Discover the versatile world of Bingat

 From 2018 to 2024, the global cryptocurrency market was in a stage of rapid development, with rapid user growth; after 2020, the market’s booming ecosystem attracted many native crypto users and ushered in explosive growth.

According to CoinGecko data, as of March 2024, the global market value of crypto assets has reached US$2.8 trillion, of which Bitcoin accounts for 40% and Ethereum accounts for 18%. The daily trading volume of crypto assets has reached 200 billion US dollars, and there are currently more than 10,000 crypto assets tracked, showing a state of blooming.

Centralized exchanges (CEX) play an important role in the crypto ecosystem, providing traders with a safe, orderly trading environment and sufficient liquidity, making it easier and more convenient for users to buy and sell digital assets.

However, this market is also full of volatility and uncertainty, leaving many investors confused and at a loss. Complex market structure, technical analysis and changing market conditions make it difficult for many novice investors to get started, while professional traders only occupy a very small market share despite their information advantages.

Against this background, the Bingat platform always adheres to the user-centered principle, with professional team services, stable market data, secure software systems and diversified trading methods.

Platform Introduction

Provide currency and derivatives trading services to global users

Safe/Open/Free

Bingat is one of the world’s leading secure cryptocurrency exchanges. It always adheres to the user-centered principle and has professional team services, stable market data, secure software systems and diversified trading methods.

Fast experience — The platform focuses on user-friendly, convenient and comfortable trading experience. Transparent transaction process, microsecond-level matching system.

Anti-Risk Price Mechanism — Using multiple sources of indices and data to support our trading pairs, protecting users from risks and losses in extreme market conditions.

Fund security — all deposits and withdrawals are completed through multiple offline signatures. Microsecond judgment, deep asset refrigeration, and bank-level risk control.

Top technical team — Have a world-class technical team to support development and provide users with a better experience.

Graded position reduction mechanism — The risk control mechanism of user transactions will be reasonably triggered according to market fluctuations to protect users’ valuable assets every second.

24/7 Customer Support — The customer service team is available 24 hours a day. Please feel free to contact online customer service to resolve your concerns.

Bingat is managed by an authorized U.S. foundation. This governance structure has more advantages than traditional cryptocurrency exchanges and effectively ensures the fairness and justice of the exchange and the security of user assets. The management team members come from many countries and regions around the world, and the core members have worked in Coinbase, Binance, and Morgan

Stanley, Amazon, Google and other world-renowned financial and technology companies have strong global strategic operation capabilities and rich experience in financial risk control and management.

At present, Bingat has obtained and holds the US MSB license and the Singapore and US foundation licenses. The platform has been committed to global compliance solutions and providing the safest and most secure service system to global customers.

Platform products

Product-oriented promotion of digital assets

Move freely around the world

Coin-to-crypto trading: Coin-to-crypto trading, also known as spot trading, refers to the transaction between one digital currency and another digital currency, using one of the digital currencies as the unit of calculation to purchase other digital currencies. Currency transactions can be conducted on both exchanges and DEX to complete the exchange between currencies.

Perpetual contract trading: Perpetual contract is a special type of futures contract. Unlike traditional contracts, perpetual contracts have no expiration date and users can choose to hold positions forever. In addition, perpetual contract trading is based on the underlying index price. It consists of the average price of an asset, influenced by major spot markets and relative trading volumes.

Unlike traditional contracts, the trading price of perpetual contracts is usually the same as or very close to the spot market. However, the biggest difference between traditional contracts and perpetual contracts is that the former stipulates a “settlement date”.

Options Trading: Options are a type of financial derivative that give the holder rights but not obligations. The option holder has the right to buy or sell the underlying asset at a predetermined price and date. There are two types of options: calls and puts.

Purchasing a call option gives its holder the right to purchase the underlying asset at a predetermined date and time without having to exercise the right. Likewise, a put option gives the holder the right to sell the underlying asset.

Traders typically buy call options when they expect the price of the underlying asset to rise, and buy put options when they expect the price of the underlying asset to fall.

OTC trading: OTC (Over-The-Counter), also called over-the-counter trading, and many platforms are also called C2C transactions or legal currency transactions, which all refer to digital currency and legal currency transactions between individuals. Buying BTC, ETH, and EOS with legal currency and selling BTC, ETH, and EOS in exchange for legal currency must go through over-the-counter transactions. Compared with common currency-to-crypto transactions, OTC transactions are a necessary step for us to enter the market to hold currency and withdraw currency for redemption.

Ecological construction

The platform, with its multiple advantages

Provide excellent trading and investment experience from multiple perspectives

The platform’s huge user base and wide range of trading pairs ensure a high degree of liquidity. Users can quickly complete transactions no matter when and where they are, take full advantage of market opportunities, and obtain better transaction prices.

The platform supports the trading of a large number of mainstream and emerging cryptocurrencies, providing users with a wide range of investment options. Users can access multiple assets on one platform, enabling better asset allocation and risk diversification.

With security as its top priority, the platform has adopted multi-level security measures, including hot and cold wallet separation, multi-factor authentication, risk monitoring, etc. This strict security architecture protects users’ digital assets from any threats.

The platform provides services on a global scale, supporting multi-language and localization support. This allows users from different countries and regions to easily use the platform for trading and asset management.

In addition to basic trading functions, the platform also provides a variety of financial instruments, such as leverage trading, futures contracts, financial management plans, etc. These tools enrich users’ trading strategies and provide more investment options.

