BingX Blog

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

BingX Partners with Copin.io to Elevate Trading Experience

VILNIUS, Mar. 13 2024 — BingX, a leading global cryptocurrency exchange, is pleased to announce a significant upgrade to its broker program through a strategic collaboration with Copin.io, a digital asset financial services platform. This collaboration is set to co-create premium derivative services and elevate the trading experiences of users to new heights. Copin.io introduces an innovative copy-trading solution tailored for the Web3 space, enabling users to discover, analyze, and replicate the strategies of on-chain traders from top crypto exchanges. By leveraging on-chain data from top exchanges, Copin.io aims to address market fragmentation and utilize this data for various applications, including copy trading, social trading platforms, and advanced trader data analysis tools. In this partnership, Copin.io will act as an independent broker for BingX, enhancing asset protection and providing users with access to BingX’s superior liquidity experience. Users can explore, analyz
3 min

How Crypto Impacts Global Trade

In the global trade landscape, cryptocurrencies and blockchain technology have emerged as game-changers, ushering in a new era of efficiency, transparency, and inclusivity. While some skeptics may still be adjusting their monocles, let’s dive into how crypto is shaking up the world of international commerce.   Cutting Through the Red Tape One of the primary perks of crypto in global trade is the reduction of bureaucratic red tape. Traditional cross-border transactions often involve a labyrinth of intermediaries, leading to delays and added costs.    Enter cryptocurrency. With its decentralized nature and smart contracts, transactions become faster and smoother. No more waiting for banks and clearinghouses to do the tango – crypto puts the power back in the hands of the traders.   Financial Inclusion on a Global Scale Crypto isn’t just for the suits on Wall Street; it’s a powerful tool for financial inclusion on a global scale. In many parts of the world
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BingX Launches 1M USDT SuperX Trading Competition Inspired by Football Partnership

BingX, a global leading exchange, and the new official sleeve partner of Chelsea Football Club, is excited to unveil the SuperX Futures Trading Competition, boasting a substantial 1 million USDT prize pool. This pioneering initiative, spawned from a synergistic partnership with the esteemed football club, is set to revolutionize the trading arena, infusing tactical ingenuity and endurance synonymous. BingX is poised to set a new precedent in the integration of crypto and sports through this dynamic competition. This competition encompasses both standard futures and perpetual futures trading, and invites all BingX users to engage individually and as part of a group. Upon successful registration, participants become eligible to compete and earn the coveted title of a SuperX Futures trader. The individual contest includes two separate challenges: yield ratio and trading volume, each with its own set of rewards. In the team competition, rankings will be determined based on the collective t
3 min

BingX Reflects on 2023: A Year of Growth, Innovation, and Recognition

As the curtains draw on the eventful year of 2023, the leading crypto exchange, BingX emerges as a beacon of resilience and growth, defying global uncertainties and industry turbulences. Throughout the year, BingX witnessed a remarkable ascent, with both trading volume and user base scaling new heights and marking its best performance since 2018. BingX experienced a whopping 250% year-on-year surge in trading volume and doubled its user base from 5 million to 10 million. Against a backdrop of subdued global economic growth, BingX showcased its ability to overcome challenges, recording impressive gains and achieving significant milestones. Alongside the overall market performance, technological innovation took center stage as BingX introduced groundbreaking features, including but not limited to zero-slippage in futures trading and USDT-savings as futures margin. These additions not only enhanced the user experience but also set new industry benchmarks. Meanwhile, the BingX VIP program
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BingX Partners with UFC Fighters Junyong Park and Da Woon Jung

In an exciting expansion into combat sports, the global leading cryptocurrency exchange BingX has announced a partnership with renowned Ultimate Fighting Championship (UFC) fighters Junyong Park and Da Woon Jung. This collaboration follows BingX’s recent partnership with Chelsea Football Club, marking another strategic move in the company’s diverse sponsorships. The partnership, inspired by BingX’s “Empowering Traders” and the fighters’ shared philosophy of “Make Your Own History”, seeks to bridge the dynamic worlds of cryptocurrency and the mixed martial arts world. The UFC, a leading mixed martial arts (MMA) organization, enjoys global recognition and is considered the pinnacle of the sport. Junyong Park, a South Korean mixed martial artist, is celebrated for his historic performance in the UFC Middleweight division, where he set the record for most head strikes in a single fight. Da Woon Jung, also from South Korea, is the former HEAT
4 min

BingX Wins TradingView Best Crypto Exchange 2023

BingX, a global leading crypto exchange, has been awarded Best Crypto Broker/Exchange for three consecutive years at the 2023 TradingView Broker Awards, scoring an impressive 4.9 out of 5. This accolade reflects the opinions and reviews of TradingView’s user base, supplemented by TradingView’s analysis of various aspects such as user engagement, performance metrics, and platform reliability. TradingView, a widely recognized market analysis tool, offers sophisticated financial visualization resources and detailed market insights. It serves a global community of over 50 million traders and investors monthly, providing a platform for market opportunity identification. The TradingView Broker Awards are a competitive arena for leading financial service providers to demonstrate their brokerage prowess on a global scale. BingX’s exceptional performance over the past year has earned them this distinguished recognition from TradingView. Throughout 2023, BingX celebrated pivota
3 min

