BingX Review 2026: Fees, Features, Facts & More

BingX Overview

If you are wondering if BingX is a reliable and secure crypto exchange, you have come to the right place. In this BingX review, we will share everything that we experienced when thoroughly testing the exchange.

Here, we have a complete review of BingX, discussing its features, fees, trading options, security measures, customer support, and much more. So, read till the end to decide if it is the right crypto exchange for you.
BingX was founded in 2018 by Josh Lu and quickly became a popular global player, with more than 5 million registered users. With over 637 supported assets, low fees, and a daily trading volume of over $4,172,856,718, BingX is one of the most active crypto exchanges in the world.

The platform is well-designed, making it a beginner-friendly option. However, BingX also offers advanced options and features such as 150x leverage, cross and isolated margin mode, advanced orders, and more, making BingX a great option for experienced crypto traders.

BingX securely operates in more than 180 countries without KYC requirements. Moreover, multiple authorities and legal bodies regulate its actions and operations. Briefly, BingX appears to be a legitimate and secure exchange to buy, sell, trade, and convert crypto.

Aside from trading, BingX offers passive income products, including copy trading, earning, and automated grid bots.

What we love about BingX is its free demo trading feature. This is perfect for beginners or traders who want to try out new strategies without having to risk their hard-earned money.

BingX Pros & Cons

Pros & cons for BingX have not been entered in the database yet.

BingX Signup & KYC

Signing up on BingX just requires an email and a password. Alternatively, you can sign up using your phone number. The whole signup process takes no longer than 30 seconds.

Does BingX Require KYC?

Yes, BingX requires KYC verification. That means you can not use the BingX tradingplatform without verifying your identity.

By unlocking higher KYC verification levels, you unlock additional features such as higher withdrawal limits.

To complete KYC you must provide a government issued ID, Passport, or Drivers License. Additionally, a facial scan is required.

How to complete BingX KYC Verification

If you want to verify your account, you must provide your country of residence, a government-issued ID, Passport, or Driver’s license, and a selfie. After verification, you get full access to all payment methods and a 24-hour withdrawal limit of $5,000,000. The KYC process is managed by sumsub, a popular KYC verification company with headquarters in the UK and Cyprus.

1. Visit the official BingX website and create your account using your email or phone number.
2. Verify your email or phone number with a 6-digit code.
3. To unlock all features, complete the KYC verification by providing a government-issued ID or passport.
4. Deposit funds and start trading.

You can view the withdrawal limits for each KYC level below.

BingX Products & Services

Aside from trading products, BingX offers great products to earn additional income. These products include copy trading, automated bot trading, and a wealth section to earn passive income.

Copy Trading

BingX copy Trading has been a great assistant for beginners since it allows them to follow an expert trader and learn different techniques while earning potential income. BingX allows copy trading for future and spot traders, allowing beginners to filter experts through various categories. They can select the professionals according to ROI, APY, conservative approach, rising stars, trending ones, and others.

On the other hand, you can get a handsome commission from your follower’s profit as an expert trader. You can apply for the position if you have 110 UST in your balance, have been trading for over 30 days, and have a 40% win ratio in this duration. The platform shares up to 20% of the followers’ profit with professional traders.

Grid Bot Trading

You can also use BingX trading bots, known as grids, to automate your trading and earn profits while you are sleeping. BingX has a large reservoir for its grid users in both spot and futures trading. Currently, its Futures grid has more than 27,000 users, with a total investment of $41.6 billion. In contrast, the Spot grid has over 160,000 users, investing $39.8 million.

There’s also another particular Spot Infinity Grid, providing non-stop arbitrage and not having any upper limit. It has already invested $1.6 million, according to BingX.

Learning Center

BingX also has a diversified learning center for its newcomers, regular users, and crypto beginners. The BingX Academy provides a complete platform to learn about the crypto world, its terms, and its methodologies. The Help Center has numerous articles, guides, and tutorials on various platform issues. It is a helpful section for beginners and old users facing certain complications.

