How BingX Restored User Confidence After a Hack in Record Time

It's important in the crypto space to make this kind of updates as people need to understand the repercussions that a Hack can have in crypto exchanges also into people's finances.

So when a platform get hacked and in speed lightning time restore customers ability to take their funds out, we are seeing some divergent path in here. Most platforms after an hack face serious problems but not the case of BingX. Their Chief Product Officer (CPO) have handled the situation like it should and, guess what? Users also showed big trust in the platform.

Crypto is mainly most about trust and if this is met, the parties involved can have a long partnership. If people start to losing faith in a product it can go for million into pennies in no time!

In the latest update, the CFO have showed appreciation for her users after assuring that deposits and withdrawals are reopening gradually. The chains reopened for withdraw have seen not much traffic in people taken out their cash, which is surprising after all, people when suffer an attack on their platforms rush to withdraw but it's not what I'd happening on BingX.

People are taking what they need and cashing out what their want. Interesting that they are asking more for deposits and when full service will be restored. So, what to note is that withdrawals on certain chain are already enabled, deposit will be gradually reopening, users are not rushing to take out their money and the community is with the platform.

Follow the example WazirX! Why you keep your customers hostage of your situation? Not nice. Remember:

CONTENT IS KING!