It is part of a broader strategy that includes the implementation of Proof-of-Reserve to enhance platform integrity and further protect users.

This initiative emphasizes BingX's commitment to transparency, accountability, and a user-first approach in the cryptocurrency market.

The fund's structure includes these ongoing evaluations to ensure long-term sustainability and real-time protection for users.

Vivien Lin, Chief Product Officer at BingX, stated that the Shield Fund symbolizes the company's responsibility towards user security and reflects its commitment to responsible trading.

On June 5, 2025, BingX, a global cryptocurrency exchange, launched a $150 million Shield Fund aimed at protecting users from cyber threats and market volatility.

This fund serves as a significant safety net for users, safeguarding assets against exchange hacks, liquidity issues, and market downturns.

The Shield Fund is self-funded and always operational, allowing for swift responses during crises, which highlights BingX's focus on user protection.

BingX reinforces this commitment through continuous internal audits and dynamic risk assessments of the Shield Fund, adapting to changing market conditions.

Founded in 2018, BingX serves over 20 million users globally with a range of crypto and AI-powered services, including derivatives and copy trading.

In 2024, BingX expanded its brand visibility by becoming the official cryptocurrency exchange partner for Chelsea Football Club.

To enhance user protection, BingX utilizes advanced technologies to monitor risk exposure, enabling early detection of emerging threats.

The Shield Fund complements existing security measures like multi-factor authentication, cold storage, and AI-based fraud detection.