One of its unique sections is BingX Glossary, an excellent area to learn about several words, terms, abbreviations, and jargon. The glossary doesn’t only cover words and terms from the crypto world, but you will also find definitions from trading, finance, commerce, and other departments in alphabetical order. Lastly, BingX Blogs will update you about different news, events, promotions, insights, and announcements from the platform.

P2P Trading

The peer-to-peer trading platform on BingX is well-designed and very user-friendly. With over 100 supported payment methods and 40 fiat currencies, the BingX P2P market offers a great opportunity to on- and offramp funds through various payment methods.

However, when compared to other P2P trading platforms such as OKX and Binance, BingX’s P2P platform is relatively small.

Read our step-by-step BingX P2P guide to learn more.

BingX Card

In 2024 BingX launched its very own crypto debit card. If you are a verified BingX user, you can apply for the BingX mastercard. Its a debit card funded via cryptocurrencies. If you are seeking a convenient way to spend your cryptos without having to withdraw fiat to your bank account first, you should give the BingX debit card a try.

The BingX card can be used as a virtual card online, but you can also order a physical card which you can use at stores as well for withdrawing money from ATMs.

While we love the idea of spending cryptos directly with a MasterCard, there are some limits to consider.

• The BingX card comes with a maximum daily load limit of 10,000€
• BingX card owners pay a monthly maintenance fee of 1€
• Payments inside the EEA are free (0% fees)
• Payments outside the E EA come with a 2% fee

Demo Trading

BingX uses VST (Virtual USDT) for demo margin and profit/loss calculations. Perpetual and Standard Futures have separate demo balances; these are distinct from real USDT and cannot be withdrawn. The guide below covers Perpetual Futures. Check the VST panel for the current balance and additional-fund eligibility. Official demo details.

BingX Supported Cryptocurrencies

BingX exchange supports more than 637 crypto coins to trade, buy, sell, and convert on the spot market. Futures trades can access over 569 contracts for leverage trading with up to 150x.  The most common examples include Bitcoin, Ethereum, Tether, Ripple, Cardano, DogeCoin, Polygon, Solana, Uniswap, Tron, etc.

To top it all off, BingX supports traditional finance assets, including Stocks, Forex, Indices, and Commodities.

• Cryptocurrencies: BingX offers over 637 cryptos, including all popular coins such as Bitcoin, Ethereum, or Cardano. Even new coins and meme coins, such as DOGE or WIF, are supported.
• Stocks: If you want to trade stocks, you can access over 50 options, including Tesla (TSLA), Apple (AAPL), Google (GOOG), NVIDIA (NVDA), and many more.
• Forex: For Forex trading, BingX supports 40+ trading pairs of currencies, including the following currencies: USD, EUR, GBP, CAD, AUD, CHF, JPY, and more.
• Commodities: BingX offers 15+ commodities, including Gold, Crude Oil, Silver, Heating Oil, Natural Gas, Sugar, and more.
• Indices: BingX supports 14 indices, including all major indices such as S&P 500, NASDAQ, DAX, DOW, and more.

Below, you can see a table with all supported assets on BingX.

BingX lists 637 spot assets and 569 futures markets.

