BingX, a Dubai-based crypto exchange and Web3-AI company, has announced a significant milestone for its Traditional Finance (TradFi) offerings, recording a 24-hour trading volume exceeding AED 3.67 billion. The surge in volume highlights the growing appetite among regional investors for diversified asset classes beyond cryptocurrencies, specifically commodities and real-world financial assets.
Gold Surge Fuels Trading Activity
A major driver of this record-breaking volume was the rally in gold prices. According to the exchange, BingX TradFi Gold contributed over AED 1.86 billion to the total daily volume. This figures reflects strong user interest and active engagement from traders looking to hedge or capitalize on commodity market movements through the platform’s integrated infrastructure.
Diversifying Beyond Crypto
Since launching its TradFi feature, BingX has sought to bridge the gap between the crypto ecosystem and traditional financial markets. The platform enables trading across a broad range of assets, including commodities, forex, stocks, and indices. The response from traders indicates a shift towards hybrid trading strategies, with TradFi Copy Trading also witnessing acceleration—reaching a single-day peak of AED 190.4 million recently.
Vivien Lin, Chief Product Officer at BingX, commented on the shift: “Our expanded suite of offerings provides traders with greater choice and broader market access, unlocking new opportunities in a dynamic environment. This achievement in TradFi trading volume is a testament to BingX’s strong capability and the trust our users place in us.”
About BingX
Founded in 2018, BingX is a leading crypto exchange and Web3-AI company serving over 40 million users worldwide. Ranked among the top five global crypto derivatives exchanges, it offers a comprehensive suite of AI-driven products including futures, spot, and copy trading. BingX has established high-profile partnerships, serving as the principal partner of Chelsea FC since 2024 and becoming the official crypto exchange partner of Scuderia Ferrari HP in 2026.
Source: Press Release
