BingX Blog

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

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

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
4 min

BingX Collaborates with WunderTrading to Elevate Crypto Automated Trading

BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation. WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal. The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to Trad
4 min

BingX Announces Strategic Sponsorship for Dubai Future Blockchain Summit 2023

BingX, a global leading cryptocurrency exchange, proudly announces its strategic sponsorship of the upcoming Future Blockchain Summit, a cutting-edge event set to revolutionize the world of Web 3.0, Blockchain, Crypto, NFT, Metaverse, and Gaming. The summit is scheduled to take place from October 15th to 18th, at Dubai Harbour, promising an immersive experience like no other. As the Middle East/North Africa (MENA) region’s most immersive large-scale blockchain event, Future Blockchain Summit is poised to be a game-changer, with a fresh and empowering concept aimed at emboldening disruptors, empowering change-makers, and inspiring innovators across various tech domains. Over the course of four dynamic days, industry leaders, enthusiasts, and visionaries will converge to engage in an array of activities and opportunities. Attendees will have the chance to showcase their potential and expand networks through countless connections and interactions, gain valuable insights from a thoug
5 min

BingX Sponsored Hackathons in APAC for Web3 Talent Development

BingX, a leading global cryptocurrency exchange, recently announced its sponsorship of Hackathon events in Vietnam and Taiwan, aimed at fostering talent development in the rapidly evolving Web3 space. With a strong commitment to supporting technological advancements and blockchain innovations, BingX has partnered with NEO and Taiwan Builder House to sponsor these Hackathon events, and attended as judges and advisory panels. Hackathon, also known as codefest, is a social coding event that brings computer programmers and other interested people together to collaboratively work on software or hardware projects. They are usually centered around a specific theme, problem, or challenge. Participants form teams to create innovative solutions, often within a limited timeframe, and present their projects to judges or a panel of experts at the end of the event. In Vietnam, BingX joins forces with Neo APAC Hackathon, an open-source, community-driven blockchain platform, to organize a Hackathon ev
4 min

BingX Gets Listed on CoinGlass: Empowering Crypto Traders with Real-Time Data and Analysis

Introduction: The cryptocurrency market is known for its fast-paced nature and constant evolution. In this dynamic landscape, staying ahead of the curve requires access to real-time data and analysis that can guide informed investment decisions. BingX, a leading global crypto exchange, has just made a game-changing announcement. It has successfully secured a listing on CoinGlass, a specialized cryptocurrency derivative data analysis platform. This strategic partnership marks a significant milestone that promises to empower traders with a wealth of market insights and advanced analysis tools, revolutionizing their approach to cryptocurrency investments.   What is CoinGlass? CoinGlass is a professional cryptocurrency derivative data analysis platform dedicated to providing global users with accurate and real-time cryptocurrency market data and analysis services. This platform aims to assist cryptocurrency enthusiasts, traders, and investors in making informed investment decisions, r
6 min

BingX Partners with Alertatron: Enhancing Crypto Trading with Automated Strategies

Introduction The cryptocurrency market is a fast-paced arena, where opportunities and risks abound. To navigate this ever-evolving landscape effectively, traders require advanced tools and strategies. One such tool that has gained recognition and admiration in the crypto trading community is Alertatron, an automated algorithm platform. Recently, BingX, a leading global crypto exchange, completed its integration with Alertatron’s API broker, opening up new avenues for traders to enhance their trading experience. In this blog, we’ll delve into the exciting partnership between BingX and Alertatron, highlighting the numerous benefits it brings to crypto traders. What is Alertatron? Alertatron is a powerful and versatile automated trading platform designed to assist cryptocurrency traders in executing their strategies efficiently. It offers a range of benefits that make it a popular choice among traders: Automated Trading: Alertatron allows traders to automate their trading s
6 min

