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BingX reports significant growth and innovation in 2023 amidst industry challenges
Invest
BingX reports significant growth and innovation in 2023 amidst industry challenges
BingX, a prominent crypto exchange, has disclosed notable achievements in 2023, amidst a backdrop of global economic uncertainty and sector-specific turbulence. The company has managed to double its user base to 10 million and witnessed a 250% increase in trading volume, marking its strongest performance since its establishment in 2018.
The year saw BingX rolling out several new features aimed at improving user experience and establishing new benchmarks within the industry. Innovations such as zero-slippage in futures trading and the inclusion of USDT-savings as futures margin were among the highlights. Additionally, the firm updated its VIP program and launched BingX Wealth, expanding its asset management services.
In an effort to align more closely with the needs of crypto traders and adapt to the rapidly evolving industry landscape, BingX undertook a significant rebranding initiative in 2023. This move aimed to enhance user trading experience while reaffirming BingX’s commitment to security and innovation.
Recognition of BingX’s efforts came when it was named the Best Crypto Broker/Exchange for the third year in a row at the 2023 TradingView Broker Awards, where it received a rating of 4.9 out of 5.
The year also marked the beginning of BingX's co-branding partnership with Chelsea Football Club, a move that signifies the convergence of crypto innovation and sports. This partnership aims to amplify engagement with fans across both sectors.
BingX also focused on philanthropy through its charity arm, BingX Charity, which provided assistance to communities affected by Hurricane Otis in Mexico and initiated the "Bright Horizons for Children" project in Vietnam to fund a new school. Furthermore, in collaboration with the Whale and Dolphin Conservation, BingX Charity worked towards the conservation of marine species, displaying the company’s dedication to global philanthropic efforts.
Vivien Lin, Chief Product Officer at BingX, acknowledged the year’s achievements and the support received, stating, "2023 has been an extraordinary journey for BingX. We extend heartfelt appreciation to our users and the crypto community for their unwavering support. Our commitment to innovation, security, and user empowerment remains unwavering. This motivates us to set higher standards and explore new horizons in 2024."
BingX reports significant growth and innovation in 2023 amidst industry challenges
BingX, a prominent crypto exchange, has disclosed notable achievements in 2023, amidst a backdrop of global economic uncertainty and sector-specific turbulence. The company has managed to double its user base to 10 million and witnessed a 250% increase in trading volume, marking its strongest performance since its establishment in 2018.
The year saw BingX rolling out several new features aimed at improving user experience and establishing new benchmarks within the industry. Innovations such as zero-slippage in futures trading and the inclusion of USDT-savings as futures margin were among the highlights. Additionally, the firm updated its VIP program and launched BingX Wealth, expanding its asset management services.
In an effort to align more closely with the needs of crypto traders and adapt to the rapidly evolving industry landscape, BingX undertook a significant rebranding initiative in 2023. This move aimed to enhance user trading experience while reaffirming BingX’s commitment to security and innovation.
Recognition of BingX’s efforts came when it was named the Best Crypto Broker/Exchange for the third year in a row at the 2023 TradingView Broker Awards, where it received a rating of 4.9 out of 5.
The year also marked the beginning of BingX's co-branding partnership with Chelsea Football Club, a move that signifies the convergence of crypto innovation and sports. This partnership aims to amplify engagement with fans across both sectors.
BingX also focused on philanthropy through its charity arm, BingX Charity, which provided assistance to communities affected by Hurricane Otis in Mexico and initiated the "Bright Horizons for Children" project in Vietnam to fund a new school. Furthermore, in collaboration with the Whale and Dolphin Conservation, BingX Charity worked towards the conservation of marine species, displaying the company’s dedication to global philanthropic efforts.
Vivien Lin, Chief Product Officer at BingX, acknowledged the year’s achievements and the support received, stating, "2023 has been an extraordinary journey for BingX. We extend heartfelt appreciation to our users and the crypto community for their unwavering support. Our commitment to innovation, security, and user empowerment remains unwavering. This motivates us to set higher standards and explore new horizons in 2024."
BingX, a prominent crypto exchange, has disclosed notable achievements in 2023, amidst a backdrop of global economic uncertainty and sector-specific turbulence. The company has managed to double its user base to 10 million and witnessed a 250% increase in trading volume, marking its strongest performance since its establishment in 2018.
The year saw BingX rolling out several new features aimed at improving user experience and establishing new benchmarks within the industry. Innovations such as zero-slippage in futures trading and the inclusion of USDT-savings as futures margin were among the highlights. Additionally, the firm updated its VIP program and launched BingX Wealth, expanding its asset management services.
In an effort to align more closely with the needs of crypto traders and adapt to the rapidly evolving industry landscape, BingX undertook a significant rebranding initiative in 2023. This move aimed to enhance user trading experience while reaffirming BingX’s commitment to security and innovation.
Recognition of BingX’s efforts came when it was named the Best Crypto Broker/Exchange for the third year in a row at the 2023 TradingView Broker Awards, where it received a rating of 4.9 out of 5.
The year also marked the beginning of BingX's co-branding partnership with Chelsea Football Club, a move that signifies the convergence of crypto innovation and sports. This partnership aims to amplify engagement with fans across both sectors.
BingX also focused on philanthropy through its charity arm, BingX Charity, which provided assistance to communities affected by Hurricane Otis in Mexico and initiated the "Bright Horizons for Children" project in Vietnam to fund a new school. Furthermore, in collaboration with the Whale and Dolphin Conservation, BingX Charity worked towards the conservation of marine species, displaying the company’s dedication to global philanthropic efforts.
Vivien Lin, Chief Product Officer at BingX, acknowledged the year’s achievements and the support received, stating, "2023 has been an extraordinary journey for BingX. We extend heartfelt appreciation to our users and the crypto community for their unwavering support. Our commitment to innovation, security, and user empowerment remains unwavering. This motivates us to set higher standards and explore new horizons in 2024."
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