BingX Takes the Lead in Pre-Market Futures Trading
BingX, a prominent player in the cryptocurrency exchange and Web3 AI landscape, has made headlines by becoming one of the initial platforms to support pre-market futures trading for the World Liberty Financial (WLFI) token. This development positions BingX at the forefront of the rapidly evolving decentralized finance (DeFi) sector, especially concerning the emerging prominence of dollar-backed stablecoins.
On July 2, earlier this year, BingX took a significant step by launching pre-market spot trading for WLFI, allowing its users the opportunity to engage with the token through both leveraged and direct market instruments. This early support exemplifies BingX's commitment to staying ahead of the market trends and providing its customers with prime opportunities in the crypto space.
To celebrate WLFI’s listing, BingX introduced an enticing trading campaign, featuring a special incentive for its users. Customers who complete their first trading transaction of WLFI futures, with a value of 200 USDT or more, will receive a bonus of 50 USDT. Additionally, all participants will have the chance to enter a draw for 200,000 WLFI tokens in a spin-to-win style event.
WLFI serves as the governance token for World Liberty Financial, a platform designed to advance decentralized finance solutions, particularly those centered around USD-backed stablecoins. The WLFI project emphasizes community-led governance, where token holders can participate in voting rights that influence the future of the platform. In its token release strategy, only 20% of the tokens will be available initially, with subsequent releases determined by community consensus, ensuring an organized and democratic approach to the ecosystem's growth.
Vivien Lin, Chief Product Officer at BingX, stated, "Being among the first exchanges to enable WLFI pre-market futures underscores our dedication to offering market access ahead of the curve. WLFI represents a unique example of token-governed protocol evolution. By pairing advanced market access with compelling user incentives, we ensure our community can participate with both clarity and confidence."
BingX’s proactive approach in supporting WLFI highlights its overall mission of providing expansive access to innovative DeFi assets. The company's continuing efforts to diversify its offerings and ensure early access to trending tokens reaffirm BingX’s commitment to a smarter and more inclusive trading ecosystem.
Founded in 2018, BingX boasts a thriving community of over 20 million users worldwide. As a leading crypto exchange, it offers an extensive suite of AI-driven products and services, including derivatives, spot trading, and social trading features tailored for users ranging from novices to proficient traders. BingX aims to foster a trustworthy trading platform equipped with advanced tools designed to enhance users' trading experiences and confidence. In a significant partnership, BingX became the official crypto exchange partner for Chelsea Football Club in 2024, marking its footprint in the sports sponsorship arena.
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BingX continues to lead the charge in creating better opportunities within the cryptocurrency space, and by supporting innovative projects such as WLFI, they are setting a remarkable example of how exchanges can adapt and thrive in an ever-evolving market.