BingX Teams Up with SafePal to Boost Liquidity and Trading Innovation

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BingX has established partnership with SafePal to enhance liquidity and trading tools.SafePal is joining BingX’s Broker Program as an independent broker.Spot Innovation Zone offers early access to trending tokens.

BingX has revealed that it has joined forces with SafePal, a non-custodian crypto wallet suite known for supporting decentralized finance (DeFi) and centralized finance (CeFi) across over a hundred blockchains. The partnership aims to boost liquidity, improve user experience, and offer new blockchain services.

The collaboration will introduce new and improved trading features, including advanced tools for spot trading, contracts, and strategic trading, alongside upgraded financial products. It was revealed that combining BingX’s expertise in market liquidity with SafePal’s decentralized platform will provide users with a superior trading experience.

Teaming up with SafePal further demonstrates BingX’s commitment to expanding its services by fostering collaborations with brokers. At the same time, it shows the exchange’s efforts to increase its influence within the broker community.

The Chief Product Officer of BingX, Vivien Lin, stated that SafePal will operate as an autonomous broker within BingX’s Broker Program. She mentioned that their partnership with SafePal is pivotal to improving how users access liquidity and execute trades seamlessly. Vivien explained:

“SafePal will serve as an independent broker under the BingX Exchange Broker Program, indicating our rapid adoption and growth. Our partnership with SafePal is a pivotal step in 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

BingX Global Program has been instrumental in forming partnerships around the world and opening the door of crypto trading to more people. The platform has established a strong reputation within the industry, recognized by users and partners for providing exceptional value. Consequently, it invites more broker platforms to join in driving innovation and supporting the growth of decentralized finance.

The exchange, founded in 2018, has grown to become one of the leading platforms, with over ten million users globally. Known for offering a trustworthy platform, it became the official crypto exchange of the English football club Chelsea, marking its entry into the world of sport.

Spot Innovation Zone: Empowering Users with New Opportunities

The partnership was announced following the launch of the Spot Innovation Zone. The exchange explained that this initiative is an exclusive space for users to trade trending and new tokens. It stated that the program helps users discover exciting projects while offering a secure and fast trading experience.

Vivien Lin emphasized that the launch of the Spot Innovation Zone shows BingX’s focus on staying ahead of market trends and helping users seize opportunities. It provides users with early access to trending tokens, including those based on emerging concepts like DeSci. Tokens like $RIF and $URO, listed in the Innovation Zone, have performed well. She asserted that this success proves BingX’s ability to identify promising projects.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Temitope Olatunji

Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games. 

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