BingX Blog

Your go-to source for BingX stories, company news, and product updates.

BingX Expands its Footprint into Germany

Join the Trading  Community : Learn & Earn with BingX. BingX, the leading social trading exchange offering USDC futures, has announced its expansion of operations into Germany. This follows the opening of its Lithuania office in April. Germany was the first country to adopt a blockchain strategy, paving the way for the advancement of blockchain technology, Web3 and metaverse applications in various sectors. This penetration and rapid growth in adoption has not gone unnoticed. As of 2021, approximately 2.6% of Germans have used or are using cryptocurrency and 44% of Germans are interested to invest in crypto. BingX will add resources to support its new German users, enabling them to buy, sell and trade cryptocurrencies on the BingX platform. Also, the team will be working on adding German, the native language of the country, to the platform. “Considering the growing adoption in Germany, BingX has decided to strategically expand into this market and support users in making crypto tra
4 min

BingX Launches Futures Grid Trading

BingX is excited to announce the launch of our Futures Grid Trading, following our introduction of Spot Grid Copy Trading back in March. As its name implies, the Futures Grid Trading feature combines grid trading and futures trading, which can bring grid profit for users. Grid Trading is a quantitative trading strategy that automates the buying and selling of digital assets at preset intervals around a preset price range to build trading grids. These trading grids help investors rake in money like a fish net – through executing low-buy and high-sell orders during price volatility, the system ensures profit every time the selling price exceeds the buying price, thus eliminating the need to forecast the market. On top of that, futures grid trading allows traders to use leverage to maximise the profit. Compared with other platforms, BingX provides users with more flexibility by lowering the minimum investment amount. Traders could try futures grid trading with 20USD and see how it a
3 min

BingX Launches Version 3.4 Update with Premium Features and Trading Tools for Traders at Every Level

Join the Trading Community : Learn & Earn with BingX.   Crypto social trading exchange BingX has launched its version 3.4 for iOS, Android and PC today. This new update is packed with premium features and optimised trading tools for both new and experienced traders.   BingX is focused on making crypto trading easy and has placed innovation at the core of its development. The latest version upgrades features such as multi-chart views, detailed data points, risk ratings, popular and conservative trader lists while fixing issues like copy and grid asset views. BingX Version 3.4 Updates Social trading on BingX allows users to observe other traders and follow or execute the strategies of these more experienced users. This help maximise one’s own trading potential with a little help from someone more experienced.   With the latest introduction of multi-charts view and the fixing of copy and grid asset views, BingX traders can now view multiple currencies on the same
5 min

BingX Concludes its 4th Anniversary Celebrations And Announces The Grand Winners

Join the Trading Community: Learn & Earn with BingX. After an intense month of competition, our BingX 4th anniversary tournament has come to an end! We would like to thank each and every one who participated in our month-long contest. As a recap, our contest started on 20 May 2022 and over the next 3 weeks, traders battled it out to be the top 90 users and 100 most popular users on the hot list made it to the grand finals. It was a tense final week that saw the remaining traders compete on these 2 fronts. We are delighted to announce the winners of this year’s tournament. Once again, congratulations to all our winners and here’s to many more years of celebrations with BingX, the world’s leading social trading platform. About BingX Founded in 2018, BingX has grown to become the world’s leading social trading platform. It is global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric and open ecosystem with intuitive social tradi
2 min

All you need to know about BingX Version 3.3 Upgrade

Join the Trading Community: Learn & Earn with BingX. Crypto social trading exchange BingX is delighted to release its latest version 3.3 update, optimising their copy-trading service to further empower its traders. BingX is always creating a user-centric experience for its users. With the new upgraded features such as added data charts, risk ratings, popular and conservative trader lists, crypto trading is definitely made easy. Here’s what’s new in the latest version: Popular Trader List This new display features the trader that has the most number of followers. Traders can attract followers by managing their share trading account via: holding a minimum fund of 500 USDT in their share trading account, setting a nickname and avatar, relatively steady trading records, interacting with followers on Feed, applying for platform resources. New traders can refer to this list, which presents the choices of most users after evaluation and can help identify high-quality traders with goo
4 min

BingX Enables Fractional NFT Trading on its Platform

Join the Trading Community: Learn & Earn with BingX. Crypto social trading exchange BingX is thrilled to launch its fractional NFT trading feature on its platform. This comes after the success of its inaugural NFT crowd subscription project back in April. Previously, the platform has successfully subscribed for MAYC#15186, Otherdeed#99961, and airdropped Otherdeed#14996 for MAYC# holders through the blue-chip NFT fragment subscription activity. Holders are now able to freely buy, sell and trade the shards of these 3 NFTs on the BingX platform, lowering the threshold for everyone to participate in the NFT market, helping everyone to capture the market fluctuations of blue-chip NFTs with small funds.   NFT details: MAYC#15186 This NFT has a total of 1000 shards. Otherdeed #99961 The NFT has a total of 200 shards. Otherdeed #14996 This NFT has a total of 1000 shards.   How to conduct shard transactions? Open your BingX app, go to homepage and click on NFT Enter the NF
3 min

