SINGAPORE – Media OutReach – August 30, 2023 – BingX, a leading futures trading and copy trading platform, is proud to announce a revolutionary achievement in the field of cryptocurrency futures trading. Through its pursuit of excellence, BingX achieved a milestone by achieving the lowest slippage in the industry, setting a new standard in the market.
High slippage poses a significant challenge in cryptocurrency trading because it compromises the accuracy and predictability of transactions. This occurs when the executed price deviates significantly from the expected price, leading to increased costs for traders and potential erosion of profits. Such unpredictability can negatively impact trading strategies, making it difficult to enter or exit positions at desired levels.
After the BingX Perpetual Futures upgrades, BingX outperformed its peers by 78%, demonstrating its unwavering commitment to providing an unparalleled trading experience to its users.
For transactions involving
BTCUSDT Single transaction values ranging from $0 to $50,000, BingX shows an average slippage of just 0.084. This highlights BingX’s extraordinary 74% improvement in
slip reduction, reaffirming its commitment to guaranteeing optimal commercial conditions. This applies to the BTCUSDT spot and
BTCUSDT Futures transactions.
In the area of higher value transactions, BingX continues to shine. For BTC transactions ranging from $50,000 to $100,000, BingX’s average slippage stands at just 0.088. This represents an astonishing 80% improvement in sliding performance. BingX once again emerges as the leader in the field of trading.
Additionally, BingX demonstrates its exceptional capabilities in transactions involving larger amounts. For single BTC transactions valued between $100,000 and $500,000, BingX maintains an average slippage of just 0.13. This immense 83% improvement in slippage reduction underlines BingX’s unassailable position as the preferred platform for traders seeking the highest accuracy and reliability.
BingX’s remarkable success in reducing slippage reaffirms its commitment to pushing the boundaries of what is possible in the world of cryptocurrency trading. With an average outperformance of 78%, BingX consolidates its position as the go-to platform for traders seeking superior precision, reliability and performance.
Bitcoin Price. Making BingX an obvious choice when dealing with larger funds. Overall, this improvement brings greater value to large investors, especially for higher market cap coins like BTCUSDT and
ETHUSDT traders.
Hashtag: #bingx #cryptoexchange
The issuer is solely responsible for the content of this announcement.
