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  • Advanced Perspectives in Behavioral Financial Planning: Analyzing Cognitive Biases and Retirement Strategies

    In the realm of advanced financial planning, the integration of behavioral finance principles can offer deep insights into client decision-making and financial behavior. As students and professionals delve into these complexities, understanding master-level questions related to behavioral financial planning is crucial. This blog post explores two critical questions in the field, providing comprehensive theory-based answers that highlight the role of a financial planning homework helper in mastering these concepts.

    Understanding Behavioral Biases in Financial Decision-Making

    Behavioral finance examines how psychological factors influence financial decisions. One key aspect is understanding the impact of cognitive biases on decision-making processes.

    Question: How do cognitive biases such as overconfidence and loss aversion affect financial planning and investment decisions?

    Theory-Based Answer:
    Cognitive biases significantly impact financial decision-making, often leading to suboptimal investment choices and financial strategies. Overconfidence, for example, leads investors to overestimate their knowledge and ability to predict market movements. This bias can result in excessive trading and risk-taking, as investors believe they have superior insights compared to the market.

    Loss aversion, another critical bias, refers to the tendency to prefer avoiding losses over acquiring equivalent gains. This bias can cause investors to hold onto losing investments longer than they should, driven by the fear of realizing a loss. As a result, they might miss opportunities for recovery or better investment options.

    Understanding these biases is essential for financial planners, as they must account for these psychological factors when developing strategies and advice for clients. A financial planning homework helper at https://www.financeassignmenthelp.com/financial-planning-assignment-help/ can provide valuable guidance in analyzing how these biases affect client behavior and how to mitigate their impact through tailored financial plans.

    The Role of Behavioral Financial Planning in Retirement Strategies

    Behavioral finance also plays a crucial role in retirement planning, where understanding clients' psychological tendencies can lead to more effective strategies.

    Question: How can behavioral finance principles be applied to enhance retirement planning strategies?

    Theory-Based Answer:
    Behavioral finance principles can be applied to retirement planning by addressing common psychological pitfalls that affect saving and investment behaviors. One approach is to utilize automatic enrollment and escalation features in retirement plans. These mechanisms leverage the principle of inertia, whereby individuals are more likely to remain enrolled in a plan and increase their contributions over time if these options are presented as the default.

    Additionally, framing effects can be used to improve retirement savings rates. For instance, presenting savings goals in terms of future income replacement rather than lump-sum amounts can help individuals better understand the long-term benefits of saving and investing. This approach aligns with the concept of mental accounting, where individuals categorize and manage their finances based on specific mental frameworks.

    Moreover, implementing personalized financial plans that address individual biases and preferences can enhance retirement outcomes. A financial planning homework helper can assist students in applying these behavioral insights to develop strategies that account for various psychological factors, ensuring more effective and tailored retirement planning.



    #financeassignmenthelp #college #university #education #student #CorporateFinance #BehavioralFinance #FinancialPlanning #PublicFinance #PersonalFinance

    Advanced Perspectives in Behavioral Financial Planning: Analyzing Cognitive Biases and Retirement Strategies In the realm of advanced financial planning, the integration of behavioral finance principles can offer deep insights into client decision-making and financial behavior. As students and professionals delve into these complexities, understanding master-level questions related to behavioral financial planning is crucial. This blog post explores two critical questions in the field, providing comprehensive theory-based answers that highlight the role of a financial planning homework helper in mastering these concepts. Understanding Behavioral Biases in Financial Decision-Making Behavioral finance examines how psychological factors influence financial decisions. One key aspect is understanding the impact of cognitive biases on decision-making processes. Question: How do cognitive biases such as overconfidence and loss aversion affect financial planning and investment decisions? Theory-Based Answer: Cognitive biases significantly impact financial decision-making, often leading to suboptimal investment choices and financial strategies. Overconfidence, for example, leads investors to overestimate their knowledge and ability to predict market movements. This bias can result in excessive trading and risk-taking, as investors believe they have superior insights compared to the market. Loss aversion, another critical bias, refers to the tendency to prefer avoiding losses over acquiring equivalent gains. This bias can cause investors to hold onto losing investments longer than they should, driven by the fear of realizing a loss. As a result, they might miss opportunities for recovery or better investment options. Understanding these biases is essential for financial planners, as they must account for these psychological factors when developing strategies and advice for clients. A financial planning homework helper at https://www.financeassignmenthelp.com/financial-planning-assignment-help/ can provide valuable guidance in analyzing how these biases affect client behavior and how to mitigate their impact through tailored financial plans. The Role of Behavioral Financial Planning in Retirement Strategies Behavioral finance also plays a crucial role in retirement planning, where understanding clients' psychological tendencies can lead to more effective strategies. Question: How can behavioral finance principles be applied to enhance retirement planning strategies? Theory-Based Answer: Behavioral finance principles can be applied to retirement planning by addressing common psychological pitfalls that affect saving and investment behaviors. One approach is to utilize automatic enrollment and escalation features in retirement plans. These mechanisms leverage the principle of inertia, whereby individuals are more likely to remain enrolled in a plan and increase their contributions over time if these options are presented as the default. Additionally, framing effects can be used to improve retirement savings rates. For instance, presenting savings goals in terms of future income replacement rather than lump-sum amounts can help individuals better understand the long-term benefits of saving and investing. This approach aligns with the concept of mental accounting, where individuals categorize and manage their finances based on specific mental frameworks. Moreover, implementing personalized financial plans that address individual biases and preferences can enhance retirement outcomes. A financial planning homework helper can assist students in applying these behavioral insights to develop strategies that account for various psychological factors, ensuring more effective and tailored retirement planning. #financeassignmenthelp #college #university #education #student #CorporateFinance #BehavioralFinance #FinancialPlanning #PublicFinance #PersonalFinance
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    Get expert financial planning assignment help from seasoned professionals. Timely delivery & customized solutions. Contact us today!
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  • Energy Harvesting Technologies Segment Key Players, Drivers, Regional, Competitive Landscape and Forecast 2020-2030

