BingX Blog

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

BingX Charity Partners with Whale and Dolphin Conservation

BingX Charity, the philanthropic arm of global leading crypto exchange BingX, is incredibly excited to announce its significant move towards environmental stewardship. This new initiative will kick off with a partnership with Whale and Dolphin Conservation (also known as WDC), a non-profit organization and esteemed charity dedicated to protecting whales and dolphins with a focus on ending captivity, stopping whaling, and creating safe seas. Founded in 1987, WDC is committed to creating a world where every whale and dolphin is safe and free. This is not only a noble gesture, but an essential means to sustain the future of earth by increasing the planet’s climate resiliency. It works to protect whales and dolphins from the many threats they face through campaigns, scientific research, advising governments, conservation projects, field research, and educational outreach. This collaboration unites BingX and WDC in a multi-faceted approach to ensure the long-term survival of whales an
3 min

BingX Charity Responds to Hurricane Otis in Mexico

BingX Charity, the philanthropic arm of the global leading crypto exchange BingX, announced a donation of basic necessities to help communities in Acapulco, Guerrero, and surrounding areas in Mexico that have been affected by Hurricane Otis. In swift response to this unprecedented natural disaster, BingX joined hands with its local team to support relief and recovery efforts. Hurricane Otis became the strongest storm in recorded history to strike the Pacific coast of Mexico. This Category 5 hurricane made landfall near Acapulco, where its heavy rain and strong winds unleashed massive landslides and knocked out power lines. Otis, which has left a trail of destruction on its path, has resulted in urgent food, water, and shelter needs for thousands of Acapulco residents affected by this catastrophe. BingX has taken the initiative to contribute to the recovery of local communities. In the wake of this natural hazard, BingX has taken a hands-on approach by actively engaging in the procureme
3 min

PYUSD's Impact on Financial Inclusion

PayPal recently unveiled PYUSD, a groundbreaking stablecoin that offers a digital alternative tied to the value of the US dollar, always equal to $1.    The stablecoin has already sent shockwaves through the crypto industry and is already stealing the interest of mainstream financial users. Built upon the Ethereum blockchain, PYUSD provides a means to send and receive payments globally, boasting minimal fees and rapid transaction speeds.   In this article, we will discuss why PYUSD has an impact on financial inclusion, and why it has already become a big topic in the industry, competing with popular and older stablecoins.   Why PYUSD Matters: The significance of PYUSD lies in its distinction as the maiden stablecoin launched by a major financial services company. With a global user base exceeding 440 million, PayPal’s seal of approval adds a layer of trust and credibility that sets PYUSD apart. Consequently, it has the potential to captivate a broad spectrum of con
6 min

BingX Rebranded: Your Trust, Our Priority

The famous American novelist and journalist Ernest Hemingway once said that “the best way to find out if you can trust somebody is to trust them”. At BingX, we take it seriously when a person decides to trust us because we understand how hard it is to earn trust. And that is how we build ourselves, putting trust as one of our most important and caring values. Trust is one of the paradigms of the crypto world and, moreover, of the whole blockchain landscape. The term ‘trust’ is mentioned 14 times in the Bitcoin whitepaper, solidifying its status as a foundational element. Trust is important in two directions in the blockchain and crypto world: companies must deliver robust and reliable products, and users must feel confident entrusting their investments and resources. This commitment to trust at BingX is not merely symbolic. We are facing a rebranding that means a new phase dedicated to enhancing the users’ experience and fostering empowerment. Our new tagl
3 min

BingX Upgrades VIP Club for Elevated User Experience

BingX, a global leading cryptocurrency exchange, is excited to unveil its revamped VIP Club, introducing a spectrum of exclusive benefits and unprecedented perks to its user community. This comprehensive upgrade is crafted to empower BingX users with an all-encompassing suite of incentives. The BingX VIP Club serves as a testament to the platform’s dedication to user-centric excellence, offering users a path to elevate their trading experience through exclusive rewards and privileges. The innovative VIP system, consisting of six levels based on essential metrics such as 30-day spot trading volume, 30-day futures trading volume, and the asset value of the previous day, ensures a smooth progression to higher VIP levels for users meeting the minimum criteria in any of these dimensions. BingX VIP members are treated to an array of exclusive perks aligned with their VIP level. All VIP members benefit from an industry-leading fee structure, along with complimentary access to BingX&#821
3 min

BingX Sponsors 2023 Taipei Blockchain Week for Two Consecutive Years

BingX, a leading cryptocurrency exchange, announced that it will become the sponsor of Taipei Blockchain Week for the second time in 2023. This year, it will be supported by the exchange’s title sponsor. This is BingX’s continued support area and an important measure for the development of blockchain technology. The event will be held at Songshan Cultural and Creative Park and Taipei Cultural and Creative Industries from December 11 to December 16, providing an excellent platform for blockchain enthusiasts, developers, entrepreneurs, and industry leaders to learn and communicate. One of the highlights of this year is the cooperation between Taipei Blockchain Week 2023 and the Digital Employment Gold Card. For example, Ethereum founder “Buterin” Vitalik is one of the partners. In addition, this year’s Taipei Blockchain Week is expected to have more than 50 related activities, hosted by different partners in Taipei, filling the entire city with blockchain enthusia
4 min

