What is BingX Wealth?
BingX Wealth offers an all-in-one asset management service designed to make your "idle funds work for you” and earn steady returns.
We support mainstream cryptocurrencies such as USDT, BTC, ETH, and more. We offer two main modes: "Flexible" and "Fixed-Term," catering to your personalized asset management needs.
Our Product Advantages
BingX wealth management offers conservative earning options, with a variety of product durations that provide relatively stable interest returns.
No fees are charged for subscription and redemption.
Steady and Reliable
BingX is among the first batch of cryptocurrency exchanges to pass the Merkle Tree Proof of Reserves (POR) verification, providing 100% asset collateralization and regularly publishing Merkle Tree proofs to ensure the security of users' assets. BingX has a stringent risk control system, robust security measures, and advanced infrastructure, all of which contribute to safeguarding user asset security.
BingX Wealth Rules
1. Flexible-term Financial Products
1.1 It can be subscribed and redeemed at any time.
1.2 Subscription: Flexible-term products purchased before 13:59 daily will start accruing interest from 16:00 on the second day, while those purchased after 14:00 will start accruing interest from 16:00 on the third day (all times in UTC).
1.3 Interest: The interest will be automatically reinvested, and the yield will change in real-time based on the market fund utilization. The compounded interest will accumulate directly in the wealth account. Since these interests have not been manually redeemed to the fund account, there won't be any fund history records for them. Funding records will only appear when the user initiates the redemption of principal and interest to the fund account.
1.4 Redemption: The redemption period starts from the 2nd day after the purchase of the flexible-term product. The amount subscribed will not available for redemption on the same day. After initiating redemption, the funds are typically credited in real-time from the wealth account back to the fund account. If there is a system maintenance or upgrade, please try to initiate the redemption again on the following day. The redemption amount is prioritized to redeem interest first, and then the principal.
2. Fixed-Term Financial Products
2.1 Fixed-term products have fixed start and maturity times. Please refer to the product page for details.
2.2 Subscription: After a user initiates the subscription of a fixed-term product, the outcome is usually provided on the second day. If the subscription is successful, interest will start to accrue. Occasionally, unsuccessful subscription may occur due to reasons such as insufficient product quota, in which case the amount will be automatically returned to the fund account.
2.3 Redemption: Fixed-term products will be automatically redeemed for principal and interest upon maturity to the fund account, usually within 1 business days and credited to the fund account.
3. Financial Valuation
3.1 Total Asset Value: The sum of the principal and interest currently in the wealth account (subject to change according to interest rate fluctuations).
3.2 Cumulative Earnings: The total sum of interest that has been generated cumulatively.
3.3 Yesterday's Profit: The total estimated interest generated yesterday, with interest from fixed-term products calculated on a daily basis.
*The above values are all estimated and for reference purposes only. The actual amount credited upon redemption shall take precedence.
Do you have any further questions? For more assistance, please refer to the BingX Wealth FAQs.