Platform technology

Committed to users’ financial security

Take serious responsibility for user assets

The security design of the Bingat trading platform mainly focuses on four aspects: network security, data security, fund security, and compliance licenses.

1) Network security design

The platform adopts multiple defense mechanisms, including hardware firewalls, network intrusion detection systems, DDOS attack defense systems, etc., to prevent the impact of network attacks, malware, etc. on the exchange network. In addition, the exchange’s network security design also requires regular vulnerability scanning and penetration testing to promptly discover and repair security vulnerabilities to ensure the security and stability of the exchange network.

2) Data security design

The platform adopts multi-level data encryption and backup mechanisms, including SSL encrypted transmission, database encrypted storage, data backup and disaster recovery, etc. to ensure that user data is not stolen or tampered with. In addition, the data security design of the exchange also requires access control and auditing of sensitive data to prevent data from being accessed and tampered with by unauthorized personnel.

3) Fund security design

The platform uses multi-signature technology, hot and cold wallet separation, manual review and other measures to prevent hacker attacks and fund theft. In addition, the exchange’s fund security has also designed a fund management system and monitoring mechanism to detect and deal with fund risks in a timely manner.

4) Compliance supervision

Under the supervision of a team of compliance experts, the platform follows strict compliance standards and protocols, implements a comprehensive compliance management structure, and makes arrangements for license applications in advance.

Platform operation

Services and products provided to users

Demonstrates industry-leading safety and reliability

1) Operation strategy

The long-term competitiveness of the Bingat trading platform lies in its strong R&D team, which provides users with world-class stability and service quality, and continues to improve user experience through long-term large-scale online and offline promotion and operations. We are committed to providing users with a high-quality trading and investment platform. To this end, we have developed a series of incentive policies to stimulate users’ enthusiasm for participation while promoting the vigorous development of our business.

Our incentive policy includes providing commission rewards to active users, covering many aspects such as redemption, investment and promotion of Bingat. In addition, we have also set up a user invitation program to encourage users to invite more users and conduct more transactions to promote Bingat’s promotion and trading activities. We believe that these incentive policies will effectively promote our business growth while bringing a better trading and investment experience to users.

2) High performance engine

The trading system adopts hardware-accelerated and efficient memory matching technology, with a peak order generation of 2 million+/second and a peak order processing of 1 million+/second. These statistics are hundreds, even thousands, of times higher than normal industry standards. Therefore, when the market is booming, it guarantees no delays or lags throughout the core order process.

3) Efficient customer service

Committed to solving customer needs in a timely manner, the platform provides 7*24 customer service through multiple channels, including web pages, hotlines, and emails. The platform’s prepayment and withdrawal security will be tested through AI algorithms. Once the application is reviewed, the automated system will immediately perform the input and remittance, ensuring convenience and security.

4) Invitation bonus

By inviting new users to register, users will be able to enjoy direct and indirect promotion bonuses. For example, if user B registers and trades through user A’s invitation code, then a certain part of the transaction fee will be awarded to user A as a direct bonus; the invitation bonus can increase the number of registrations and visitors, making communication and user activities more active.

5) Multiple cryptocurrency support

The underlying technology supports unlimited cryptocurrency trading pairs. In the early stages, Bingat provides BTC, ETH, USDT markets, including ETC, LTC, NEO and various highly tradable ERC20 token trading pairs. The support list will continue to expand in the future. Meet the crypto trading needs of more users.

Token scenario

Token economy

user-oriented

1) Deduction of handling fee:

As the platform currency is the internal currency of the exchange, users can use it to deduct transaction fees, thereby reducing transaction costs.

2) Holding currency to earn interest:

The platform may launch a currency holding reward mechanism. Users who hold platform currency can receive certain interest or rewards to encourage long-term holding.

3) Find new opportunities:

Platform currency holders may have the opportunity to participate in private investment in new projects launched by the platform, or receive airdrop rewards from the project side.

4) Blind box splitting:

The platform currency may be used to purchase blind boxes launched in the future, which may contain various digital assets or rewards.

5) Public chain:

The platform will adhere to the concept of sustainable development and launch the platform’s public chain ecosystem in the future. Based on professional technical depth, it provides developers with a diversified and dynamic ecological application platform. As an open and active blockchain ecosystem, MUSK Chain will attract more innovators, developers and users in the future and make positive contributions to the development of the blockchain industry.

6) Community governance:

In the future, the platform will launch a community governance plan to give more power to community members to participate in platform decision-making, enhance community cohesion and participation, and help better guide the development direction of the platform.

Bingat Protection Fund

Establish special fund for investors

Protect user asset security

In an attempt to prevent vicious events from happening again, Bingat’s “Proof of Reserve” is designed to protect users’ asset security. In order to make it easier for users to understand the platform security and asset transparency, Bingat regularly publishes “reserve certificates” to ensure that user funds are supported by 1:1 real assets. Bingat will also regularly issue reserve audit certificates, allowing users to easily confirm that their assets on the platform are safe.

“Transparency is an important factor in building trust and the platform will publish the wallet address of the protection fund. We advocate that all centralized exchanges do the same to benefit the entire crypto ecosystem and demonstrate to governments, regulators and important stakeholders Our ability and commitment to promote industry transparency and protect industry users.

➟ Want to start your digital currency journey? Go to Bingat to buy Bitcoin now!