Public welfare

BingX launches $10 million charitable arm for public welfare and disaster relief

“We hope that our efforts to directly support humanitarian businesses can improve the efficiency of how we transfer value and how we can make financial systems more inclusive.”

BingX has launched its own charity arm, a $10 million fund for humanitarian efforts to be allocated for charitable donations, public welfare activities, and disaster relief in various parts of the world, and more.

The social trading exchange recalled that since 2019, it has already supported reforestation efforts in Turkey, blood donation and environmental protection in Asia, donation campaigns in Vietnam, as well as relief efforts in disaster for Palawan and Leyte.

BingX offers copy trading, staking, grid trading

BingX was founded in 2018 as a crypto social trading exchange that offers spot, derivative and automatic trading in over 100 countries around the world. Boasting over 3 million users.

BingX connects users with expert traders in a typical copy trading setup, where experts earn by sharing their trades and strategies. The platform also offers demo trading, crypto staking, and grid trading.

Elvisco Carrington, Director of Public Relations and Communications, BingX, commented, “There is no other technology with faster growth in recent years – or more potential to solve any imaginable problem. – than that of cryptocurrency. We hope that our efforts to directly support humanitarian enterprises can improve the effectiveness of how we transfer value and how we can make financial systems more inclusive.

BingX expands in Europe

At the end of July, the company announced an expansion into Germany after opening a Lithuanian office in April. As BingX prepares for further expansion to neighboring markets, the newly launched German operation will add resources to support its new users, allowing them to buy, sell and trade cryptocurrencies on the BingX platform.

BingX will also be working on adding German, the country’s native language, to the platform. In the meantime, German customers can benefit from the platform’s user community spread all over the world.

With a second office now in Europe, BingX is committed to developing and building an open, inclusive, high net worth cryptocurrency investment marketplace to serve investors worldwide.

BingX recently opened access to WOO Network’s institutional liquidity solution, Wootrade, so users can benefit from deep pools of liquidity across major pairs.

The partnership will allow the Wootrade network to act as a key liquidity support for BingX traders, who can easily “log in” to the network and access a rapidly growing list of assets with a maximum daily trading volume of more than $600 million.

BingX has added access to over 300 new spot trading pairs and the number is expected to grow this quarter and next. The partnership with Woo Network is expected to expand to further develop a more satisfying shopping paradise that generates profitability and provides more value to users.