BingX, a major crypto exchange and Web3-AI company, has launched EventX, a new contracts feature that turns real-world events into tradable assets. Users can now trade the probability of outcomes across politics, sports, entertainment, economics, and crypto, with up to 10x leverage and zero fees during a limited-time promotion.
Each market operates on a simple Yes/No structure: participants buy Yes or No contracts priced between 0 and 1, reflecting the perceived probability. Two trading modes are available: Classic Mode for straightforward event betting, and Leverage Mode to amplify exposure by 10 times. The feature is integrated with BingX's VIP tier system, further lowering trading costs.
Zero-fee window and dual trading modes
During the launch period, EventX charges no fees. Users can toggle between Classic and Leverage modes depending on their risk appetite. Leverage Mode uses 10x multiplication to increase potential gains—and losses. According to BingX, this allows traders to engage with global conversations without leaving the platform.
Pablo Monti, spokesperson for BingX, said: “EventX is the next step in evolving BingX’s multi-market and multi-asset ecosystem. User interest now extends beyond traditional crypto trading into broader event-driven opportunities. We’re creating a more diverse and engaging trading environment that connects users to global topics.”
Company background and partnerships
Founded in 2018, BingX serves over 40 million users worldwide and ranks among the top five global crypto derivatives exchanges. It pioneered crypto copy trading and now offers a suite of AI-powered products including futures, spot, copy trading, and TradFi tools. BingX has been the principal partner of Chelsea FC since 2024 and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026.
Availability of EventX varies by region; access is limited to compliant jurisdictions as per local regulations. For details, users should refer to BingX's official announcement.