BingX Blog

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

Эфириум завершает последний теневой форк

Подписывайся на наш канал в телеграме и будь в курсе всех новостей Новости крипто-рынка Исследовательская и инженерная компания Ethereum Nethermind подтвердила, что переход в Mainnet-Shadowfork-13 — последний теневой форк — прошло успешно, что указывает на то, что сеть готова перейти на механизм консенсуса Proof-of-Stake (PoS). Тестовые сети позволяют разработчикам Ethereum практиковать такие функции, как запуск nodes, развертывание контрактов и тестирование инфраструктуры. Таким образом, теневые форки позволяют разработчикам оценивать обновления сети до того, как они произойдут. В рамках обновления сообществу необходимо обновить клиент Ethereum и запустить комбинацию уровней исполнения и консенсуса. График биткойна от BingX Согласно Glassnode, общая стоимость депозитного контракта ETH 2.0 достигла 13 638 560 ETH. Биткойн вырос на 2,55% за последние 24 часа и поднялся до внутридневного максимума в 22 494,42 доллара. Криптовалютный рынок и традиционный фондовый рынок выросли с 9 сентяб
2 min

Polygon Announces Avail Testnet

Join the Trading Community: Learn & Earn with BingX. Today’s Cryptocurrency Headline Polygon has announced that the Polygon Avail testnet is now live, with an updated version coming soon. According to Polygon, Avail’s block time is currently 20 seconds, and each block can hold about 2MB of data. Assuming an average transaction size of 250 bytes, each Polygon Avail block today can hold about 8400 transactions (420 transactions per second). Additionally, Avail can consistently fill blocks right up to the storage limit, and increase size as needed, which could bring the transaction volume up to 500,000 transactions per block (25,000 transactions per second). BingX’s Bitcoin Chart Source: TradingView & BingX Eurozone inflation surged to another record high in August, annual inflation across the bloc rose to 9.1% this month, up from 8.9% in July, according to the latest figures from Eurostat. Bitcoin is down 0.92% over the last 24 hours and fell to an intraday low of $19,869.17. The
3 min

BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries

BingX, the leading social trading exchange, announces the charitable arm with a fund of $10Million for humanitarian endeavours. The purpose of this fund is to be allocated to donations of charitable organisations, public welfare activities, and disaster relief in various regions of the world, etc. “There is no other technology with a steeper growth over the past years—or more potential to solve any conceivable problem—than that of cryptocurrency. We hope that our efforts in directly supporting humanitarian ventures can improve the efficiency of how we transfer value and how We can make financial systems more inclusive.” Elvisco Carrington, PR & Communications Director, BingX BingX has been actively exploring charitable pursuits since 2019. We are proud to have supported efforts in the reforestation in Turkey, blood donation and environmental protection in Asia, donation drives in Vietnam, as well as disaster relief efforts for Palawan, and Leyte. BingX spans across diverse markets
3 min

BingX joins in Coinfest Asia 2022

BingX, the leading crypto social exchange, recently participated in Coinfest Asia 2022, a sold-out industry event organised by Coinvestasi with a focus on the future of cryptocurrency and the web3 in Asia. Coinfest Asia aims to be a platform for crypto asset enthusiasts, industry leaders, and executives to come together and discuss to build the future of crypto assets and blockchain technology in Asia. The inaugural event was held at Café Del Mar Bali, Indonesia on 25 and 26 August. Run in a festival format, the 2-day event featured local and international speakers such as Vice Minister of Commerce Jerry Sambuaga, Oscar Darmawan CEO of Indodax, Jeth Soetoyo CEO of PINTU, David Tng from Tezos, Marouen Zelleg from Consensys, Sagar Sarbhai from Fireblocks and the Indonesian crypto project KunciCoin. BingX at Coinfest Asia 2022 Besides getting interesting information and new insights about crypto in Asia, participants also had the opportunity to do social networking and BingX was proud to
3 min

What is Demo Trading – Advantages and Disadvantages of Using Paper Trading

Join the Trading Community : Learn & Earn with BingX. As was briefly highlighted in the previous article about margin trading, trading is definitely a type of occupation that needs skill, practice, education, experience and much more. To help with that, most trading platforms or brokerages decided that they will allow their users, especially the new ones, to try their trading strategies with a method called demo trading. What is demo trading? Demo trading, also known as paper trading or market simulator, is an option for traders to use their chosen platform and trade on it without actually risking their money or capital. All of the trades are using fake capital provided by the platform, which means that the orders are not real. This also means that the orders do not affect the market as such. Thanks to paper trading, no matter which asset class or financial asset, aspiring traders can test the market without the fear of losing money right from the beginning. Paper trading essential
8 min

BingX Releases Version 3.11 Update

BingX, the leading social trading exchange, will be releasing its latest version 3.11 for Android and iOS. So what’s new in this update? First, there are new features in the Perpetual Futures order page and the professional contract ordering and order pages have been revised, further improving the trading experience. The page layout of the ordering page has been changed and the operation of opening long and short positions on the same screen is now supported. This new version also comes with updated support for new copy traders, where it allows them to follow experienced traders and observe their income to help users further determine whether to follow orders. Lastly, a new feature to set order take profit proportion when using fixed margin copy orders is now available. This allows copy traders to set their own take profit ratio when using BingX’s fixed margin copy trading. BingX continues to improve and innovate its trading platform to create a user-centric experience for its users. M
2 min