    Energy Harvesting Technologies-Overview

    The intensified progress of IoT is anticipated to guide the energy harvesting system market in 2020. The semiconductor & electronics reports are formed by Market Research Future, which presents market options for progress. An intensifying CAGR is estimated to shape the global market in the impending period.

    The inclination of the general population towards energy conservation is estimated to expand the energy harvesting technologies market. Also, the focus on safe and durable power sources development is predicted to create a novel scope for expansion in the energy harvesting system market.

    Get a FREE Sample PDF@ https://www.marketresearchfuture.com/sample_request/1167

    Competitive Analysis

    The backing from administrative bodies around the world is escalating because the market requires an additional impetus to attain regularity in such a situation. The proficiency of contestants to encourage transformation in the market is growing at a fixed rate in the approaching period. The stress on modernization is appraised to see an upswing in the coming years, as the user requirements have to be tackled in an improved manner to safeguard the revival of the worldwide market. Additionally, the prerequisite to espouse a speedy and lucrative method of management is expected to influence the market in the approaching period. The conflict in the forces of demand and supply is appraised to produce a measured development context in the market. The prerequisite to alleviate losses borne by the current public health crisis is appraised to be the sole focus of the market candidates in the forthcoming years. Also, the requirement to boost industries is estimated to takes into account the influence of their decisions is evaluated to shape the expansion of the market in the forthcoming phase.

    The eminent contenders in the Energy Harvesting Technologies include Fujitsu (Japan), Honeywell International Inc.(U.S.), STMicroelectronics (Switzerland), Siemens AG (Germany), Microchip Technology Inc. (U.S.), ABB Limited (Switzerland), Convergence Wireless (U.S.), Cymbet Corporation (U.S.), and Texas Instruments (U.S.) among others.

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    Segmental Analysis

    The segmental investigation of the energy harvesting system market is carried out on the basis of components, methods, sensors, application and region. The application-based segmentation of the energy harvesting system market comprises of automation, consumer electronics, industrial, and transportation, among others. Based on the components, the energy harvesting system market is segmented into batteries, solar cells, capacitors, transistors, controllers, and switches, among others. Based on the methods, the energy harvesting system market is segmented into photovoltaic, vibration, and thermal, among others. Based on the sensors, the energy harvesting system market is segmented into pressure, humidity, temperature, and IR, among others. Based on the regions, the energy harvesting system market is segmented into the Americas, Europe, the Middle East, Asia Pacific and Africa.

