BingX receives certification to progress with fiat operations
The post BingX receives certification to progress with fiat operations appeared on BitcoinEthereumNews.com.
BingX, one of the major crypto exchanges with Web3 features, attained the Payment Card Industry Data Security Standard (PCI DSS). The market operator is among the first crypto exchanges to add the certification for handling fiat payments. BingX acquired the Payment Card Industry Data Security Standard (PCI DSS) certification for its fiat business, setting a new benchmark for payment security. The exchange is among the early adopters of PCI DSS. The only other prominent market operator with the same certification level is WhiteBIT, as Cryptopolitan reported previously. The PCI DSS v4.0.1 certification is a global security standard, maintained by the PCI Security Standards Council. The payment standard governance body is founded by Visa, Mastercard, American Express, Discover, and JCB, setting rigorous requirements for sensitive payment data. BingX currently carries over $1.8B in daily trading, with ETH activity making up over 27% of all swaps. The exchange is among the top markets based on its reported daily volume. The market has 318 high-confidence trading pairs and 505 low-liquidity, lower-confidence pairs. BingX has been around since the 2018 bull market, serving over 20M registered users. BingX covers more requirements for exchange security With the latest certification, BingX has progressed in the major security domain areas – network safety, vulnerability management, data protection, access control, monitoring, and information security. This makes fiat deposits and card payments safer for end users, ensuring compliant, always-available payment channels. “Security has always been at the heart of BingX‘s operations. Achieving PCI DSS v4.0.1 certification is more than a compliance milestone; it is a commitment to our users that every transaction is handled with the highest global security standards,” said Daniel Lai, Chief Business Officer at BingX. “As digital asset and fiat rails converge, safeguarding users through rigorous protections is not optional – it is core to our mission…
Filed under: News - @ August 14, 2025 1:31 pm