BingX Cares and Gives Back in Humanitarian Causes

BingX has been actively supporting charity organisations and lending a hand in disaster relief efforts since 2019. We are proud to have supported efforts in the reforestation in Turkey, blood donation and rubbish collection drives in Taiwan, food donation drives in Vietnam and disaster relief efforts for Palawan, Leyte and Ilo-ilo. Reforestation in Turkey BingX reforestation project, Turkey Across continents in Europe, BingX worked to combat climate change through revitalization of forests in Turkey. The BingX Carbon-free Afforestation Project saw the social trading exchange invest thousands of dollars to buy unused land and plant trees to replace those decimated by regional fires. Donation drives in Taiwan BingX blood donation, Taiwan Back in Asia, BingX volunteers also gave an arm and leg to charitable causes through a self-organised blood donation drive, as well as walking down districts and beaches to clear up rubbish. BingX beach clean-up, Taiwan BingX COVID-19 relief efforts, Tai
6 min

BingX Increases Global Workforce Despite Crypto Winter

BingX, the leading social trading exchange, is actively hiring for roles across its offices despite the current market downturn, with more than 200 positions looking to be filled globally. Among some the positions open are Corporate Communications Director, PR managers, Product Development, and Customer Service in Germany, South Korea, Turkey, Japan, Vietnam, and Spain. For comparison, since the beginning of Q2 2022, the crypto market has been on a downward trend and this has led many companies to either freeze hiring or worse, begin headcount reductions. For BingX, it has been steady growth and progress despite market volatility. The overall market sentiments have not deterred them enhancing its offerings and ensuring the ever-changing needs of its users are met. In fact, BingX is proud to have been one of the first cryptocurrency exchanges offering USDC futures and has reached over 3 million users worldwide. “BingX will accelerate its growth, even amidst such challenging times. We ha
2 min

What is Margin Trading – Key Phrases to Know, Advantages and Disadvantages

Join the Trading  Community : Learn & Earn with BingX. Trading cryptocurrencies is probably one of the most popular and entertaining ways for newcomers in this space. However, it is far from risk free. Trading as such is a proper job, which needs skills, experience, education and much more. Thus, jumping straight to the cryptocurrency world and starting trading without any previous experience is like playing a football match with professional footballers without any previous experience on the pitch. Many newcomers, unaware of what the implications of this decision are, even decide to go for margin trading in the cryptocurrency world . While it seems very promising at the first glance, if the trader does not have experience with trading, using margin can become extremely risky. Why? To answer this very simple, yet broad question of why margin trading can be very risky, let us first define what it is and how it works. What is the margin? Margin, in its simplest definition, is using b
11 min

What is Crypto Staking – PoS vs PoW, How to Start and Disadvantages

The world of cryptocurrencies has come a long way since the inception of Bitcoin. While at the beginning everything was connected to Bitcoin due to the invention of Proof-of-Work consensus mechanism, a few years later, different consensus mechanism protocols were created. One of them, and probably the most famous one right after the Proof-of-Work is called Proof-of-Stake. This consensus mechanism allows for staking of cryptocurrencies and varies from Proof-of-Work in several aspects, which will be talked about about more in the next few paragraphs. What is proof of stake? Proof-of-Stake, unlike Proof-of-Work consensus mechanism, does not need mining or extensive computational power to run the network. The PoS was designed in such a way that the holders of the coins, the stakers, are able to use their holdings to help secure the network solely by locking them in specialised pools in a process known as staking (Becker, 2021). This is allowed for thanks to staking pools, where the partici
11 min

BingX Releases Version 3.8 Update – All You Need to Know

Join the Trading Community: Learn & Earn with BingX. BingX, the leading social trading exchange offering USDC futures, is excited to release its latest version 3.8 for iOS and Android, improving the overall trader experience on the platform. One of the main features of this update is the support of price warning. Users can now set the warning price independently and receive a notification when the market price reaches their pre-set warning price. The frequency of warning price notification is divided into three tiers: only once, once every 24 hours and frequent early warning. At present, there are very few competing products on the market that have the option of “once in 24 hours”. In addition, the frequent early warning setting is only half of the average market frequency after being set in the background and will not bombard customers with repeated notifications when the market fluctuates. Furthermore, the early warning setting is divided into two distinct directions
2 min

BingX Sponsors Educational Crypto Seminar in Partnership with Vilarso and Boris Borbot

BingX has partnered Vilarso and Boris Borbot to hold an intensive educational seminar on all things cryptocurrency. Vilarso conducted this seminar in Sochi on 5 and 6 Aug 2022, sharing his ideas on trading principles, how to trade a trend and how to use market depth and the event is proudly sponsored by BingX, the leading social trading exchange. Vilarso is one of the many experienced traders on the BingX platform and has a large following on TradingView as well. He believes the team has a vision and a goal of crypto adoption and saw the struggle of the industry’s newcomers, yet to adopt a solution where “young” investors and traders don’t lose their capital and give up hope on crypto and blockchain. He also shared that the BingX platform delivers an exclusive experience of true social trading. A variety of filters and categories allows a user to select the right trader based on his behaviour and trading style, grid trading allows them to automate trading and ea
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