Cryptocurrency Exchange BingX Launches Forex Markets Through RWA Derivatives

Cryptocurrency Exchange BingX Launches Forex Markets Through RWA Derivatives

According to BeInCrypto, BingX announced the expansion of its derivatives lineup to include real-world assets. The cryptocurrency exchange and Web3 AI company became one of the first digital trading platforms globally to provide access to currency markets through blockchain infrastructure.

The new feature integrates RWA trading directly into BingX perpetual futures lineup. Users can now trade major currency pairs with USDT settlement. BingX offers leverage up to 500x, reduced fees, and improved liquidity for forex markets.

Vivien Lin, Product Director at BingX, commented on the expansion. The development reflects the company's commitment to providing timely solutions that expand user horizons. The platform has made trading more diversified and efficient while lowering entry barriers for traders.

Why This Development Matters

This expansion provides cryptocurrency traders with direct access to traditional forex markets without leaving their preferred trading environment. Currency pairs can now be traded using familiar crypto infrastructure and settlement methods. Users benefit from USDT-denominated settlements instead of managing multiple fiat currency accounts.

The timing comes as the RWA sector experiences rapid growth. According to BingX Academy, the value of tokenized real-world assets on-chain reached over $29 billion as of September 2025. The RWA market includes 274 issuers and more than 385,000 asset holders worldwide.

BingX serves over 20 million users globally. The platform was founded in 2018 and provides derivatives, spot trading, and copy trading services. In 2024, BingX became the official cryptocurrency partner of Chelsea Football Club.

Industry Implications

The integration of forex markets into cryptocurrency platforms represents a convergence between traditional finance and digital assets. Value The Markets reports that the global FX market maintained an average daily turnover of $7.5 trillion in 2022. Spot trading in cryptocurrencies reached approximately $217 billion by June 2025.

Traditional forex brokers have begun adapting to cryptocurrency trading patterns throughout 2025. Several major platforms introduced continuous crypto trading services to eliminate weekend gaps. This shift acknowledges that cryptocurrency markets operate without traditional closing hours.

The gap between conventional currency trading and digital assets continues to narrow. Exchanges now offer trading pairs combining cryptocurrencies with major fiat currencies. This creates new arbitrage opportunities and hedging strategies that were absent from traditional forex markets.

RWA tokenization provides benefits beyond forex trading. The sector enables fractional ownership of traditionally illiquid assets. Institutional adoption has accelerated as global asset managers launch tokenized money market funds and treasuries. Blockchain infrastructure improvements support faster and more secure tokenization processes.

Further Reading

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