Flipster Expands Into Middle East Crypto Market with UAE Leadership Appointment

Flipster, the cryptocurrency trading platform, is making strategic inroads into the Middle East with the appointment of Benjamin Grolimund as General Manager for the UAE. The expansion comes amid surging regional crypto adoption, with UAE transaction volumes growing 42% year-over-year.

Grolimund brings nearly two decades of digital assets expertise from roles at Rain and Bloomberg. His leadership coincides with Flipster’s explosive growth—the platform recorded an 856% trading volume increase in 2024, with user assets ballooning over 6,000% across existing markets.

The platform differentiates itself with zero trading fees and high-leverage offerings, supporting over 350 trading pairs with up to 100x leverage for both spot and perpetual futures trading. This expansion positions Flipster to capitalize on the Middle East’s emergence as a crypto hub, where favorable regulations and institutional interest are driving rapid market maturation.