BingX has leveraged WOO Network’s deep liquidity to improve its trading platform with better price execution and faster transactions.
BingX, an innovative social trading platform for digital assets, has partnered with crypto liquidity provider WOO Network to enhance price execution and transaction processing on its exchange.
Through the partnership, BingX users can access Wootrade, WOO Network’s institutional-grade liquidity solution, to support order flow and improve market depth.
According to details shared in a press release on Thursday, Wootrade is now available to BingX customers at no additional cost. With the integration, clients can opt into the solution and benefit from its deep liquidity pools.
The liquidity pools are accessible for all major trading pairs, the platform said in the announcement.
“WOO Network is excited to explore providing liquidity to BingX, a platform that plays a highly innovative role in bringing crypto trading to a global audience,” said Ran Yi, head of ecosystem development at WOO Network.
He added:
“BingX’s focus on compliance and security makes them an ideal partner for expanding into new markets and driving additional volume to our network.”
Improved price execution
The partnership is intended to strengthen BingX’s position as a platform for traders seeking faster and higher-quality services.
In particular, higher liquidity aims to boost customer confidence as order books grow deeper. The overall trading experience should also improve thanks to faster transaction speeds and better price execution, which can significantly reduce trading costs.
Over recent months, BingX has added multiple new tokens as it seeks to attract more users and deliver an improved trading experience. Newly listed assets include Avalanche (AVAX), Algorand (ALGO), Sushi (SUSHI), and Solana (SOL).
These tokens join more than 300 spot trading pairs on the platform; earlier listings have included OmiseGo (OMG) and Stellar (XLM).