    Enquire for Discount@ https://www.marketresearchfuture.com/check-discount/1167

    Detailed Regional Analysis

    The regional review of the energy harvesting system market is segmented into the Americas, Europe, the Middle East, Asia Pacific and Africa. The regional market of North America is leading the energy harvesting system market. The extraordinary growth in the arena of technology and substantial investment by the vital companies in research and development and new product introductions are some of the foremost factor backing up the market development. The swift demand from the housing sector as prices of electricity in the region are increasing gradually. The European region stands as the second biggest market for energy harvesting system owing to developing consciousness about the assistance offered by the energy harvesting system. The region will exhibit constructive growth rate owing to the government initiatives towards the elevation of carbon-free energy. The market in the Asia Pacific has appeared as the fastest producing market. The expansion of the Asian countries is anticipated to generate huge demand in the near future. The central companies are also focusing on Asian countries and making financing towards the market of energy harvesting system.
    Energy Harvesting Technologies Segment Key Players, Drivers, Regional, Competitive Landscape and Forecast 2020-2030 Energy Harvesting Technologies-Overview The intensified progress of IoT is anticipated to guide the energy harvesting system market in 2020. The semiconductor & electronics reports are formed by Market Research Future, which presents market options for progress. An intensifying CAGR is estimated to shape the global market in the impending period. The inclination of the general population towards energy conservation is estimated to expand the energy harvesting technologies market. Also, the focus on safe and durable power sources development is predicted to create a novel scope for expansion in the energy harvesting system market. Get a FREE Sample PDF@ https://www.marketresearchfuture.com/sample_request/1167 Competitive Analysis The backing from administrative bodies around the world is escalating because the market requires an additional impetus to attain regularity in such a situation. The proficiency of contestants to encourage transformation in the market is growing at a fixed rate in the approaching period. The stress on modernization is appraised to see an upswing in the coming years, as the user requirements have to be tackled in an improved manner to safeguard the revival of the worldwide market. Additionally, the prerequisite to espouse a speedy and lucrative method of management is expected to influence the market in the approaching period. The conflict in the forces of demand and supply is appraised to produce a measured development context in the market. The prerequisite to alleviate losses borne by the current public health crisis is appraised to be the sole focus of the market candidates in the forthcoming years. Also, the requirement to boost industries is estimated to takes into account the influence of their decisions is evaluated to shape the expansion of the market in the forthcoming phase. The eminent contenders in the Energy Harvesting Technologies include Fujitsu (Japan), Honeywell International Inc.(U.S.), STMicroelectronics (Switzerland), Siemens AG (Germany), Microchip Technology Inc. (U.S.), ABB Limited (Switzerland), Convergence Wireless (U.S.), Cymbet Corporation (U.S.), and Texas Instruments (U.S.) among others. Buy Now report with Industry Analysis@ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=1167 Segmental Analysis The segmental investigation of the energy harvesting system market is carried out on the basis of components, methods, sensors, application and region. The application-based segmentation of the energy harvesting system market comprises of automation, consumer electronics, industrial, and transportation, among others. Based on the components, the energy harvesting system market is segmented into batteries, solar cells, capacitors, transistors, controllers, and switches, among others. Based on the methods, the energy harvesting system market is segmented into photovoltaic, vibration, and thermal, among others. Based on the sensors, the energy harvesting system market is segmented into pressure, humidity, temperature, and IR, among others. Based on the regions, the energy harvesting system market is segmented into the Americas, Europe, the Middle East, Asia Pacific and Africa. Enquire for Discount@ https://www.marketresearchfuture.com/check-discount/1167 Detailed Regional Analysis The regional review of the energy harvesting system market is segmented into the Americas, Europe, the Middle East, Asia Pacific and Africa. The regional market of North America is leading the energy harvesting system market. The extraordinary growth in the arena of technology and substantial investment by the vital companies in research and development and new product introductions are some of the foremost factor backing up the market development. The swift demand from the housing sector as prices of electricity in the region are increasing gradually. The European region stands as the second biggest market for energy harvesting system owing to developing consciousness about the assistance offered by the energy harvesting system. The region will exhibit constructive growth rate owing to the government initiatives towards the elevation of carbon-free energy. The market in the Asia Pacific has appeared as the fastest producing market. The expansion of the Asian countries is anticipated to generate huge demand in the near future. The central companies are also focusing on Asian countries and making financing towards the market of energy harvesting system.
    WWW.MARKETRESEARCHFUTURE.COM
    Energy Harvesting System Market Size Forecast 2027 | Industry Share Reports
    Global Energy Harvesting System Market size is projected to reach USD 817.2 million over 2020-2027, By Regional Analysis, North America holds the largest share in the global energy harvesting system market, followed by Europe, and the Asia Pacific region | Energy Harvesting System Industry
  • BingX Launches Advanced System to Expedite Onboarding for Traders to Provide Copy Trading

    BingX (https://bingx.com/en-us/register/), the world’s leading crypto exchange with unique features of copy trading (https://bingx.com/en-us/traders/), has announced its upgraded trader onboarding system and became the first to launch traders Intelligent Review System, which makes it easier and faster for traders to get onboard and blend in. BingX is always committed to building up a leading, innovative, and ecological system for copy trading, where talent-oriented and technology-driven is the key to keeping stable and healthy growth with a closed loop for all traders.

    BingX optimized trader application procedure based on the principle of openness, fairness, efficiency, and transparency. Compared to common manual review on the market, this first-ever Intelligent Review System specifies necessary requirements and documents in advance so that all these can be collected and submitted in one time. Qualified traders are able to be approved online within minutes instead of days, after which they will receive a detailed guide directing them to global exposure and promising income.

    As the first and largest crypto social trading platform, BingX invites crypto traders all around the world to join in and scale new heights on this platform. With ample experience at this racetrack, BingX knows how to take traders to the next level and customised strategies are developed for copy traders at different stages.

    For example, professional copy traders will be richly rewarded on BingX. According to the BingX Elite Trader Program, copy traders are able to rank up as you keep digging. Higher tier traders are able to enjoy higher profit share rate from copy trading. Gold traders and above will receive a monthly salary up to USD 1,000 from BingX. Besides, copy traders on BingX are entitled to exclusive Fund Management Remuneration, a daily cash bonus equivalent to a specific percentage of your total assets under copy. And this percentage ascends accordingly as well.

    Meanwhile, BingX provides copy traders with exclusive exposures on websites, apps, communities, and SNS, which helps incubate potential copiers. This is crucial especially for newly-joined traders. BingX also selects copy traders to conduct marketing promotions every week, including but not limited to AMA and exclusive posters. Top-performed copy traders will be invited as guests to share their insightful experiences and increase personal influence hereby.

