Global leading cryptocurrency exchange BingX has launched a collaborative wealth management feature called “Group Investing”, aiming to promote financial collaboration between users and optimize overall investment returns. Group Investing encourages BingX community members to enhance connectivity and deepen collaborative investments in cryptocurrencies. As the world’s first and largest cryptocurrency copy trading platform, BingX constantly improves and innovates to elevate the standards of collective investments.
The operation principle of Group Investing is simple and innovative. BingX has introduced a guaranteed principal wealth management product with a 7-day lock-in period and an annualized return of 18.5%. After successful subscription, users can invite friends to form investment groups. Once the invitation is accepted, both parties can unlock an annualized return that doubles the individual interest rate. The first 200 group teams (consisting of 400 participants in total) will also receive additional experience gold coupons individually. Furthermore, if any user registered through the group investing page during the event period, both parties will receive additional experience gold coupons as rewards.
The principal and interest of Group Investing will be automatically redeemed to participants’ funding accounts upon the maturity of the wealth management product, providing a relaxed and worry-free investment experience. Group Investing by BingX not only offers a new investment avenue but also embarks on a journey towards mutual financial success. This product represents BingX’s concrete implementation of providing innovative collaborative wealth management solutions.
Chief Product Officer of BingX, Vivien Lin, stated, “Group Investing embodies BingX’s unwavering commitment to explore the fusion of blockchain technology and traditional finance. This innovative product is a groundbreaking extension of our social trading capabilities, showcasing BingX’s determination to pioneer diverse financial solutions. At BingX, we will continue to empower cryptocurrency traders through continuous innovation, striving to be the gateway for users into the world of cryptocurrencies.”
BingX will celebrate its sixth anniversary in May and will launch a series of exciting innovative products and services in the coming months. Group Investing marks the beginning of a richer collaborative wealth management journey.
BingX
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