The Times Australia
News From Asia

.
The Times Real Estate

.

BingX Launches USDC-Margined Perpetual Swap for its Users

SINGAPORE - Media OutReach - 23 May 2022 - Social trading platform BingX is pleased to launch its USDC-margined perpetual swap. This new product will allow users to trade using their USDC balance on BingX's derivatives exchange.



BINGX523.jpg

Using Bitcoin as an example, traders will be able to place an order based on the quantity of bitcoin and trade with USDC. This new perpetual swap joins other existing offerings on BingX's trading platform.

"Given the current circumstances, everyone is worried about the volatility of the USDT so it is only fitting that we adjust accordingly to meet the changes and market demands. 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 swap, which is relatively more reliable and trusted. BingX will continue to add more value through its new innovative products" said Elvisco Carrington, Global Communications & PR Director at BingX.

Most recently, BingX also launched a financial product that allows traders to invest in a project for a short-term period of 7-days (in USDT), which was very well-received. There will be a second project coming soon and it could very well be in USDC. Stay tuned as BingX will be launching more diversified products and services.

About BingX

Founded in 2018, BingX has grown to become the world's leading social trading platform offering popular coins such as , , , , and . It is a global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric, and open ecosystem with intuitive social trading features to enrich the entire cryptocurrency industry. In the countries and regions where BingX operates, it has registered or obtained financial services licenses recognized and regulated by local governments.

#BingX

The Times Features

Australian businesses face uncertainty under new wage theft laws

As Australian businesses brace for the impact of new wage theft laws under The Closing Loopholes Acts, data from Yellow Canary, Australia’s leading payroll audit and compliance p...

Why Staying Safe at Home Is Easier Than You Think

Staying safe at home doesn’t have to be a daunting task. Many people think creating a secure living space is expensive or time-consuming, but that’s far from the truth. By focu...

Lauren’s Journey to a Healthier Life: How Being a Busy Mum and Supportive Wife Helped Her To Lose 51kg with The Lady Shake

For Lauren, the road to better health began with a small and simple but significant decision. As a busy wife and mother, she noticed her husband skipping breakfast and decided ...

How to Manage Debt During Retirement in Australia: Best Practices for Minimising Interest Payments

Managing debt during retirement is a critical step towards ensuring financial stability and peace of mind. Retirees in Australia face unique challenges, such as fixed income st...

hMPV may be spreading in China. Here’s what to know about this virus – and why it’s not cause for alarm

Five years on from the first news of COVID, recent reports[1] of an obscure respiratory virus in China may understandably raise concerns. Chinese authorities first issued warn...

Black Rock is a popular beachside suburb

Black Rock is indeed a popular beachside suburb, located in the southeastern suburbs of Melbourne, Victoria, Australia. It’s known for its stunning beaches, particularly Half M...

Times Magazine

Lessons from the Past: Historical Maritime Disasters and Their Influence on Modern Safety Regulations

Maritime history is filled with tales of bravery, innovation, and, unfortunately, tragedy. These historical disasters serve as stark reminders of the challenges posed by the seas and have driven significant advancements in maritime safety regulat...

What workers really think about workplace AI assistants

Imagine starting your workday with an AI assistant that not only helps you write emails[1] but also tracks your productivity[2], suggests breathing exercises[3], monitors your mood and stress levels[4] and summarises meetings[5]. This is not a f...

Aussies, Clear Out Old Phones –Turn Them into Cash Now!

Still, holding onto that old phone in your drawer? You’re not alone. Upgrading to the latest iPhone is exciting, but figuring out what to do with the old one can be a hassle. The good news? Your old iPhone isn’t just sitting there it’s potential ca...

Rain or Shine: Why Promotional Umbrellas Are a Must-Have for Aussie Brands

In Australia, where the weather can swing from scorching sun to sudden downpours, promotional umbrellas are more than just handy—they’re marketing gold. We specialise in providing wholesale custom umbrellas that combine function with branding power. ...

Why Should WACE Students Get a Tutor?

The Western Australian Certificate of Education (WACE) is completed by thousands of students in West Australia every year. Each year, the pressure increases for students to perform. Student anxiety is at an all time high so students are seeking suppo...

What Are the Risks of Hiring a Private Investigator

I’m a private investigator based in Melbourne, Australia. Being a Melbourne Pi always brings interesting clients throughout Melbourne. Many of these clients always ask me what the risks are of hiring a private investigator.  Legal Risks One of the ...

LayBy Shopping