BingX Blog Update – 22/03
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There are 2 BingX Blog articles to share today 💕💕💕💕💕💕
BingX Insights
1. Title: Crypto Futures vs. Spot Trading: Which is Right for You?
2. Cryptocurrency trading has evolved significantly over the years, offering investors various avenues to engage with digital assets. Two popular methods that traders often find themselves deliberating over are “futures trading” and “spot trading.” Each comes with its own set of advantages and disadvantages, so deciding which to choose is crucial. In this article, we’ll break down the key differences between crypto futures and spot trading, shedding light on the pros and cons of each to help you determine which suits your trading style best.
https://blog.bingx.com/bingx-insights/24041/
Daily Blog
1. Title: UN Says Half of North Korea’s Foreign Currency Gains Came From Hacks
2. Brief Introduction:
(1) The United Nations Security Council said Thursday that North Korea got around 50% of its foreign currency gains from cyberattacks, including those on cryptocurrency companies, South Korea’s Yonhap news agency reported Friday, citing a UN report. According to Yonhap, the UN Security Council’s report, which assessed 58 suspected cyberattacks on crypto-related firms from 2017 to 2023, stated that North Korean hacks caused losses equivalent to $3 billion. The siphoned funds were then used by North Korea to fund around 40% of the costs of developing weapons of mass destruction, the report said.
(2) Over the past 48 hours, Bitcoin price dropped 13% from its new all-time high of $73,835 to briefly trade near $60,000. The correction was caused by overheated market conditions in what analysts have christened a “pre-halving retrace” ahead of the Bitcoin halving event that is roughly 30 days away. However, a report by CryptoQuant shows that the Bitcoin bull cycle is not over, given the relatively low level of investment flows from new investors and price valuation metrics still below levels seen in past market tops. The on-chain data analytic firm’s Weekly Crypto Report reveals that 48% of Bitcoin investment is coming from short-term holders. The “bull cycle typically ends with 84%-92% of investment” from these new investors, according to CryptoQuant analysts.
https://blog.bingx.com/bingx-daily-en/un-says-half-of-north-koreas-foreign-currency-gains-came-from-hacks/
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🎁 $CHATAI Listing Carnival @_ChatAI_
💰 Share a prize pool up to 40,000 CHATAI!
Details 👇👇
https://bingx.com/en-us/act/template/6821/?randomId=3684120736
💰 5 winners! 25 CHATAI #Giveaway each!
✅ To enter: RT this tweet and tag 5 friends.
X:👇
https://twitter.com/BingXOfficial/status/1770738757794213991
🔈🔈 BingX Spot Listing Notification
🗓 [World Debut] Degen(DEGEN) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-20, 14:00:00 (UTC+0).
🚎 Deposit Available at: 2024-03-20, 13:30:00 (UTC+0).
🚎 Withdrawal Available at: 2024-03-20, 14:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/30142350178841?ch=DEBUT
🔥 The Fourth Bitcoin Halving is coming!
Join BingX BTC Strike It Rich, and witness Bitcoin Halving with us.
A quadrennial event, with trading opportunities not to be missed!
🔗https://bingx.com/en-us/act/btchalving
🚀 More events about halving BTC are on the way. Please stay tuned! 💕💕
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🎁 $ORNJ Listing Carnival @OrangeCryptoHQ
💵 Share a prize pool up to 23,000 ORNJ!
Details 👇👇
https://bingx.com/en-us/act/template/6817?randomId=6582602003
💵 5 winners! 40 ORNJ #Giveaway each!
✅ To enter: RT this tweet and tag 5 friends.
X:👇👇 https://twitter.com/BingXOfficial/status/1770354027097657386
🧩Weekly Word Search.
🫡First come first serve.
🏆One word for $20 bonus.
LFG🚀🚀🚀🚀🚀🚀🚀
📌*One entry per person.
📌*This week's word searched is themed "Mixed Martial Art"
Find the words horizontally, vertically or diagonally.
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🎁 $EGG Listing Carnival @eggdogsolana
💰 Share a prize pool up to 1,291,000 EGG!
Details 👇 https://bingx.com/en-us/act/template/6803/?randomId=2993385792
💰 5 winners! 5,400 EGG #Giveaway each!
✅ To enter: RT this tweet and tag 5 friends.
X:👇
https://twitter.com/BingXOfficial/status/1770016139105751048
🔊🔊 BingX Spot Listing Notification
Eggdog(EGG) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-20, 11:00:00 (UTC+0).
🚌 Deposit Available at: 2024-03-19, 11:00:00 (UTC+0).
