Latest news with #BingX
Cision Canada
14 hours ago
- Business
- Cision Canada
BingX New Dual Investment Offering Sees $1M in User Participation
PANAMA CITY, /CNW/ -- BingX, a leading cryptocurrency exchange and Web3 AI company, has officially launched its Dual Investment product, aimed at empowering users with high-yield strategies in all market conditions. Within just two weeks of launch, BingX users have already invested over $1 million in this product — a clear reflection of its early popularity and market demand. Built for both beginners and seasoned investors, Dual Investment embodies BingX's mission to deliver accessible, innovative financial tools that simplify complex trading strategies and help users grow their portfolios with greater confidence and control. Dual Investment is an innovative structured financial product that leverages the derivatives market, offering higher returns with relatively low risk. Denominated in USDT, this product compares the prices of two cryptocurrencies and is structured around investment currency, settlement currency, APR, subscription amount, target price, and settlement time. The APR is floating, and upon settlement, the system determines the final interest and settlement currency based on whether the settlement price meets or crosses the target price. Dual Investment is a streamlined alternative to traditional options trading, offering two distinct strategies known as Buy Low and Sell High. The Buy Low strategy functions similarly to a put option, allowing users to accumulate cryptocurrencies at more favorable prices. Conversely, the Sell High strategy mirrors a call option, enabling users to sell assets at higher profit margins. In both cases, users earn interest that is comparable to the premiums typically associated with options trading. BingX users can select durations of less than 7 days, 7–30 days, or more than 30 days, depending on specific financial goals and investment strategies — providing maximum flexibility. Each duration comes with varying APYs. Designed for both long-term holders and strategic traders, Dual Investment helps users manage market volatility, grow their portfolios without active trading, and explore hedging or arbitrage opportunities more easily. About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Cision Canada
13-06-2025
- Business
- Cision Canada
BingX Listed as Approved VASP by Upbit Korea Under Travel Rule Framework
PANAMA CITY, /CNW/ -- BingX, a leading cryptocurrency exchange and Web3 AI company, announced it has been officially added by Upbit Korea to its list of approved virtual asset service providers (VASPs) under the Travel Rule framework. This integration enables seamless crypto transfer for users between BingX and Upbit Korea, marking a notable step forward in cross-platform compliance. "This integration enhances our user experience by enabling smoother and more secure transfers of crypto assets between the platforms," said Daniel Lai, Chief Business Officer at BingX. "We're continuously improving platform connectivity and service reliability to ensure that our users enjoy a more efficient trading journey, and this development also reinforces our commitment to responsible innovation in the digital asset space." Upbit Korea is a top-tier digital asset exchange headquartered in South Korea. This platform has been a dominant player in the South Korean market since its launch in 2017. With high trading volumes and a wide range of listed assets, Upbit Korea continues to play a significant role in shaping the local crypto ecosystem. About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Cision Canada
13-06-2025
- Business
- Cision Canada
BingX Launchpool to Introduce SG Coin (SGC) with Early Access Rewards
PANAMA CITY, June 13, 2025 /CNW/ -- BingX, a leading cryptocurrency exchange and Web3 AI company, is expanding its reach into the gaming ecosystem with the introduction of SG Coin (SGC) through its Launchpool. This Launchpool brings SG Coin to a broader market, marking an exciting leap forward for both BingX and blockchain-powered gaming. From June 13 to June 17, users can stake USDT or BTC in the Launchpool to earn SGC tokens ahead of their official spot trading debut. SG Coin (SGC) is the governance and utility token for KAI SANGOKUSHI TAISEN, a strategic card battle game developed by double under license from SEGA CORPORATION. Based on the hit Sangokushi Taisen series with over 1 million players, the game lets users earn and spend SGC on card packs and marketplace trades. Produced by legendary arcade game creator Mr. Nishiyama and backed by major investors like SBI Group and SONY Group, the game is now launching its token via BingX Launchpool, giving users early access before its spot trading debut. Through this Launchpool, BingX users can stake USDT or BTC in three different pools - USDT pool, BTC pool, and the new user pool — to earn SG Coin (SGC) before official spot trading. BingX users who stake for at least 48 hours can unlock additional bonus rewards. And new users who join during the campaign period will also receive exclusive benefits. In addition, the Invite feature allows users to earn extra rewards by bringing friends into the campaign. Vivien Lin, Chief Product Officer of BingX, shared her thoughts: "We are excited to introduce SG Coin through BingX Launchpool, a significant step in merging blockchain with gaming innovation. By offering early access to SG Coin, we are empowering our users to explore the future of Web3 gaming. This launch marks that we will roll out many more strategic initiatives aimed at bringing high-quality, blockchain-driven experiences to our platform." About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Cision Canada
