Bingx Launches BXUSD, Bringing Fund-Based Yield Opportunities To Its Multi-Asset Ecosystem
(MENAFN- Mid-East Info) PANAMA CITY - (ARAB NEWSWIRE ) – BingX, the world's leading multi-asset trading platform, today announced the launch of BXUSD, a yield-bearing savings product backed by investments in a U.S. money market fund managed by Franklin Templeton. The product introduces yield opportunities to the BingX ecosystem, allowing eligible users to receive daily yield distributions while retaining the flexibility to redeem their holdings or use them as margin for USDT-margined futures trading, subject to applicable product terms.
Borderless Finance. AI-Native.
For more information, please visit: This press release is issued through Arab Newswire (
Your digital companion for smarter everyday choices. Built for how you live, earn, and grow. Move money at your pace with AI-powered finance, all in one tap.
Join the waiting list. Earn Through its partnership with Franklin Templeton, BingX has invested in the fund to support the new offering. BXUSD is a yield certificate available exclusively within the BingX platform. Eligible users can subscribe with as little as 0.1 USDT, with no subscription fee. Subscriptions are credited instantly to users' spot accounts at a ratio of 1 BXUSD per USDT. “BXUSD reflects our continued focus on making the multi-asset trading experience more versatile and accessible,” said Kevin Lee, Chief Strategy Officer at BingX.“By bringing fund-based yield into our platform, we're giving eligible users more ways to put their assets to work while maintaining the flexibility to move between savings and trading. It's another step in our broader effort to connect digital assets with opportunities across traditional financial markets.” The launch marks another step in BingX's expansion of its TradFi offerings, broadening the platform's capabilities beyond trading to include fund-based savings. BXUSD offers three core features:-
Daily Yield Distributions: BXUSD offers a variable annual percentage yield (APY), published and updated daily, with earnings automatically distributed in BXUSD.
Yield-Earning Trading Margin: Users can transfer BXUSD to their USDT-margined futures accounts and enable Multi-Assets Mode. Under this mode, each BXUSD counts as 1 USDT of margin while remaining eligible to earn yield, subject to the applicable product terms.
Flexible Redemption Options: Users can choose between fast and standard redemption options, providing flexibility to access their holdings when needed. Fast redemption typically takes approximately one minute, subject to the applicable conditions.
For more information, please visit: This press release is issued through Arab Newswire (
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment