**FOR IMMEDIATE RELEASE**
**VILNIUS, October 30, 2024**
BingX, a prominent global cryptocurrency exchange platform, is excited to announce the rollout of its groundbreaking Multi-Assets Mode for Perpetual trading. This feature empowers users to leverage a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), as collateral for perpetual trading. This advancement is set to enhance capital efficiency and provide users with increased flexibility in managing their assets.
Vivien Lin, Chief Product Officer at BingX, highlighted the importance of this new functionality for traders. “At BingX, we continuously strive to improve 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 have greater control over their funds, enabling them to trade across various pairs without needing to convert their assets. Ultimately, it’s about providing traders with more options and optimizing their existing resources,” Lin stated.
Historically, perpetual trading has relied on a single-asset margin model, where traders could only use one specific cryptocurrency as collateral. With the advent of Multi-Assets Mode, BingX users can now utilize multiple assets concurrently, unlocking the full potential of their cryptocurrency portfolios without the necessity of converting their holdings into USDT or USDC, thus optimizing their capital for perpetual trading.
Additionally, the Multi-Assets Mode introduces the capability to share margin across various perpetual trading pairs. This functionality allows BingX users to easily allocate funds between USDT-M and USDC-C perpetual trading pairs. This added flexibility gives traders more oversight over their assets, simplifying portfolio management and enhancing liquidity across trading pairs. By enabling a broader range of assets to be used as collateral, BingX empowers users to maximize their portfolios without unnecessary conversions, ultimately increasing overall capital efficiency.
With this innovative feature, BingX reinforces its dedication to providing cutting-edge solutions that cater to the dynamic needs of cryptocurrency traders. This latest enhancement highlights BingX’s mission to equip users with improved trading options and optimized financial strategies.
**About BingX**
Established in 2018, BingX has emerged as a leading cryptocurrency exchange, serving a global community of over 10 million users. The platform offers a diverse array of products and services, including spot trading, derivatives, copy trading, and asset management, all tailored to meet the evolving demands of users ranging from novices to seasoned professionals. BingX is committed to delivering a reliable platform that empowers users with innovative tools and features to enhance their trading skills. In 2024, BingX proudly became the principal partner of Chelsea FC, marking an exciting entry into the sports arena.
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**For further information, visit:**
https://bingx.com/
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