BingX, a leading crypto exchange and Web3 AI company, has officially obtained the Payment Card Industry Data Security Standard (PCI DSS) v4.0.1 certification for its fiat business. This is an important milestone in the journey of protecting user privacy and data security. With this achievement, BingX has become one of the first crypto exchanges in the world to be honored, affirming its pioneering position in applying global security standards in the Web3 field.
PCI DSS v4.0.1, managed by the PCI Security Standards Council - an organization founded by Visa, Mastercard, American Express, Discover, and JCB - sets strict requirements to protect sensitive payment data throughout storage, transmission, and processing.
This certification confirms that BingX fully meets the standards in 6 critical security areas, including: cybersecurity, vulnerability management, data protection, access control, system monitoring, and information security strategy. For BingX users, this means they will be able to trade in a safer environment when depositing/withdrawing fiat and making card payments, ensuring a smooth and secure payment channel.
Mr. Daniel Lai, BingX's Business Director, shared:
"Security has always been a core value in all of BingX's activities. Obtaining the PCI DSS v4.0.1 certification is not just a compliance milestone, but also a commitment to users that all transactions are processed according to the highest global security standards. In the context of digital assets and fiat becoming increasingly interconnected, protecting users with strict security layers is mandatory - and a mission that BingX always prioritizes."
This certification further reinforces BingX's comprehensive security framework, which includes: advanced anti-money laundering (AML) system to prevent illegal money flows; periodic Proof of Reserves disclosure to ensure asset transparency; real-time monitoring and early warning for unusual activities; suspicious withdrawal transaction review process; and the $150 million Shield Fund established by BingX to protect users in case of incidents.
Additionally, BingX collaborates with independent audit partners, regularly updates its system, applies advanced encryption and verification technologies, and works with top global security experts. The combination of international PCI DSS security standards and these proactive measures helps BingX maintain a safe - transparent - trading environment that prioritizes user interests.
About BingX
Established in 2018, BingX Exchange is a leading crypto exchange and Web3 AI company, serving over 20 million global users. With a comprehensive product suite integrating artificial intelligence AI — from Spot Trading, Derivatives to trading copy — BingX meets diverse user needs at all levels, from beginners to professional investors. Committed to building an intelligent and reliable trading platform, BingX continuously innovates to enhance user performance and confidence. In 2024, BingX became an official partner of Chelsea Football Club, marking a significant step in sports sponsorship. Download the BingX Exchange app on iOS or Android now to start your investment journey!
Media Contact: media@bingx.com
More Information: https://bingx.com
