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BingX Teams Up with Coinify to Break Into Newer European Markets

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We are pleased to announce that BingX has secured a partnership with Coinify, a global virtual currency platform that actively offers fiat to crypto solutions.

This year alone, BingX successfully established multiple crypto to fiat gateway partnerships with Coinify being their latest partner. Coinify prides itself as a secure platform, which aims to make it easy for anyone to buy and sell crypto.

Partnering with Coinify feeds BingX more scope to reach a wider demographic across Europe and beyond, bringing about mutual benefits for both parties. BingX stands alone as being the first crypto social trading platform operating in the virtual currency space and has consistently been witnessing exponential growth.

We at Coinify are very excited to begin our cooperation with a leader in the crypto social trading space, BingX. Together we strive to make it easy as possible for individuals globally to buy, sell and trade cryptocurrencies, in a secure and compliant manner.” – Andrew Bellingham, Sales Manager at Coinify

This new collaboration will allow users to buy $BTC, $ETH, $USDT, and $USDC using four payment options, namely Mastercard, Applepay, SEPA, or VISA in 34 local currencies on Bingbon’s platform.

With Coinify’s diversified portfolio of services, BingX users can also buy currencies with Bank Transfers in local currencies, CAD, GBP, AUD, CHF, NOK, NZD, DKK, SEK, EUR, and USD. In addition, they can take full advantage of other services such as selling crypto with 8 traditional currencies: EUR, CAD, SEK. CHF, GBP, USD, DKK, and NOK.

On top of that, Coinify has a smooth KYC process that is quick and only takes up to a maximum time frame of 2 minutes on average to complete. A faster KYC setup will be a selling point and an attractive incentive especially for new users who are interested in trading on BingX. 

Users have their own individual preferences, so it is our responsibility as a social crypto exchange to provide users with as many payment options as possible.  Spain is one of our strongest markets in Europe to date, but we wanted to tap into newer European markets to attract more users from that space. That’s practically why we’ve teamed up with Coinify. They have all the right resources that will give us more leverage to nail this initiative.” – Communication and Partnership Manager at BingX, Elvisco Carrington 

About Coinify

Coinify is an established global virtual currency platform actively offering solutions in Europe, Asia, and other regions. Coinify’s services include individual currency trading, corporate brokerage, payment processing services, and Enterprise solutions via Coinify API. Their mission is to mainstream the use of virtual currencies and thus help businesses and individuals to adopt financial innovation.

About BingX

Founded in 2018, BingX is a crypto social trading exchange that offers both cryptocurrency spot & derivatives trading services. As a crypto social trading network, BingX is committed to giving users access to smarter cryptocurrency trading strategies while ensuring users invest in a simple, engaging, and transparent way.