TLDR

Flipster cryptocurrency trading platform announces expansion into Middle East region with new regional leadership appointment
Benjamin Grolimund joins as General Manager of UAE, bringing nearly two decades of digital assets experience from Rain and Bloomberg
UAE crypto transactions grew 42% year-on-year, making Middle East a strategic growth market for crypto platforms
Flipster’s trading volume increased 856% in 2024 with user assets growing over 6,000% across existing markets
Platform offers over 350 trading pairs with zero trading fees and up to 100x leverage for spot and perpetual futures trading

Flipster has announced its expansion into the Middle East cryptocurrency market with the appointment of Benjamin Grolimund as General Manager for the UAE. The move comes as the region shows strong growth in digital asset adoption.

Grolimund brings nearly two decades of experience in digital assets and business operations to his new role. He previously worked at Rain, the first fully regulated Virtual Assets Brokerage and Custodian in the Middle East.

Before joining Rain, Grolimund founded and served as CEO of Finally Technologies. He also held the position of Regional Head of MEA at Bloomberg, giving him extensive knowledge of Middle Eastern markets.

The UAE has emerged as a key market for cryptocurrency trading and investment. Crypto transactions in the country grew 42% year-on-year according to the company’s announcement.

The Middle East region offers progressive regulations that support cryptocurrency businesses. A thriving fintech ecosystem and skilled talent pool make it attractive for global crypto platforms.

Strong Platform Performance Drives Expansion

Flipster’s decision to expand follows strong performance metrics from 2024. The platform saw trading volume increase by 856% across its existing markets during the past year.

User assets on the platform grew by more than 6,000% over the same period. These growth figures helped position Flipster as a leading derivatives trading platform.

The platform currently offers over 350 trading pairs across spot and perpetual futures markets. Users can access zero trading fees, tight spreads, and leverage up to 100x on trades.

Flipster allows users to earn APR rewards on USDT while actively trading. This feature aims to maximize capital efficiency for platform users.

Regional Leadership and Compliance Focus

Grolimund will oversee business and operational strategies for Flipster in the UAE region. His appointment comes during what the company describes as a pivotal growth phase.

The new General Manager emphasized the importance of regulatory compliance in his new role. He stated his focus will be on establishing a compliant and operationally sound presence in the region.

Platform Features and Market Position

Flipster positions itself as a fast, secure, and intuitive cryptocurrency trading platform. The company emphasizes security and user experience in its platform design.

The platform combines various trading features to serve both new and experienced traders. Speed, transparency, and reliability are key elements of the platform’s design philosophy.

Flipster’s expansion strategy targets regions with strong demand for digital assets. The Middle East fits this criteria with its engaged and informed investor base.

The post Flipster Appoints UAE General Manager as Platform Expands Into Middle East Crypto Market appeared first on CoinCentral.

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Filed under: News - @ May 27, 2025 8:23 am