BingX Guarantees Zero Slippage in Perpetual Futures

BingX, a leading global cryptocurrency exchange, is revolutionizing the cryptocurrency trading experience with its updated Guaranteed Price feature, to ensure zero slippage in perpetual futures. This innovative feature will cover all 166 trading pairs available on BingX’s perpetual futures, including popular options like BTC/USDT, ETH/USDT, and more.   Perpetual futures contracts are crypto trading instruments tied to the value of an underlying asset. It allows crypto traders to speculate on the future prices of the asset. Unlike traditional crypto futures contracts that come with an expiry date, perpetual futures are signed to perpetuity.   Slippage in perpetual futures refers to the difference between the expected price at which a trade is placed and the actual price at which the trade occurs. It generally occurs when there is low market liquidity or high volatility. There could be fewer market participants to take the other side of a trade, and so more time is requir
4 min

BingX Announced as Platinum Sponsor for TOKEN2049 Singapore

BingX, a leading global cryptocurrency exchange, is thrilled to announce its platinum sponsorship of the upcoming TOKEN2049 Singapore event. Following last year’s successful sponsorship of its London event, BingX continues its commitment to advancing the blockchain industry by joining hands with TOKEN2049 once again.   TOKEN2049 has gained a reputation as one of the most influential and distinguished blockchain and cryptocurrency events globally. Renowned for its ability to gather industry leaders, innovators, investors, developers, industry enthusiasts, and global media, the event serves as a platform for insightful discussions, networking, and the exploration of cutting-edge trends that shape the future of blockchain technology.   As the platinum sponsor of TOKEN2049, BingX is poised to play a significant role in enriching the event’s atmosphere. This partnership aligns with BingX’s core values of fostering innovation, collaboration, and the dissemination
3 min

BingX Expands Copy Trading to the Spot Market

BingX, a leading global cryptocurrency exchange, unveils its latest stride in elevating user engagement and strengthening its trading strategy ecosystem – the introduction of Copy Trading to the spot market. This new feature empowers BingX users to replicate spot orders from seasoned traders, providing a convenient and efficient way to engage in spot trading.   Copy trading is a practice in the cryptocurrency market where investors can automatically copy the trading strategies and actions of experienced and successful traders. It gained popularity because it allows less experienced traders to benefit from the expertise of more knowledgeable traders without having to actively manage their own trades. Earlier, BingX offered copy trading services for futures trading only.   Spot Copy Trading operates on traders’ real-time spot orders, allowing users to follow these orders effortlessly, including popular trading pairs like BTC/USDT and ETH/USDT. Users can view the tra
4 min

BingX Integrates ALGOGENE to Elevate Algorithmic Trading

BingX, a leading global cryptocurrency exchange, recently announced a significant advancement in its trading ecosystem through its integration with ALGOGENE, a one-stop algo-trading platform. This strategic partnership with ALGOGENE empowers BingX users with seamless access to the trading platform through standardized protocols.   ALGOGENE serves as a comprehensive algo-trading platform that empowers users to learn, develop, test, and execute quantitative strategies. Leveraging the advantages of Big Data and AI, ALGOGENE engages in data-driven investment for algorithmic trading. The platform offers a range of solutions for Algorithmic Trading, encompassing quantitative model development, real-time strategy testing, live trading deployment, algo investment, and customer training.   The collaboration with ALGOGENE propels the realization of algorithmic trading’s potential within the dynamic landscape of the cryptocurrency market, signifying a pivotal moment for both platf
2 min

BingX Charity Establishes Schools in Vietnam to Brighten Horizons for Children

BingX Charity, the philanthropic arm of BingX, the world’s leading cryptocurrency exchange, is embarking on an inspiring mission to enrich the educational journey of children in Vietnam. Through its initiative “Bright Horizons for Children,” BingX Charity is rallying the community to collaborate in local infrastructure construction. The objective is to provide a solid learning environment for preschoolers at Xa Nhe village Kindergarten, Dien Bien province, ensuring a conducive space for local kids to learn and envision a promising future.   The “Bright Horizons for Children” campaign will run from August 18, 2023, to September 18, 2023. Three new classrooms and one closed toilet will be constructed, addressing formidable challenges faced by these children. Insufficient facilities and learning conditions paint a grim picture, heightening the difficulty of their pursuit of knowledge. To execute the campaign, BingX Charity has joined hands with esteemed partne
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