BingX Blog

Your go-to source for BingX stories, company news, and product updates.
BingX Presents Crypto Friday Series to Empower Traders with Insights and Guidelines
BingX, a leading cryptocurrency exchange and Web3 AI company, today launches its new video series, BingX Crypto Friday, along with its livestream extension Alpha Room, for global users. The first episode of BingX Crypto Friday is now available on BingX’s official social media platforms, including TikTok, X, and YouTube. The debut of the Alpha Room will follow on November 28.   Themed around "Power Your Trades, Shape Your Future", BingX Crypto Friday is a recurring video column that integrates product knowledge, platform updates, and market insights. In response to the growing need of authoritative, engaging, and up-to-date sources of crypto information, the series is an initiative designed to deliver more efficient and visionary information for trading support. The series and livestreams will cover BingX's latest product upgrades, strategic insights, and newest market trends, featuring the leadership and product experts at BingX. It aims to help users build a deeper underst
2 min
Crypto Friday Episode 1: A New Chapter for Spot Trading, BingX Shards, and More!
Welcome to the very first episode of Crypto Friday, where we spotlight BingX’s biggest product breakthroughs and give our community a direct look at what’s shaping the future of the platform. In this debut episode, BingX CPO Vivien Lin introduces a major upgrade to BingX Spot Trading, unveiling new rewards, ecosystem improvements, and innovations designed to elevate every user’s experience. From the launch of BingX Shards, our new activity-based reward system, to the introduction of Listing FastTrack, a faster and more transparent listing pathway for projects, this episode sets the stage for a stronger, more empowered BingX community. Watch the full video below to see what’s new and what’s coming next for spot trading on BingX.      
1 min
What Are BingX Shards and How to Redeem Exclusive Rewards?
BingX Shards is a gamified rewards system that lets you earn and redeem exclusive perks by completing tasks like trading, depositing, KYC, events, and referrals. Learn how Shards work, how to collect them, and how to unlock tiered benefits such as fee discounts, airdrops, VIP privileges, and more. Main Takeaways • BingX Shards is a gamified rewards ecosystem designed to recognize and incentivize user activity on the platform, particularly in spot trading.   • Users accumulate Shards through everyday actions like verifying identity, depositing funds, trading on BingX, joining official events, and referring friends.   • The more Shards a user collects, the higher their level, unlocking tiered benefits such as trading fee discounts, exclusive airdrops, vouchers, and VIP privileges. What Is BingX Shards? BingX Shards is a brand-new rewards mechanism launched by BingX, representing users' identity, activity, loyalty, and status on the platform. Bing
10 min
BingX Rolls Out FastTrack to Speed Up Token Listings: Here's How
BingX, a leading global crypto exchange and Web3 AI platform, has introduced Listing FastTrack, a streamlined onboarding portal designed to eliminate slow, opaque, and fragmented listing processes by enabling blockchain projects to list their tokens faster, more transparently, and with reduced friction. Main Takeaways • Listing FastTrack delivers fast, transparent listings with reviews completed in 7–14 days and deployment finished within hours.   • Listing FastTrack supports over 170 chains, enabling seamless multi-chain and emerging-chain listings without extra delays.   • Listing FastTrack improves security with transparent fees, a 150M USD Shield Fund and full Proof of Reserves.   • It also gives projects quick access to over 20 million users, helping them grow faster. What Is Listing FastTrack on BingX? Listing FastTrack is BingX’s new high-speed listing gateway designed to eliminate the long, opaque bottlenecks
8 min
BingX Charity Expands Relief Fund to Over 2.6 Billion VND, Helping Central Vietnam Recover from Typhoon No.13
BingX Charity, the philanthropic arm of BingX, a leading cryptocurrency exchange and Web3 AI company, has announced the expansion of its humanitarian campaign “One Light, Thousands of Hearts”, increasing its total donation to USD 100,000 (over 2.6 billion VND) to support Central Vietnam in recovering from the severe impact of Typhoon No.13.   Earlier this year, BingX Charity launched the first phase of the campaign with a USD 50,000 relief fund, reaching 9 provinces hit by consecutive storms Bualoi and Matmo. Thousands of emergency supply packages, including food, clean water, and daily necessities, were distributed directly to affected households with the support of local representatives and partners.   This second phase contributes an additional USD 50,000, raising the total to USD 100,000, and extends relief efforts to the provinces most affected by Typhoon No.13, such as Quang Binh, Quang Tri, Thua Thien Hue, and Nghe An. The fund aims not only to deliver ess
2 min
Introducing BingX Shards: A New Era of User Rewards
BingX has unveiled BingX Shards, a new rewards ecosystem designed to make trading more interactive, rewarding, and personalized. Rather than relying on traditional loyalty programs, Shards introduces a dynamic system where users earn, level up, and unlock benefits simply by staying active on the platform.   At its core, BingX Shards acts as a digital identity layer that reflects each user’s engagement within the BingX ecosystem. Every action, from completing KYC verification to depositing funds, trading, participating in campaigns, or inviting new users, contributes to a user’s Shard balance. The more Shards accumulated, the higher the user’s level, and the more benefits become available.   What makes BingX Shards compelling is the variety of rewards it unlocks. Users can gain access to exclusive token airdrops, early token opportunities, and special event rewards. Higher-level users can enjoy trading fee discounts, vouchers, and even exclusive VIP-style pr
2 min

