8.3/10 (Expert Score)
Company is rated as #8 in category Crypto exchanges

Bingx review: BingX is a cryptocurrency exchange founded in 2020. Despite the fact that Bingx is new on the market of cryptocurrency exchanges, it has already managed to attract the attention of users due to its user-friendly and intuitive platform. More than 50 cryptocurrencies can be traded on the exchange, including bitcoin, etherium, bitcoin cash, and other popular altcoins.

One of the main advantages of Bingx is the fast execution of orders, low spreads and reliable protection of users' assets. Users can trade on the exchange through a web platform or mobile app for Android and iOS. Bingx offers a variety of order types, including limit and market orders, as well as the ability to use margin trading with up to 100x leverage.

Bingx also provides an extensive knowledge base and 24/7 customer support in multiple languages to help newcomers get started trading cryptocurrency markets. In addition, the exchange offers various loyalty programs and bonuses such as commission discounts, a referral rewards program, and sweepstakes for users. Overall, Bingx is a reliable and convenient platform for trading cryptocurrencies, which is becoming increasingly popular among users.

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πŸ“… Year of Establishment2020
πŸ’± Coins:400+
πŸ’° Min depositFrom $10
βš–οΈ Leverage1:20
πŸ’Ή Trading feesFrom 0%. Bingx charges a tiered fee structure based on a maker-taker model.
πŸ’³ P2P platformβœ…
πŸ“± Mobile appsiOS, Android
πŸ—ΊοΈ HeadquartersBingx is headquartered in Hong Kong, but has a global presence with customers from various countries.
Advantages:
  • Variety of cryptocurrencies.
  • Low commissions.
  • fast processing of orders.
  • User-friendly interface.
Disadvantages:
  • Limited choice of fiat currencies.
  • Risk of cyber-attacks.

Overall BingX Review

Bingx is a cryptocurrency exchange providing the opportunity to trade a variety of digital assets, as well as currencies, indices, metals and ETFs. The exchange provides high liquidity and a wide range of traded assets, as well as the ability to use margin trading with up to 125x leverage. Bingx offers users to use the exchange's internal coin, the Bingx Token (BXN) to reduce commissions to 0.05%. Users can trade on the exchange via the web platform, mobile app for iOS and Android, as well as via APIs. Bingx provides a high level of security using multiple authentication and two-factor authentication, as well as protection against DDoS attacks and other security threats. The disadvantage of Bingx may be the difficulty of use for newcomers, as well as limited access to some trading tools for residents of some countries.

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Geographic Distribution

Geography of clients (traders) of BingX

Top Reviews

Best customer reviews of BingX

The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.

I've been trading on cryptocurrency exchanges for several years now, and Bingx is one of my favorites. I like the wide selection of cryptocurrencies available on the platform and how quickly and reliably my orders are processed. The interface is very intuitive, and I often use the mobile app when I'm away from home. I also like that various margin trading tools are available on Bingx, which allows me to increase my potential profits.

Kirill Grek
Kirill Grek
Russia

The commissions on the exchange seem to be too high, even if you use the exchange's internal coin. Moreover, I had problems withdrawing my funds as the process was very slow and inconvenient. I also noticed that some of the trading tools on the exchange do not work properly, which creates additional inconvenience for traders.

Jackson Ortiz
Jackson Ortiz
USA

I like that the commissions here are low and that the exchange provides a wide range of instruments for trading futures and options. I also like the ability to use the P2P platform to buy cryptocurrencies through local sellers.

Christian Ramirez
Christian Ramirez
Spain

Expert Review

Expert Review of BingX

One of the key advantages of Bingx is the security of user funds through the use of the most advanced security technology and multiple confirmation of user identity. This allows users to trade on the exchange with the confidence that their assets are in safe hands. In addition, Bingx offers a wide range of trading instruments, including futures, options and swaps, as well as the ability to use margin trading with up to 100x leverage. This gives users more profit opportunities in the cryptocurrency markets.
I would also like to note that Bingx provides excellent customer support in several languages, including Russian, and has an extensive knowledge base to help beginners start trading on the exchange. Overall, I think Bingx is a great choice for those looking for a reliable, secure and innovative cryptocurrency exchange.

