The digital asset exchange BingX announced a transformative financial milestone on January 19, 2026, revealing that its integrated traditional finance (TradFi) business recorded a 24-hour trading volume exceeding $1 billion. This achievement marks a significant pivot for the platform, which has evolved from a pure cryptocurrency exchange into a comprehensive "Web3-AI" financial hub serving over 40 million users globally.
The primary driver behind this record volume was explosive demand for gold-linked instruments, which accounted for over $500 million—exactly half of the total TradFi activity. This surge coincides with a historic rally in physical gold, where spot prices approached an all-time high of $4,722 per ounce. The rally is attributed to heightened geopolitical tensions, including the "Greenland Ultimatum" and former President Trump's threat of tariffs on Europe, which have driven investors toward safe-haven assets. Gold has gained approximately 65% in value throughout 2025, with a 9% increase in early 2026.
BingX facilitates gold trading through perpetual futures contracts ("perps") that settle in USDT and offer up to 500x leverage. Unlike traditional contracts-for-difference, these instruments provide "always-on" liquidity, operating 24/7 and bypassing weekend closures of major exchanges like New York and London. This feature has made BingX a preferred destination for high-frequency traders and safe-haven seekers.
Beyond gold, the platform's TradFi Copy Trading segment reached a single-day peak of $51.84 million within just 15 days of its public launch. This feature allows less experienced users to automatically mirror professional traders' strategies across asset classes, including major forex pairs like EUR/USD and leading equity indices.
To support this growth, BingX has committed over $300 million to developing AI-native trading tools like "AI Bingo" and "AI Master," which provide real-time sentiment analysis and automated risk management. The exchange's recent partnership with Scuderia Ferrari HP further signals its intent to align with world-class brands. Looking ahead, BingX aims to expand its TradFi offering to include over 100 different real-world assets.
Vivien Lin, Chief Product Officer at BingX, stated that this volume milestone is a testament to the platform's technical capability and the increasing trust institutional and retail participants place in crypto-native infrastructure for traditional market execution. The exchange's success places it alongside competitors like Binance and Bitget, which have also expanded into traditional financial instruments, blurring the lines between legacy finance and the crypto world.
