Crypto News

BingX Unveils ChainSpot: A CeDeFi Innovation for Simpler and Safer On-Chain Trading

Panama City, May 8, 2025-the Bingx, a leading global cryptocurrency exchange, boasts to open a chainspot, a feature leading to decentralized tokens users directly from their BINGX accounts-with no need for external wallets or complex on-chain processes.

As part of the 7th anniversary celebration, Bingx became one of the first major exchanges to release such a hybrid product, which signed a brave jumping forward to the evolution of its product.

In the promise of “a faucet, all the chains”, the chainspot introduced an effortless way to explore and exchange on-chain assets while remains fully protected by Bingx's centralized ininfrastructure

As a change in Cedefi, it mixes the best of both centralized and decentralized worlds – offers the ease and reliability of a centralized exchange of openness and change of defi protocols.

Basic Benefits of Chainspot

Designed to make the chain trade simpler and safer, ChainsSpot offers a host of features that enhance the user experience:

  • Improved security: Users enjoy trusted care such as verification of two-factor and cold wallet storage while in contact with decentralized markets.

  • Wide access to the property: seamlessly explore trending defi tokens and new chain projects-no bridges, no external wallet setup required.

  • Smarter discovery: AI -driven filters are rapidly with quality defi projects quickly, reducing the time and noise of research.

  • Cross-chain capabilities: Built for a multi-chain in the future, Chainspot supports cross-chain asset trading that is efficient within a centralized interface.

Vivien Lin, Bingx's chief product officer, commented on the launch: “For the past seven years, Bingx has grown by staying close to our users.

Chainspot is a direct result of listening to their desire for more flexible, decentralized opportunities – without losing the security and comfort of our platform. Our goal with a chainspot is to determine what to access the defi, making it simple, easy to understand, and protected.

This is not just another feature – it is part of a broader vision to develop a financial future where the change meets inclusivity, and where security is joint freedom. “

The chainspot marks a strategic milestone in the evolution of Bingx as a Cedefi enabler. As the platform continues to expand its ecosystem, the more innovative features and improvement of the product are expected in the early months. If you are a timely businessman or just starting in crypto, the chainspot opens the door to Defi's full potential – without friction.

About Bingx

Established in 2018, Bingx is a leading crypto exchange, serving more than 20 million users worldwide. Bingx offers a variety of products and services, including spots, derivatives, copy trading, and asset management – all designed for emerging users' emerging needs, from beginners to professionals.

Bingx focuses on providing a trusted platform that empowers users of innovative tools and features to raise their trading skills.

In 2024, Bingx proudly became the official partner of the Chelsea Football Club's crypto exchange, marked an exciting debut in the sports world.

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This story has been published as a press release of BTCWIRE UNDER HACKERNOON'S BUSINESS BUSINESS Program.

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