🚌 Withdrawal Available at: 2024-03-21, 11:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/30077747427609/?ch=DEBUT
https://bingx.com/en-us/spot/EGGUSDT/?ch=DEBUT
🔊🔊 BingX Spot Listing Notification
[World Debut] ChatAI Token(CHATAI) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-22, 10:00:00 (UTC+0).
🚎 Deposit Available at: 2024-03-21, 10:00:00 (UTC+0).
🚎 Withdrawal Available at: 2024-03-23, 10:00:00 (UTC+0).
💰 10 winners! 10 USDT #Giveaway each!
✅ To enter: Follow @_ChatAI_ , Like and RT this tweet, tag 3 friends.
https://bingx.com/en-us/support/articles/30076420691737/?ch=DEBUT
https://bingx.com/en-us/spot/CHATAIUSDT/?ch=DEBUT
🔊🔊 BingX Spot Listing Notification
Tectum(TET) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-20, 10:00:00 (UTC+0).
🚎 Deposit Available at: 2024-03-19, 10:00:00 (UTC+0).
🚎 Withdrawal Available at: 2024-03-21, 10:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/30051015747225/?ch=DEBUT
https://bingx.com/en-us/spot/TETUSDT/?ch=DEBUT
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🔥 Event Theme: Trade with 0 Risk for Beginners, Copy BingX Elite Traders With One-Click
🔗 Event Link: https://bingx.com/en-us/act/template/6648?randomId=1771921685
🎉 Event Highlights: Beginner-friendly with dual rewards. Copy elite traders and navigate the bull market with ease!
⏰ Event Period: 2024-03-18 10:00 (UTC+8) ~ 2024-03-25 09:59 (UTC+8)
🌏 Eligibility: Open to all users from all regions without Copy Trading trader status.
✅ Event Rules:
1. Register for the event and get a $10 USDT Copytrading Subsidy Voucher. Copy elite traders to share a 50,000 USDT prize pool.
2. Refer friends and get a 10 USDT Bonus each, sharing a prize pool of 20,000 USDT.
X:👇
https://twitter.com/BingXOfficial/status/1769659661865935034
🔊🔊BingX is launching the Brazilian deposit service — Pix in Fiat Deposit.
This newly launched PIX deposit service provides BingX Brazilian users a quick and secure way to deposit or purchase cryptos. By depositing BRL via Pix into your Fiat Account, users can seamlessly convert it to cryptos using our Convert Fiat feature. Enjoy a smoother crypto purchase experience with highly competitive rates.
🪙 Supported Fiat: Brazilian Real (BRL)
💳 Payment Method: Pix
Please refer to: BingX Tutorial | How to Deposit BRL via PIX?
🔈 BingX Spot Listing Notification
Orange(ORNJ) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-19, 12:00:00 (UTC+0).
🚌 Deposit Available at: 2024-03-18, 10:00:00 (UTC+0).
🚌 Withdrawal Available at: 2024-03-20, 12:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/30035447999513/?ch=DEBUT
https://bingx.com/en-us/spot/ORNJUSDT/?ch=DEBUT
🧩Weekly Word Search.
🫡First come first serve.
🏆One word for $20 bonus.
⏰20:00 (UTC+8), Tue, Feb 19
LFG🚀🚀🚀🚀🚀🚀🚀
📌*One entry per person.
📌*This week's word searched is themed "Mixed Martial Art"
Find the words horizontally, vertically or diagonally.
🔊 BingX Spot Listing Notification
🗓 IQ50BeRich(IQ50) Coin Will Be Listed on BingX Spot.
⏰ Trading Available at: 2024-03-17, 07:00:00 (UTC+0).
🚎 Deposit Available at: 2024-03-17, 06:00:00 (UTC+0).
🚎 Withdrawal Available at: 2024-03-17, 07:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/29996317260569/
🔊🔊 BingX Spot Listing Notification
🗓 [World Debut] Smolecoin(SMOLE) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-21, 10:00:00 (UTC+0).
🚎 Deposit Available at: 2024-03-21, 08:00:00 (UTC+0).
🚎 Withdrawal Available at: 2024-03-21, 10:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/30182871269145?ch=DEBUT
BingX Blog Update – 21/03
There are 2 BingX Blog articles to share today
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BingX Insights
1. Title: Blockchain Technology Explained: Beyond Cryptocurrencies
2. In the hectic technology landscape, one term that has gained significant traction in recent years is blockchain, and since you are here, you may already know a lot about it.
