BingX, a leading cryptocurrency exchange, has announced a transformation journey focusing on artificial intelligence and Web3, including significant investments and new initiatives.
BingX Investments in Artificial Intelligence
The foundation of the transformation is the BingX AI Evolution initiative, with a $300 million investment. The program focuses on developing intelligent tools for traders, providing real-time data and predictive analytics. New products such as BingX AI and Copy Trading 2.0 aim to enhance trading. As part of this project, over 500 new trading pairs have been added, including 35 focused on AI.
Web3 Development and Talent Training
BingX Labs has made significant investments in Web3, injecting $15 million into projects like Babylon and Fireverse. The launched Global TalentX program aims to support new professionals and students looking to grow in the fast-evolving crypto and Web3 space.
Enhancing Security and Regulatory Compliance
BingX has also confirmed its commitment to regulatory compliance by becoming an approved Virtual Asset Service Provider (VASP) in Korea. To enhance user safety, a $150 million Shield Fund has been established to safeguard against unexpected incidents on the platform.
BingX is setting new standards in the cryptocurrency trading platform industry by combining innovation, security, and community support. The outlook for further development in 2025 is promising, given the planned initiatives.
