USDC-based contract trading set to launch, along with Launchpad and Launchpool
Business expansion to include Turkey, Vietnam, and Argentina, with local support teams
Plans to collaborate with the Whale and Dolphin Conservation Society and Netflix on a documentary to raise awareness for animal protection
May 20, 2024—Leading cryptocurrency exchange BingX celebrates its 6th anniversary with the announcement of its global expansion strategy, “ExpansionX.” Under the theme “Amazing Six,” BingX launches a massive prize pool of 13 million USDT to celebrate this significant milestone.
BingX currently supports 18 languages and has over 10 million global users. Perpetual contract trading volume has seen a significant increase, with over 750 tokens available for spot trading. The “ExpansionX” plan aims to further solidify BingX’s leading position in the cryptocurrency industry by entering new markets and expanding its footprint.
Product diversification and technological innovation
BingX’s success stems from its firm commitment to continuous innovation and product diversification to meet the evolving needs of global cryptocurrency enthusiasts and traders. BingX offers a wide range of products to help users manage their digital assets more flexibly.
With a user-centric approach, BingX has systematically developed its product services. To help users maximize their capital utilization, BingX will introduce USDC-based contract trading to expand the range of currencies available for margin trading, while also updating its entire currency-based contract trading service.
In terms of spot trading, BingX will launch Launchpad and Launchpool, allowing users to participate in hot coin trading and gain access to rigorously vetted high-quality projects. In the wealth management aspect, BingX will provide staking services to assist users in low-interest token lending. To offer diversified investment options, the platform will also expand its structured products to include dual-currency investments, accumulative options/put options, and snowball products.
Furthermore, BingX plans to offer top-level cryptocurrency asset management services, bringing institutional-level asset management capabilities to users.
Brand influence and corporate social responsibility:
BingX is committed to fulfilling its corporate social responsibility by supporting charitable causes, disaster relief, environmental protection, and community welfare projects worldwide. In the second half of 2024, BingX is preparing to collaborate with the Whale and Dolphin Conservation Society and Netflix on a documentary to raise awareness about the cruel practice of captive whale and dolphin breeding, thus promoting animal protection.
From being the world’s first cryptocurrency social trading platform to becoming a leading comprehensive cryptocurrency exchange, BingX has always prioritized its users and continuously upgraded its platform products and services based on their evolving needs. BingX actively participates in industry and regional events, promoting community engagement and driving the global adoption of cryptocurrencies through blockchain conferences, sponsorships, and educational seminars.
Global expansion and strategic partnerships:
As BingX expands into markets such as Turkey, Vietnam, and Argentina in 2024, it continues to strengthen its localization efforts by identifying and developing products and activities specifically tailored to these local markets with the support of local professional teams. Through cross-industry strategic partnerships with Chelsea Football Club and UFC champion boxers, BingX has expanded its cross-industry influence and enhanced brand visibility in major markets across continents, providing millions of users with top-tier trading solutions and excellent market opportunities. Looking ahead, BingX will further expand its partnership network and continue to deepen its global influence.
Vivien Lin, Chief Product Officer of BingX, expressed excitement and gratitude:
About BingX
Founded in 2018, BingX is a leading global cryptocurrency exchange that provides diversified products and services, including spot, derivatives, copy trading, and asset management, to over 10 million users worldwide, catering to different levels of expertise from beginners to professionals. BingX is committed to offering a trusted platform that empowers users with innovative tools and functionalities to enhance their trading abilities. In 2024, BingX proudly became the official partner of Chelsea Football Club, marking its first exciting foray into the sports world.
This article is an official content provided by BingX and does not represent the views or investment advice of this platform. Readers are advised to conduct their own thorough evaluation.
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