Friday, December 27

Cryptocurrency exchange BingX has become the first platform to offer standard futures trading for US stocks. The feature enables users to speculate on the future value of popular US stocks by buying or selling at a predetermined price at a specified time.

The minimum margin requirements for stock futures align with Standard Futures, making it accessible for users with low capital. Copy trading services are also supported, allowing users to follow the strategies of other successful traders. BingX’s Standard Futures account manages all funds, eliminating the need to switch between crypto and non-crypto futures trading.

The platform currently supports top US stocks such as Tesla, Amazon, and Apple, with more stocks expected to be added soon. BingX aims to provide investors of all levels with new and exciting opportunities to trade futures contracts on popular US stocks.

BingX aims to build a comprehensive platform and exploring new and innovative features to enhance the trading experience.

Elvisco Carrington, PR and Communications Director of BingX, said, “We are proud to be the first exchange to offer standard futures trading for US stocks. We believe this new feature will be helpful for investors to enhance their trading options and create a more diversified investment portfolio. Our goal is to provide our users with the best trading experience, and we will continue to innovate and expand our range of financial products and services.”

BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide, with over 5 million users. The platform continues to connect users with expert traders and the platform in a safe and innovative way.

Read Also: Thailand Stock Exchange To Enable Trading With Bitcoin And Other Cryptocurrencies On Its Upcoming Digital Asset Exchange

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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