BingX Collaborates with SafePal to Enhance Trading and Increase Liquidity
In a significant move within the crypto industry, BingX has teamed up with SafePal, a versatile non-custodian crypto wallet suite capable of facilitating interactions with both DeFi and CeFi on more than 100 blockchains. This strategic alliance is aimed at enhancing liquidity, refining the user interface, and delivering cutting-edge blockchain solutions.
Highlighted benefits of this partnership include the introduction of sophisticated trading features and tools tailored to spot, contract, and strategic market participants along with an array of refined financial offerings. The synergy created by combining BingX’s expertise in market liquidity with the strengths of SafePal’s decentralized infrastructure is set to significantly upgrade the consumer trading journey.
Vivien Lin, the Chief Product Officer at BingX, highlighted the significance of SafePal’s involvement as an autonomous brokerage within the BingX’s Broker Program, emphasizing that this joint effort is key in streamlining liquidity access and trading processes for their clientele.
“By welcoming SafePal as a self-reliant broker under our growing BingX Exchange Broker Program, we underscore our commitment to swift adaptation and expansion. Our collaboration is a game-changer for user access to liquidity and the seamless execution of trades. The fusion of BingX’s advanced liquidity options with the SafePal wallet infrastructure sets a benchmark in broker service integration, giving traders the edge with superior trading tools.”
The BingX Global Program has been instrumental in forging worldwide partnerships, thereby enabling a wider demographic to engage in crypto trading. The platform has secured a strong standing in the industry, gaining recognition from both partners and user base for the exceptional value it brings to the table. This encourages the active participation of broker platforms in fueling innovation and promoting the growth of DeFi.
Since its inception in 2018, the exchange has amassed over ten million users around the globe, climbing the ranks to be among the elite platforms in the space. Not only has it gained acclaim for its robust platform but also made a mark in the sports domain by securing a spot as the official cryptocurrency exchange for Chelsea Football Club.
The announcement of the BingX and SafePal partnership coincided with the unveiling of the Spot Innovation Zone. The exchange detailed that this specialized area allows trading in both newly introduced and trending tokens, with a commitment to providing a secure and expedient trading environment, further aiding users in identifying promising new projects.
BingX’s dedication to remaining at the forefront of market trends and empowering users to capitalize on opportunities is evident with the launch of the Spot Innovation Zone, asserted Vivien Lin. Highlighting the zone’s capacity to bring early access to high-demand tokens, including those rooted in emerging sectors such as DeSci, Lin drew attention to the success of listed tokens like $RIF and $URO as validation of BingX’s prowess in recognizing high-potential ventures.
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