BingX – The World's Leading Social Trading Platform

BingX is a worldwide derivatives trading exchange and digital asset that offers a public ecosystem with instinctive social trading features. The company has offices in Canada, Hong Kong, the United States, Australia, and Taiwan. BingX was developed to enrich the cryptocurrency industry. It offers a secure, user-friendly, and reliable platform for participants to trade their best assets like AXs, DAO, Cosmos, and Chilliz. BingX credits itself with complying with standard regulatory practices across the board. Acquiring the Canadian and US licenses is a big leap for BingX, meaning they can now access the mainstream market being a completely compliant institution. BingX is the first marketplace to bring together high-quality traders and regular traders. BingX’s cutting-edge copy trading tool has benefited more than 20,000 copy traders, with a total of 5,000 daily traders. What sets BingX apart from other trading platforms Joining the BingX community gives you access to a multitude
4 min

BingX Launches its C2C Merchants Payment Feature for Easier Deposits of Fiat Currency

Join the Trading Community: Learn & Earn with BingX. Crypto social trading exchange BingX is excited to announce the launch of its Global C2C Merchants Payment feature to make it more convenient for users to deposit fiat currencies to trade cryptocurrencies. BingX will open TWD and USD fiat currencies first, with plans to launch EUR, VND, RUB, IDR, MXN, PHP, JPY, GBP and other fiat currencies in succession. To celebrate the launch of this initiative, traders will enjoy zero handling fees on all their transactions and exciting discounts upcoming in the month of June. Global merchants are also invited to be a part of BingX’s network, with early bird rewards and gifts for those who enter. “With this new feature, we hope to expand our list of merchants globally while simplifying the trading process in ways unimaginable for our community of users. As we continue to expand our network and market of services, we will continue launch innovative products that offer value but keep user
2 min

BingX launches its 2nd financial management product on the back of strong demand

Join the Trading Community: Learn & Earn with BingX. Social trading platform BingX is excited to launch another 7-day USDT Earn. Phase 2 of this product will have a limited-time offer starting 31st May 2022. The inaugural launch of this series of financial management product under BingX Earn was very well-received and the 18% APY offer was fully subscribed as many users sought a safer and more reliable way to gain value for their digital assets. With rising demand from our community, the latest 7-day USDT Earn offers BingX users the chance to earn 12% APY. “Given the market volatility, it is only fitting that we adjust accordingly to meet the changes and market demands. We’ve seen our first 7-day USDT Earn launch perform exceptionally well, given that it is relatively more reliable and trusted as a store of value. On the back of this strong demand, sought to fulfil our users’ by launching our second 7-day USDT Earn,” said Elvisco Carrington, Global Communications & PR Direc
3 min

BingX Launches USDC-Margined Perpetual Futures for its Users

Join the Trading Community : Learn & Earn with BingX. Social trading platform BingX is pleased to launch its USDC-margined perpetual futures. This new product will allow users to trade using their USDC balance on BingX’s derivatives exchange. Using Bitcoin as an example, traders will be able to place an order based on the quantity of bitcoin and trade with USDC. This new perpetual futures joins other existing offerings on BingX’s trading platform. “Given the current circumstances, everyone is worried about the volatility of the USDT so it is only fitting that we adjust accordingly to meet the changes and market demands. Over the past week, we’ve been listening to the cries of users and have sought to answer their prayers by launching our USDC-margined perpetual futures, which is relatively more reliable and trusted. BingX will continue to add more value through its new innovative products” said  Elvisco Carrington, Global Communications & PR Director at BingX.  Most recen
2 min

BingX Revolutionises Blue Chip NFT Investing Through Crowd Subscription

Join the Trading Community: Learn & Earn with BingX. The NFT market is all the rage right now. From BAYC, MAYC and AZUKI – think apes and beans – these digital assets are being transacted for millions of dollars. Unfortunately, the capital threshold for ordinary investors to get into blue-chip NFTs is too high. BingX, the world’s leading social trading platform, is excited to launch its inaugural NFT crowd subscription project. This project enables our users to participate and own a fragment of blue-chip NFT through the power of the community. The launch of this innovative product on 29 April 2022 in the CEX platform will bring better liquidity to the overall NFT market, while lowering the barriers to entry for our users. The project will be open to our users for a period of 14 days and supports the USDT/ETH pairing. Here’s all you need to know about BingX’s latest offering: Why crowd subscription? As we all know, high-quality or well-known NFTs are often ve
6 min

BingX Releases its Latest Update: What’s New in Version 3.0

Join the Trading Community : Learn & Earn with BingX. As the world’s leading social trading platform, BingX is committed to a user-centric experience and is always looking to enhance our offerings. Introducing our latest version 3.0. Accessibility and user interface have been enhanced in our latest version, here’s what you can expect from this new update: Interface refresh Easy access to different functions such as wallet, copy orders, grid trading robots, currency deposits, and currency purchases. You can also find the latest events from our new event banner. Integration of spot and contract markets You can now easily view your favourite spot and contract markets simultaneously to be up to date with current market conditions. Increase orderbook display This enables investors and traders to understand the depth of currencies available on our trading platform. This can be accessed directly on the homepage, which is convenient for creating and viewing grid robots Added ba
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