While many associate blockchain with cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), its potential goes far beyond just digital coins. In this article, we’ll unravel the fundamentals of blockchain technology and explore how it is reshaping industries beyond the realm of cryptocurrencies.
At its core, a blockchain is a decentralized and distributed ledger that records transactions across a network of computers. Each participant in this network, often referred to as a node, has a copy of the entire blockchain. This design ensures transparency, security, and immutability—characteristics that make it more than just a tool for handling financial transactions.
https://blog.bingx.com/bingx-insights/blockchain-technology-explained-beyond-cryptocurrencies/
Daily Blog
1. Title: SEC Delays Making A Decision On The Hashdex and Ark 21Shares Ethereum ETFs
2. Brief Introduction:
(1) The Securities and Exchange Commission has delayed its decision timeline on whether it will approve the Hashdex Nasdaq Ethereum exchange-traded fund. If approved, the Hashdex ETF will hold spot ether and futures contracts. In a notice filed on Tuesday, the SEC said it would be extending its time to make a decision to May 30, 2024.”The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC said.
(2) Bitcoin price is down today as an uptick in liquidations and recent GBTC outflows negatively impact investor sentiment. The price of Bitcoin dropped 7.2% to as low as $62,400 on March 19 as a broader market correction reinforced BTC’s resistance at the $68,000 level. BTC is now trading 15% below its $73,835 all-time high reached on March 14. More than $640 million worth of BTC flowed out of Grayscale’s spot Bitcoin ETF GBTC on March 18, according to data from BitMEX Research.
https://blog.bingx.com/bingx-daily-en/sec-delays-making-a-decision-on-the-hashdex-and-ark-21shares-ethereum-etfs/
📣 📈BingX Community Market Ups and Downs Guessing Game!
The Federal Reserve is about to announce a new interest rate policy. This guessing game is based on the closing price 12 hours after the interest rate policy is announced.
⏰ Event Time: now until 01:30 UTC+8, Thu, Mar 21.
💰 How to Win:
Please send your guess to the chat in the following format
#FEDBTC BTCPrice: UID:
Example: #FEDBTC BTCPrice: $50,000 UID: XXXXXX
🏆 Winning Rule: The 3 participants whose guesses are closest to the closing price at the end of the event will win!
✨ Rewards: $50 bonus each for 3 winners.
🚨 Notes: Please make sure to submit your guess in the correct format and before the deadline. Once submitted, guesses cannot be changed.
Join the guessing game now and win fantastic rewards! 🚀🔥
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BingX introduces Weekly Traders Spotlight, empowering you to seize future profits!
🔥 Event Announcement: Weekly Traders Spotlight
🔗 Event
Link:https://bingx.com/en-us/act/template/6808?randomId=4840385581
📅 Event Period: 2024-03-20 00:00 ~ 2024-03-26 23:59(UTC+8)
✅ Event Notes: Weekly Traders Spotlight | Copy a trader and win Subsidy Gift Pack worth $30! Split $270,000 prize pool!
🪙 Supported regions: All BingX Copiers
X:👇👇👇
https://twitter.com/BingXOfficial/status/1770361460612571380
🌸 **BingX Community Spring Equinox Blessing Event** 🌸
🌞Dear members of the BingX community,
☀️☀️ As the spring equinox approaches, let's spread warmth and blessings together to welcome the new season. Regardless of where you are or what environment you live in, the spring equinox is a shared festival for all of us, worthy of our gathering to share love and hope.
📆 Web, Mar 20 - Fri, Mar 22
🤑Prize: $20 bonus each for 5 winners manually selected.
🛎How to win:
✅Share your Equinox Blessing to the official chat:
Example:
May the equinox bless you with harmony and balance, as day and night stand in perfect equilibrium
#BIngXEquinoxBlessing UID:xxxxxxxxx
📌Rules
-- Cheating is strictly prohibited in the BingX community. Cheaters will be removed from the event;
-- All rights reserved;
🔈🔈 BingX Spot Listing Notification
🗓 Polyhedra Network(ZK) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-19, 10:30:00 (UTC+0).
🚌 Deposit Available at: 2024-03-19, 09:30:00 (UTC+0)
🚌 Withdrawal Available at: 2024-03-19, 10:30:00 (UTC+0).
https://bingx.com/en-us/support/articles/30092821999897?ch=DEBUT
https://coinmarketcap.com/currencies/polyhedra-network/#Markets?ch=DEBUT
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🎁 $TET Listing Carnival @tectumsocial
💰 Share a prize pool up to 240 TET!