    As one of the major leaders in copy trading, BingX has achieved outstanding market-beating results in this section. For instance, BingX is the only crypto exchange that incubates elite traders with over 10,000 copiers, and the only one supporting copy trading both on BingX and other platforms through API access. BingX keeps exploring all possibilities and launching groundbreaking products such as Copy Trading Subsidy Voucher, which helps cover possible trading losses, and Elite Trader Program, which aims to provide more protection to users and attractive rewards to elite copy traders on BingX.

    “We welcome excellent traders of different trading strategies. It is exciting to build up a diversified and sound community where users are free to copy traders according to their trading preference,” said Elvisco Carrington, PR and Communications Director at BingX. “For those looking for a safe and stable platform to improve trading skills and following copiers, BingX is your perfect choice. You’ll be joining a leading collaborative community where you can share, learn, and earn. BingX is expecting you with open arms.”

    About BingX
    Founded in 2018, BingX is a leading crypto exchange that offers BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ) and LUNA USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) derivatives and Copy Trading service to more than 100 countries and regions worldwide with over 5 million users. BingX connects users with expert traders and the platform in a safe, leading, and innovative way.
    BingX Launches Advanced System to Expedite Onboarding for Traders to Provide Copy Trading BingX (https://bingx.com/en-us/register/), the world’s leading crypto exchange with unique features of copy trading (https://bingx.com/en-us/traders/), has announced its upgraded trader onboarding system and became the first to launch traders Intelligent Review System, which makes it easier and faster for traders to get onboard and blend in. BingX is always committed to building up a leading, innovative, and ecological system for copy trading, where talent-oriented and technology-driven is the key to keeping stable and healthy growth with a closed loop for all traders. BingX optimized trader application procedure based on the principle of openness, fairness, efficiency, and transparency. Compared to common manual review on the market, this first-ever Intelligent Review System specifies necessary requirements and documents in advance so that all these can be collected and submitted in one time. Qualified traders are able to be approved online within minutes instead of days, after which they will receive a detailed guide directing them to global exposure and promising income. As the first and largest crypto social trading platform, BingX invites crypto traders all around the world to join in and scale new heights on this platform. With ample experience at this racetrack, BingX knows how to take traders to the next level and customised strategies are developed for copy traders at different stages. For example, professional copy traders will be richly rewarded on BingX. According to the BingX Elite Trader Program, copy traders are able to rank up as you keep digging. Higher tier traders are able to enjoy higher profit share rate from copy trading. Gold traders and above will receive a monthly salary up to USD 1,000 from BingX. Besides, copy traders on BingX are entitled to exclusive Fund Management Remuneration, a daily cash bonus equivalent to a specific percentage of your total assets under copy. And this percentage ascends accordingly as well. Meanwhile, BingX provides copy traders with exclusive exposures on websites, apps, communities, and SNS, which helps incubate potential copiers. This is crucial especially for newly-joined traders. BingX also selects copy traders to conduct marketing promotions every week, including but not limited to AMA and exclusive posters. Top-performed copy traders will be invited as guests to share their insightful experiences and increase personal influence hereby. As one of the major leaders in copy trading, BingX has achieved outstanding market-beating results in this section. For instance, BingX is the only crypto exchange that incubates elite traders with over 10,000 copiers, and the only one supporting copy trading both on BingX and other platforms through API access. BingX keeps exploring all possibilities and launching groundbreaking products such as Copy Trading Subsidy Voucher, which helps cover possible trading losses, and Elite Trader Program, which aims to provide more protection to users and attractive rewards to elite copy traders on BingX. “We welcome excellent traders of different trading strategies. It is exciting to build up a diversified and sound community where users are free to copy traders according to their trading preference,” said Elvisco Carrington, PR and Communications Director at BingX. “For those looking for a safe and stable platform to improve trading skills and following copiers, BingX is your perfect choice. You’ll be joining a leading collaborative community where you can share, learn, and earn. BingX is expecting you with open arms.” About BingX Founded in 2018, BingX is a leading crypto exchange that offers BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ) and LUNA USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) derivatives and Copy Trading service to more than 100 countries and regions worldwide with over 5 million users. BingX connects users with expert traders and the platform in a safe, leading, and innovative way.
  • BTC USDT BingX Spot Adds CITY, BAR, and ARG Trading Pairs

    Dear Users,

    Due to popular demand, BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ) exchange BingX (https://bingx.com/en-us/?ref=ZZWENQ) Spot will add the following trading pairs to its Beta version at 16: 00 2022-11-19 (UTC+8). The specifics are as follows:

    New Spot Trading Pairs: CITY/USDT, BAR/USDT, ACM/USDT, ARG/USDT.

    Spot trading service of these pairs starts right after they are listed.

    As the cryptocurrencies involved are native tokens of public chains whose mainnet integrations are underway, the deposit and withdrawal services will be opened as soon as it's tested. The actual opening time shall prevail.



    Note:

    1. Please make sure that the selected chain/network on BingX is the same as the chain/network of the platform you are withdrawing funds from or depositing funds to so that unnecessary losses can be avoided.

    2. Parameters related to the limits of spot trading are automatically adjusted by the system based on market liquidity. If you have any questions, please contact our 24/7 online support.



    Thank you for your support!