Spot coins 637Futures coins 569

BTCUSDCETHRARAINPROTOCOL9B9BITNEARPSPSRMMMBGGOMININGSOLACACIREZECBUBUBISTRKXRPWLDSUIUNIADABNBENAAPEPEUSD1SISIGMAETHHYPEWFIAAVEDOGEONDOQNTCFXLINKPUMPKAIAAVAXINJTAOCTCTMDEODOPOGNFILFETCRYPGPTPROMTOTOTTLTCDOTAEROTRXMNTCHIPATOMEVEVAAPTARBBABATTIAPIXELQFILPTCOINDEPOZKPEPEARPAASTERZROHBARPOLLDOUSUSECORNMAMARSCOINULTIMAORCABCHGRGRANTWALWLFIICPBEBELDEXRAYXAIC98XLMSENTSANDRADPENGUWCTSIALTMUBARAKLQRXPLFDUSDBELALGORENDERJUPXAUTETHFISPCXBSYSYNTBSCSEIGMTXUSDPLUMESTXPONSCAKEALCHSKYEIGENFLTCOCOLSOPNGALAHUMABTTETCSNDKBFDFDCGRGRAMTONPROPSACNPYTHSNCOKBCRCLONCRVPOWERSJTOPAXGAXSPUSSMNSRYCROOMIVVVACTBILLOPGNMRSHIBGRASSDADARSKLCKBRUNERTRTF0GGEMSKITEMETAXIMXCYBERLAWBWBTCHINTWIFDODOSWCHZAMAFOFOGBREVYGGBNCONONTACTSAIMBMBSRCFGMANTANILMEGACETUSOWOWLNEOAPI3SMSMARTSKEYLSKSTORMSTABLEAMPSPXMANATTTTSGLMRRIRIOAM87SYNPENDLEAPETRIALIMEARTHETAMERLTOWERBOMEORDICOTIXDXDPENJMORPHOONEUSUALALICETSTROBOSTSTONKKASFLOKIBONKENSOAUCNFLUXCOMPAUDIOESPGIGGLESNEKBMT2ZCROSSLILIGHTERACEVETUSELESSLINEAMOMONADCTCTMCOINMEYIOGRIFFAINFLOWAVNTATHZEUSNONOMINABIOHOLOSUPERAPEXMSTRXCASHCATIOTAUAITRTRUMPSOLAPRZKCJASMYSYRUPTUSDTUTSOXLBPOPORTALGMXAKTFIDACHZUSQQQBDEEPXCNYBDOGDIASTORJLYNMUMUSEBOOKAGAGTALIAIORIOSIRENNAORISXCHGMEEBABASECATBLZBRBRLMIMIRANETWORKXPEVAAFOFONEGOOGLONBICOBASEDPTBAVGOONAMZNON4BSBELONNVDAONMYXSTBLRIVERBOBONERMAMAGICWCTPYRGRTCLANKERHIHIGHAIAIINUNINIULAISPYONUBPLTRONSTGAAPLONNSTCOINONMSFTONCLOSPYXBEATTRTROLLSOLFARTCOINAEAEONBSCACULLYONSKYAIOPOPENEDENUNHONAMAMEMECOINBLUAIANSEMVSNSLVONMOMOODENGSOLUSDDRAVEUSUSEPAIDACXOPOPENLEDGERBABAONGUACYSXPINBLESSONVICGEGENSYNHPPALALIGNTHQBROCCOLIMELANIAQQQONTRBTAGDADATANETWORKPIPPINMITOMSTRONTNSRFFGWEIJELLYJELLYTSLAONWAWAXLOBPRLHUHUMANITYSPSPORTFUNCNCNPYXNYTRUTHCATESWARMSKAVAVELVETMEMETEORAZORAACACHZRXARXMUBQWINBABYDYDXSUNCVXXTZARKMKAITOICNTLUNCDAOSCRGOGOBOBBOUNTYMANTRAVANRYSISISCMORIPYUSDBULLININTCBPARTIAUAUTONOMIILVTREEFORMBBTAIOZREREZBIGTIMEEGLDDODOSCREONOTSKHYBSPKENSEPICBLURCGPTMEAVATWTMEMEKORUBFLOCKTURBOKATHOTANKRSAHARAPNUTSIGNKMNOCRCLXBRETTZBCNOGAIXBTLAYERGHEISASAARYFITOWNSVANAPEOPLEFTFTTRARATSKSMCACAPVERSETHEFLR1INCHALLOHOMEMASKTLMSLPJOEXECAPTMSTSTETHXDCCELRSNXCCPCPHMSTRCOINXMLCHECKSXTPROVEMOVECORETSLABBIRBBERARPLSHELLUSDSIOTXCOOKIEZILRSRTELSTOSISIDTNXPCJCTAEVOIOSTSOSOMISUSHIMMTRWAZBZBTPIEVERSEATMBLBLENDELSAATSLUNAXVGFOGOCSPRPOPCATDGBLABBARDMNTXMETISRVVSKRGPSNVDAXUSTCHOODXCOWGOOGLXMCADEDOGSMEWSASAPIENGRGRVTSSVXANRECALLNBISBREALBABYDOGESLXBANANAS31ASPSONICAUCTIONEURIDOLORONMTLWAXPIRYSAAPLXNENEIROCTOTOSHITSLAXSATSSFPBANANAZEREBROLQTYTLOSAXTIBKERNELGLMGNOCATIDRAMBETHWDRVHFTMRVLBPROMPTTACATBANGTAIFHEWTWTICVINEARCBNKRGOHOMEDAGHVLOAZAZURESETPTUMOGFARCHOALULOFIWOLFTETARARTXABCLOREU2UTRADOORNPCCELLLNLNQNEXAVIRTUALERAHMNDSUSUTZAIDMTRQIEVERTVELOAGIAEAEMDEDEVERSEMTVZKPCOAIKIKIPVOVOLFWTHSK4EVERALALPHAXATDEDEFISSIEUEURFIFIRFOFOFOMAMAG7SSIMNMNTCOPENXSOLVSOSOTETEST251029TRTRUU

