BingX has expanded its fiat deposit options by introducing SEPA and SEPA Instant payment services for euro deposits.
The crypto exchange noted that the move allows users to make real-time euro deposits at no cost and, thus, enhances the trading experience for its growing customer base.
The SEPA (Single Euro Payments Area) system facilitates seamless euro transactions, including credit transfers and direct debits, across the European Union and select non-EU countries. SEPA Instant, an advanced extension of the network, processes deposits instantly—even on weekends and holidays—compared to the standard 1–2 business days required for regular SEPA transfers.
With the integration of SEPA Instant, BingX users can now fund their accounts in real time without incurring transaction fees. The exchange noted that the update provides a cost-effective solution and positions the platform competitively against other exchanges.
Vivien Lin, Chief Product Officer of BingX, emphasized the company’s commitment to delivering efficient and user-friendly services.
“Our users deserve efficient and cost-effective solutions,”
Lin stated.
The executive also reassured users that BingX would continue innovating to meet the dynamic needs of its global audience and empower traders to operate confidently and efficiently from anywhere in the world.
This announcement follows BingX’s recent introduction of AUSD on its Launchpool platform. AUSD, the native stablecoin of Agora, is designed to unify liquidity across blockchains and facilitate cross-chain transactions. The campaign offers users the opportunity to stake AUSD, with a total prize pool of 150,000 AUSD.
The Launchpool platform promotes stablecoin adoption by encouraging collaboration among exchanges, fintech platforms, and payment providers. Users can stake AUSD anytime during the campaign, earning hourly rewards credited directly to their accounts. They will also have real-time APY tracking for transparency and the flexibility to withdraw funds anytime.
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