The Good Tech Companies - BingX Unveils ChainSpot: A CeDeFi Innovation for Simpler and Safer On-Chain Trading

Episode Date: May 8, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/bingx-unveils-chainspot-a-cedefi-innovation-for-simpler-and-safer-on-chain-trading. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #bingx, #btcwire, #press-release, #blockchain-development, #bingx-announcement, #crypto-exchange, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. BingX is proud to unveil ChainSpot, a pioneering CeDeFi (Centralized-Decentralized Finance) feature that empowers users to access decentralized tokens directly from their BingX accounts. As part of its 7th anniversary celebration, BingX becomes one of the first major exchanges to roll out such a hybrid product, signaling a bold leap forward in its product evolution.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Binx unveils ChainSpot, a C-Defi innovation for simpler and safer on-chain trading, by BTC Wire. Panama City, May 8, 2025 Binx, a leading global cryptocurrency exchange, is proud to unveil ChainSpot, a pioneering C-Defi, centralized decentralized finance feature that empowers users to access decentralized tokens directly from their Binx accounts. Without the need for external wallets are complex on chain processes. As part of its 7th anniversary celebration, Binx becomes one of the first major exchanges to roll out such a hybrid product, signaling a bold leap forward in its product evolution.

With the promise of one tap, all chains, ChainSpot introduces an effortless way to explore and trade on chain assets while staying fully protected by Binx's centralized and infrastructure as a C.Defy innovation, it blends the best of both centralized and decentralized worlds, offering the ease and reliability of a centralized exchange with the openness and innovation of DeFi protocols. Key benefits of ChainSpot designed to make on-chain trading simpler and safer. ChainSpot offers a host of features that enhance user experience enhanced security. Users enjoy trusted safeguards like two-factor authentication and cold wallet storage while

interacting with decentralized markets. Broader asset access. Seamlessly explore trending DeFi tokens and new on-chain projects. No bridges, no external wallet setup required. Smarter discovery. AI-driven filters surface high-quality DeFi projects quickly, reducing research time and noise. Cross-chain compatibility. Built for a multi-chain future, ChainSpot supports cross-chain asset trading efficiently, all within one centralized interface. Vivian Lin, chief product officer of Binks, commented on the launch, Over the past seven years, Binks has grown by staying close to our users.

ChainSpot is a direct result of listening to their desire for more flexible, decentralized opportunities, without losing the security and convenience of our platform. Our goal with ChainSpot is to redefine what access to DeFi looks like, making it simple, intuitive, and protected. This isn't just another feature, it's part of a broader vision to shape a financial future where innovation meets inclusivity, and where security coexists with freedom. NChainSpot marks a strategic milestone in Binx's evolution as a C-definable. As the platform continues to expand its ecosystem, more innovative features and product enhancements are expected in the months ahead.

Whether you're a seasoned trader or just getting started in crypto, ChainSpot opens the door to DeFi's full potential. Without the friction about BinGX founded in 2018, Binx is a leading crypto exchange, serving over 20 million users worldwide. Binx offers diversified products and services, including Spot, Derivatives, Copy Trading, and Asset Management, all designed for the evolving needs of users, from beginners to professionals. Binx is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency.

In 2024, Binx proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports. For media inquiries, please contact media at binks.com For more information please visit https://binks.com slash colon colon colon tip This story was published as a press release by BTC Wire under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.