BingX Introduces USDC-Margined Perpetual Futures to its Users

The new product by the platform will allow users to trade using their USDC balance on its derivatives exchange.

Written By:
Renuka Tahelyani

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The global social trading platform for digital assets, spot trading, and derivatives BingX has launched its USDC-margined perpetual swap. 

BingX provides an open ecosystem with intuitive social trading features for users to trade their favorite assets, such as BTC, ETH, USDC, ANC, and STEPN. 

The new product by the platform will allow users to trade using their USDC balance on its derivatives exchange. Perpetual swaps are an increasingly popular way to trade USD Coin (USDC) using margin trading. 

Citing the volatility of USDT in recent times Elvisco Carrington, Global Communications & PR Director at BingX commented on the announcement saying, “Over the past week, we’ve been listening to the cries of users and have sought to answer their prayers by launching our USDC-margined perpetual futures, which is relatively more reliable and trusted. BingX will continue to add more value through its new innovative products.”

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Renuka Tahelyani is a CA student, enthusiastic about everything Finance. She is still a wanderer in the crypto world aiming to keep up. When she is not reading a business journal she is either engrossed in a novel or planning an imaginary trip with imaginary cool people.