BingX Lists PayPal USD (PYUSD) and Ovato (OVO)

–News Direct–

SINGAPORE – Media OutReach – 31 August 2023 – BingX, a top cryptocurrency trading platform, continues its mission of providing users with opportunities by announcing the listing of two new tokens on its Spot trading platform: PayPal USD (PYUSD) and Ovato (OVO). These developments mark significant milestones for the cryptocurrency sector, demonstrating its resilience and adaptability as PayPal is the first to launch a stablecoin as a major payment processor. Furthermore, recent legal proceedings challenging the U.S. Securities and Exchange Commission (SEC) are sparking optimism for the eventual approval of a Bitcoin Exchange-Traded Fund (ETF), providing renewed hope for the broader cryptocurrency landscape.

PayPal USD (PYUSD): Redefining Digital Transactions

BingX introduces PayPal USD trading pair (PYUSD/USDT), a stablecoin redesigning digital transactions. PYUSD facilitates seamless buying, selling, and transferring within the platform. Transfers to Ethereum wallets and fee-free transactions on PayPal further enhance its usability.

Ovato (OVO): Merging Decentralization with Centralized Principles

BingX welcomes Ovato trading pair (OVO/USDT), utilizing blockchain for decentralized economics with a nod to centralized business efficiency. This model promotes OVO's utility coin adoption, combining decentralization benefits, high speed Transaction Per Second with closed point-to-point effectiveness.

Celebrating Ovato (OVO)'s inclusion, BingX presents user-engaging events with deposit-based cashbacks and rewards, underscoring its commitment to enriching the trading experience. From deposit cashbacks to participation rewards, users have the chance to share a prize pool totaling over $20,000. Stay Tuned to BingX OVO Airdrop Event for further updates.

About BingX

Founded in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way.

Contact Details

BingX

Elvisco

elvisco@bingx.com

Company Website

https://bingx.com/en-us/

View source version on newsdirect.com: https://newsdirect.com/news/bingx-lists-paypal-usd-pyusd-and-ovato-ovo-565927303

BingX

comtex tracking

COMTEX_439267564/2655/2023-08-30T21:00:29

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Boston New Times  journalist was involved in the writing and production of this article.

Written by