BingX Introduces a $150 Million Safeguard Fund to Establish Higher Standards for User Security
Unleashing the $150M BingX Shield Fund: A Game-Changer in Crypto Security
Hey there! Let's dive into the world of cryptocurrency with a fascinating development – BingX's new self-funded Shield Fund, a whopping $150 million safety net for users against cyber threats and market volatility. This move exemplifies BingX's dedication to transparency, responsibility, and user-oriented crypto trading.
Panama City, June 5, 2025 - BingX, a leading global cryptocurrency exchange and Web3 AI company, proudly presents the Shield Fund. This permanent safety reserve, designed to guard users against unanticipated cyber threats and market turmoil, operates round-the-clock to guarantee prompt response during crises. Such commitment to swift action mirrors BingX's steadfast vision to serve its users first.
The Shield Fund is built on a foundation of continuous internal audits and dynamic risk assessments, adaptable to the ever-changing demands of the digital market. This protective layer gives BingX users the priceless assurance of real-time protection and tranquility, solidifying BingX's status as a pioneer in secure crypto trading.
As quoted by Vivien Lin, BingX's Chief Product Officer, "The Shield Fund personifies our unwavering user-first vision. It's more than a financial safeguard – it's a testament to our commitment to constructing a transparent, progressive trading environment.” Lin continued, "Our growth leads to expanded responsibility, and we strive to equip users with tools and systems that foster confidence, resilience, and sustainable trust."
In addition to implementing Proof-of-Reserve, the Shield Fund marks the next milestone in BingX's mission to optimize platform integrity and user protection. Together, these advancements form a robust framework for a more transparent, secure, and accountable trading environment. BingX's unwavering commitment to pioneer proactive safety measures and cutting-edge infrastructure innovations guarantees users' interests remain at the forefront.
A Brief Overview of BingX
Established in 2018, BingX is a prominent cryptocurrency exchange and Web3 AI company with a global user base exceeding 20 million. Operating an array of AI-powered products, such as derivatives, spot trading, and copy trading, BingX caters to users of all experience levels, from beginners to experts, with tools crafted to amplify both performance and confidence. BingX's mission is to foster a trustworthy and intelligent trading platform. In 2024, the company made headlines by becoming the Chelsea Football Club's official crypto exchange partner, debuting in the realms of sports sponsorship.
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- The Shield Fund, a $150 million protective measure against cyber threats and market volatility, is a testament to BingX's commitment to user-oriented crypto trading and transparency.
- Built on a foundation of continuous internal audits and dynamic risk assessments, the Shield Fund is an integral part of BingX's mission to optimize platform integrity and user protection.
- As a leading global cryptocurrency exchange and Web3 AI company, BingX boasts a diverse suite of AI-powered products including derivatives, spot trading, and copy trading, appealing to users of all experience levels.
- BingX's unwavering dedication to pioneering proactive safety measures and cutting-edge infrastructure innovations underscores their focus on prioritizing user interests.
