BingX

User Friendly
 

Bank transfer deposits

Bank card deposits

Fiat withdraw to bank account

Mobile App

Beginner friendly features: 5

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 3

Customer support: 4

Features
 

Spot trading

Futures trading

Advanced trading options: 5

Staking and savings: 4

Airdrops and launchpools: 3

Additional financial services: 4

Other products and services: 2

Fees
 
  • Spot Maker Fee: 0.1%
  • Spot Taker Fee: 0.1%
  • Futures Maker Fee: 0.02%
  • Futures Taker Fee: 0.05%

Additional 5% fee discount when using our referral signup link.

Additional $5,125 signup bonus when using our referral signup link.

Safety
 

 Exchange launched in 2018

Proof of Reserves

Regulatory compliance: 3

Reputation and reliability: 4

Asset safety and trust: 4

User account security: 4

Volume & Altcoins
 

 Number of altcoin pairs: 850

 Last 24h trade volume (in BTC): 7,481

Features Score: 72 / 100
3.8
Total Rating: Very Good
Toggle feature descriptions
Beginner friendly buying
5
Beginner features such as fiat deposits, quick convert, recurring buys, demo trading.
Ease of buying and trading
4
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
4
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
5
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
4
Number of available staking assets and overall yields.
Airdrops & Launchpools
3
Frequency, value and ease of joining various airdrops and launch events.
Extra financial services
4
Crypto debit cards, fiat withdrawals, loans, P2P marketplace.
Trading fees
4
Competitiveness of trading fees compared to other exchanges, including discounted rates with our referral bonuses.
Volume and liquidity
4
Overall volume, liquidity and spreads on spot and derivatives markets.
Altcoins selection
4
Amount and quality of listed altcoin trading pairs.
Regulatory compliance
3
Approvals, certificates and compliance with various agencies and institutions.
Reputation and reliability
4
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
4
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
4
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
2
NFT marketplaces, copytrading, subaccounts, gift cards, trading competitions and other features.
Mobile App
4
Usability, update freqency, platforms, design and ease of trading via the mobile app.
Decentralized Wallet
0
Decentralized self-custody wallet usability, operating systems, number of assets and blockchain networks supported, DeFi options and more.
Education and learning
3
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
4
Responsiveness and availability of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
3
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.
CoinMarketCap Rating: 6.5/10
CoinGecko TrustScore: 9/10

Quick info:

Launched in: 2018
Based in: British Virgin Islands
Trust Score: 9/10 (Ranked #15)
Coins listed: 850+
Trading volume: 7,481

Features overview:

  • Deposits: Cryptocurrency Bank cardsBank transfers
  • Beginner trading: Beginner-friendly interfaceSpot tradingMobile appCopytradingQuick convertRecurring buys
  • Advanced trading: MarginFutures & leverageOptionsTraditional marketsTrading bots
  • Financial services: Fiat withdrawalsDebit spending cardsCrypto loansP2P tradingStaking & Earn
  • Other features: Optional KYCDark themed interfaceSignup bonusesSubaccountsTrading competitionsLow trading fees

Restricted countries

BingX is not available in these 34 countries:

Afghanistan, Burundi, Canada, Central African Republic, China, Congo - Brazzaville, Congo - Kinshasa, Cuba, Ethiopia, Guinea, Guinea-Bissau, Hong Kong, Iran, Iraq, Lebanon, Libya, Macao, Netherlands, North Korea, Serbia, Singapore, Somalia, South Sudan, Sri Lanka, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, United Kingdom, United States, Venezuela, Yemen, Zimbabwe.

BingX does not enforce KYC (know-your-customer) policies on accounts, therefore VPN use in unsupported countries is possible.

Available countries

BingX is available in 202 countries and territories.

Trading fees

  • Spot: 0.1% taker and maker.
  • Futures: 0.02% maker, 0.05% taker.

Signup bonuses

For added benefits on BingX use the following code during signup:

FBH1WRMP

Use this referral code during signup for permanent 5% trading fee discount.

Signup bonuses amount: $5,125.

Referral, signup or invitation code must be used during signup/registration process. These codes are also automatically added to exchange signup links on our site.

There are never any downsides to using referral codes. Benefits can include fee discounts, deposit bonuses, cash rewards, access to exclusive events or trading competitions, or other advantages.