BingX Charity Fund Donates 1 Million Turkish Lira to AHBAP and Other Supplies for Earthquake Relief

BingX, one of the leading crypto exchanges, set up a disaster relief fund of 1,000,000 Turkish Lira for those affected by the earthquake. This fund will be donated to Ahbap Association to meet urgent needs of victims of this devastating disaster. Transportation services will also be provided for necessary supplies as rescuers attempt to save survivors in the impacted areas despite the extreme cold weather.   A series of powerful earthquakes struck southern Turkey in the early morning hours of Feb. 6, 2023. These quakes have caused widespread destruction and collapse of buildings, with likely thousands of deaths and many thousands more injuries. The epicenter of the quake was in the Pazarcık district of Kahramanmaraş, and tremors were felt intensely in the surrounding provinces and cities such as Kahramanmaras, Hatay, and Adana. To date, local authorities have confirmed at least 30,000 deaths and it might increase as search and rescue efforts continue.   To assist impacted com
4 min

Leading Crypto Exchange BingX Wins TradingView Best Broker Award for the Second Year Running

BingX, one of the leading crypto exchanges, has been named Best Crypto Broker/Exchange for the second consecutive year in TradingView’s Broker Awards for 2022. This award is decided based on feedback and reviews from TradingView users, plus TradingView’s own technology as information ages , platform uptime, and more. TradingView is a renowned market analysis platform providing advanced financial visualisation tools and granular market data to traders in all types of markets across the globe. It is a charting platform and social network used by more than 30 million traders and investors opportunities worldwide to every across the markets. BingX’s excellent performance for the past year was recognised with this great award from TradingView. BingX witnessed a steady growth of 280% in year-on-year trading volume and its user base has grown over 350% in 2022, with expanded support in 7 more languages ​​– Portuguese, German, Persian, Thai, Arabic, French, and Italian As the
4 min

zkSync Launches New Plugin Supporting Smart Contract Verification

Join the Trading Community: Learn & Earn with BingX. Today’s Cryptocurrency Headline According to the official Twitter, the Ethereum Layer 2 expansion program zkSync announced the launch of a new plug-in that supports smart contract verification to improve the developer experience on zkSync 2.0. The hardhat-zkSync-verify plugin allows developers to verify smart contracts deployed on zkSync 2.0 from the terminal and programmatically. This plugin can be used for hardhat-etherscan, has a similar API and requires almost no code changes. BingX’s Bitcoin Chart Source: TradingView & BingX After failing to challenge $18,000 some time ago, the price of Bitcoin has never made a big breakthrough. The bitcoin price has entered a low volatility channel. The cryptocurrency market is already showing signs of malaise, both in the short and medium term. In the short term, $16,000 remains a key support level for Bitcoin and a critical point for market sentiment. Disclaimer: BingX does not endors
2 min

