BingX Partners with SafePal to Enhance Trading Features and Liquidity
BingX has partnered with SafePal, a non-custodian crypto wallet suite that supports decentralized finance (DeFi) and centralized finance (CeFi) across over a hundred blockchains. This collaboration aims to enhance liquidity, user experience, and introduce new blockchain services.
The partnership will bring advanced trading features, including tools for spot trading, contracts, and strategic trading, along with upgraded financial products. Combining BingX's market liquidity expertise with SafePal's decentralized platform is expected to provide users with an improved trading experience.
This collaboration highlights BingX’s commitment to service expansion through partnerships with brokers, increasing its influence within the broker community.
BingX Chief Product Officer Vivien Lin noted that SafePal will function as an autonomous broker within BingX’s Broker Program. She stated that this partnership is crucial for enhancing user access to liquidity and seamless trade execution:
“SafePal will serve as an independent broker under the BingX Exchange Broker Program, indicating our rapid adoption and growth. Our partnership with SafePal is pivotal to reshaping how users access liquidity and seamless trading experiences. By integrating BingX's advanced liquidity solutions with SafePal's wallet ecosystem, we’re setting a new standard for broker integration and empowering users with unparalleled tools for trading success.”
BingX's Global Expansion and Industry Influence
The BingX Global Program has facilitated partnerships worldwide, broadening access to crypto trading. The platform has gained a strong reputation in the industry, recognized for delivering exceptional value, which encourages more broker platforms to foster innovation and support DeFi growth.
Founded in 2018, BingX has become a leading exchange with over ten million users globally. It is known for its reliability and became the official crypto exchange of English football club Chelsea, marking its entry into sports.
Spot Innovation Zone: Empowering Users with New Opportunities
This partnership announcement coincided with the launch of the Spot Innovation Zone, an exclusive area for users to trade trending and new tokens. The initiative allows users to discover exciting projects while ensuring a secure and efficient trading experience.
Vivien Lin emphasized that the Spot Innovation Zone reflects BingX's dedication to staying ahead of market trends and helping users capitalize on opportunities. It offers early access to trending tokens, including those based on emerging concepts like DeSci. Tokens such as $RIF and $URO, featured in the Innovation Zone, have shown strong performance, illustrating BingX's ability to identify promising projects.