BingX, the world’s leading multi-asset trading platform, today announced the launch of BXUSD, a yield-bearing savings product backed by investments in a U.S. money market fund managed by Franklin Templeton. The product introduces yield opportunities to the BingX ecosystem, allowing eligible users to receive daily yield distributions while retaining the flexibility to redeem their holdings or use them as margin for USDT-margined futures trading, subject to applicable product terms.
Through its partnership with Franklin Templeton, BingX has invested in the fund to support the new offering. BXUSD is a yield certificate available exclusively within the BingX platform. Eligible users can subscribe with as little as 0.1 USDT, with no subscription fee. Subscriptions are credited instantly to users’ spot accounts at a ratio of 1 BXUSD per USDT.
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“BXUSD reflects our continued focus on making the multi-asset trading experience more versatile and accessible,” said Kevin Lee, Chief Strategy Officer at BingX. “By bringing fund-based yield into our platform, we’re giving eligible users more ways to put their assets to work while maintaining the flexibility to move between savings and trading. It’s another step in our broader effort to connect digital assets with opportunities across traditional financial markets.”
The launch marks another step in BingX’s expansion of its TradFi offerings, broadening the platform’s capabilities beyond trading to include fund-based savings. BXUSD offers three core features:
BXUSD further advances BingX’s broader multi-asset strategy by integrating a fund-based savings product into an ecosystem spanning crypto spot and futures trading, copy trading and traditional financial markets.
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