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BingX Trading Platform

BingX is a professional crypto exchange packed with tons of products, features, and services for active traders.

1. Spot Trading

BingX provides a convenient spot trading experience with a beginner-friendly design. BingX offers over 637 cryptos for spot trading, mostly paired with USDT as collateral. You can also set price alerts to get quick notifications when a certain asset hits a particular value. The real-time charts are provided by TradingView.

Multiple order types are available, including Market, Limit, Take Profit, and Stop Loss orders.

2. Crypto Futures/Derivatives Trading

For experienced traders, BingX offers perpetual futures trading for over 621 contracts. What makes BingX unique is the availability of traditional finance assets. BingX supports not only cryptocurrencies for futures trading with 150x leverage, but BingX even offers stocks, forex, indices, and commodities trading with up to 200x leverage. This makes BingX the perfect all-rounder for day traders.

Compared to spot trading, on the BingX Perpetual Futures dashboard, you will have more customizations and more advanced order types. BingX also offers a hedge mode with cross-leverage. Alternatively, you can select isolated mode.

You can see a list of BingX-supported order types below:

• Market Order
• Limit Order
• Trigger Order
• Trailing Stop Order
• Post Only Order

3. Standard Futures Trading

As mentioned earlier, BingX offers not only crypto trading but also traditional finance assets, including stocks, forex, commodities, and indices. These assets can be accessed in the standard futures section with up to 200x leverage.

Standard futures work differently from typical crypto futures. BingX standard futures comply with global trading market rules. That means there is an open and closing time for every market. Trading on weekends is also not possible. The fees for BingX standard futures are fixed for 0.045%, regardless of the ordertype.

Maximum leverage is 150×.

BingX Trading Fees

BingX is among the most competitive crypto trading platforms with low trading fees.

• Spot: BingX Spot fees are 0.1% maker and 0.1% taker.
• Crypto Futures: BingX charges 0.02% maker and 0.05% taker fees for cryptocurrency futures trading.
• Standard Futures: A fixed fee of 0.045% applies for standard futures trading.

The table below shows a summary of BingX default fees.

Standard futures refers to traditional finance futures such as stocks, commodities, forex, and indices.

Based on your 30-day trading volume, you can reach higher BingX VIP levels, unlocking higher fee discounts. When reaching “Supreme VIP”, your fees are as low as 0% maker and 0.028% taker.

The median across the 64 centralized exchanges (CEX) we track, per fee type. BingX is only ever compared with its own kind. "Average" means within half a basis point of that median.

BingX Security & Regulation

BingX appears to be secure, practicing the highest security measures. That’s why it has never been hacked since it was founded. Many countries’ authorities regulate the platform, including FinCEN, MSB, and DCE. Moreover, it is also licensed in many major countries like Australia, Canada, and the European Union.

Cer.live has awarded BingX with an A rating, reaching 76/100 points. This places BingX at rank 31 of all CER-certified crypto exchanges.

