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BingX Unveils ChainSpot for CeDeFi Trading

9 May 2025
in Business, News
Reading Time: 3 mins read
102 6
Home Business

BingX has unveiled ChainSpot, a groundbreaking CeDeFi (Centralized-Decentralized Finance) feature to simplify and secure on-chain trading. Launched as part of the platform’s 7th anniversary celebrations, ChainSpot positions BingX as one of the first major crypto exchanges to introduce such a hybrid product, marking a pivotal milestone in its continued evolution.

Building on its commitment to user-focused innovation, ChainSpot offers a seamless way for users to access decentralized tokens from BingX accounts, avoiding needing external wallets or complex processes. It combines the security and simplicity of centralized exchanges with the innovation of DeFi protocols, enabling easy trading of on-chain assets. The slogan “One Tap, All Chains” highlights the intuitive and secure nature of multi-chain trading.

To enhance user experience further, ChainSpot integrates several key features. These include enhanced security measures such as two-factor authentication and cold wallet storage, ensuring users remain protected while interacting with decentralized markets. The platform also simplifies access to trending DeFi tokens and emerging projects by removing the need for bridges or wallet installations. An AI-powered discovery system helps surface high-quality DeFi projects quickly, while cross-chain compatibility allows trading across multiple blockchain networks, all from within the BingX platform.

Commenting on the launch, Vivien Lin, Chief Product Officer at BingX, highlighted that ChainSpot directly responds to community feedback:

“Over the past seven years, BingX has grown by staying close to our users. ChainSpot is a result of listening to their desire for more flexible, decentralized opportunities  without compromising the security and convenience of our platform.”

In addition to the product launch, BingX is celebrating its seventh anniversary with a $2.2 million giveaway campaign. From April 24 to May 26, 2025, the month-long event features a series of interactive activities for both new and existing users. These include games, trading competitions, and social challenges designed to engage the community and reward user participation.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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