BingX Enables USDC-Margined Futures Trading

On July 4th, BingX, one of the world’s leading cryptocurrency exchanges, officially launched its USDC-margined futures trading feature. This new service not only enhances trading flexibility but also underscores BingX’s unwavering commitment to innovation and continuous growth in the cryptocurrency sector.

Vivien Lin, BingX’s Product Director, emphasized the company’s dedication to offering traders more flexible options:

At BingX, our goal is to provide an optimal trading experience, allowing traders to operate more efficiently without the need to swap stablecoins. We are committed to empowering our traders with flexible trading options, helping them thrive in the dynamic cryptocurrency market.

BingX’s USDC-margined futures offer a trading experience similar to USDT-margined contracts. This feature enables BingX traders to hold and use USDC directly in their transactions. Specifically, in the BTC/USDC futures contracts, all margin, profits, and losses are settled in USDC, ensuring a transparent and consistent trading environment.

BingX continuously enhances its products and services to meet the evolving needs of cryptocurrency traders. The launch of USDC-margined trading is a testament to BingX’s dedication to providing innovative solutions. This expansion offers traders more choices and increases flexibility in their trading activities.

About BingX

Founded in 2018, BingX has swiftly risen to become a leading cryptocurrency exchange, serving over 10 million users worldwide. BingX offers a wide range of products and services, including spot trading, derivatives, copy trading, and asset management tools. These services are designed to cater to the diverse needs of users, from beginners to professional traders.

BingX is committed to building a reliable platform that provides advanced tools and features to enhance users’ trading experience. In 2024, BingX proudly became the official kit partner of Chelsea Football Club, marking an exciting entry into the world of sports and strengthening its position in the digital finance landscape.

For more details, read the full announcement here. https://blog.bingx.com/bingx-updates/bingx-launches-usdc-margined-perpetual-futures-trading/