BingX Launches TradFi for Global Commodities, Forex & Stocks Trading

BingX has launched BingX TradFi, a new feature that expands its platform beyond cryptocurrency to include futures trading on traditional financial assets like commodities, forex, stocks, and indices. The service offers access to over 50 underlying assets, including new additions like aluminum and cocoa, and provides leverage options of up to 500 times. It specifically targets the Middle East and North Africa region, where demand for digital access to international markets is growing. The launch represents a significant milestone in blending traditional finance with the crypto trading ecosystem.

Key Points: BingX TradFi Expands Access to Global Financial Markets

  • Trade futures on global assets
  • 50+ underlying commodities, forex, stocks
  • Up to 500x leverage offered
  • Focus on MENA market demand
3 min read

BingX introduces BingX TradFi, expanding access to global financial markets

BingX launches TradFi, enabling futures trading on commodities, forex, stocks & indices. Access 50+ assets with up to 500x leverage.

"BingX TradFi opens up more opportunities for traders and serves our commitment to empowerment. - Vivien Lin"

Panama City, January 10

BingX, a leading cryptocurrency exchange and Web3 AI company, is excited to introduce BingX TradFi, an innovative feature that enables users to trade futures on a diverse range of global assets, including commodities, forex, stocks, and indices. With a remarkable variety in the choice of assets, outstanding trading experience, and top-notch security, BingX TradFi demonstrates its strong capability in providing a comprehensive solution to TradFi for crypto enthusiasts.

With this launch, BingX takes a significant step beyond cryptocurrency trading by integrating real-world financial assets into its platform. BingX TradFi creates an all-in-one portal where users can diversify their portfolios and capitalize on emerging market opportunities, with the recent addition of new commodity assets like aluminum, lead, cocoa, and soybeans, as well as new forex pairs including USDSGD, EURSGD, GBPSGD, and USDBRL. Accessible directly via futures trading, BingX TradFi streamlines the trading experience without additional steps.

For the Middle East and North Africa, where commodities, forex, and global indices play a central role in investment strategies, BingX TradFi addresses the rising demand for access to international markets through digital platforms. The feature aligns with the region's increasing focus on financial innovation, giving traders a more efficient way to engage with global asset classes alongside crypto.

Backed by robust infrastructure and security measures, BingX TradFi offers deep liquidity, low fees, and leverage options of up to 500 times, providing greater flexibility for trading strategies. Step by step, BingX has expanded its ecosystem to cover over 50 underlying assets, including precious metals such as gold and silver, energy resources like oil and gas, major forex pairs such as EURUSD and USDJPY, prominent stocks like TSLA and NVDA, and leading indices such as the S&P 500 and NASDAQ 100.

"In today's dynamic trends in the market, BingX TradFi opens up more opportunities for traders and serves our commitment to empowerment." Vivien Lin, Chief Product Officer at BingX, commented. "Over the years, BingX has established itself as a leader in futures trading, consistently expanding our asset offerings to connect traders with more diverse markets. We are dedicated to driving innovation and making global financial opportunities more accessible to our users."

The addition of BingX TradFi marks another milestone in BingX's evolution, blending traditional financial instruments with the speed, precision, and versatility of cryptocurrency trading. Leveraging its position as one of the top 5 crypto derivatives platforms, BingX TradFi scales up the trading space for users with more possibilities. This launch further solidifies BingX's reputation as a pioneering platform in the crypto space and underscores its efforts to cater to the evolving needs of traders in a fast-changing market.

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 40 million users. BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship. (ANI) Disclaimer: This press release is issued through Arab Newswire (www.arabnewswire.com) -- a press release distribution service for the Arab World, Middle East and North Africa (MENA).

- ANI

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Reader Comments

S
Sarah B
Interesting development. The 500x leverage mentioned is extremely high risk, especially for new investors. While accessibility is good, I hope users educate themselves thoroughly before diving in.
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Priyanka N
Being able to trade commodities like soybeans and cocoa from India is fascinating. It connects us directly to global agricultural markets. But what about the tax implications here? That part is always confusing.
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Rohit P
The all-in-one portal concept is brilliant. Saves the hassle of using multiple apps for crypto, stocks, and forex. If the security is as robust as they claim, this could be a winner.
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Michael C
As someone who trades both in India and internationally, low fees and deep liquidity are key. This looks promising, but I'll wait for some user reviews on the execution speed and customer support.
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Kavya N
More options are always welcome! But I sincerely hope they have strong educational resources for beginners in India. The jump from crypto to futures on commodities is not small. Guidance is needed.

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