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BingX updates its futures offering, reaffirming its place as Top 5 among derivatives platforms

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Written byVivien Lin
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BingX, one of the leading cryptocurrency exchanges globally, has unveiled its new futures trading site. The update comes at a crucial time when the platform is positioned as one of the top 5 derivatives platforms in the world in 2024, according to reports from industry leaders such as CoinGecko and Coinglass. This positioning comes from BingX's trading volume, but also from its strategic brand evolution, alignment with the latest market trends and continuous product and feature innovation.

BingX´s futures offering stands out by providing access to the latest and most popular coins, including trending meme tokens. By offering early market access to these in-demand assets, BingX has established itself as a go-to platform for traders looking to take advantage of emerging opportunities and capitalize on the hottest trends in the crypto space.

Vivien Lin, Chief Product Officer of BingX, shared her thoughts on this milestone:

“This update aims to provide users with a comprehensive understanding of the platform's futures trading capabilities, highlighting its strategic advantages, diverse product offering and innovative features. BingX's ascension to a top-tier position is a testament to our dedication to providing superior trading experiences. We are significantly increasing our investment in futures to further solidify our strategic position within the industry. This forward-thinking approach ensures that we remain at the forefront of innovation, meeting the growing demands of our users and reinforcing our position as a leader in cryptocurrency trading.”

Advanced tools to maximize profits in futures

Perpetual and standard futures: Trade with total flexibility

Currently, BingX offers perpetual futures and standard futures, giving users the flexibility to take long and short positions with various margin modes.

Grid Trading and DCA: Strategies to optimize your investments

For more advanced traders, BingX also provides specialized trading tools, such as grid trading and dollar cost averaging (DCA), allowing users to adapt to different market conditions and maximize their trading potential.

Copy Trading with more than 20,000 elite traders

Since launching its copy trading feature in 2019, BingX has been a pioneer in social trading and is now home to more than 20,000 elite traders offering customizable strategies for users to follow, trade and win.

Innovation and security: How does BingX protect your capital?

BingX futures trading is also known for its innovative features that prioritize user experience. The guaranteed price feature ensures that users can execute trades at pre-set prices without worrying about slippage, even during periods of market volatility. In addition, the dual pricing mechanism protects users from unfair settlements by validating prices through a reliable dual pricing system. BingX's commitment to improving capital efficiency is further reflected in its offering of BingX Capital as futures margin, allowing users to optimize their capital while managing their open positions.

Learn, trade and win: Guides, tutorials and exclusive promotions

To ensure that users of all levels can navigate the platform with ease, BingX offers step-by-step tutorials and beginner's guides to help users quickly learn the platform's functions and trading processes, along with regular promotions to increase participation.

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