BingX to offer staking services after expansion to Germany

BingX is on an expansion spree and has recently expanded its market base to Germany as well as plans to offer staking services shortly.

Singapore – August 10, 2022 – BingX ended the Q2 of 2022 and started the Q3 on a splendid note with not one but two new news to share. The renowned crypto social exchange is pleased to announce that they have recently expanded their operations into Germany. Alongside, they have plans to officially introduce staking services.

Based in Singapore, BingX officially expanded into Germany on July 29, 2022. The expansion to Germany marks a significant chapter in the journey of BingX as it is for the first time the company is offering its services in another continent.

“We are excited to share with you all that currently we are on an expansion spree and we have now officially expanded our service into Germany. It’s our first expansion in Europe and hence feels extremely special for us. Germany is one of the most crypto friendly countries both in Europe and the world- and we are looking forward to an amazing time with German clients from this month onwards”, stated the leading spokesperson from BingX.

“We are confident that our cutting-edge exchange, user-friendly dashboard, and wide array of crypto asset options will be able to impress our new customers in Germany.”

Per the statements of the spokesperson, BingX had a flourishing business over the last two quarters. Despite the recent crypto winter, the leading crypto social exchange has shown signs of healthy growth. In that light, they are not only looking forward to expanding their market base but also their services. The spokesperson shared that they are on plans to introduce crypto staking services shortly. 

“We are also thrilled to share with you all that we would soon be offering staking services along with our trading services. Staking is fast gaining traction in the crypto investment and trading scenario for the mighty passive income window it provides. Also, the growth of PoS coins has further accelerated the rise of staking. And with Ethereum, the second largest crypto, finally transcending to the PoS network, there could not be a better time to introduce staking services from our platform.”

Interestingly, it’s not the first time that BingX will be offering staking services. The exchange had previously started offering staking services on a temporary basis for small cap investors. The spokesperson revealed that the previous run was aimed to test the exchange’s staking system. 

“We had a successful run with our staking system and now we are well equipped to officially launch our staking services for all our stakers. We assure our stakers an extremely comfortable and secured staking experience and that too at an economical rate. Our platform is also backed by a wide range of staking assets to choose from as per your asset preferences and budget.” 

BingX offers a wide variety of trading options with leverage up to 100x to cater to a versatile range of traders. The release of Bitcoin auto bot trading on BingX was also well received by users who frequently invest in BingX copy trading/paper trading.

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