BingX and Legend Trading Announce Strategic Partnership to Streamline Fiat-to-Crypto Payments
BingX, a prominent crypto exchange with over 5 million users in more than 100 countries, has announced a strategic partnership with Legend Trading, a registered financial institution specializing in cryptocurrency trading and payments. The partnership will integrate Legend Pay, Legend Trading's fiat-to-crypto payment gateway, into the BingX platform, creating a comprehensive payment infrastructure that bridges the gap between crypto and traditional banking systems.
Legend Trading is a top cryptocurrency trading firm with over 800 institutional clients and is registered as a Money Service Business (MSB) with the Financial Crime Enforcement Network (FinCEN), ensuring adherence to stringent cybersecurity requirements. The company's Legend Pay service provides fiat-to-crypto payment gateways for cryptocurrency exchanges, wallets, DEX and DeFi wallets, enabling professional trade executions and settlement services that are secure and fully compliant with local regulations.
By integrating Legend Pay, BingX users can enjoy a streamlined fiat-to-crypto transaction experience, with assets in their bank accounts on the platform. Customers from over 150 countries can securely purchase crypto assets using bank transfers or credit/debit cards in 40+ fiat currencies, such as USD, GBP, CHF, EUR, JPY, and CAD, with support for most major local payment methods. Institutional-grade trading service is integrated into BingX, which provides users with compliant access to the most competitive fiat-to-crypto pricing and deep liquidity that can execute up to $20MM size for one single trade.
"We are thrilled to collaborate with Legend Trading to provide a seamless fiat-to-crypto payment experience for our users," said Elvisco Carrington, PR and Communications Director of BingX. "Legend Trading's diverse payment methods, fast deposit and withdrawal experience, and compliance with regulatory requirements make it an ideal partner for BingX. With the integration of Legend Pay, we can offer a wider range of payment methods and enhance the overall user experience on our platform."
"Our partnership with BingX marks a significant milestone in our mission to connect the TradFi world to crypto, making it easier for people to access digital assets and services globally," said Hao Chen, CEO of Legend Trading. "Legend Pay offers users an expanded variety of ways to purchase cryptocurrencies, enabling them to utilize their preferred buying methods and facilitating even larger trade amounts."
To celebrate the partnership, first-time buyers can enjoy zero fees on their crypto purchases for a limited time. The collaboration aims to establish a comprehensive payment infrastructure that bridges the gap between BingX and traditional banking systems, bringing the companies closer to their vision of building a gateway for the next billion crypto users.
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.
About Legend Trading
Legend Trading is a leading U.S. regulated cryptocurrency trading firm trusted by over 800 institutional clients, offering high-quality trading services, regulatory compliance, robust IT infrastructure, and settlement efficiency. Legend Pay, Legend Trading's payment service, specializes in providing fiat to crypto payment gateways and financial solutions to cryptocurrency exchanges, wallets, NFT marketplaces, and other platforms. As a regulated financial institution, Legend Trading strives to bridge the gap between crypto and traditional financial systems through its innovative services.
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