Details 👇 https://bingx.com/en-us/act/template/6801/?randomId=7810269419
💰 5 winners! 0.6 TET #Giveaway each!
✅ To enter: RT this tweet and tag 5 friends.
X:👇
https://twitter.com/BingXOfficial/status/1769990267283886572
BingX Blog Update – 03/19
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There is 1 BingX Blog articles to share today 💕
BingX Insights
1. Title: The Advantages of BingX Dual Price Mechanism
2. If you’re a trader looking for a fair and transparent platform, BingX is the solution you’ve been searching for. Its Dual Price innovative system is designed to eliminate the gap between the market price and spot price, ensuring that you enjoy a fair and transparent market.
The dual price mechanism has been gaining popularity recently due to its ability to provide a more equitable trading environment and prevent mass liquidation of traders’ positions during sharp market fluctuations.
The mark price and the last price it uses help to reduce the risk of price manipulation and other unfair trading practices, providing a level playing field for more equitable trading.
https://blog.bingx.com/bingx-insights/the-advantages-of-bingx-dual-price-mechanism/
🔊BingX Futures Listing Notice
🗓] BingX Perpetual Futures and Standard Futures List SLERF/USDT
👇 Trade Now:
Perpetual Futures: https://swap.bingx.com/en-us/SLERF-USDT/
Standard Futures: https://bingx.com/en-us/futures/forward/SLERFUSDT/
World Debut Alert 🔈
🔈 $SLERF/USDT spot trading is opening soon. @Slerfsol
🔹 Deposits: Open now
🔹 Trading starts: 2024-03-18, 9:50 (UTC)
Trade now 👉 bingx.com/spot/SLERFUSDT/
#MEME #SLERF #SOLANA
X:👇
https://twitter.com/bingxofficial/status/1769666224680771742?s=46&t=o3W24OG0LC0xl2snTaRPdw
🔊🔊 BingX Spot Listing Notification
🗓ether.fi(ETHFI) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-18, 12:30:00 (UTC+0).
🚎 Deposit Available at: 2024-03-18, 10:30:00 (UTC+0).
🚎 Withdrawal Available at: 2024-03-19, 12:30:00 (UTC+0).
https://bingx.com/en-us/support/articles/30038472455321/?ch=DEBUT
https://coinmarketcap.com/currencies/ether-fi-ethfi/?ch=DEBUT
🔊🔊 BingX Spot Listing Notification
🗓 ether.fi(ETHFI) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-18, 10:30:00 (UTC+0).
🚌 Deposit Available at: 2024-03-18, 08:30:00 (UTC+0).
🚌 Withdrawal Available at: 2024-03-19, 10:30:00 (UTC+0).
https://bingx.com/en-us/support/articles/30038472455321/?ch=DEBUT
https://coinmarketcap.com/currencies/ether-fi-ethfi/?ch=DEBUT
🔊🔊 BingX Spot Listing Notification
🗓 Peng(PENG) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-18, 14:00:00 (UTC+0).
🚌 Deposit Available at: 2024-03-18, 12:00:00 (UTC+0).
🚌 Withdrawal Available at: 2024-03-19, 14:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/30034489426329/?ch=DEBUT
https://bingx.com/en-us/spot/PENGUSDT/?ch=DEBUT
🔊 BingX Spot Listing Notification
🗓 [World Debut] SNAP(NAP) Coin Will Be Listed on BingX Spot
⏰ Trading Available at: 2024-03-17, 09:00:00 (UTC+0).
🚎 Deposit Available at: 2024-03-17, 09:00:00 (UTC+0).
🚎 Withdrawal Available at: 2024-03-17, 09:00:00 (UTC+0).
https://bingx.com/en-us/support/articles/30003152016793/
🚀 BingX x Chelsea FC Score Prediction Event
🔵 Celebrate the BingX and Chelsea FC Partnership! Join us in predicting the thrill of football action.
Chelsea FC vs Leicester City
📆Match time: 20:45am (UTC+8), Sun, Mar 17
🎁 $50 Bonus is rewarded to the correct score predictors.
$10 Bonus each to 10 winners from a lucky draw among all participants;
✅ Steps:
1️⃣ Share your prediction for the Chelsea FC vs Leicester City match in this format:
Example: Chelsea FC vs Leicester City 3:1
#ChelseaLeicester UID:xxxxxxxxx
📌 *One entry per user. Multiple entries will lead to disqualification.
📆 Submit your guess before 19:00am (UTC+8), Sun, Mar 17
🎁 Register Now: BingX Account Registration