platform you will be able to reach.
We also provide merchants a large amount of contextual information. We included different types of news and economic numbers in our application for people to see and dispose of people.
One of the main features we recently launched is the time of time operation. The time trigger arrangement allows you to run an unparalleled order. We allow users to run a request in a specific moment or a few moments before, so that they are safe in this position.
We are doing this to think of a very centered mentality. Many of the trading applications now look similar from the product perspective. They make similar offers to a large extent to everyone. It only competes through the lists and possibly sales. But we deal with it from the product perspective. There is much more space in the space for retailers to benefit from the market.
We want to be a commercial application where you get the correct information and you can trade easily and easily. We provide them with competitive prices, which means that we have zero fees.
Q: You have mentioned that you have unique tools available to merchants and give the flow of merchant information, which you do not get with other trading platforms. What kind of merchants is your beautiful place? Are they traders for retail at novice level, merchants at the institutional level, or very advanced traders?
A: We do not serve institutions because we do not provide applications programming facades. Our application is more than a retail application. We do not provide any slope road services. Traders who are interested should be already knowing somewhat encryption.
If they are, it is in a very good place to come and trade on our platform. We have a much better reward plan and a incentive earning campaign that allows them to get a return from USDT during trading.
Tips to move in the volatile encryption market
Q: What is your advice to merchants under the current market conditions? What do you think is the future of the encryption market from a commercial perspective?
A: One number, we are all human, so it will be very difficult to keep your principles very tight, but very important is to keep it. The second number, the markets change dramatically on the courses. Hold your encryption, and will give you another chance to go out. I am not sure if this is the case for this course.
This market contains so many fluctuations that you either buy bitcoin or other major symbols and forget it for three years – the market returns, and you will earn. Or know your appetite for risk because there are a lot of fluctuations if you put it on a longer horizon, and you are exposed to high liquidation risk.
Mobility in Flipster and market expansion plans
Q: You mentioned that you do not charge the fees. How are revenues generated? How can you provide zero trading?
A: Many of our revenues come from spreading between the best and presentation. Traditional exchange of exchange fees and transactions; We do not impose transactions fees.
Q: The exchanges revolve around confidence. To what extent can you provide these services and ensure somewhat user assets? There have been many problems with this over the years, and we recently seen a bybit penetration. What do you do in safety to make sure that the user’s money is safe?
A: We are very serious about the safety and security of the user and we take all possible measures to ensure that all the money is kept safe. We use proof of reserves and frequently updating them to display how to manage our money. We have also passed an ISO certificate to ensure compliance with our safety measures compliance with the higher industry standards. We also make security checks frequently.
We constantly increase our safety features to ensure that you can trust and use our platform. We just do our best, and it appears on our website that we have certificates about security measures and to prove reserves, history and path to get there.
Q: What is the financial leverage that users can reach in situations? How does this compare to other exchanges there?
It depends on the symbol. For Bitcoin, we offer up to 100x.
What is different from most exchanges is that, with a maximum position for certain sites, we guarantee filling these requests as soon as the application is set. This is different from having to fill the book, where you will have a slide if the book is empty or full -time.
We will ensure that the best offer or the best offer will meet the size of the maximum position.
Q: How many users you have?
A: We have 1,000,000 registered users, and we grow quickly.
Q: What are the main markets that you want to enter?
A: I will not say that we have a dedicated regional market. We have a dedicated main sector. People who have abundant money to invest or trade with influence, and they are aware of the encryption space are the sector we are looking for because they must deposit through transactions on the chain. These parts in which they are traded frequently and have a good appetite for risks are the parts we want to target, not only in certain regions but worldwide.
Q: Anything else you want to add?
Flipster will constantly provide users with the benefits, comfort and better user experience. Therefore, I am looking for our new features. I am sure that after two years from now, we will be there with the main players in the exchange space.
