BingX Joins Industry Push to Bring Traditional Markets On-Chain

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BingX Joins Industry Push to Bring Traditional Markets On-Chain

A growing number of cryptocurrency exchanges are moving beyond digital assets, and the latest example comes from BingX, which has unveiled a new trading offering that links crypto infrastructure with traditional financial markets.

The platform has introduced BingX TradFi, a product that allows users to trade futures based on real-world assets rather than cryptocurrencies alone. The new service includes contracts tied to more than fifty underlying instruments, ranging from agricultural commodities such as cocoa and soybeans to other global market benchmarks, with leverage reaching up to 500x.

Key takeaways

  • BingX is expanding beyond crypto-only products into traditional asset-linked futures
  • The new TradFi feature offers exposure to over fifty underlying assets
  • High leverage and crypto-style trading infrastructure are central to the product
  • The move reflects a broader industry push toward all-in-one trading platforms

This expansion reflects a wider shift across the crypto industry, where exchanges are increasingly aiming to become all-in-one financial hubs. Instead of forcing users to rely on separate brokers or sister platforms, crypto exchanges are leveraging their existing technology and liquidity to offer exposure to foreign exchange, commodities, indices, and equities within the same ecosystem.

According to BingX, interest in these products is particularly strong in regions such as the Middle East and North Africa, where access to international markets through traditional brokers can be costly or restricted. The exchange’s Chief Product Officer, Vivien Lin, has emphasized that the goal is to lower barriers and give global users easier entry to a broad range of asset classes from a single platform.

Crypto exchanges push deeper into traditional markets

BingX is not alone in this strategy. Rival exchange Bitget has also begun rolling out its own suite of traditional-asset derivatives after testing them in a private beta. Its offering includes exposure to gold, foreign exchange, metals, indices, commodities, and stock-based contracts for difference. Bitget’s Chief Executive Officer, Gracy Chen, has described this convergence as a turning point, where assets that once existed in separate financial silos now trade side by side within a single system. The company notes that its products combine institutional-grade liquidity with oversight under the Financial Services Commission of Mauritius.

Meanwhile, Binance has taken a regulated approach by introducing commodity-linked perpetual contracts tied to assets such as gold and silver. These instruments settle in USDT, trade around the clock, and have no expiry date. They fall under the Abu Dhabi Global Market regulatory framework, although their stablecoin-based settlement means availability may be limited in certain jurisdictions, including parts of the European Union.

Taken together, these moves highlight how crypto exchanges are repositioning themselves as gateways to traditional markets. By offering continuous trading, familiar derivatives interfaces, and stablecoin settlement, they are attempting to simplify global market access for retail traders. At the same time, this trend represents a product-level convergence rather than a full merger with traditional brokerage models. Regulatory standards and investor protections still differ widely depending on location.

The near-simultaneous launches from BingX, Bitget, and Binance signal a broader experiment underway across the industry. Having already built scale in crypto derivatives, exchanges are now testing how far their platforms can stretch into conventional finance. While this shift is unlikely to eliminate traditional brokers altogether, it does suggest that crypto-native platforms may significantly reshape how traders access multiple asset classes in the years ahead.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/bingx-joins-industry-push-to-bring-traditional-markets-on-chain/