The latest BingX AMA featured an engaging conversation with Vivien Lin, Chief Product Officer, and Ether C., Head of Investment at BingX Labs. The session provided valuable insights into BingX’s recent developments, future plans, and exciting giveaways for participants.
Vivien opened the discussion by highlighting BingX’s significant recovery after a recent hot wallet incident. She assured the community that BingX has fully restored operations, with all deposits and withdrawals back to normal, apart from a few tokens with limited liquidity. To strengthen security, the platform has launched ‘ShieldX,’ a comprehensive security initiative that includes a robust wallet firewall and partnerships with leading security firms for 24/7 monitoring. Regular independent security audits and an upcoming hacker bounty program underscore BingX’s commitment to user protection and transparency.
The AMA also celebrated BingX’s recent accolade as the “Centralized Crypto Exchange of the Year” at Blockchain Life 2024. Vivien attributed this recognition to BingX’s user-centric approach, particularly its focus on intuitive trading tools, responsive customer support, and innovative features like 100% proof of reserves and the Merkle Tree Verifier for real-time monitoring of assets. This award highlights BingX’s dedication to creating a secure and accessible trading environment, fostering confidence among both novice and experienced traders.
Vivien went on to discuss BingX’s active participation in global crypto events, emphasizing the platform’s presence at TOKEN2049 in Singapore, Blockchain Life in Dubai, and LaBitConf in Argentina. These events have enabled BingX to connect with its international user base and showcase its latest innovations. Looking ahead, BingX aims to expand in emerging markets, with a focus on enhancing user experience, refining trading tools, and introducing new features like the multi-asset mode for perpetual trading. This new functionality allows users to use various digital assets like Bitcoin, Ethereum, and USDT as margin, improving flexibility and capital efficiency.
Ether C. then took the stage to provide insights into BingX Labs’ investment strategy. He emphasized the importance of selecting projects with strong user acquisition potential and innovative technical solutions. BingX Labs is particularly focused on projects that align with current market trends and BingX’s vision for bridging CeFi and DeFi. The session also touched on the platform’s future focus on ecosystem growth and public chain synergy.
The AMA concluded with a special giveaway where participants had the chance to win prizes such as a ski set, BingX gift boxes, and thermos bottles. The winners were disclosed at the end of the AMA while Vivien and Ether wrapped up the session by expressing gratitude to the community for their continued support. The AMA was a testament to BingX’s resilience, innovation, and commitment to providing a secure and user-friendly trading platform. The platform’s recent achievements and future plans reflect its dedication to empowering users in the evolving crypto landscape.
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