    BingX Operation Team

    About BingX
    BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to trading pairs XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.


    BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

    Risk Warning: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any loss incurred from investment on the platform. For more information, please refer to Terms of Use and Risk Warning.
    BTC USDT BingX Spot Adds CITY, BAR, and ARG Trading Pairs Dear Users, Due to popular demand, BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ) exchange BingX (https://bingx.com/en-us/?ref=ZZWENQ) Spot will add the following trading pairs to its Beta version at 16: 00 2022-11-19 (UTC+8). The specifics are as follows: New Spot Trading Pairs: CITY/USDT, BAR/USDT, ACM/USDT, ARG/USDT. Spot trading service of these pairs starts right after they are listed. As the cryptocurrencies involved are native tokens of public chains whose mainnet integrations are underway, the deposit and withdrawal services will be opened as soon as it's tested. The actual opening time shall prevail. Note: 1. Please make sure that the selected chain/network on BingX is the same as the chain/network of the platform you are withdrawing funds from or depositing funds to so that unnecessary losses can be avoided. 2. Parameters related to the limits of spot trading are automatically adjusted by the system based on market liquidity. If you have any questions, please contact our 24/7 online support. Thank you for your support! BingX Operation Team About BingX BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to trading pairs XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice. Risk Warning: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any loss incurred from investment on the platform. For more information, please refer to Terms of Use and Risk Warning.
  • BingX Spot Adds Ultimate Champions(CHAMP) Trading Pair

    Dear Users,

    Due to popular demand, BingX Spot will add the following pair to its Beta version on 21:15 2022-11-16 (UTC+8).

    • Trading pair of CHAMP will be added.
    • Spot trading service of this pair starts right at the release time.
    • The deposit & withdrawal service will be available on 16 November 2022 (UTC+8). The actual start time shall prevail.

    Ultimate Champions Listing Carnival to Win 6,000 USDT in CHAMP Rewards!

    Event Time: 2022-11-16 19:00 to 2022-11-22 19:00 (UTC+8)

    🌟Event 1: CHAMP Deposit Contest, Grab a Share of the 3,000 USDT Prize Pool!
    All users who reach a total net deposit of 500 CHAMP during the event will be eligible for a share of the 3,000 USDT prize pool according to their net deposit amount!
    Note: Only "on-chain CHAMP deposits" are counted in this event.

    🌟 Event 2: Deposit USDT & Trade CHAMP to Share 1,500 USDT Prize Pool!
    New users can receive an airdrop of 2 USDT by making a minimum net deposit of 100 USDT and trading any amount of CHAMP with BingX Spot.

    Note
    1. Only on-chain deposits and deposits via P2P trading are counted in this event
    2. Participants share a prize pool of 1,500 USDT. First-come, first-served

    🌟Event 3: Complete Your KYC and Start Trading to Share the Prize Pool of 1,500 USDT!
    Users who complete their KYC and complete an effective trading volume of 100 USDT in CHAMP are eligible for an equal share of the 1,500 CHAMP prize pool.

    Note:
    • Net deposit = total deposit - total withdrawal
    • Effective trading volume: The total amount of buying + selling in spot trading; Self-dealing is excluded
    • New users refer to users who register a BingX account and complete KYC verification during the event period
    • BingX will verify each participant's eligibility and disqualify any users involved in unfair activities, such as wash trades and using multiple accounts, from the event
    • The rewards will be issued within 7 working days after the event. Before the issuance of the rewards, please avoid all withdrawals (withdrawal/crypto selling/transfer/red packet).
    • BingX reserves the right to the final interpretation of this event

    # Specifications (Refer to image)
    Trading Pair
    Public Chain
    Amount Limit per Order (USDT)
    Amount Limit per Day (USDT)
    Fee Rate
    CHAMP/USDT
    POLYGON
    20,000
    200,000
    0.2%

    Notes
    1. To avoid unnecessary losses due to inconsistent chain types, please check the chain types supported by BingX when you perform deposit and withdrawal transactions.
    2. Parameters related to the limits of spot trading are automatically adjusted by the system based on the market liquidity. If you have any questions, please contact our 24/7 online support.

    # Intro
    • Project:CHAMP
    • Issuance Time: 9 November 2022
    • Total Supply:1,000,000,000

    Thank you for your support!

    BingX Operation Team

    About BingX
    BingX (https://bingx.com/en-us/?ref=ZZWENQ) is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to trading pairs BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.

    Risk Disclaimer
    Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any loss incurred from investment on the platform. For more information, please refer to Terms of Use and Risk Warning.

    BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
    BingX Spot Adds Ultimate Champions(CHAMP) Trading Pair Dear Users, Due to popular demand, BingX Spot will add the following pair to its Beta version on 21:15 2022-11-16 (UTC+8). • Trading pair of CHAMP will be added. • Spot trading service of this pair starts right at the release time. • The deposit & withdrawal service will be available on 16 November 2022 (UTC+8). The actual start time shall prevail. Ultimate Champions Listing Carnival to Win 6,000 USDT in CHAMP Rewards! Event Time: 2022-11-16 19:00 to 2022-11-22 19:00 (UTC+8) 🌟Event 1: CHAMP Deposit Contest, Grab a Share of the 3,000 USDT Prize Pool! All users who reach a total net deposit of 500 CHAMP during the event will be eligible for a share of the 3,000 USDT prize pool according to their net deposit amount! Note: Only "on-chain CHAMP deposits" are counted in this event. 🌟 Event 2: Deposit USDT & Trade CHAMP to Share 1,500 USDT Prize Pool! New users can receive an airdrop of 2 USDT by making a minimum net deposit of 100 USDT and trading any amount of CHAMP with BingX Spot. Note 1. Only on-chain deposits and deposits via P2P trading are counted in this event 2. Participants share a prize pool of 1,500 USDT. First-come, first-served 🌟Event 3: Complete Your KYC and Start Trading to Share the Prize Pool of 1,500 USDT! Users who complete their KYC and complete an effective trading volume of 100 USDT in CHAMP are eligible for an equal share of the 1,500 CHAMP prize pool. Note: • Net deposit = total deposit - total withdrawal • Effective trading volume: The total amount of buying + selling in spot trading; Self-dealing is excluded • New users refer to users who register a BingX account and complete KYC verification during the event period • BingX will verify each participant's eligibility and disqualify any users involved in unfair activities, such as wash trades and using multiple accounts, from the event • The rewards will be issued within 7 working days after the event. Before the issuance of the rewards, please avoid all withdrawals (withdrawal/crypto selling/transfer/red packet). • BingX reserves the right to the final interpretation of this event # Specifications (Refer to image) Trading Pair Public Chain Amount Limit per Order (USDT) Amount Limit per Day (USDT) Fee Rate CHAMP/USDT POLYGON 20,000 200,000 0.2% Notes 1. To avoid unnecessary losses due to inconsistent chain types, please check the chain types supported by BingX when you perform deposit and withdrawal transactions. 2. Parameters related to the limits of spot trading are automatically adjusted by the system based on the market liquidity. If you have any questions, please contact our 24/7 online support. # Intro • Project:CHAMP • Issuance Time: 9 November 2022 • Total Supply:1,000,000,000 Thank you for your support! BingX Operation Team About BingX BingX (https://bingx.com/en-us/?ref=ZZWENQ) is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to trading pairs BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders. Risk Disclaimer Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any loss incurred from investment on the platform. For more information, please refer to Terms of Use and Risk Warning. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
  • BingX Sets up Relief Fund for Partners Suffered from FTX Collapse

    BingX, the world’s leading social trading crypto exchange, has announced a Special Relief Fund of USDT 5 Million to help all business partners that suffered from FTX collapse, immediately after instant relief distribution to all its employees involved in this industrial disaster.

    After facing a liquidity crash, FTX, its sister firm Alameda Research, and 130 affiliated companies under FTX Group filed for bankruptcy. FTX Token’s price has fallen about 80% since Tuesday. The prices of BTC and ETH, some of the most valuable tokens, have both fluctuated widely, at one point dropping more than 20%. With such high volatility and failure to withdraw funds from FTX, many investors see their assets evaporate on this fallen exchange.

    BingX, as a major player, has a compelling obligation to prevent public crises and help battered investors through this difficult time. This is why we came forward and set up this relief fund. All BingX partners who suffered on FTX could submit necessary credentials and applications under instructions on BingX website (https://support.bingx.com/hc/en-001/articles/12441928502425-Announcement-on-BINGX-Special-Relief-Subsidies-Fund). Once approved, they will receive monthly financial aid up to USD 1,000 from BingX for the next six consecutive months. Applications are due November 30, 2022, and qualified applicants will be paid within 3 days after approval.

    “It is incumbent on us to do everything we can to avoid a slide into complete chaos after FTX’s crash”, said Elvisco Carrington, PR and Communications Director at BingX. “There will be a lot of innocent victims and some extremely tough knock-on effects. We are sorry to see this tragedy. We understand that partners of BingX also have suffered great losses, and we will unite as one. BingX wishes to light up a big campfire in this winter season by fulfilling our enterprise social responsibility. Hold hands, and we will thrive.”

    About BingX
    BingX (https://bingx.com/en-us/?ref=ZZWENQ) is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.
    BingX Sets up Relief Fund for Partners Suffered from FTX Collapse BingX, the world’s leading social trading crypto exchange, has announced a Special Relief Fund of USDT 5 Million to help all business partners that suffered from FTX collapse, immediately after instant relief distribution to all its employees involved in this industrial disaster. After facing a liquidity crash, FTX, its sister firm Alameda Research, and 130 affiliated companies under FTX Group filed for bankruptcy. FTX Token’s price has fallen about 80% since Tuesday. The prices of BTC and ETH, some of the most valuable tokens, have both fluctuated widely, at one point dropping more than 20%. With such high volatility and failure to withdraw funds from FTX, many investors see their assets evaporate on this fallen exchange. BingX, as a major player, has a compelling obligation to prevent public crises and help battered investors through this difficult time. This is why we came forward and set up this relief fund. All BingX partners who suffered on FTX could submit necessary credentials and applications under instructions on BingX website (https://support.bingx.com/hc/en-001/articles/12441928502425-Announcement-on-BINGX-Special-Relief-Subsidies-Fund). Once approved, they will receive monthly financial aid up to USD 1,000 from BingX for the next six consecutive months. Applications are due November 30, 2022, and qualified applicants will be paid within 3 days after approval. “It is incumbent on us to do everything we can to avoid a slide into complete chaos after FTX’s crash”, said Elvisco Carrington, PR and Communications Director at BingX. “There will be a lot of innocent victims and some extremely tough knock-on effects. We are sorry to see this tragedy. We understand that partners of BingX also have suffered great losses, and we will unite as one. BingX wishes to light up a big campfire in this winter season by fulfilling our enterprise social responsibility. Hold hands, and we will thrive.” About BingX BingX (https://bingx.com/en-us/?ref=ZZWENQ) is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.
  • Announcement on BingX Supporting the Tax Burn Mechanism on the Blockchain