BingX Launches Signal Trading and Stays Ahead in Crypto Innovation

BingX, one of the leading crypto exchanges, is excited to introduce Signal Trading, another advanced futures trading tool. It takes BingX one step closer to its mission – being an open, reliable, and innovative crypto ecosystem. Signal trading is an advanced feature that carries out automatic execution of complicated perpetual futures trading strategies based on triggering signals received from external platforms such as TradingView. It covers all trading pairs in BingX Perpetual Futures and no API indocking is required. Creating specific trading instructions on BingX, traders only need to update these instructions on external platforms like TradingView. Then a free TradingView Bot will be created and synchronize real-time signals which will trigger automatic execution of preset trading instructions at right hightimes. Signal trading helps traders realize customized and flexible trading strategies. Signal trading is free of charge and open to all BingX users for an unlimited numb
4 min

PayPal Partners With MetaMask to Offer Easy Way to Buy Crypto

Join the Trading Community: Learn & Earn with BingX. Today’s Cryptocurrency Headline According to a press release, PayPal will integrate its buy, sell and hold crypto services with MetaMask Wallet. Users will be able to choose to use their PayPal account to purchase Ethereum (ETH) within the MetaMask app while simplifying the process of transferring ETH from PayPal to MetaMask. Select U.S. customers can access the new offering beginning today as PayPal works to roll out the service to the rest of its U.S. customers over the next few weeks. BingX’s Bitcoin Chart Source: TradingView & BingX The U.S. Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 0.75 percent of increases in borrowing costs by the end of 2023. Bitcoin is down 0.39% over the last 24 hours and fell to an intraday low of $17,565.00. The largest cryptocurrency rose above the $18,000 price level today, but the bulls are not able to hold the price above
3 min

BingX Announces Its Verified Proof of Reserve With Mazars

BingX, one of the leading crypto exchanges, took the lead and published its Proof-of-Reserve report verified by Mazars, a trusted third-party auditor, offering BingX’s customers additional transparency and reassurance that their cryptocurrency holdings are collateralised, with collateralisation ratios of 132%, 122%, 186%, and 112% for BTC, ETH, USDC, and USDT respectively, exist on the blockchain and under the control of BingX. Mazars is a leading international audit, tax and advisory firm, with a presence in over 90 countries and territories. With rich experience in crypto sector, Mazars South Africa conducted a third-party verification with BingX and helped ensure only credible platforms are operating in the market. “Mazars takes pride in assisting leading exchanges such as BingX to bring transparency to the crypto industry. Our attestation services will allow BingX to be more transparent, so their users can feel safe and assured about their assets, and keep better track
4 min

Merkle Tree (Hash Tree) and How it is Related to Cryptocurrencies

The world of cryptocurrencies has been built thanks to countless technologies, ideologies or industries. Combination of cryptography, computer science, monetary policy or even psychology and philosophy could be all found in some context or another in the very core of Bitcoin and other cryptocurrencies. When it comes to technologies, ideologies or techniques used in the cryptocurrencies and in their inherent blockchain technology, the Merkle Tree is playing one of the leading parts since the inception of crypto. What it is, how is it connected to cryptocurrencies and why is it used? Those are some of the questions that the following paragraphs will answer. What is a Merkle Tree? Merkle Tree is a type of structure that is often used to quickly verify data integrity, mostly in a dataset. It is also known as a hash tree, which has, in most cases, binary implementations, with each node usually having two “child nodes.” In the cryptocurrency world, this structure is used to encrypt blockchai
11 min

