BingX has recently declared a partnership with SafePal, a non-custodial crypto wallet suite that spans over 100 blockchains and supports both decentralized finance (DeFi) and centralized finance (CeFi). The objective of this alliance is to boost liquidity, enhance user experience, and introduce innovative blockchain services.
The cooperation will introduce novel and improved trading features, such as sophisticated tools for spot, contract, and strategic trading, along with upgraded financial products. It is evident that by combining BingX’s proficiency in market liquidity with SafePal’s decentralized platform, users will enjoy a more favorable trading experience.
Vivien Lin, BingX’s Chief Product Officer, stated that SafePal will function as an independent broker within the BingX’s Broker Program. She emphasized that their collaboration with SafePal is crucial for augmenting users’ access to liquidity and facilitating effortless trading.
“SafePal will act as an independent broker under the BingX Exchange Broker Program, signifying our rapid expansion and adoption. Our partnership with SafePal is a significant milestone in revolutionizing how users obtain liquidity and seamless trading experiences. Through the integration of BingX’s advanced liquidity solutions with SafePal’s wallet ecosystem, we are establishing a new benchmark for broker integration and equipping users with unmatched tools for trading success.”
The BingX Global Program has been instrumental in forging global partnerships and enabling a larger number of individuals to engage in cryptocurrency trading. The platform has garnered a solid reputation in the industry and is recognized by partners and users for delivering exceptional value. Consequently, it spurs other broker platforms to contribute to promoting innovation and advancing the progress of decentralized finance.
Launched in 2018, the exchange has amassed over ten million members globally and has evolved into one of the leading platforms. Renowned for providing a dependable platform, it made inroads into the sports industry by becoming the official cryptocurrency exchange of Chelsea, an English football team.
The announcement of the BingX SafePal partnership followed the inauguration of the Spot Innovation Zone. The exchange clarified that customers can trade both novel and trending tokens in this exclusive zone. It claimed that the application offers a secure and rapid trading experience while aiding users in discovering captivating projects.
Vivien Lin pointed out that the establishment of the Spot Innovation Zone reflects BingX’s dedication to staying at the forefront of market trends and facilitating users’ opportunity capture. It grants users early access to popular tokens, including those based on emerging concepts like DeSci. Tokens spotlighted in the Innovation Zone, such as $RIF and $URO, have exhibited strong performance. She contended that this accomplishment attests to BingX’s ability to identify promising projects.
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