    Dear Users,

    To actively respond to users' deposits and withdrawals requirements, BingX will support the Tax Burn mechanism on the blockchain from 2022-11-17 (UTC+8).

    BingX already supports the Token Burn for the following currencies: Terra Classic (LUNC) and TENSET (10SET).After the Tax Burn mechanism takes effect, the deposits and withdrawals fees for BingX's TERRA Classic (LUNC) network LUNC and Binance Smart Chain (BSC) network 10SET will be affected as follows:

    Deposits:
    1. LUNC users' deposits will be taxed by the Terra Classic (LUNC) network before reaching BingX. After deducting 0.2% tax, the remainder will be credited to the user's BingX account.
    2. 10SET10SET users' deposits will be taxed by the 10SET Smart Contract before reaching BingX. After deducting 2% tax, the remainder will be credited to the user's BingX account.

    Withdrawals:
    Users will receive the withdrawal amount minus BingX withdrawal fees and the fees charged by Tax Burn and Smart Contract networks. The final withdrawal amount is subject to the actual amount received.

    Note:
    1. Please make sure that the selected chain/network on BingX is the same as the chain/network of the platform you are withdrawing funds from or depositing funds to so that unnecessary losses can be avoided.
    2. LUNC and 10SET Spot and Futures trades will not be affected by the Tax Burn mechanism.
    3. The LUNC community has just passed Proposal 5234. According to the proposal's content, it will reduce the Tax Burn for on-chain transactions of LUNC on the Terra Classic (LUNC) network. The Tax Burn rate has been reduced from 1.2% to 0.2% and applies to all token types currently available on the Terra Classic network.

    Thank you for your support!
    BingX Operation Team

    BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

    About BingX
    BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.

    Risk Warning: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any loss incurred from investment on the platform. For more information, please refer to Terms of Use and Risk Warning.
    Announcement on BingX Supporting the Tax Burn Mechanism on the Blockchain Dear Users, To actively respond to users' deposits and withdrawals requirements, BingX will support the Tax Burn mechanism on the blockchain from 2022-11-17 (UTC+8). BingX already supports the Token Burn for the following currencies: Terra Classic (LUNC) and TENSET (10SET).After the Tax Burn mechanism takes effect, the deposits and withdrawals fees for BingX's TERRA Classic (LUNC) network LUNC and Binance Smart Chain (BSC) network 10SET will be affected as follows: Deposits: 1. LUNC users' deposits will be taxed by the Terra Classic (LUNC) network before reaching BingX. After deducting 0.2% tax, the remainder will be credited to the user's BingX account. 2. 10SET10SET users' deposits will be taxed by the 10SET Smart Contract before reaching BingX. After deducting 2% tax, the remainder will be credited to the user's BingX account. Withdrawals: Users will receive the withdrawal amount minus BingX withdrawal fees and the fees charged by Tax Burn and Smart Contract networks. The final withdrawal amount is subject to the actual amount received. Note: 1. Please make sure that the selected chain/network on BingX is the same as the chain/network of the platform you are withdrawing funds from or depositing funds to so that unnecessary losses can be avoided. 2. LUNC and 10SET Spot and Futures trades will not be affected by the Tax Burn mechanism. 3. The LUNC community has just passed Proposal 5234. According to the proposal's content, it will reduce the Tax Burn for on-chain transactions of LUNC on the Terra Classic (LUNC) network. The Tax Burn rate has been reduced from 1.2% to 0.2% and applies to all token types currently available on the Terra Classic network. Thank you for your support! BingX Operation Team BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice. About BingX BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders. Risk Warning: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any loss incurred from investment on the platform. For more information, please refer to Terms of Use and Risk Warning.
  • Futures Leverage Upgraded, With BTC Up to 150X

    Dear Users,

    To meet the popular demand and allow for more leeway for users in a less volatile market, BingX will raise the leverage limits for USDT-Margined Standard Futures and Perpetual Futures (Copy Trading (https://bingx.com/en-us/traders/) included), with BTC up to 150X and ETH up to 125X.