Roman_Mukhin
Roman Mukhin
Financial expert and analyst at TradersHero.com

Please note that trading cryptocurrencies and using cryptocurrency exchanges involves high risks and can carry a loss of your investment. Before you start trading, you should be sure to familiarize yourself with the risks and make sure you understand them fully. Do not risk more than you are prepared to lose, and do not invest money that you cannot afford to lose. It is advisable to get professional financial advice before deciding to trade cryptocurrencies.

BingX Ern

Investment Programs

One of the programs that Bingx provides is Bingx Earn. This program allows users to earn income by storing their cryptocurrency assets.

Bingx Earn is a program that allows you to earn income from storing cryptocurrency assets.
Bingx Launchpad – a platform where users can participate in various token sale campaigns and purchase new tokens at pre-conditions.
Bingx Staking – a program that allows users to earn interest on storing USDT and BUSD tokens.
Bingx Savings – a program that allows you to earn income on cryptocurrency deposits.
Bingx Loans – a program that allows you to borrow in cryptocurrency and use your crypto assets as collateral.
Bingx Launchpool – a program where users can bet on mining tokens of new projects that are launched on the Bingx exchange.

Overall, Bingx provides users with a wide range of opportunities to make money from cryptocurrencies. However, like any investment activity, investing in cryptocurrencies always involves certain risks. Users should carefully examine the terms of the programs and assess their options before investing their money. Bingx also provides a high level of security and protection to its users, but in any case, one should be careful and take measures to ensure the safety of their funds.

Staking is a process where you hold a certain amount of cryptocurrency on the blockchain for a specified period of time and earn rewards in the form of interest. This process contributes to the security and stability of the network, and incentivizes users to hold their cryptocurrency for a longer period of time.

how to use staking
To use staking on Bingx, you can follow these steps:
Registration
Create an account on Bingx and complete the verification process if required.
Deposit
Deposit the cryptocurrency that you want to stake onto your Bingx account.
Navigate
Navigate to the “Staking” section on the Bingx platform.
Choose the cryptocurrency
Choose the cryptocurrency that you want to stake and select the staking period and amount.
Confirm transaction
Confirm your staking transaction and wait for it to be processed.
Finish
Once your staking period is over, you will receive your staking rewards in the same cryptocurrency that you staked.

It is important to note that betting on Bingx, like any other cryptocurrency investment, involves risks. So-so carefully examine the terms and conditions of the bets, and assess your own risk tolerance before investing in a bet. In addition, the reward for a bet may vary depending on market conditions and the specific cryptocurrency being bet on.

All investment programs offered by Bingx come with inherent risks, and it's important for users to carefully review and assess these risks before making a decision to invest their funds.

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Conditions

Trading Conditions for BingX Users

BingX provides traders with a range of attractive trading conditions on its platform. These include a diverse range of trading pairs, including major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, as well as other altcoins and stablecoins. This ensures that traders have a variety of options to choose from when trading on the platform.

In addition to its extensive range of trading pairs, BingX offers high liquidity, enabling traders to easily buy and sell cryptocurrencies without experiencing significant price slippage. BingX also charges competitive trading fees, starting at 0.1%. These fees can be reduced further by using the BingX Coin (BNB) token.

Furthermore, BingX allows traders to engage in margin trading with up to 125x leverage, which can amplify potential profits but also increases the potential risk. The platform also employs advanced security measures to protect users' assets, including two-factor authentication, cold storage, and DDoS protection. It's important to keep in mind that trading on BingX, as with any other cryptocurrency exchange, comes with risks. Traders should carefully assess their own risk tolerance and carefully review the terms and conditions before engaging in any trading activities on the platform.

