[PRESS RELEASE – Dubai, UAE, June 20th, 2025]

Veles Finance introduces a trading bot for BingX: automate crypto trading with a sign-up bonus

Veles Finance, a platform specializing in crypto trading automation solutions, has integrated its trading bot with the global exchange BingX. The tool is available for spot trading and futures, supports algorithmic strategies, and requires minimal manual configuration.

Key advantages of the Veles trading bot for BingX

• Strategy automation: the bot implements popular trading methods in the cryptocurrency market.
• Connection security: integration via the official BingX API without transferring control rights over funds.
• Exclusive bonus: users who activate the bot through Veles Finance receive a bonus.

BingX is one of the few exchanges offering low commissions and a stable API for algorithmic trading. In Veles we are sure that our bot reduces setup time: even beginners can launch it in 15 minutes, and experienced traders can adapt it to their own strategies.

Getting Started with Veles Finance Automated Trading via BingX

To initiate the process, users should:

1. Register an account on BingX
2. Generate API keys and connect them through the BingX dashboard
3. Launch the Veles Finance trading bot and activate the available bonus

This setup enables streamlined access to automated trading functionalities without requiring direct manual intervention for each transaction.

About the BingX exchange

BingX is ranked in the top 20 global exchanges by trading volume according to CoinGecko data Over 5 million users, including traders from Russia and the CIS.

On BingX, trading bots communicate with the exchange through an API (application programming interface. They thoroughly examine market information such as asset pricing, trading volumes, and technical signals. When predefined conditions are met, the bot initiates trades automatically.

About Veles Finance

Veles Finance is a platform for creating and managing trading bots in the cryptocurrency market. As an official partner of major crypto exchanges, Veles offers powerful tools for strategy development, including access to historical data and backtesting functionality. Users can either create custom bots or choose from a range of pre-configured options for quick deployment. To manage risk and maximize profitability, the platform supports features such as breakeven Stop Loss, Multi-Take Profit, and Trailing Take Profit. Users can also book a free personal consultation for tailored guidance.

Contact Us

E-mail: info@veles.finance

Telegram: https://t.me/VelesSupportBot

According to a report on Reuters’ live newswire covering the war between Israel and Iran, the latter is ready to discuss limitations on its uranium enrichment. This is according to a senior Iranian official.

“The role of European powers is now more prominent as Tehran is unwilling to engage with US amid Israeli attacks. Zero enrichment will undoubtedly be rejected, especially now, under Israel’s strikes.” – reportedly said the official.

Bitcoin’s price remains unfazed by the news, trading at around $106,000 at the time of this writing.

The markets are, however, seemingly factoring in a de-escalation as BTC climbed over 1.5% in the past 24 hours, followed by the majority of the altcoins market.

The latest reports come as the US President Donald Trump said that he will be making a decision on US military entry into the hostilities within the next two weeks. This has pushed oil pricess to fall by more than 3%.

This story is developing.

The total stablecoin supply has surpassed $250 billion for the first time, according to the latest stats shared by Delphi Digital. Yield-bearing stablecoins are expanding rapidly, with Ethena alone reaching nearly $6 billion since launch.

Tether’s USDT and Circle’s USDC continue to dominate the space, and collectively account for 86% of the outstanding supply. However, issuer diversity is rising, with over 10 stablecoins now exceeding $100 million in circulation.

Over $120 billion in US Treasuries are now held within stablecoins.

Forces Behind the $250B Stablecoin Boom

It is important to note that the market has rebounded significantly after key disruptions over the past four years, including the May 2022 collapse of Terra (UST), which triggered a loss of confidence in algorithmic stablecoins, and the March 2023 USDC de-peg caused by the regional banking crisis and Circle’s $3.3 billion exposure to SVB.

Recent growth can be attributed to broader digital asset market recovery, the 2024 launch of US-listed spot crypto ETFs, and a shift in sentiment under the Trump administration, which has increased institutional interest and adoption of digital assets.

As the stablecoin market matures and gains momentum, policymakers are stepping in with new legislation in a bid to solidify the US’s leadership in digital finance.

GENIUS Act Advances

After the Senate passed the GENIUS Act in a 68-30 vote, US President Donald Trump called on the House to act quickly to pass the bill. The Guiding and Establishing National Innovation for US Stablecoins Act. On Truth Social, Trump said the bill would make America the “undisputed leader in digital assets,” and urged lawmakers to avoid delays or amendments.

The bill’s sponsor, Senator Bill Hagerty, had previously highlighted its potential to speed up payment processing across the country. The House, controlled by a narrow Republican majority, is now expected to take up the vote.

Criticism of the GENIUS Act has been fierce in some quarters, particularly from Democratic lawmakers concerned about conflicts of interest. The bill initially stalled in May, failing a cloture vote amid worries over Trump’s crypto connections.

Senator Elizabeth Warren, for one, stated that the legislation could enable Trump and his family to earn “hundreds of millions” through their USD1 stablecoin. While Senator Mark Warner echoed ethical concerns, he warned that continued inaction would leave the US behind.