- Set to launch USDC-margined futures trading
- Introducing Launchpad and Launchpool for token
sales
- Expanding into Turkey,
Vietnam, and Argentina, backed by localized support and
dedicated teams
- Plans documentary with Whale and Dolphin Conservation and a
renowned video platform to raise awareness on animal
protection.
VILNIUS, Lithuania,
May 20, 2024 /PRNewswire/ -- BingX, a
leading cryptocurrency exchange, today announced its ambitious
global expansion strategy "ExpansionX" during its sixth anniversary
celebration on May 20. Under the
theme "Amazing Six," the exchange marks this milestone with a grand
13 million USDT prize pool.
Now supporting 18 languages and a global user base of 10
million, BingX has solidified its leadership with a remarkable
growth in perpetual futures trading volume and 750 tokens listed on
its spot trading platform. The "ExpansionX" initiative aims to
broaden BingX's footprint across more fields, further establishing
its presence in the cryptocurrency industry.
Diverse Product Offerings and Technological
Innovation:
BingX's success hinges on its unwavering commitment to
continuous innovation and product diversification, catering to the
evolving needs of crypto enthusiasts and traders worldwide.
Offering a diverse range of products, BingX empowers users with
flexibility and choice in managing digital assets.
Guided by a user-centric philosophy, BingX systematically and
comprehensively develops its products and services. To enhance
capital efficiency, BingX will introduce USDC-margined futures
trading and expand the range of assets used as trading margins,
alongside updates in coin-margined futures trading.
In spot trading, BingX will launch Launchpad and Launchpool,
enabling participation in attractive token sales and access to
high-quality, rigorously vetted projects. For wealth management,
BingX will offer loan services, allowing users to pledge tokens for
collateralized loans at competitive rates. The platform will also
expand its structured product offerings to include dual currency
notes, accumulators/decumulators, and snowball products, providing
diverse investment options.
Additionally, BingX plans to provide access to top crypto asset
managers, bringing institutional-quality asset management
capabilities to its users.
Brand Recognition and Corporate Social
Responsibility:
BingX remains committed to corporate social responsibility,
supporting charitable causes, disaster relief, environmental
conservation, and community projects worldwide. In the latter half
of 2024, BingX plans to further its community contributions.
Collaborating with Whale and Dolphin Conservation and a renowned
video platform, BingX will produce a documentary to raise awareness
about the cruelty of captivity and promote animal protection.
Starting as the first crypto social trading platform, BingX has
grown into a leading global crypto exchange, always prioritizing
its users and upgrading services to meet evolving objectives.
Engaging actively in industry events and regional activities, BingX
fosters community engagement and promotes global crypto adoption
through blockchain conferences, sponsorships, and educational
seminars.
Global Footprints and Strategic Partnerships:
As 2024 witnesses its expansion into markets such as
Turkey, Vietnam, and Argentina, BingX prioritizes localization by
identifying and developing products and campaigns specifically
tailored for local markets, supported by a dedicated team with
local expertise. Through strategic partnerships and alliances with
cross-border players such as Chelsea Football Club and two UFC
champion fighters, BingX has spread cross-border influence and
established a formidable presence in key markets across continents,
providing millions of users with access to cutting-edge trading
solutions and unparalleled market opportunities. Looking ahead,
BingX is committed to further expanding its partnerships reach to
enhance global presence and impact.
Vivien Lin, Chief Product Officer
of BingX, expressed her excitement and gratitude: "As we reflect
on the past six years and look towards the future, our commitment
to excellence and innovation remains unwavering. Together with our
BingX community and partners, we will continue to push the
boundaries of what's possible in the crypto industry, setting new
milestones and driving positive change. Thanks for being part of
our journey, and we are ready to achieve new heights together in
2024 and beyond."
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving
over 10 million users worldwide. BingX offers diversified products
and services, including spot, derivatives, copy trading, and asset
management – all designed for the evolving needs of users, from
beginners to professionals. BingX is committed to providing a
trustworthy platform that empowers users with innovative tools and
features to elevate their trading proficiency. In 2024, BingX
proudly became Chelsea FC's principal partner, marking an exciting
debut in the world of sports.
For more information please visit: https://bingx.com/
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