πŸ“… Year of Establishment2020
πŸ’± Coins:400+
πŸ’° Min depositFrom $10
βš–οΈ Leverage1:20
πŸ’Ή Trading feesFrom 0%. Bingx charges a tiered fee structure based on a maker-taker model.
πŸ’³ P2P platformβœ…
πŸ” Copy Trading❌
πŸ“ˆ DirectivesUSDT perpetual, futures, options, leveraged tokens
πŸ“Š DeFi Stakingβœ…
πŸ–ΌοΈ NFTβœ…
🏦 Crypto Loansβœ…
πŸ”“ Demo accountβœ…
πŸš€ Launchpadβœ…
πŸ“± Mobile appsiOS, Android
πŸ“ž Customer ServiceChat, Email
πŸ‘©β€πŸ’Ό SupportMultilingual
πŸ—ΊοΈ HeadquartersBingx has offices in multiple locations worldwide.

Risk Warning

Comparison

Comparison of Bingx.com with other Crypto Exchanges

Coins
Trading fees
iOS, Android
Directives
Leverage
Staking
COPY TRADING
P2P platform
Coins
400+
Trading fees
From 0.0015%
iOS, Android
Directives
Leverage
1:20
Staking
COPY TRADING
P2P platform
Coins
385+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:125
Staking
COPY TRADING
P2P platform
Coins
360+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
815+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
350+
Trading fees
Maker fee from -0.05%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
490+
Trading fees
From 0.0015%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
400+
Trading fees
From -0.01%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform

Crypto Exchanges comparison table of trading instruments

BingX
VS
Bybit
VS
Kucoin
Spot
VS
VS
Margin Trading
VS
VS
Futures
VS
VS
Options
VS
VS
NFT
VS
VS
DeFi Staking
VS
VS
Crypto Loans
VS
VS
Launchpad
VS
VS

Commissions

BingX Accounts, Commissions & Fees

BingX offers users a variety of account types to choose from, including Basic, Advanced, and Professional accounts. Basic accounts have a daily withdrawal limit of 2 BTC, while Advanced and Professional accounts have higher limits.

Π‘rypto exchange charges competitive trading fees starting at 0.1%. These fees can be further reduced when using the BingX Coin (BNB) token. In addition to trading fees, BingX may also charge other fees for deposits, withdrawals and certain transactions.

The exchange also offers a number of commission programs, including referral bonuses and trading contests. Referral bonuses allow users to earn a percentage of their referrals' trading commissions, and trading contests offer cash prizes for the highest trading volumes.

It's important to note that trading on BingX, as with any other cryptocurrency exchange, comes with risks. Users should carefully assess their own risk tolerance and thoroughly review the terms and conditions before engaging in any trading activities on the platform.

Account typeMinimum depositLeverageTransaction feeMargin call / Stop out
Basic0 USDT10x0,1%50% / 20%
Advanced1000 USDT25x0,1%50% / 20%
Professional10 000 USDT125x0,1%50% / 20%

BingX VIP Program Fees

Futures Trading

Account typeTrading volume
for 30 days (BUSD)
Maker FeeTaker Fee
VIP 0<10,000,0000.0200%0.0500%
VIP 1β‰₯10,000,0000.0060%0.0475%
VIP 2β‰₯20,000,0000.0040%0.0425%
VIP 3β‰₯50,000,0000.0020%0.0400%
VIP 4β‰₯100,000,0000.0020%0.0375%
VIP 5β‰₯200,000,0000.0015%0.0350%

Keep in mind that certain types of accounts on Bingx may have additional features or limitations that are not specified in the information provided, such as the availability of certain trading tools or the functionality of trading platforms. It is also important to note that some parameters may vary depending on the geographical location of the user. For the most current and most accurate information, please visit the Bingx website.

Risk Warning

Final review

Detailed review of BingX

BingX is a cryptocurrency exchange that was launched in 2020. It offers users the ability to trade a variety of cryptocurrencies and other assets, such as forex, indices, commodities, metals, and ETFs. The exchange offers three types of accounts: Basic, Advanced, and Professional, each with its own minimum deposit amount, maximum leverage, and trading fee structure. The Basic account has a daily withdrawal limit of 2 BTC, while the Advanced and Professional accounts have higher limits.

