Dear BingX Community,
As 2024 recently came to a close, I wanted to take a moment to share some of the highlights from this remarkable year. It’s been a year of challenges, but more importantly, it’s been a year of our growth and improvement. Thanks to your continued trust and support, we’ve made significant strides across the board. Here’s a look at what we’ve accomplished together and how we’re preparing for an even better 2025.
A Year of Growth: Stronger Together
2024 was an incredible year for BingX. We saw a huge surge in trading volume — up by 185% compared to 2023 — and our user base expanded to 20 million worldwide. This growth didn’t happen by accident. We focused on making your experience on BingX even better by refining our platform, improving our products, and building partnerships globally. A big part of this was our commitment to regionalization, ensuring that no matter where you’re from, you can access and enjoy BingX with ease.
Smarter Products: New Tools for Traders
Your success as traders drives our commitment to constant innovation, and 2024 was no exception. This year, we rolled out several features to enhance both futures and spot trading.
For futures trading, we introduced Coin-margined and USDC-margined Futures to cater to diverse preferences, along with Pre-launch Futures Trading and 0-slippage Copy Trading for seamless access to emerging markets and strategy replication without slippage. Tools like the Multi-Assets Mode for Perpetual Futures Trading offered greater flexibility, while new offerings such as Altcoin Index Futures and the MartinGale Strategy allowed you to diversify your portfolio and explore advanced trading techniques. To ensure reliability even during market volatility, we added features like the Guaranteed Price Feature and the Dual Price Mechanism, setting us apart as a trading platform built with confidence in mind.
For spot trading, we expanded access to trending and high-potential assets by adding over 1,000 tokens and trading pairs. We also introduced BingX Launchpool and BingX Launchpad, helping you earn passive rewards and access promising projects early. By strengthening our collaboration with project teams, we created targeted campaigns that boosted visibility and engagement, ensuring mutual success for both projects and traders.
A Stronger Platform: Faster, Safer, Better
Behind every trade, there’s a platform designed to support you — and in 2024, we made it stronger than ever. We upgraded our trading engine to deliver faster order execution, reduced latency, and improved system stability, ensuring a seamless experience even during peak trading periods. Both our mobile and web platforms were optimized for performance, making it easier than ever to trade on the go.
Your security remains our top priority. Following a hot wallet incident this year, we worked tirelessly to not only investigate but also upgrade our security infrastructure. From enhanced wallet protection to robust new layers of defense, we’ve fortified our platform to ensure your assets remain safe. We also conducted regular third-party audits to identify and resolve vulnerabilities, reaffirming our dedication to keeping BingX a trusted and secure trading environment.
Expanding Horizons: Deeper Engagement, Greater Recognition
We’ve also received some exciting recognition this year, including the TradingView Best Crypto Exchange award and Centralized Exchange of the Year at Blockchain Life 2024. These accolades highlight our dedication to delivering world-class services, exceptional trading experiences, and cutting-edge innovations that meet the needs of our global community.
Beyond the awards, we’ve worked tirelessly to elevate the industry as a whole. BingX was a prominent voice at numerous global events and conferences last year, where we shared insights, led discussions on the future of crypto, and drove important conversations about technological advancements. These engagements helped position BingX as a thought leader in the evolving blockchain space.
One of the highlights of 2024 was our partnership with Chelsea Football Club, a collaboration that not only strengthened our global brand presence but also bridged the gap between crypto and mainstream audiences. This partnership reflects our vision of building trust, accessibility, and a sense of connection among traders and crypto enthusiasts worldwide. Moreover, we actively expanded our influence into new regions, entering untapped markets and reinforcing BingX as a dominant player on the global crypto stage.
Making a Difference: Giving Back to the Community
At BingX, we believe that our success is intertwined with the well-being of the communities we serve. That’s why 2024 was not only about achieving business milestones but also about making a positive impact on society. This year, we invested heavily in initiatives that prioritize community development and environmental sustainability.
Our CSR efforts included impactful public benefit programs, where we supported local communities through disaster relief campaigns during times of crisis, ensuring that those in need had access to immediate aid. Environmental sustainability was another focus area for BingX, with projects aimed at promoting renewable energy adoption and reducing carbon footprints within the blockchain industry.
To foster knowledge-sharing and empowerment, we launched a variety of educational campaigns and webinars. These programs were tailored to equip users with the tools, resources, and confidence needed to navigate the complex crypto landscape. By collaborating with global influencers and hosting regionalized events, we brought crypto education to communities far and wide, breaking barriers and building stronger regional connections.
Looking Ahead: 2025 and Beyond
As we step into 2025, we remain focused on you. Our commitment to a user-first approach means smarter tools, innovative features, and educational resources to help you navigate the crypto landscape with confidence. Regionalization will continue to drive our efforts, as we expand partnerships and tailor our platform to meet the unique needs of diverse markets.
Above all, BingX is built with your success in mind. We promise to keep listening, improving, and growing alongside you. Together, we’ll make 2025 a year of greater possibilities.
Thank you for being a vital part of our journey. Here’s to another year of shared success and growth!
Warm regards,
Vivien Lin