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The 10 Most Common Questions From People Who Just Signed Up for Flip Hop

June 23, 2026June 23, 2026
The 10 Most Common Questions From People Who Just Signed Up for Flip Hop
The 10 Most Common Questions From People Who Just Signed Up for Flip Hop

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When someone signs up for Flip Hop for the first time, a predictable set of questions comes up: Do I need to understand crypto? How does the drawing work? How much can I win? Can I withdraw at any time?

This post brings together the 10 questions that come up most often — selected from the platform’s official FAQ, which has 82 questions organized into 15 categories. The answers here are more conversational, with extra context for those just getting started.

1Do I need to understand cryptocurrency to use Flip Hop?
2How does a round work — from start to finish?
3How much does it cost to play, and what’s the prize?
4Do I need to create an account or password?
5How do I deposit money on the platform?
6Does Flip Hop charge deposit or withdrawal fees?
7How do I know the drawing is fair and wasn’t rigged?
8When and how can I withdraw my prize or balance?
9What is the affiliate program and how does it work?
10What happens if I don’t win — does my money disappear?
1Do I need to understand cryptocurrency to use Flip Hop?   Getting Started
 No. Flip Hop was designed to work without the user needing to know what blockchain, a wallet, or USDC is. You can sign in with your Google account, deposit with a credit card, and join a round — all with no technical knowledge. The system automatically creates a wallet for you when you sign in with Google. If you want to understand the technology underneath, the educational posts on Flip Hop Flow explain each piece — but playing doesn’t require it.
2How does a round work — from start to finish?   Participation
 Each round lasts 24 hours and follows a simple logic: 
• You buy tickets ($5 each) throughout the day
• At 00:00 UTC the round closes — new tickets are no longer accepted
• If at least 5 unique wallets took part, the drawing happens automatically via Chainlink VRF
• If fewer than 5 wallets took part, the round is pushed to the next day (rollover)
• The winner receives 60% of the pool. They can withdraw at any time — with no expiration date.
3How much does it cost to play, and what’s the prize?   Participation
 Each ticket costs $5 in USDC. You can buy as many as you want (limit of 1,000 per purchase) — the more tickets, the larger your proportional share in the drawing. 
The prize for each round is 60% of the net pool (total tickets × $5, minus affiliate commissions).
The other 30% goes to the platform and 10% carries over as rollover to the next round. 
Example: a round with 40 tickets sold → a $200 pool → a prize of ~$120 (60%). Each ticket you buy represents 1 chance of being the one selected.
4Do I need to create an account with an email and password?   Account
 No. Flip Hop uses modern login methods — you can sign in with your Google account in one click. When you do, a blockchain wallet is automatically created for you in the background (via Privy), without you needing to manage keys or recovery phrases. If you prefer, you can also connect your own Web3 wallet (MetaMask, Coinbase Wallet, Trust Wallet, etc.). There’s no sign-up form with a password to create.
5How do I deposit money on the platform?   Deposits
 Two ways: 
• From an exchange (Binance, Coinbase, Mercado Bitcoin, etc.): send USDC to your Flip Hop deposit address. Important: always use the Base network. 

• From a Web3 wallet (MetaMask, Rabby, etc.): connect the wallet to the dashboard and transfer USDC directly.

Note: A bank account or card — coming soon 
6Does Flip Hop charge deposit or withdrawal fees?   Fees
 Flip Hop never charges deposit or withdrawal fees. The platform’s cost is built into how the pool is distributed (30% of the net pool goes to the platform — that’s already part of the 70% that isn’t your prize).  What can come up are external costs:
• Exchange withdrawal fee, if you send from there
• Blockchain network gas fee — usually less than $0.01 on Base  If any cost shows up in the process, it comes from your payment method, not from Flip Hop. The platform will always show the cost before you confirm.
7How do I know the drawing is fair and wasn’t rigged?   Transparency
 This is the right question to ask. Flip Hop uses Chainlink VRF — a cryptographic protocol that generates random numbers with verifiable mathematical proof.
This means: 
• No one knows the drawn number before it’s generated
• Each drawing comes with a proof that anyone can verify independently
• The Flip Hop contract verifies that proof before accepting the result — if the proof is invalid, the number is rejected
• Neither the Flip Hop team, nor Chainlink, nor blockchain miners can manipulate the result  You can verify any round on Basescan (basescan.org) by looking up the contract address and viewing the WinnerDeclared event with the requestId and randomWord for each drawing.
8When and how can I withdraw my prize or balance?   Withdrawals
 If you win a round, the prize stays available in your dashboard until you click “Claim Payout”. There’s no expiration date — you can let it accumulate.  After that, click “Withdraw” to transfer to:
• Your external wallet (MetaMask, Coinbase Wallet, etc.) — via blockchain, arriving in minutes.
• An exchange (Binance, Coinbase, Mercado Bitcoin) — you will need the exchange’s deposit address. From your exchange account, you can then send funds to your bank account.
• A bank account or card — coming soon. 
Flip Hop doesn’t charge a withdrawal fee. External provider or network costs may apply.
9What is the affiliate program and how does it work?   Affiliates
 After taking part in at least 1 round (by buying 1 ticket), you unlock a unique affiliate link in your dashboard. When someone signs up and buys tickets using your link, you earn $1 for every ticket they buy — forever (lifetime commission). 
To keep the link active: buy at least 1 ticket per week. If a week goes by with no purchase, the link is temporarily suspended — and no commission is generated during that period, even if your referrals are buying tickets. Once you start playing again, the link is automatically reactivated.  There’s no limit on referrals. You can withdraw commissions at any time.
10What happens if I don’t win — does my money disappear?   Rules
 No — but it’s important to understand what happens to it.  The value of your tickets is not refunded if you don’t win. That’s the pool model: the total of all tickets sold makes up the prize. If you weren’t the one selected, your money has already been distributed among the winner (60%), the platform (30%), and the next round’s rollover (10%).  Flip Hop is a digital entertainment platform with a pool structure — it works similarly to a lottery: you pay for the ticket, you play, and the outcome is random. There’s no guarantee of a return.  What doesn’t disappear: your USDC balance that hasn’t yet been converted into tickets stays in your account and can be withdrawn at any time. Only the value of the tickets you’ve bought is used in the round.

Before You Play for the First Time — Quick Checklist

This checklist resolves 90% of the questions that bring new users to support.
  • Do you have a Google email or Web3 wallet to sign in with? → without one, you can’t create an account
  • Do you have at least $5 available for your first ticket? → that’s the minimum to play
  • Do you understand that the ticket is non-refundable? → it’s an entertainment platform, not an investment
  • Do you know the difference between balance (USDC in your account) and a ticket (value already allocated to the round)? → balance can be withdrawn; a ticket cannot
  • Are you in a jurisdiction where Flip Hop is available? → some regions have restrictions — see fliphop.club/en/restricted-jurisdictions

Still Have Questions?

The full FAQ has 82 questions organized into 15 categories — covering everything from technical details to legal and compliance matters. Visit it at fliphop.club/en/faq.

For direct support: [email protected]

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