The Exchange offers competitive trading fees starting at 0.1%. These commissions can be further reduced by using the BingX Coin (BNB) token. The exchange also offers high liquidity and a wide range of tradable assets, as well as the ability to use margin trading with up to 125x leverage. Users can trade on the exchange via the web platform, iOS and Android mobile app, and APIs. BingX provides a high level of security using multiple authentication and two-factor authentication, and provides protection against DDoS attacks and other security threats.

One of the key features of BingX is its focus on experienced traders. The exchange provides many tools and features that can be used by professional traders, including spot market trading, margin trading, cryptocurrency futures and trade copying. In addition, high leverage is available on the exchange, allowing traders to make large profits with less capital investment.

In addition to trading, the exchange offers several investment programs. BingX Earn allows users to earn income from owning cryptocurrency assets. BingX Launchpad allows users to participate in various token selling campaigns and purchase new tokens on pre-sale terms. BingX Staking allows users to earn interest on holding stable USDT and BUSD coins. BingX Savings allows users to earn income on cryptocurrency deposits. BingX Loans allows users to borrow in cryptocurrency and use their crypto assets as collateral. BingX Launchpool allows users to mine tokens for new projects launched on the crypto exchange.

Note
BingX Coin (BNB) is the exchange's native token, which offers several benefits to users. These benefits include discounts on trading fees, priority access to the Launchpad program, participation in staking programs, and participation in contests and promotions.

Overall, BingX offers a wide range of opportunities and investment programs for traders and investors alike. However, users should carefully assess their own risk tolerance and carefully review all terms and conditions before engaging in any trading activity on the platform.

Advantages:

Binance is the most popular cryptocurrency exchange in the world. Here are the benefits that make it special:

Accessibility: Bingx has mobile apps for iOS and Android, allowing users to trade and manage their assets from anywhere in the world.
Diversity: The Bingx platform offers over 400 cryptocurrencies for trading and investing, as well as a variety of trading tools, including futures, options, and leveraged tokens.
Low commissions: Bingx has low commissions for trading, starting at 0% for order creators and 0.1% for execs. Commissions can be further reduced by using the Bingx token.
Ease of use: Bingx has a simple and intuitive interface and support for multiple languages, making it accessible to an international audience.
Security: Bingx provides a high level of security through multiple measures, including SSL encryption, two-factor authentication, and storing most assets in cold wallets.
Innovation: Bingx gives its users the ability to participate in DeFi, staking, NFT trading and even receiving cryptocurrency credits, making it one of the most innovative cryptocurrency exchanges on the market.

Bingx.com Regulator

Bingx describes itself as a cryptocurrency exchange that follows the norms and rules of the international market. The official bingx.com website states that the exchange is not a regulatory body and has no official licensing.

However, bingx claims that it strictly complies with the laws and regulatory requirements in the countries where it provides its services. Bingx also claims that it applies security measures and complies with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.

IAlthough bingx is not a regulated exchange, it keeps its users safe by using advanced security technology and providing 24/7 technical support.

In general, BingX is a centralized cryptocurrency exchange that has no official regulation. However, BingX adheres to high security standards and works in compliance with local laws and regulatory requirements. The exchange also cooperates with regulators and organizations working in the cryptocurrency industry to develop and improve standards and regulations to protect users' interests and ensure the security of transactions on the exchange.

Risk Warning

Promotions

Bonuses Paid by the Bingx.com

Bonuses

As a centralized cryptocurrency exchange, Bingx.com does not offer any bonuses or rewards to its users for trading or other activities. However, Bingx.com does provide various programs and features to help users earn income from their cryptocurrency assets, including Earn, Launchpad, Staking, Savings, Loans and Launchpool. These programs allow users to earn interest on their cryptocurrency assets, participate in token sales, mine new tokens, and borrow or lend cryptocurrency. Users can also take advantage of reduced trading fees by using Bingx Coin (BNB), the Bingx.com exchange's own cryptocurrency. While the exchange does not offer direct bonuses, users can take advantage of these programs and features to maximize their profits and recoup their investment in cryptocurre

Education

Review of the BingX Education Program

Bingx provides educational materials for its users to help them improve their knowledge of cryptocurrencies, trading and investing.

