**FOR IMMEDIATE RELEASE**
**VILNIUS, October 30, 2024**
BingX, a leading global cryptocurrency exchange platform, is excited to unveil its groundbreaking Multi-Assets Mode for perpetual trading. This innovative feature empowers users to utilize multiple cryptocurrencies—including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC)—as margin for perpetual trading. This advancement significantly enhances capital efficiency and provides traders with increased flexibility in managing their assets.
Vivien Lin, Chief Product Officer at BingX, highlighted the importance of this new offering for traders. “At BingX, we continuously strive to enrich our users' trading experiences. The launch of Multi-Assets Mode marks a pivotal advancement in enhancing both flexibility and efficiency in perpetual trading. This feature allows our users to maintain greater control over their funds, enabling them to trade across various pairs without needing to convert their assets. Our goal is to provide traders with more choices, maximizing the use of their existing resources,” Lin stated.
Historically, perpetual trading has relied on a single-asset margin model, restricting users to a specific cryptocurrency as collateral. With the introduction of Multi-Assets Mode, BingX users can now leverage multiple assets simultaneously. This transformation allows them to fully utilize their cryptocurrency portfolios without the necessity of converting their holdings to USDT or USDC, thereby optimizing their capital for perpetual trading.
Additionally, Multi-Assets Mode facilitates the sharing of margin across different perpetual trading pairs, enabling BingX users to effortlessly allocate funds between USDT-M and USDC-C trading pairs. This newfound flexibility provides traders with enhanced control over their assets, simplifying portfolio management and boosting liquidity across various trading pairs. By allowing users to employ a broader range of assets as collateral, BingX is enabling them to fully capitalize on their portfolios without the hassle of unnecessary conversions, thereby improving overall capital efficiency.
Through the introduction of this feature, BingX reaffirms its dedication to delivering innovative solutions that address the dynamic requirements of cryptocurrency traders. This latest enhancement highlights BingX’s mission to empower users with improved trading options and optimized financial strategies.
**About BingX**
Established in 2018, BingX is a premier cryptocurrency exchange that caters to over 10 million users globally. The platform offers a wide array of products and services, including spot trading, derivatives, copy trading, and asset management, tailored to meet the diverse needs of users, from novices to seasoned traders. BingX is committed to providing a reliable platform that equips users with cutting-edge tools and features to enhance their trading skills. In 2024, BingX proudly became the principal partner of Chelsea FC, marking an exciting venture into the sports arena.
**Media Inquiries:**
[email protected]
**For More Information, Please Visit:**
https://bingx.com/
*This is a press release. Readers are encouraged to conduct their own research before making any decisions regarding the company or its affiliates and services. Bitcoin.com is not liable, either directly or indirectly, for any damages or losses that may arise from or be alleged to arise from the use of or reliance on any content, goods, or services mentioned in this press release.*