BingX TradFi Trading Volume Doubles to Surpass $2 Billion in a Week

BingX TradFi Trading Volume Doubles to Surpass $2 Billion in a Week

BingX, a prominent player in the cryptocurrency exchange market, reached a significant milestone this week. The trading volume for its TradFi perpetual futures has surged past $2 billion, doubling in just 24 hours. This remarkable increase was primarily fueled by a heightened interest in perpetual Gold trading, which accounted for over $1.5 billion of the total volume.

BingX TradFi Trading Volume Doubles to Surpass $2 Billion

This milestone underscores the growing user interest in accessing traditional financial markets through crypto-native platforms. BingX TradFi offers users an innovative way to engage with a variety of financial instruments.

Services Offered by BingX TradFi

  • Perpetual Futures: Users can gain flexible exposure to various assets, including commodities, stocks, and indices, all with competitive fees and leverage options of up to 500x.
  • Copy Trading: As a pioneer in Web3 copy trading, BingX allows users to replicate successful traders’ strategies, making entry easier for beginners.
  • Spot Markets: The platform supports the purchase of real-world asset (RWA) tokens backed by traditional financial instruments, including Ondo and xStocks.
  • BingX AI: Integrated with BingX AI Bingo, this feature enhances trade discovery and execution, improving overall usability and trading experience.

Market Evolution and User Engagement

Vivien Lin, Chief Product Officer at BingX, commented on the evolution of crypto markets. “Five years ago, we discussed whether crypto could rival traditional assets like gold or equities,” she stated. “Now, users can trade these assets directly through crypto.” This shift highlights the merging of crypto and traditional finance.

To further boost user engagement, BingX has introduced a competition centered around its TradFi perpetual futures trading. The competition features a dynamic prize pool of up to 200,000 USDT, which increases as trading volume grows. This initiative encourages collective participation and active trading within the platform.

About BingX

Founded in 2018, BingX serves over 40 million users globally and is ranked among the top five crypto derivatives exchanges. Known for its innovative copy trading features, the platform offers a wide range of AI-driven products. BingX has also secured partnerships with prominent entities like Chelsea FC and Scuderia Ferrari HP, enhancing its visibility in the sports industry.

BingX continues to address the evolving needs of all types of users, providing tools designed to optimize performance and trading confidence. For more information, visit Filmogaz.com.