Certik has also done an audit for BingX with a final BB rating, which places BingX in the upper half of the most secure exchanges.

What we love about BingX is that they provide 100% proof of reserves. That means all customer assets are backed 1:1 on the platform. This is to prevent bank runs and comingling of customer funds a la FTX. BingX updates its proof of reserves consistently on the 15th of each month.

For enhanced fund security, BingX stores the majority of customer funds in multi-sig cold storage, meaning they are not connected to the internet.

Although BingX doesn’t require KYC to deposit or trade crypto, those verifying their identity will go through the complete process. Additionally, it fulfills Anti-Money Laundering (AML) policies, discouraging illicit and malicious activities. As a user, you can also create multiple firewalls, like 2FA, different depositing and withdrawing passwords, device codes, and anti-phishing codes. Lastly, if you are done with BingX, you can fully delete your account.

BingX Customer Support

The BingX customer support team is pretty responsive and usually answers questions within 2 minutes. At the bottom right corner, you can easily access their multiple help center quick links or connect with a 24/7 live chat agent by typing your specific question. Otherwise, their detailed help center has well-crafted and in-depth guides for almost every issue a user may face.
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BingX Deposit Methods

A major perk of BingX is that it offers fiat deposits and withdrawals. You can currently deposit and withdraw 6 fiat currencies, including USD, EUR, GBP, CAD, JPY, and CHF. Supported payment methods are listed below:

Additionally, you can buy cryptocurrencies directly on BingX using credit/debit cards with over 40 fiat currencies. For some fiat currencies, BingX supports Advcash wallet payments.

BingX Deposit Methods

Bank TransferCryptocurrenciesCredit/Debit CardMoonPaySWIFTPIXP2P Trading

BingX crypto deposit step-by-step guide

BingX Crypto Deposits

When you are ready to deposit cryptos on BingX, you must generate your wallet address first. Note that each network has a different address, and some networks require additional info, such as a memo. To generate your deposit address, follow the simple step-by-step guide below.

Go to your Assets

Head over to your spot wallet by hovering over “Assets” in the top right corner and selecting “Fund Account.”

Select The Asset

Next, choose which crypto asset you want to deposit into your BingX account. You can easily use the search function to quickly filter through all supported assets on BingX. When you find the asset you want to deposit, click on “Deposit” on the right-hand side.

For this example, we will search for SOL (Solana). The process is the same for any other crypto.

Select Network

It is crucial to select the right network. In this case, we want to use the native Solana (SOL) network. This address can only receive funds through the SOL network. Click on “Network” to generate your address by clicking on “Get Address.”

Send Funds to your Address

Now, you are all set with your personal BingX wallet address. You can only send funds to this address with the network that you selected. In this case, we can only send funds through the Solana network. Make sure you select the correct network when withdrawing funds from your other wallet to BingX. When sending funds to the wrong address or through the wrong network, you will lose them forever. “You have selected Solana, please ensure that you choose the same network on the withdrawal platform.”

BingX P2P Deposits

Additionally, BingX offers peer to peer deposits. On the BingX Peer-to-Peer (P2P) market, crypto traders can access additional fiat currencies and many more payment methods such as Wise, Payeer, Advcash, Zelle, Zinli, and many more.

BingX Withdrawal Methods

BingX Withdrawal Methods

CryptocurrenciesSEPAPIXP2P Trading

Conclusion

BingX is a reputable, user-friendly, and reliable platform, excellent for beginners. Its minimal UI is pleasing, while the sufficient trading options don’t overwhelm them. Plus, its well-equipped learning area is a treasure for early birds. Although it doesn’t allow staking, fiat deposits, and withdrawals, the other options are enough for beginners to start their trading career.

What we like about BingX is its wide variety of assets beyond crypto, including stocks, commodities, indices, and forex pairs. Advanced traders can enjoy low fees, advanced futures order types, and up to 150x leverage.

Overall, BingX appears to be an excellent choice for traders of all kinds.

Visit BingX ↗