BingX Launches $150M Shield Fund to Set a New Benchmark for User Protection

PANAMA CITY, June 5, 2025 – BingX, a leading global cryptocurrency exchange and Web3 AI company, has introduced the Shield Fund, a permanent $150 million safety reserve dedicated to safeguarding users against unforeseen cyber threats and extreme market volatility. Unlike conventional insurance models, the Shield Fund is entirely self-funded and always active, enabling BingX to respond swiftly during crises. This initiative underscores BingX’s commitment to transparency, accountability, and its unwavering user-first vision.

Built with long-term sustainability in mind, the Shield Fund features continuous internal audits and dynamic risk assessments to adapt to evolving market conditions. It offers BingX users an added layer of real-time protection and peace of mind, solidifying BingX's position as a leader in secure and responsible crypto trading.

"The launch of the BingX Shield Fund is a strategic extension of our user-first vision. It is not simply a financial safeguard — it is a symbol of how we view responsibility at scale," said Vivien Lin, Chief Product Officer at BingX. "We are reaffirming our commitment to building a secure, transparent, and forward-thinking trading environment. As our platform grows, so does our duty to empower users with tools and systems that ensure confidence, resilience, and long-term trust."

The Shield Fund represents BingX's second step towards integrity and user protection on the platform with its plan to introduce Proof-of-Reserve.  These two offerings represent a strong basis for a more transparent, secure and accountable trading environment - moving forward BingX will continue showcasing proactive safety and infrastructural innovations to help protect its users.

About BingX

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users.With a comprehensive set of AI-driven products and services, ranging from derivative trading to spot trading and copy trading, BingX attends to the ever-changing requirements of the users all the way from beginners to professionals. BingX intends to create a reliable and smart trading platform such that the users are empowered by new tools to enhance their performance as well as their confidence. The year 2024 witness(ed) an exhilarating debut in sports sponsorship for BingX as they became the official cryptocurrency exchange partner for Chelsea Football Club.

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