The most prominent social crypto exchange, BingX, has made history by becoming the first cryptocurrency exchange to introduce copy trading subsidy vouchers. These aim to compensate users for any losses they may incur. Copy trading makes it possible for less experienced traders to automatically replicate the positions opened and maintained by more experienced traders.
Users are able to trade beyond their level of skill, while more experienced traders are given the opportunity to earn more profit by providing assistance to copy traders. BingX, which is the most successful social trading exchange in the market, offers a comprehensive ecosystem in which traders and copiers may congregate, communicate with one another, and make money.
BingX is a social crypto exchange that was established in 2018. It currently serves over 3 million members across more than 100 countries across the world and provides spot, derivatives, and margin trading services. BingX provides a protected, user-friendly, and open channel of communication between its users and the platform’s experienced crypto traders.
Explore Novel Trading Solutions For A Better User Experience
The newly introduced subsidy vouchers for copy trading are intended to assist users in mitigating the risks associated with potential financial losses. BingX will compensate the user for any losses incurred in the copy trade as long as the user enables the copy trading subsidy vouchers (within the denomination of the card and coupon). Users can enter and exit positions using well-known cryptocurrencies including BTC, ETH, MATIC, LUNC, OP, STG, PSG, ADA, SHIB, DOGE, CHZ, and IDO using the copy trading subsidy voucher.
This voucher can be used as a safety net without worrying about losing money on their transactions. BingX is continually exploring innovative approaches to improve the quality of the user experience. On September 22, the trading platform released version 3.14.0 of its iOS and Android mobile trading app. The most recent edition also features a brand new function in the Standard Futures section for monitoring the trader’s current position, which makes trading even more pleasant than before.
Elvisco Carrington, PR and Communications Director, BingX said: “Copy trading is our unique product offering and we are always looking to improve beginners’ trading experience. With the introduction of copy trade subsidy vouchers, new users can easily try out trading strategies without incurring losses. By pioneering new products that directly benefit traders, BingX can maintain its record for innovation.”
Introducing Innovation Coupled With Optimal Security
BingX offers a variety of cryptocurrencies for trading on both its spot exchange and its perpetual exchange. In comparison to the other top 10 controlled and decentralized exchanges (DEX), this is distinctive and stands out much. The leading social crypto exchange allows customers to invest in additional assets, which is a feature that traders may not find elsewhere. Moreover, BingX enables users to invest in a variety of other assets using solely cryptocurrency, including forex pairings, oil, and gold, in addition to the SP500 and other stock markets across the world.
With the launch of BingX’s copy trade subsidy vouchers, the trading platform intends to achieve new heights in the cryptocurrency market. The copy trading service offered by BingX allows customers to delegate their trading responsibilities to another person in their community who they have confidence in without having to entrust that person with their financial resources. It implies that users may put the faith of their cryptocurrency in the hands of an experienced trader, and still not worry that they may steal their money.
Users’ cryptocurrency will remain in their accounts without ever-changing owners, and they will merely replicate the trades that other users make in order to profit from someone else’s prior experience. Since it enables users to make the same transactions as an experienced trader would, as well as make those trades instantaneously and without the requirement that they are online, this new tool offered by BingX is without a doubt one that newcomers would love to use.
