BingX

Launched in
2018
Headquartered in
British Virgin Islands
Users
20 million
Trust Score
9/10  (world's #17 CEX)
Proof of Reserves
Published
Identity verification
Not mandatory
24H Trading Volume
2,897
Altcoins listed
850+

Football fans might recognize this one from their Chelsea sponsorship! BingX is a fantastic medium-sized exchange for investors who want to take their first crypto steps, but with an opportunity for more.

On BingX, you can trade a decent amount of crypto tokens, but also traditional commodities such as gold, silver, oil, platinum, and more. You can also trade a selection of popular stocks including Apple, Google, Tesla, PayPal, Intel, Microsoft, and Netflix, and that’s just the beginning.

New BingX users mulling over signing up should stop thinking too much, as our referral link gives you a 5% fee discount and a welcome bonus up to $5,000.

BingX Features Overview:

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

BingX Fees:

 Fiat Deposit & Withdraw
 Crypto Trading
 Bonuses & Fee Discounts

BingX supports both direct fiat deposits (cheaper fees) and third-party payment providers.

Direct deposits:

Payment MethodDeposit FeeWithdrawal FeeProcessing Time
Credit/Debit CardsCredit/Debit Cards3.8% Not availableInstant
SEPA Transfers (EU/EUR)SEPA Transfers (EU/EUR)No fee€21-2 Business Days
SWIFT Transfers (International)SWIFT Transfers (International)No fee€303-5 Business Days
PIX (BR/BRL)PIX (BR/BRL)No feeNo feeInstant
Other Bank TransfersOther Bank TransfersNo fee Not availableVaries

Integrated fiat gateways:

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard3.5%3.5% + 3 USD
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)0% Not available
SWIFT Transfers (International) SWIFT Transfers (International) Not available0.5% + 25 USD

More about Volet

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard4.5%4.5%
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)1%1%
Google Pay Google Pay4.5%4.5%
Apple Pay Apple Pay4.5%4.5%
PayPal PayPal4.5%3.4%

More about MoonPay

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard1.99% Not available
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)0%0% (5% spread)
Other Bank Transfers Other Bank Transfers0% - 1.50%0% (5% spread)
Google Pay Google Pay1.99% Not available
Apple Pay Apple Pay1.99% Not available

More about Banxa

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard3.95%3.95% (min. €4)
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)3.95% Not available
Other Bank Transfers Other Bank Transfers3.95% Not available
Google Pay Google Pay3.95% Not available
Apple Pay Apple Pay3.95% Not available
Revolut Pay Revolut Pay3.95% Not available

Mercuryo may charge an additional 1% currency spread. This price spread is typically included with fees in the table above.

More about Mercuryo

 BingX also has ATM cards in select regions for easy cashing out and spending cryptocurrency.

Supported fiat currencies: Bank transfer: AUD, CHF, JPY, EUR, BRL. Cards: USD, EUR, AUD, RUB, GBP, INR, PHP, NGN, THB, TWD, TRY, XOF, ZAR, VND, 50+ more..

Withdraw Fees SWIFT SEPA
EUR 30 EUR 2 EUR
AUD 30 USD N/A
JPY 30 USD N/A
CHF 30 USD N/A
CAD 30 USD N/A
(source) Visit BingX Help Center - Tutorials for guides on how to purchase crypto with fiat.

All cryptocurrency deposits to BingX are free of deposit fees.

View fiat deposit fees on BingX website

Crypto to crypto trading fees (default):

Market  Minimum fee (Maker)  Maximum fee (Taker) 
Spot0.1%0.1%
Futures0.02%0.05%
Low fees
Average fees
High fees
 Compare fees on all exchanges

 Native token discount available: Yes

 Additional referral fee discount: 5% (Signup via this link) - not calculated in table above!

Zero downsides, only benefits. Simply use this link or the following code during signup on BingX:

FBH1WRMP

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

Signup bonuses amount: $5,125.00

  • 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.

BingX Available & Restricted Countries:

 Available Countries
 Restrictions

BingX is available in 200 countries and territories.

BingX is not available in 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, so trading with VPNs in unsupported countries may be possible. We always recommend using CEXs legally available in your jurisdiction.

See our list of countries to find exchanges available in your territory, or view all exchanges without KYC policy enforcement.

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.
  • Very cheap or free bank transfer deposits and withdrawals.

Cons

  • Clunky interface even for experienced traders.
  • Confusing signup rewards and bonuses.

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

Review Score Breakdowns:

User Friendly
 

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

No KYC

Demo trading

Crypto ATM cards

Decentralized wallet

Features
 

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees
 

Trading 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.


Fiat deposit fees:

  • Visa/Mastercard: 3.8%
  • EUR: No fee
  • SWIFT: No fee

View all deposit & withdraw fees 

Safety
 

 Exchange launched in 2018

 Number of users: 20 million

Proof of Reserves

Volume & Altcoins
 

 Number of altcoin pairs: 850

 Last 24h trade volume (in BTC): 2,897

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