BingX, a leading cryptocurrency exchange, has officially launched BingX TradFi, a new product that allows users to trade futures contracts based on real-world assets, marking a significant expansion beyond crypto-only offerings. The platform now provides exposure to over fifty underlying instruments, including agricultural commodities like cocoa and soybeans, precious metals (gold, silver), energy resources (oil, gas), major forex pairs (EURUSD, USDJPY), prominent stocks (TSLA, NVDA), and leading indices such as the S&P 500 and NASDAQ 100.
A key feature of the new service is the availability of leverage up to 500x, combined with crypto-style trading infrastructure that offers continuous, 24/7 trading. According to Vivien Lin, BingX's Chief Product Officer, the goal is to "lower barriers and give global users easier entry to a broad range of asset classes from a single platform." She emphasized that interest is particularly strong in regions like the Middle East and North Africa, where access to international markets through traditional brokers can be costly or restricted.
This move is part of a broader industry trend where crypto exchanges are positioning themselves as all-in-one financial hubs. Rival exchange Bitget has also begun rolling out its own suite of traditional-asset derivatives, which include exposure to gold, forex, metals, indices, and stock-based CFDs. Bitget CEO Gracy Chen described this convergence as a "turning point" where assets from separate financial silos now trade side-by-side within a single system.
Similarly, Binance has introduced commodity-linked perpetual contracts tied to assets like gold and silver, which settle in USDT and operate under the Abu Dhabi Global Market regulatory framework. These simultaneous launches from major exchanges signal a broader experiment in the industry, leveraging existing crypto derivatives scale and technology to stretch into conventional finance.
While this trend represents a product-level convergence, it is not a full merger with traditional brokerage models. Regulatory standards and investor protections still vary widely by jurisdiction, and stablecoin-based settlement may limit availability in certain regions, including parts of the European Union. Nonetheless, the initiative underscores how crypto-native platforms are increasingly reshaping how traders access multiple asset classes globally.
