Key Features of ChainSpot

1. Simplified Process, Enhanced Experience

Users can trade on-chain assets directly from their BingX account without transferring funds to a DEX. This eliminates wallet switching and cross-platform operations, offering a smoother and more convenient trading experience.

2. Strengthened Security for Peace of Mind

Use BingX’s top-tier security features, including two-factor authentication and cold wallet storage, to minimize risks associated with DEX platforms and safeguard your assets.

3. Streamlined Asset Management

Keep all your assets in one place with the BingX wallet. No more switching between wallets or platforms, making asset management more efficient and hassle-free.

4. Broadened Investment Opportunities

Access a diverse range of multi-chain tokens and new projects via ChainSpot. Expand your portfolio and seize exciting market opportunities with ease.

5. Cost-Effective Trading

Reduce overall trading costs by eliminating on-chain transfer fees and consolidating charges with simplified processes.

6. Transparent and Trustworthy

All transactions are recorded on-chain and executed automatically by smart contracts, eliminating the need for intermediaries, reducing manipulation risks, and ensuring fairness and transparency.

7. Cross-Chain Flexibility

Trade assets across multiple blockchain networks effortlessly within BingX, eliminating the need for complex bridging and third-party tools.

8. AI-Driven Insights for Better Decisions

Leverage AI-powered real-time analytics to identify high-potential on-chain projects, enabling smarter, more timely investment decisions.

How to Use ChainSpot

1. App: Ensure your BingX app is updated to version 4.58 or above. You can access the ChainSpot feature via:

1) Homepage - Tap the ChainSpot icon in the core feature area.

2) Markets - Spot section - Select the ChainSpot tab.

3) Spot - Tap ChainSpot.

4) Use the search bar on the homepage to enter the asset's contract address and find the corresponding trading pair.

2. Web: You can access ChainSpot through:

1) Markets - Spot section - ChainSpot.

2) Spot - Click ChainSpot.

3. Before trading on ChainSpot, ensure you’ve completed the following:

1) Completed Advanced KYC.

2) Hold USDT in your Spot Account.

4. Select the pair you wish to trade, enter the amount of USDT to pay, and click Buy to create an order.

1) Currently, only market orders are supported.

2) Supported chain type: Solana.

5. Once the on-chain trade is completed, the purchased assets will be automatically transferred to your Spot Account. You can view your past orders in Order History.

6. Follow the same steps as above and click Sell to sell your assets.

Please Note

1. Trading Fees: Currently, ChainSpot does not charge fees, but on-chain transactions will incur gas fees. The gas fees are determined by the actual conditions of the blockchain at the time of the transaction.

2. Price Fluctuations: The token price may change between order creation and execution due to factors like market volatility, liquidity, and gas fees. As a result, the final amount received may differ from the estimated amount.

3. Delisting of Assets: ChainSpot periodically evaluates listed assets. If a project does not meet the required standards, it may be removed. Users will be given sufficient time to withdraw their assets before delisting.

4. BingX Spot Listings: ChainSpot focuses on early-stage assets with high potential. If a project meets the criteria for listing on BingX Spot, it will be migrated. Users do not need to take any action as their assets will be seamlessly transferred from ChainSpot to BingX Spot.

5. Risk Warning: Prices of on-chain projects are determined by market supply and demand, which may result in significant volatility. Users should understand the risks in advance and take necessary precautions.

6. BingX Disclaimer: On-chain projects carry uncertainties. ChainSpot provides users with early access to quality assets, but users should fully understand and bear the associated risks.

Risk Warning