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BingX stated that all of its services are fully operational and user assets are unaffected, amid ongoing reports relating to Binance. The broker reported that it is closely monitoring the situation and maintaining its security measures.
BingX announced that it is maintaining normal operations and that user assets remain unaffected amid recent reports concerning Binance. The broker stated it is closely monitoring the situation and emphasized that security remains a central focus. No additional details about the nature of the reports or any related measures were provided.
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BingX is a cryptocurrency exchange established in 2018, offering spot trading, grid trading, conversion, and both standard and perpetual futures across a wide range of popular cryptocurrencies. Users have access to a social trading platform for passive income, a TradingView-based mobile app, and 24/7 customer support, but there is no fiat currency exchange and some withdrawal fees can be high. For more details on its features and trading conditions, see the broker profile on Traders Union.
For context, our previous BingX update on Traders Union covered their report on SNDK perpetual contract liquidity following central bank policy changes. You can review the details in our earlier news about BingX.