What is zkEVM – EVM, types of zkEVMs, Polygon zkEVM, zkSync and Scroll

Our exploration of possible scalability solutions through layer-2 technologies on Ethereum continues. With the introduction of technologies such as StarkWare or zkSync, there is one major component of this sub sector that has not been properly explored. That is zkEVM, which stands for zero-knowledge Ethereum Virtual Machine. While we have already explored what zero-knowledge and zk-rollups are, we have not looked at the examples of these technologies that are EVM-compatible or EVM-equivalent. And that is the main topic of today’s article. What is EVM? As always, before we dive deep into more difficult and complicated topics, we will be starting with simple concepts, upon which we will be then building. That is one of the reasons why we need to introduce EVM, before we look at zk-EVM. EVM (Ethereum Virtual Machine) is a mechanism which allows the Ethereum blockchain to execute the transactions on its network. It consists of predetermined rules and sets of rules which state which transac
12 min

What is ZKSync – Zk-Rollups, Ecosystem, Team, and Tokenomics

With increasing popularity of cryptocurrencies, whether that is thanks to DeFi, NFTs, Web3 or Metaverse, many major blockchains upon which these subsectors are built can get congested. High fees, slow transactions or technical hiccups are just a few of the problems that can arise when the demand for usability of some blockchain sharply rises. This is something that was seen for instance with Ethereum in the last few years. Incredibly high gas prices have often discouraged people from using this blockchain or dApps built on it. However, this also gave a reason for new projects or solutions to be created. And most of them have tried to develop on a second layer, such as zkSync. What is layer-2? Before we dive into zkSync, first the introduction of layer-2 solutions and what they are is necessary to provide better context. The term layer-2 describes solutions, platforms or services that are built on top of the first layer. The first layer or layer-1 is usually the blockchain itself such a
17 min

BingX Is the First to Initiate Elite Copy Traders Program for Crypto Copy Trading

BingX, the world’s leading social trading crypto exchange, is excited to introduce its Elite Copy Traders Program. With this new tiering system, BingX wishes to provide global traders with more opportunities and offer our users better services. Elite Copy Traders Program is a trader incentive copy trading program launched by BingX, which all traders are welcome to apply for. Currently, BingX Elite Copy Traders Program Tiers are Bronze, Silver, Gold, and Diamond. Bronze is entry-level. If traders wish to upgrade to the next levels, they need to meet the criteria which include minimum requirements on total assets, number of copiers (or total value of copy trading), and risk score. The Tier of trader accounts will be updated every Monday 00:00（UTC+8), and traders can enjoy the benefits and privileges of the latest tier after that. BingX aims to fuel elite traders with steady cashflows to help them in polishing their trading strategies. First of all, higher tier traders are able to e
3 min

Bull vs. Bear Markets and Trading Strategies

The ‘Bull’ and The ‘Bear’ – the two most popular avatars for financial markets – are used to represent the general market sentiment or price movement ie rising or falling. In a ‘bull’ crypto market, the price of the cryptocurrency is rising, and investors and traders are feeling confident to buy the coin with the hopes of selling it at a higher price in the future.  In a ‘bear’ crypto market, the price of the crypto asset is falling and the general bias for investors and traders is to sell the coin to minimize loss. In a sustained bear market, many traders panic and close their positions. Every cryptocurrency and asset for that matter goes through a cycle of bull runs and bear runs, and to be a successful trader, you’ll need to know how to tackle both beasts. In the rest of this piece, we’ll discuss examples of significant bull and bear events, how you can predict each market condition, and strategies to trade bull and bear ma
15 min

BingX is Travel-Rule Compliant in South Korea

BingX, the leading social trading exchange, is excited to announce its cooperation and compliance with South Korea’s Travel Rule. BingX has signed a contract to use the CODE solution in the process of transferring virtual assets. With the application of the CODE solution, the limit of under 1 million won by one time, which was applied before the transfer of virtual assets to external Korean exchanges, will be lifted. Starting with Bithumb, Korea’s largest exchange, CODE Solution member exchanges will be added sequentially. After that, we will do our best to facilitate the deposit and withdrawal process that complies with the travel rules. BingX provides an excellent service for novice traders to observe and learn the trades from more experienced professional traders. Since the launch of the service, it has consistently ranked in the top 5 in derivatives trading volume and was selected as the Best Crypto Broker/Exchange in Tradingview’s 2021 Broker Awards. BingX is a c
3 min

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.