Dear BingX User,
We are thrilled to announce the launch of the BingX Shield Fund (https://bingx.com/en/insurance-fund) on 2025-06-05. This permanent $150 million reserve is designed to provide robust protection, safeguarding users from losses caused by platform issues, cyber events, or extreme market fluctuations.
The Shield Fund prioritizes sustainability, supported by ongoing internal audits and dynamic risk assessments to adapt to market changes. Unlike traditional insurance models, the BingX Shield Fund is fully self-funded and remains highly active. This ensures that during crises, we can act swiftly and independently to protect user interests.
This initiative reflects BingXโs unwavering commitment to user security and underscores our dedication to the โuser-firstโ philosophy, especially as we celebrate our 7th anniversary.
Following the implementation of Proof-of-Reserve, the introduction of the Shield Fund marks BingX's another significant step in enhancing platform integrity and user protection. BingX continues to lead the way in creating a transparent and accountable trading environment.
Looking ahead, BingX will launch more innovative security measures and infrastructure to solidify our leadership in the global cryptocurrency trading sector. BingX will continue to uphold its "user-first" principle, driving innovation, ensuring security, and delivering an exceptional trading experience to users worldwide.
Learn More => https://bingx.com/en/insurance-fund
Thank you again for your continued trust and support! If you have any questions, feel free to contact our online support.
BingX Operation Team
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