With a second office now in Europe, BingX is committed to developing and building an open, inclusive, high-net-worth cryptocurrency investment market to serve investors around the world.įounded in 2018, BingX has grown to become the world’s leading social trading platform. BingX is based on a broader global market and is trusted by investors from all over the world thanks to its secure and regulated platform. We will continue to expand into other European markets in due course” – Elvisco Carrington, PR & Communications Director, BingXīingX spans across diverse markets and a global community of users, there is a high demand for a secure and compliant crypto asset system. “ Considering the growing adoption in Germany, BingX has decided to strategically expand into this market and support users in making crypto trading easy through our social trading platform. Also, the team will be working on adding German, the native language of the country, to the platform.
As of 2021, approximately 2.6% of Germans have used or are using cryptocurrency and 44% of Germans are interested in investing in crypto.īingX will add resources to support its new German users, enabling them to buy, sell and trade cryptocurrencies on the BingX platform. This penetration and rapid growth in adoption have not gone unnoticed. Germany was the first country to adopt a blockchain strategy, paving the way for the advancement of blockchain technology, Web3, and metaverse applications in various sectors. This follows the opening of its Lithuania office in April. Singapore, Singapore, 29th July, 2022, Chainwire - BingX, the leading social trading exchange offering USDC options, has announced its expansion of operations into Germany. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Disclaimer: This is a sponsored press release.