BingX, one of the leading cryptocurrency exchanges, has launched BingX Capital, a product that offers a comprehensive asset management service, with the aim of making your idle funds earn interest and produce stable returns.
It is one more step to satisfy the different demands of users for the management of their assets.
BingX Capital is a new type of product from BingX, providing a set of robust financial products for its users to increase their cryptocurrency holdings.
It offers an all-in-one asset management service designed to let the user’s “idle funds work alone” and achieve solid profits.
As of today, BingX Capital provides options for guaranteed core deposits at Annual Percentage Yield (APY) spanning core assets such as BTC, ETH, and USDT.
Currently, BingX Capital’s guaranteed principal deposit option offers two types of earnings: Flexible and Fixed Term (with the possibility of doing so in 30 or 90 days).
Fixed Term Deposits are tailored to users who opt for predictable returns with a competitive APY instead of trading. The longer the deposit time period, the higher the profit.
Meanwhile, Flexible Deposits allow BingX users to make full use of their idle funds. They can make a deposit and recover the funds whenever they see fit. These two modalities are designed to satisfy diverse asset management preferences.
There are no transaction fees associated with making a deposit or recovering funds, ensuring users maximum returns. This new product can be launched as BingX maintains high security and reliability standards.
Being one of the first cryptocurrency exchanges to pass proof of reserves audits, BingX can guarantee reserves to give 100% backing of users’ assets. Additionally, its robust risk management systems, strict security measures, and advanced infrastructure further reinforce that user funds are safe.
“We are excited to introduce BingX Capital because we are convinced that it is the perfect gateway to personalized asset management. This new product will allow BingX users to grow their assets while maintaining access and security over them.
“We are committed to providing competitive APY rates, as well as flexibility and robust security, making BingX Capital a trusted tool for crypto asset management,” Megan Nyvold, Head of Branding at BingX
This guaranteed primary deposit product is just the first on the path to better management of crypto assets from BingX, which remains committed to continually offering new cutting-edge solutions to meet the constantly evolving needs of users.
“Investment in crypto assets is not regulated, it may not be suitable for retail investors and the entire amount invested may be lost”
