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BingX Acquires Europe License, Expands Worldwide Market Reach

by equitieswatch
April 23, 2022
in Cryptocurrency

  • BingX officially opened its new office and crypto business licensed in Lithuania.
  • The network has branches in the US, Canada, Australia, Hong Kong and Taiwan.
  • BingX aims to expand its market reach in the whole European continent.

Social and copy trading platform, BingX officially opened its new office and crypto business licensed in Lithuania. This office will be added to the existing branches of the network in the United States, Canada, Australia, Hong Kong and Taiwan. It has regulatory approvals in the United States and Canada and plans to expand further.

Public Relations and Communications Director at BingX explained,

It is not always easy to obtain a license so we are definitely happy about this initiative. We also want to attract more users from the Lithuanian market and now we are able to do so  smoothly. In general, the European market is a lucrative one and we will continue to extend our reach in this geographical location.

BingX aims to develop and open an inclusive, high net worth crypto investment market that will be open to all investors inside and outside the crypto space. It also ensures sustainable developments with a high level of platform security. Through this, investors and users of the network can use the platform with confidence.

Moreover, the network’s latest office in Europe seeks to reach a broader market in the country. It is committed to delivering the best exchange services such as spot, derivatives, and copy trading. All users in the country can experience a seamless, simple and fast way of transacting crypto assets using BingX.

On the other hand, BingX is just one of the exchanges in the space that provides seamless services to all its users in the industry. Hence, it is up to the investors and traders to choose the best exchange platform that suits their needs when it comes to trading.

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