- BingX is a crypto social trading platform launched in 2018.
- The platform provides digital assets, spots, and derivative trading.
- It allows for copy trading and provides diverse trading products.
Crypto trading exchanges bring a lot of trading services to crypto enthusiasts who strive to gain profits. Blockchain technology has led to the growth of many crypto trading platforms over the years. And each of these platforms actively promotes its unique features.
Here are some details about the BingX crypto trading platform, its features, and how it is unique.
What is BingX?
BingX is a crypto social trading network founded in 2018 that allows the trading of digital assets, spots, and derivatives. The platform provides a user-centric and open ecosystem with intuitive social trading features. With the goal to enrich the entire cryptocurrency industry, BingX provides a safe, reliable, and user-friendly space for users to trade their digital assets.
The trading company claims itself as the people’s exchange by unlocking the flourishing crypto market for everyone. It also connects users with expert traders and allows them to invest in a simple, engaging, transparent way.
BingX has branch offices in the US, Australia, Taiwan, Canada, Hong Kong, and the EU, and it offers its services to over 100 countries in the world. The new office of the platform in Europe focuses on gaining a wider market with its great exchange services.
More so, the platform also obtained regulatory approval to operate in other countries where it provides its services or conducts any form of business. The platform is the registered trademark of Bing Group, whose global subsidiaries or related bodies have procured regulatory licenses.
There are nearly 335 cryptocurrencies listed on its platform.
Innovations and Developments
Crypto copy trade happens when a trader replicates or copies the trading process/techniques of other experienced traders. BingX introduced high-quality traders to copy trade. The cumulative number of traders exceeds 20,000, with an average of over 50,000 daily users. This has triggered a wave of copy trading in the crypto industry.
Best Trading Experience
The platform allows trading in spot, perpetual futures, and standard futures supported to meet the requirements of users with various trading abilities. It prioritizes the trading experience of both professional and general traders.
BingX supports both USDT-margined and Coin-margined contracts, catering to the different needs of users in both bullish and bearish markets.
Diverse Trading Products
The platform supports trading global indices, commodities, Forex, and other contract trading products. It can impede the low liquidity risk brought by bear markets to meet the trading needs of users.
BingX has a good development team consisting of professionals from leading internet firms like Alibaba and Tencent. The platform undergoes server operation and maintenance regularly by Huawei’s core team to ensure a safe and error-free trading environment.
Additionally, users can rely upon BingX, as the platform provides the best trading experience, copy trading, and several other innovations mentioned earlier. Considering the ranking, BingX was credited with the title “Best Crypto Exchange” at TradingView’s 2021 Broker Award. The platform also supports more than 10 languages with users in over 100 countries and regions.
BingX is also listed on trusted platforms such as CoinGecko, CoinMarketCap, and TradingView.
BingX Affiliate Programs and Benefits
BingX serves users with convenient and reliable digital asset trading services for users across the world. BingX Affiliate Program offers benefits for its users in different ways:
- 60% Rebate: BingX users can join the affiliate programs and earn up to a 60% refund. This commission rate is higher than industry standards.
- Acquisition Subsidy: For acquisition subsidy, the rate is lower: 0.045% for standard futures, maker 0.02%, taker 0.03% for perpetual futures; up to 100+ USDT bonuses are available upon registration.
- Market Support: The BingX market has customized acquisition and activation online activities (such as trading competitions). The company provides bonuses that can reach up to 100,000 USDT. It also does operational event planning, marketing, and media promotion services.
- Fast Withdrawal: The platform has a fast transaction channel with instant deposit and withdrawal options.
- Exclusive Backend: The user accounts are exclusive, safe, and reliable, with high data transparency and clear transaction details.
- Daily Rebate: The company issues daily rebates on time and protects the rights and interests of its partners, as well.
- Exclusive Customer Support: There will be 24 hours of exclusive 1-to-1 multilingual customer support from the BingX team.
The company also provides the affiliate program users exclusive benefits in the form of branded gifts.
BingX has announced that it will support the RAMP (RAMP) token swap. The platform will recover all RAMP balances and begin the LEVER distribution to all eligible users. More so, the ownership percentage of existing RAMP holders will not be diluted with the token swap, as there will be no minting of additional tokens.
Another announcement from BingX is that it will support ETH Hard Fork Upgrade with a block height of 15,050,000.
To sum up, BingX is a social trading ecosystem for users to exchange any cryptocurrencies listed on its platform. The company provides a safe, reliable, and transparent transaction process, with diverse trading products. Like other trading platforms, BingX is also developing and competing in this crypto-blockchain age.