Tuesday, 02 January 2024 12:17 GMT

Bingx AI Breaks 2 Million Users In Just Over Three Months


(MENAFN- The Arabian Post)

BingX AI has surpassed the milestone of two million active users and handled more than twenty million queries since launching in May, marking a significant leap for its AI-driven trading platform. The achievement underscores the rapid uptake of AI tools in digital asset trading and signals BingX's growing influence in the Web3 sector.

BingX AI offers a suite of AI-powered avatars-The Analyst, Strategist, Recommender, Protector and Monitor-that support users at distinct phases of their trading journey. From decoding market charts and suggesting tokens to forecasting trends and simulating risk outcomes, the platform delivers a streamlined, real‐time trading experience. This multi‐modal intelligence relies on a combination of advanced AI engines and extensive trading data sets, designed to support traders across experience levels.

Vivien Lin, Chief Product Officer at BingX, emphasised that the platform is aimed at augmenting rather than replacing human decision‐making:“AI is redefining what's possible in digital asset trading... offering users context, clarity and confidence in one unified platform.” Lin added that hitting two million users is just a step forward and flagged upcoming AI enhancements that promise to elevate the tool's capabilities further.

This milestone aligns with BingX's broader AI Evolution Strategy, a US$300 million initiative to embed AI across its trading ecosystem. The strategy aims to consolidate previously fragmented tools into a seamless, intelligent environment that empowers traders-from novices to professionals-to make better-informed decisions and trade with greater assurance.

Founded in 2018, BingX has grown into a significant player in the crypto and Web3 space, supporting over 20 million users globally across services such as derivatives, spot trading, copy trading and AI tools. Notably, the firm became the official crypto exchange partner of Chelsea Football Club in 2024, expanding its presence beyond fintech into sports sponsorship.

See also Metaplanet Chips In with 775-Coin Bitcoin Boost

The rising appetite for AI-assisted trading reflects a broader trend of digital transformation within the crypto ecosystem, where users increasingly seek sophisticated yet accessible tools to navigate volatile markets. BingX's success with AI avatars may well become a template for how AI interfaces can enrich the trading experience without sidelining user autonomy.

Arabian Post – Crypto News Network

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