The referral codes allow exchanges to properly attribute users and distribute rewards, bonuses or fee discounts based on disclosed affiliate relationships. No personal data is ever shared with us.

Pros

  • Up to $5,125 in bonuses for new users.
  • Daily check-in bonuses with up to $100 weekly rewards.
  • Selection of top trading stocks (Apple, Google, Tesla, PayPal, Intel, Microsoft, and more).
  • Popular stock indexes such as S&P 500, Nasdaq, DOW, Nikkei, and more.
  • Commodities trading: gold, silver, oil, platinum, natural gas, …
  • Lots of small-cap altcoins not found on other exchanges.

Cons

  • Clunky interface even for experienced traders.
  • Confusing signup rewards and bonuses.
  • High fees on fiat deposits and withdrawals.

About BingX

BingX Exchange has rapidly become a force to be reckoned with in the dynamic world of cryptocurrency trading. Launched with the vision of providing a cutting-edge platform for digital asset enthusiasts, BingX has garnered attention for its innovative features, commitment to security, and dedication to delivering a seamless user experience.

At the heart of BingX’s success is its extensive selection of cryptocurrencies available for trading. With a comprehensive list of supported tokens, including major players like Bitcoin and Ethereum, as well as emerging altcoins, BingX offers traders a diverse range of options to build and diversify their portfolios. This commitment to inclusivity positions BingX as a go-to platform for both experienced traders and newcomers entering the crypto space.

Native token

In addition to traditional trading features, BingX has introduced unique offerings such as BingX Token (BXT), the platform’s native utility token. BXT holders enjoy various benefits, including reduced trading fees, participation in exclusive events, and access to advanced trading features. This tokenomics-driven approach not only adds value to BXT holders but also contributes to the overall vibrancy of the BingX ecosystem.

Trade stocks

BingX Exchange revolutionizes the trading landscape by offering a diverse range of traditional market assets alongside its extensive cryptocurrency offerings. Traders on BingX can access a selection of top-tier stocks, including industry giants like Apple, Google, Tesla, PayPal, Intel, Microsoft, Coinbase, Netflix, AT&T, Airbnb, AMD, Coca-Cola, GameStop, Uber, and many more.

This expansive stock portfolio provides users with the opportunity to diversify their investment strategies across various sectors.

Trade stock indices

In addition to individual stocks, BingX facilitates trading on popular stock indexes such as S&P 500, Nasdaq, DOW, Nikkei, offering exposure to broader market trends. Furthermore, you can trade Australia 200, Brazil 60, DAX Index, FTSE 100 Index, Hang Seng, Hong Kong Tech, Russell 2000, and South Africa 40. This gives prospective traders wide exposure to a variety of markets.

Trade forex

Along with traditional stock markets, BingX users can also trade forex markets. You can trade US dollar (USD), Euro (EUR), Canadian dollar (CAD), Swiss franc (CHF), Great British Pound (GBP), New Zealand dollar (NZD), Australian dollar (AUD), and Japanese yen (JPY) pairs.

Trade commodities

For those interested in commodities trading, BingX further broadens its appeal by enabling transactions in precious metals like gold, silver, copper, aluminum, and platinum, as well as commodities such as oil, natural gas, cotton, soybean, corn, wheat, sugar, and cattle.

This comprehensive approach to traditional markets ensures that BingX users can engage in a wide array of assets, tailoring their investment portfolios to align with their unique preferences and market outlook. Whether venturing into stocks, stock indexes, or commodities, BingX provides a seamless platform for traders to navigate and capitalize on opportunities across diverse financial markets.

Security & funds safety

Security is paramount at BingX, and the exchange employs state-of-the-art measures to ensure the protection of user assets. Through robust encryption protocols and secure storage solutions, BingX minimizes the risk of security breaches, instilling confidence in its user base. This dedication to maintaining a secure environment has contributed to BingX’s reputation as a trustworthy and reliable trading platform.

In conclusion, BingX Exchange has positioned itself as a key player in the cryptocurrency trading landscape. With a commitment to diversity, security, and user satisfaction, BingX continues to evolve alongside the ever-changing crypto market. As the platform introduces new features and expands its offerings, BingX remains dedicated to empowering users on their journey through the exciting world of digital assets.

Features Score: 72 / 100
3.8
Total Rating: Very Good