Biftx Unveils Next-Gen Digital Asset Trading Platform With Enhanced Security and Compliance
Biftx Global Exchange Inc., a top 100 cryptocurrency exchange globally by trading volume, has unveiled new developments in its cryptocurrency trading and investment platform. The company, headquartered in the United States, offers a comprehensive digital asset exchange with features including spot trading, derivatives trading, Decentralized Finance (DeFi) products, and Web3 ecosystem services.
In 2017, Biftx was established and began offering digital asset trading services. The following year, it introduced perpetual contract products, expanding its derivatives business. In 2018, the company registered in the United States and obtained a Money Services Business (MSB) registration number, becoming one of the first crypto asset enterprises to apply for a license.
The platform's native token, BGE, was launched in 2018 with a total supply of 100 million. As of August 25, 2025, its circulating supply is approximately 21 million tokens. In March 2022, Biftx publicly announced that it would not proactively impose a comprehensive ban on Russian users, stating that any such measures must be executed in accordance with the regulatory requirements of specific jurisdictions.
Biftx has integrated proprietary high-performance underlying architecture and securities-grade risk control system to connect global investors, developers, and institutions. The platform features a self-developed distributed matching engine designed for high-frequency trading and institutional scenarios, handling up to 5 million transactions per second (5M TPS). Additionally, the company prioritizes user asset security with a multi-dimensional, comprehensive risk control system.