(PRESS RELEASE – Vilnius, Lithuania, December 23, 2024)
BingX, a leading global cryptocurrency exchange, has expanded its escrow options with the launch of SEPA and SEPA Instant Payment services for Euro deposits. By introducing these new fiat payment options, BingX enables real-time, fee-free Euro deposits, further streamlining the trading experience for its growing user base.
The Single Euro Payments Area (SEPA) allows BingX users to make seamless euro payments, including transfers and direct debits, across the European Union and in several third countries, all quickly , secure and efficient. An extension of the SEPA network, SEPA Instant is the preferred means of payment for transactions in euros. While SEPA transfers typically take 1-2 business days, SEPA Instant allows deposits to be processed instantly, even on public holidays. By integrating SEPA Instant, BingX guarantees its users unparalleled speed and convenience in funding their accounts, without any transaction fees.
The addition of SEPA Instant brings many benefits to BingX users. Traders can now react instantly to market opportunities by immediately funding their accounts if necessary. Removing these deposit fees provides a cost advantage over competing platforms.
“Our users deserve efficient and cost-effective solutions,” said Vivien Lin, Chief Product Officer of BingX. “By introducing SEPA Instant, we are eliminating the delays and fees associated with euro deposits, providing a real-time funding experience. This upgrade reflects our continued commitment to improving the accessibility and convenience of cryptocurrency trading. Looking ahead, we continue to innovate and expand our services to meet the evolving needs of our global user base, ensuring they can trade with confidence, quickly and easily, wherever they are. are found in the world.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot trading, derivatives, copy trading and asset management, all designed to meet the evolving needs of users, from beginners to professionals. BingX is committed to providing a reliable platform that offers users innovative tools and features to improve their trading skills. In 2024, BingX is proud to become the official crypto exchange partner of Chelsea Football Club, marking its debut in the world of sport.
For media inquiries: media@bingx.com
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