BingX Exchange

BingX, established in 2018, is a leading cryptocurrency exchange serving over 10 million users globally. It offers a range of products and services, including spot trading, derivatives, copy trading, and asset management, catering to both beginners and professionals.

BingX focuses on providing a secure and innovative trading platform. In 2024, BingX became the principal partner of Chelsea FC, marking its entry into the sports world.

Rating

69

Location

British Virgin Island

Contract types

USDT, Crypto

Maker fee

0.02 %

Taker fee

0.05 %

Max leverage

125x

US allowed

No

Deposit methods

Crypto, Bank transfer, Credit/Debit card

Average funding fee (BTC)

-

 

We see hundreds of tech advancements made every day in the crypto space. Opportunities are there for investors more than ever, which makes choosing a reliable and authentic cryptocurrency exchange a little hard. If you are somebody dealing with the same issue, this review might be helpful for you. Learn about BingX, a leading crypto exchange providing users with advanced tools and legit trading features. 

BingX Overview

BingX is a cryptocurrency exchange founded in 2018 and now has more than 10 million users worldwide. It takes pride in providing variety of features such as trading indicators (based on TradingView) and bonus systems. It is a highly regulated exchange and has received numerous regulatory licenses. This includes both the MTR license in Europe and the Money Service Business (MSB) license in the United States.

BingX is dedicated to developing an inclusive environment that encourages every trader, regardless of their skill level, to plunge into cryptocurrency trading possibilities from the beginning confidently.

User Experience

BingX aims to help its users learn to trade safely by offering tools and products that suit their risk tolerance. Its popular social trading features are also a reason that it is house to a large community of copy traders. 

BingX lets its users purchase, sell, trade, and hold a variety of cryptocurrencies, including but not limited to BTC, ETH, AXS, SAFEMOON, USDT, SOL, XRP, ORDI, BRC20, SATS, BNB, PI, and DOGE. They can engage in futures and derivatives trading with flexible leverage for both long and short positions, allowing them to hedge risks and profit from the volatile cryptocurrency market.

Security and Transparency

The BingX team has implemented a comprehensive security support system that includes a partnership between Certik and Slowmist, two top security teams, a rigorous risk control system maintained globally by top security experts, and Sumsub-sponsored 2FA and multi-factor verification systems to enable safer withdrawal services.  

Customer Support

For any queries or assistance, their customer support team is here to help! Reach out to them at support@bingx.com for assistance. You can also start a live chat using the widget for immediate help. BingX's dedicated customer service executives are always ready to assist and answer any queries you may have.

Handling Fees

BingX strives to provide transparent and competitive fees tailored to everyone’s trading needs. For spot trading, they charge a nominal fee of 0.1%. When it comes to futures trading, maker orders incur a fee of 0.02%, while taker orders carry a slightly higher fee of 0.05%. Additionally, they do not charge any fees for deposits, ensuring that users can seamlessly fund their accounts without any extra costs. Their fee structure is designed to support users’ trading journey with clarity and fairness. Moreover, it uses a tiered fee structure with discounts for VIP traders. This transparency is one of the reasons BingX has made its name on the list of top exchanges in a short time. 

Elevate Your Trading with BingX

BingX provides a wide range of products and services, including MT5, TradingView, GameFi, DeFi, BRC20, and other Web3 tools. With the copy trading feature, users can adopt strategies from successful traders to improve their trading results.

BingX aims to offer a reliable platform, equipping users with innovative tools and features to boost their trading skills. 

Does BingX Guarantee Safe Trading?

Trading on any platform can be both compromising and risky. When trading crypto assets and employing the tactics presented, the most crucial factor to consider is safety. To offer safer, easier, and more transparent trading, BingX has armed itself with essential regulatory authorization and portable technology, allowing it to receive several recognitions and recommendations around the world, particularly in prominent countries.

Areas for Improvement:
Everything in this world has pros and cons. Nothing can give us perfect satisfaction, even top exchanges have some downsides. Bingx provides excellent services to its users, however, its site can sometimes be a little difficult to understand and navigate. However, it is already working to make its website easy to use by focusing on clear navigation, consistent design, and simple language.

Join BingX today for a secure and efficient trading experience.