12-06-2025
- Business
- Cision Canada
BingX Introduces Copy Trading 2.0: Greater Control, Transparency, and Flexibility
PANAMA CITY, June 12, 2025 /CNW/ -- BingX, a global leading cryptocurrency exchange and Web3 AI company, has launched its perpetual futures Copy Trading 2.0, a major upgrade to its popular social trading system. This enhanced version is designed to empower users with greater control, transparency, and data-driven decision-making. With Copy Trading 2.0, BingX introduces a suite of powerful new features that simplify the trading experience, offering users more intuitive access to trading data, improved risk management tools, and enhanced flexibility when copying top traders. Dedicated Sub-Accounts for Simplified Trading BingX has introduced dedicated sub-accounts for each follower, streamlining trade and fund management. These individual sub-accounts help users keep their trades organized. In addition, the system now automatically mirrors the trader's leverage and margin mode, enabling followers to replicate trades with the exact same settings for a more accurate and consistent copy trading experience. Optimized Logic with Clear Calculations The new system also allows multiple open orders to automatically merge into one. This makes it easier to calculate profits and losses accurately, with clear one-to-one matching between opening and closing positions. The result is a more flexible, straightforward process that reduces errors and simplifies trade management. Unified Data for Greater Transparency All copy trading data now comes directly from perpetual futures accounts, ensuring consistency and accuracy across the board. Both traders and followers' account assets, positions, balance records, and trading histories are aligned with real-time futures data. This unified data system allows users to track performance more effectively, providing transparency and boosting confidence in their risk management and profitability analysis. "A cleaner interface with improved data tracking and a fairer system benefits both traders and their followers," Vivien Lin, Chief Product Officer of BingX, added: "Copy Trading 2.0 is a direct response to user feedback. We've always believed in our user-first vision and listening to our community. There are plenty of additional upgrades like more flexible trial funds for users to explore as they engage with the platform. Our goal is to continuously evolve and provide the best tools to support our users' crypto trading journey." About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Business Wire
10-06-2025
- Business
- Business Wire
Volante Labs CEO to Speak at German Blockchain Week 2025: The Future of Real-Time Payroll Is Already Here
BERLIN--(BUSINESS WIRE)-- German Blockchain & AI Week 2025 is set to be one of the most influential gatherings of the year for digital finance, Web3, and AI infrastructure. Held at Spielfeld Hub Berlin on June 13, the conference brings together top minds building the future of Europe–Asia finance. Ex-OpenAI AI specialist Joey Bertschler will speak at GBW 2025, revealing how Volante Labs is building blockchain's real-world killer app: global, real-time payroll — live now, card-connected, and scaling fast. Share Among the headline speakers: Joey Bertschler, CEO of Volante Labs ( and former AI specialist at OpenAI, who will appear on a dedicated panel to share how real-time payroll infrastructure is already transforming global wage systems — and why that opens the door to one of the most powerful blockchain utilities of the decade. 'What if you could get paid every hour — in stablecoins, yen, or USD — without payroll stress, delays, or middlemen?' 'We've already built that.' Joey leads Volante Labs, a multi-million-dollar hybrid company operating at the intersection of AI, blockchain, and finance. They are currently live on BTSE and BingX (VOL/USDT), powering earned wage access (EWA) and instant disbursement in emerging markets like Kenya, Vietnam, and Latin America — with upcoming expansion focused on Berlin and deep integrations already live in Japan. To bring that infrastructure directly to users, the company recently launched the Volante Card — a globally usable payment card that connects directly to the VolanteChain platform, letting users spend earnings in real time. It's one of the few crypto-backed payroll products in the world that's already functional, compliant, and in circulation. Speaking Topic From Blocks to Paychecks: Real-Time Payroll Infrastructure for a Borderless Economy A rare look into how blockchain, AI, and digital rails are converging to reshape the way workers get paid — and why it may become the backbone of tomorrow's financial system. For investors, partners, and builders interested in sustainable blockchain use cases, Volante represents more than a product — it's a global financial backbone in motion. Joey's appearance at GBW is not just a panel. It's an invitation.