BingX Sponsors CoinGecko's 2023 Annual Crypto Industry Report To Empower Traders

In the detailed Crypto Industry Report for 2023, prepared by CoinGecko, we explore various aspects, including the crypto market overview, a detailed analysis of Bitcoin and Ethereum, a thorough examination of decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and an assessment of the performance of both centralized exchanges (CEX) and decentralized exchanges (DEX).   With 52 slides, there is something for every trader.In 2023, the cryptocurrency market experienced significant expansion, surpassing a doubling of its total market capitalization from $832 billion at the start of the year. The notable growth was chiefly propelled by the remarkable resurgence of Bitcoin, which saw a 2.6x increase. Following the challenges and stagnation of 2022, 2023 emerged as a resilient year of recovery for the cryptocurrency industry. CoinGecko has identified the top 6 highlights of the 2023 Crypto Industry Report. Total crypto market capitalization rose +108.1% in 2023, from $8
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BingX Sponsors Cointelegraph’s 2024 Institutional Bitcoin Report To Expand Industry Knowledge

BingX is proud to dive into the world of institutional Bitcoin adoption by sponsoring and contributing to Cointelegraph’s latest research report, The Case for Bitcoin in an Institutional Portfolio. This has been an incredibly popular topic globally since the U.S. Securities and Exchange Commission approved rule changes allowing the creation of bitcoin exchange-traded funds in the United States. The Case for Bitcoin in an Institutional Portfolio represents a joint initiative by Cointelegraph Research and the Crypto Research Report. This collaborative effort delves into integrating Bitcoin (BTC) into conventional investment approaches for institutional investors. The report thoroughly examines Bitcoin’s historical performance, its strategic importance, and the influential factors propelling institutional adoption. It also discusses the challenges and opportunities of incorporating this digital asset into institutional portfolios. The report explores the unique market behavior of Bi
4 min

BingX Visits Chelsea Football Club to Kick Off Partnership

English Premier League Club Chelsea Football Club announced BingX as their new Official Crypto Exchange and Sleeve Partner in London on Friday, January 5th, 2024. The following day, Chelsea faced Preston North End FC for the 3rd round of the FA Cup with BingX logo on their sleeve. The club from London won 4-0 and advanced to the next round of the competition. After Chelsea’s first match with the new sponsor on their sleeves, the partnership between the club and BingX was formally presented in London the following week. Vivien Lin, Chief Product Officer, and Pablo Monti, Brand Ambassador, traveled to London to start the relationship between the two organizations. BingX representatives joined Chelsea’s CEO, Chris Jurasek, and Chief Revenue Officer, Casper Stylsvig, for the presentation. Men’s team manager Mauricio Pochettino also attended the projection of the announcement video on Stamford Bridge’s playing field itself. The video was published later on Chelsea&#8
3 min

BingX Reveals Advanced Features for Futures Trading

BingX, a global leading crypto exchange, has announced its comprehensive update to its futures trading, offering a transformative trading experience that combines strategic control, flexibility, and risk management tools. A highlight of these updates is Trigger Reverse feature, a groundbreaking tool that changes the way crypto traders react to market fluctuations. It allows BingX users to automatically switch positions when certain criteria are met. By setting a trigger price among last price, mark price, or index price options, BingX users can easily close their existing position at the market price while simultaneously opening an equivalent position in the opposite direction. The system can use the maximum margin available in cases of insufficient margin. This tool is designed for rapid response to market changes, enabling swift profit realization or loss reduction. Another one is One-Way Mode for BingX Perpetual Futures, offering BingX users an option to maintain positions in one di
3 min

BingX Announces Diamond Sponsorship for Web3 Career Innovation Unitour in Vietnam

BingX, a leading crypto exchange and a pioneer in Web3 and Blockchain technologies, proudly spearheaded ‘Web3 Career Innovation,’ a transformative event that brought together thousands of bright minds from leading universities in Ho Chi Minh City. In collaboration with HC Capital, the diamond sponsor of this extraordinary gathering, BingX introduced the Web3 Career Innovation Series. This initiative is poised to revolutionize the tech education landscape across prestigious universities. With an estimated reach of up to 20,000 students, this groundbreaking series aims to immerse the next generation in the Web3 and Blockchain ecosystem. The event has successfully ignited the passion of young, aspiring individuals keen on exploring the modern financial technology industry. It spanned five esteemed universities in Ho Chi Minh City, including the University of Economics and Law (UEL), Ho Chi Minh City University of Banking (HUB), Hong Bang International University (HIU), Ho Chi
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BingX Educates University Students in Turkey on Cryptocurrency and Blockchain

BingX, a leading crypto exchange, takes a stride in enriching financial education by hosting the “Istanbul Financial Literacy” event for students at İstanbul Bilgi Üniversitesi. The objective of this groundbreaking educational event was to equip university students with essential knowledge of cryptocurrency, blockchain, and trading strategies.     BingX’s initiative aims to equip and educate students unfamiliar with the intricacies of cryptocurrency. The event spotlights BingX as a state-of-the-art platform, providing insights into its functionalities and traversing blockchain technology. The event’s comprehensive agenda includes key topics: Introduction to BingX: Offering a comprehensive overview of the platform and its suite of services. Blockchain Unraveled: A deep dive into the workings and significance of blockchain technology in the financial landscape. Trade Smarter with BingX: Practical guidance on initiating and conducting trades using the
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