BingX Launches Global Broker Program to Boost Trading Ecosystem

BingX, a global leading crypto exchange, launches its latest initiative BingX Global Broker Program, aiming to enhance and diversify service offerings within the dynamic blockchain industry. Open to cryptocurrency brokers globally, the program offers the chance to earn commissions through trading on BingX’s Perpetual Futures and Spot markets. Brokers participating in the program will see rewards structure based on their trading volume and fees generated on BingX, with additional bonuses for successful referrals who complete the broker onboarding process. Brokers involved in the BingX Broker Program will enjoy several advantages, including up to 55% in trading commissions, daily settlements, and other financial incentives. BingX also offers specialized API support tailored to individual needs, including rate limits and other exclusive services. Additionally, the company provides round-the-clock support, ensuring brokers have continuous assistance for any queries or technical guida
2 min

BingX Reaffirms its Commitment to Latin America in Cancun

BingX, one of the leading global cryptocurrency exchanges, reinforced its commitment to its users and the Spanish-speaking community through two significant events. It recently hosted the exclusive BingX Leaders: Cancun, where opinion leaders and BingX users enjoyed unique experiences in Cancun, Mexico. Additionally, the company had a prominent presence at the BDZ Web3 & Blockchain event in Spain. At the core of BingX’s priorities lies its users. With this in mind, the company organized BingX Leaders: Cancun, an exclusive event attended by television industry personalities and BingX users. Participants were invited to travel to Cancun, indulging in a luxurious resort in the Caribbean city, enjoying its amenities, and partaking in activities tailored by BingX.   BingX focused on delivering a unique experience to attendees. Activities included jeep caravans, beach outings, sailing adventures, ice immersion baths, meditation sessions, and dinners at luxurious locales. All
3 min

BingX Appoints Vivien Lin as Chief Product Officer to Elevate User Experience

BingX, a global leading cryptocurrency exchange, announced the appointment of Vivien Lin as its Chief Product Officer. This strategic decision underscores BingX’s commitment to empowering crypto traders with continuous breakthroughs in its products and services. Vivien Lin will also take the role of Global Spokesperson of BingX, fostering transparent communication and strengthening its connection with global crypto communities. Vivien’s background in trading, product management, and market development spans nearly a decade, with a focus on forex and equity derivative products, through key roles at reputable institutions such as Morgan Stanley, BNP Paribas, and Deutsche Bank. Additionally, Vivien has years of experience in well-known crypto exchanges as leaders of financial products, risk management, and new product development, along with a deep understanding of product life cycle and go-to-market strategy. As Chief Product Officer, Vivien Lin will play a pivotal role in st
3 min

BingX Wealth Enables USDT Savings as Futures Margin

BingX, a global leading crypto exchange, has announced a groundbreaking innovation that allows its users to use their BingX Wealth savings as margins for futures trading. This move enables BingX users to optimize their futures positions while enjoying the dual benefits of active trading and prudent financial management. With this new feature, BingX users can leverage their USDT savings, whether in flexible or fixed-term accounts, as margins in futures trading. A key advantage of this development is the continued accrual of interest on these savings, even when experiencing floating losses from futures positions. It’s noteworthy that this functionality is currently exclusive to perpetual futures trading. BingX smartly determines the maximum amount of savings that can be used as margin, giving priority to those in longer terms to ensure flexibility. BingX applies a 100% financing rate for eligible wealth products, markedly higher than the average market rate. BingX users can expect
3 min

Top 5 European Union Countries with the Greatest Cryptocurrency Enthusiasm

Cryptocurrency adoption in the European Union has been steadily increasing, with many countries experiencing significant growth in their crypto markets. Many EU countries have seen impressive growth rates in their crypto markets, with Ukraine leading the pack with a high 16.3% adoption rate. The growth of the crypto market in the EU is a promising sign for the future of cryptocurrency, as more and more people are embracing this new asset class.  In this blog post, we will explore the top 5 most enthusiastic countries in the EU and the factors that have contributed to the high adoption rates in these countries.   The Current State of Cryptocurrency Adoption in Europe Cryptocurrency adoption across Europe has grown significantly over the past year. According to Chainalysis’ 2023 Global Crypto Adoption Index, Western Europe saw adoption increase 41% from 2021 to 2022. Young Europeans in particular are helping drive adoption, as they show higher rates of crypto ownership compare
8 min

BingX Unveils Fee Adjustments and Enhanced VIP Program

BingX, a leading global cryptocurrency exchange, is excited to announce a major enhancement to its user experience. As part of its ongoing commitment to providing a better trading environment, BingX will adjust trading fees for perpetual futures and make its VIP program more profitable for all users.   In response to feedback from its vibrant community of users, BingX has restructured its fee system to lower overall trading costs. These fee adjustments apply to both market takers and makers, ensuring that all BingX users can enjoy competitive trading fees in the market. The fee reductions are set to make trading on BingX even more attractive, especially for high-frequency and active traders.   Additionally, BingX has expanded its VIP program, offering its users an opportunity to unlock a wider range of exclusive benefits. BingX introduces the Supreme VIP, attainable by users who reach a specific trading volume threshold. This new VIP program provides more users with access to
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