BingX launches Tether Gold Frenzy Season with XAUT rewards

BingX, a global cryptocurrency trading platform, has announced the launch of the Tether Gold Frenzy Season — a limited-time campaign celebrating its ongoing partnership with Tether.
The event will run from May 9 to May 24, 2025 (UTC+8) and offers both new and existing users the chance to win rewards in Tether Gold (XAUT) — a token backed by physical gold.
The campaign coincides with Tether’s Q1 2025 attestation, which reported significant growth in XAUT circulation — now backed by more than 7.7 metric tons of real gold. Against the backdrop of global economic uncertainty, BingX is promoting XAUT as a safe-haven asset for digital portfolios.
Three ways to earn XAUT
Event 1: Tasks for new users
New BingX users can complete specific tasks to earn guaranteed rewards through lucky draw entries — each entry wins a prize, with the top reward being 1 full XAUT.
Requirements include:
- Referring new users who reach at least 100 USDT in trading volume on eligible spot pairs.
- Reaching cumulative spot trading volume milestones between 500 and 200,000 USDT.
- Completing at least 10,000 USDT in cumulative futures trading.
Each user can earn up to 33 draw entries. Trading with stablecoins and zero-fee pairs does not count toward the requirements.
Event 2: Spot trading leaderboard
Open to both new and existing users. Participants trading eligible spot pairs can rank among the top traders and receive gold-backed XAUT rewards:
1st place: XAUT equivalent to 30 grams of gold
2nd place: 20 grams
3rd place: 10 grams
Ranks 4 to 1,000 (with ≥200 USDT volume) share XAUT equivalent to 150 grams of gold, capped at 150 USDT in XAUT per person.
Event 3: Social media airdrop
Participants can earn bonus XAUT by promoting the event on social media and inviting friends. Additional airdrops are available for community engagement and campaign sharing.
XAUT rewards will be calculated based on the 7-day average closing price on BingX Spot prior to the event’s conclusion. This campaign offers traders tangible prizes and the opportunity to diversify with gold-backed digital assets.
Previously, BingX announced its integration with CScalp, a free, high-performance terminal built for active crypto and futures traders.