Explosive Growth of TradFi on BingX: Stock Trading Volume Soars 700% in Five Days
The cryptocurrency exchange BingX, which is actively developing its traditional finance (TradFi) segment, has recorded an anomalous surge in activity. Over the past five days, the daily trading volume in the BingX TradFi Stocks section has jumped by more than 700%. This is not just a local success, but a clear signal of a paradigm shift: investors are increasingly seeking a single entry point for different asset classes.
This dynamic is a natural result of the platform's strategy. Over the past two months, the total trading volume of stocks on BingX has exceeded $2.7 billion, while trading in stock indices has reached $8 billion. Platform users, accustomed to the volatility of the crypto market, now have access to shares of giants like SpaceX, NVIDIA, and Samsung, as well as participation in pre-IPO rounds, such as the distribution of OpenAI tokens.
At the heart of this growth is a fundamental trend. Traders are tired of fragmentation. They no longer need to switch between a dozen apps to diversify their portfolio. By combining cryptocurrencies, stocks, indices, commodities, and the forex market in a single interface, BingX has created exactly the environment that is currently in high demand. To fuel interest, the exchange has launched the $1 Million Stock Trading Carnival campaign with a prize pool of $1 million, and also runs monthly themed promotions.
It is worth noting that BingX, founded in 2018, ranks among the top 5 global exchanges by derivatives trading volume and is a pioneer in crypto copy trading. It now serves over 40 million users worldwide.
Expert opinion: A 700% growth in five days is not just a successful promotion. It is an indicator that the market is ripe for the convergence of TradFi and DeFi. Investors no longer want to choose between crypto and stocks. Platforms that can offer seamless access to all markets will become the main beneficiaries of this megatrend in 2025.