    Leverage Query for Standard Futures:
    https://bingx.com/en-us/futures/tradeInfo/

    Leverage Query for Perpetual Futures:
    https://bingx.com/en-us/tradeInfo/swap-maintenance-margin/

    Latest Leverage for Copy Trading Traders:
    Valid from 2022-10-25 18:00 (UTC+8)

    Trading Pair Max. Leverage
    BTC, ETH 50X
    Other Cryptocurrencies 25X


    BingX Operation Team

    About BingX
    BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.


    Risk Disclaimer
    Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.For more information, please refer to our Terms of Use and Risk Warning.

    BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
    For more information, please refer to our Terms of Use (https://support.bingx.com/hc/en-001/sections/360005023793-Terms) and Risk Warning (https://support.bingx.com/hc/en-001/sections/360008153893-Risk-Warning).
    Futures Leverage Upgraded, With BTC Up to 150X Dear Users, To meet the popular demand and allow for more leeway for users in a less volatile market, BingX will raise the leverage limits for USDT-Margined Standard Futures and Perpetual Futures (Copy Trading (https://bingx.com/en-us/traders/) included), with BTC up to 150X and ETH up to 125X. Leverage Query for Standard Futures: https://bingx.com/en-us/futures/tradeInfo/ Leverage Query for Perpetual Futures: https://bingx.com/en-us/tradeInfo/swap-maintenance-margin/ Latest Leverage for Copy Trading Traders: Valid from 2022-10-25 18:00 (UTC+8) Trading Pair Max. Leverage BTC, ETH 50X Other Cryptocurrencies 25X BingX Operation Team About BingX BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders. Risk Disclaimer Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.For more information, please refer to our Terms of Use and Risk Warning. BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice. For more information, please refer to our Terms of Use (https://support.bingx.com/hc/en-001/sections/360005023793-Terms) and Risk Warning (https://support.bingx.com/hc/en-001/sections/360008153893-Risk-Warning).
  • Updates on the Copy Trading Recommendation Commission Rules

    Dear Users,
    The Copy Trading (https://bingx.com/en-us/traders/) recommendation commission is a scheme designed to expose copy traders to a wider copier base. Users who can identify and recommend high-quality traders will gain a commission.
    The recommendation commission rules will be updated as follows:
    1. If a user recommends a trader to a friend and the friend copies the trader, the user will get a portion of the profit share that the trader gains from the friend.
    2. The user above will gain 25% of the trader's profit share as a commission.
    Example:
    1. User A recommends traders Alan and Bob to a friend
    2. Alan: The friend copies Alan and gains a daily net profit of 100 USDT, of which, 8 USDT goes to Alan as the profit share. (Assume that the trader's profit share ratio is 8%)
    3. Bob: The friend copies Bob which incurs a daily net loss of 100 USDT, 0 USDT goes to Bob.
    4. As there is a profit from copying Alan's trades, Alan will gain 25% of the friend's profits and the user will receive 8 * 25% = 2 USDT.
    Note:
    Expected release version: v3.20.0
    Expected release time: 2022-11-08 (UTC+8). The specific time is subject to the actual release
    The recommendation rules hereby shall take effect after the release.

    BingX Operation Team

    About BingX
    BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders.


    Risk Disclaimer
    Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.For more information, please refer to our Terms of Use and Risk Warning.
    Updates on the Copy Trading Recommendation Commission Rules Dear Users, The Copy Trading (https://bingx.com/en-us/traders/) recommendation commission is a scheme designed to expose copy traders to a wider copier base. Users who can identify and recommend high-quality traders will gain a commission. The recommendation commission rules will be updated as follows: 1. If a user recommends a trader to a friend and the friend copies the trader, the user will get a portion of the profit share that the trader gains from the friend. 2. The user above will gain 25% of the trader's profit share as a commission. Example: 1. User A recommends traders Alan and Bob to a friend 2. Alan: The friend copies Alan and gains a daily net profit of 100 USDT, of which, 8 USDT goes to Alan as the profit share. (Assume that the trader's profit share ratio is 8%) 3. Bob: The friend copies Bob which incurs a daily net loss of 100 USDT, 0 USDT goes to Bob. 4. As there is a profit from copying Alan's trades, Alan will gain 25% of the friend's profits and the user will receive 8 * 25% = 2 USDT. Note: Expected release version: v3.20.0 Expected release time: 2022-11-08 (UTC+8). The specific time is subject to the actual release The recommendation rules hereby shall take effect after the release. BingX Operation Team About BingX BingX is a cryptocurrency social trading exchange that offers spot, derivatives and copy trading services including but not limited to BTC USDT (https://bingx.com/en-us/spot/BTCUSDT/?ref=ZZWENQ), XRP USDT (https://bingx.com/en-us/spot/XRPUSDT/?ref=ZZWENQ), ETH USDT (https://bingx.com/en-us/spot/ETHUSDT/?ref=ZZWENQ) and Luna USDT (https://bingx.com/en-us/futures/forward/LUNAUSDT/?ref=ZZWENQ) to more than 100 countries worldwide with over 5 million users. The copy trading function implemented with our unique technology has benefited over 20,000 copy trading traders and 5,000 daily traders. Risk Disclaimer Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.For more information, please refer to our Terms of Use and Risk Warning.
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