How does Flipster work?

Could you please explain the mechanics behind Flipster's operation? I'm particularly curious about how users interact with the platform, the types of transactions that can be made, and the security measures in place to protect users' funds and data. Is it a decentralized system, or does it rely on a centralized authority? How does it differ from other similar platforms in the cryptocurrency space? I'm eager to learn more about this intriguing project.