BingX is a social trading network that offers derivatives and spot trading services to users across the globe. The network offers an all-inclusive user-centric platform to over 100 countries worldwide.

BingX was designed to uplift the entire cryptocurrency by making it easier for crypto traders to emulate and learn from successful trade methods. The platform prides itself on being the people’s first choice exchange platform by providing a fast-growing market for users and investors alike. BingX connects beginner traders with expert traders through an intuitive, simple, transparent, engaging exchange platform. Using BingX is trading made easier for both expert traders and beginner traders alike.

What Does BingX Have to Offer?

Contract For Difference (CFD)

Contract For Difference is a contract between a buyer and seller in the agreement on the value of a digital asset. It serves as a symbol of agreement between two parties.

Spot and Derivatives Market

Users can trade digital assets in minutes using multiple techniques. In addition, the exchange offers free VST for users to learn about trading or plan their strategies before they embark on real trading.

Spot Grid Copy Trading

The BingX platform incorporates the advantages of Copy trading and those of Grid trading by utilising strategies from expert traders to make money from the volatile nature of crypto assets. Grid trading can be compared to offering liquidity to AMM DEX since it creates a gradual purchase and sells order in a precise price range.

Copy Trading can attract more people than other trading platforms for a simple reason that is because it creates a place where the copy users – and the copy allowers (copy enable) can both be profitable.

VST Token

The rapid increase in new users demanding alternate trading requirements lead BingX to introduce VST Token. VST is an analog token uniquely issued on the BingX platform, and traders use it to practice how to undertakeCopy trading or Standard Contract.

What Is (VST) Token?

Virtual USDT (VST) is an analog token that can only be issued on our BingX exchange. The profits gained from transacting using VST cannot be withdrawn, and doesnt have real value, but it can be utilised as a margin for copy trading or standard Contract for demo trade. However, users have a defined daily limit of 150 VTS, which is calculated by multiplying leverage and Margin.

How to Acquire VST

Users will earn 100,000 VST in their VST Account after completing the registration of their BingX account;

1. Users can then apply at the portal trading page and switch to their VST account located at the icon near the available Margin:
2. The complete VST asset volume ( including Standard Contract and Fund Account) will be lesser 20,000, and Users can only apply once a week.
3. Users who take part in VST competitions can miss the opportunity to acquire VST during the campaign time.
4. Users can access the application portal only through the App

How To Use VST?

Select the desired pair from the Standard Contract webpage on the App to access the ordering page. The user then needs to ensure the VST account has been selected. Beginners will find BingX to be simple to use, while experts, on the other hand, will find it beneficial.

Find out more here.

Conclusion

BingX is a completely certified crypto exchange platform that has been certified by Certik and approved by the government. It’s a chance for traders to execute perfect trading strategies on a clean, smooth, and intuitive platform while benefiting the entire cryptocurrency market.

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.

About BingX

Founded in 2018, BingX has grown to become the world’s leading social trading platform. 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. BingX also constantly updates new projects and price charts such as: Poocoin Chart, Veracity Price, AFEN Price Chart, Saitama & KaikenInu. In the countries and regions where BingX operates, it has registered or obtained financial services licenses recognised and regulated by local governments.