BingX Celebrates 40M Users with CeDeFi Innovation and Web3 Investments

BingX seems to be ending the year with quite a bang, marking 40 million users worldwide and rolling out a string of upgrades that show how quickly the digital‑asset world keeps shifting. I remember chatting with a few early‑stage founders at an Arageek event last year who said keeping up with crypto platforms can feel like “trying to catch smoke”. And honestly, they weren’t far off… the pace is wild.

One of the standout moves from BingX is its new hybrid CeDeFi model, launched through something called Chainspot BingX. It’s essentially an attempt to merge the ease and speed of centralised exchanges with the openness and transparency people usually associate with decentralised finance. A bit of a faff to explain at first, but the idea is simple enough: give users more control without forcing them into complicated DeFi setups. I reckon this kind of middle‑ground approach is becoming spot on for users who like flexibility but don’t want the technical headaches.

The platform has also polished both its spot trading and futures products, aiming for smoother, more responsive performance. And believe it or not, copy trading—one of BingX’s biggest claims to fame—has had a serious refresh. Their Copy Trading 2.0 now counts over 400,000 experienced traders, with a cumulative trading volume of 580 million dollars and more than 1.3 billion orders executed. The updated interface is cleaner, and the new customisation tools make it easier for users to follow strategies without getting lost in menu after menu.

What caught my eye, though, was the community‑focused side of things. The BingX Academy has been revamped into a more intuitive learning hub, with expanded educational material for anyone trying to wrap their head around digital assets. From what I’ve seen working with young founders, this kind of accessible knowledge makes a huge difference—especially in a sector where newcomers often feel they’re “supposed to know everything already,” which is definatly not true.

There’s also a push into Web3 investments. Through BingX Labs, the company has committed 16 million dollars to several emerging projects, underlining its ambition to influence where decentralised tech is heading. On the talent front, their TalentX programme is focused on developing the next generation of crypto leaders—something that could serve the wider ecosystem well if executed properly.

On the flip side, BingX has kept up with community support initiatives. Recent contributions include 200,000 dollars to a charity effort in Vietnam and another donation worth 5 million Hong Kong dollars to support a community in Tai Po following a tragic fire. It’s not every day you see exchanges leaning so heavily into social responsibility, so that stood out.

Vivian Lin, BingX’s Chief Product Officer, described passing the 40‑million‑user mark as more than just a milestone, calling it a reflection of the trust the platform has earned. She also hinted at the company’s ongoing push to innovate, noting that this spirit is at the heart of its new campaign, Beyond the Alpha.

To celebrate the achievement, BingX has launched that very campaign—running from 15 to 26 December 2025—with guaranteed prizes, daily tasks, and even a limited‑edition Barista Field Kit. Users can boost their chances by trading, depositing, or inviting friends. And for the first time, the company is also releasing a branded music video highlighting its progress and its focus on keeping products safe, simple, and fast.

All told, it’s been a packed period for BingX. And if the crypto world has taught us anything, it’s that momentum like this rarely slows down for long—you know?

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