Educational tools:

Training Courses: Bingx offers training courses to help beginners and experienced traders learn more about cryptocurrencies, technical analysis, fundamental analysis, and trading strategies.
Webinars: Bingx holds regular webinars with experienced traders and investors who share their knowledge and experience in cryptocurrencies and trading.
blog: a blog is available on the official Bingx website, where users can find interesting and useful articles about investing, trading and cryptocurrencies.
FAQ: Bingx has a frequently asked questions section that helps users quickly find answers to their questions.
Support: Bingx support team is ready to help users anytime and answer all their questions about the platform, trading and investing in cryptocurrencies.


Online Courses:

A selection of quality courses that I was able to find:

Cryptocurrency Trading: Technical Analysis Masterclass 2021″ on the Udemy platform. This course covers the basics of technical analysis, indicators and chart patterns, as well as trading strategies based on technical analysis.
The Complete Cryptocurrency Course: More than 5 Courses in 1″ on the Udemy platform. This course covers the basics of cryptocurrency, blockchain, mining, trading, investing and more.
“Introduction to Digital Currencies” on the Coursera platform. This course is provided by NYU and includes the basics of cryptocurrencies, blockchain, decentralization and other key topics.

As a centralized cryptocurrency exchange, Bingx.com does not provide online courses on cryptocurrencies or trading. However, Bingx.com does have an extensive knowledge base available, which includes information about cryptocurrencies, trading tools and exchange features such as Earn, Launchpad, Staking, Savings, Loans and Launchpool. In addition, Bingx.com provides user support in multiple languages, where traders and investors can ask questions about trading and using the platform. The exchange also hosts various events, including webinars and conferences, to improve traders' knowledge and experience in the cryptocurrency industry.

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Rating and Comments

BingX Users Reviews 2024

8.4 Total Score
19 reviews
Rating Overview

Based on all reviews

8.3Expert Score
Investment instruments
8.5
Deposits and withdrawals
8.5
Customer service
7.9
Trading platform
8.4
8.5User's score
Investment instruments
8.2
Deposits and withdrawals
7.8
Customer service
8.9
Trading platform
9.1
Add your review  |  Read reviews and comments

Authors:

Roman_Mukhin

Roman Mukhin
Financial expert, analyst and author

Jane Emberg

Jane Emberg
Financial analyst and editor

Best Crypto ExchangesOverall Ranking
4 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. 2.35
    Investment instruments
    50
    Deposits and withdrawals
    40
    Customer service
    60
    Trading platform
    40

    I recently had an issue with a deposit I made on BingX, and the customer support was incredibly unhelpful. It took them several days to respond to my inquiry, and when they finally did, they didn’t provide any clear solution to my problem. I was very disappointed with their lack of support, and it made me question whether I should continue using their platform.

    Helpful(0) Unhelpful(0)You have already voted this
  2. 4
    Investment instruments
    90
    Deposits and withdrawals
    80
    Customer service
    80
    Trading platform
    70

    I can’t say that I’ve had any major security issues on BingX, but I do appreciate the measures they have in place to protect their users. Their two-factor authentication is mandatory for all users, and they also offer a range of security features like IP whitelisting and withdrawal limits. However, I do think they could do more to educate users on best practices for securing their accounts.

    Helpful(0) Unhelpful(0)You have already voted this
  3. 4.85
    Investment instruments
    100
    Deposits and withdrawals
    90
    Customer service
    100
    Trading platform
    100

    I’ve been trading on BingX for the past year and I’m extremely satisfied with their platform. The user interface is easy to navigate and the trading tools are top-notch. I especially love their order book and depth chart, which have helped me make informed trading decisions. The trading fees are also very competitive, and I appreciate the low spreads on their cryptocurrency pairs.

    Helpful(0) Unhelpful(0)You have already voted this
  4. 4.75
    Investment instruments
    80
    Deposits and withdrawals
    100
    Customer service
    100
    Trading platform
    100

    I’ve used several cryptocurrency exchanges in the past, but I have to say that BingX is by far the best in terms of user experience. Their platform is lightning-fast, and I’ve never experienced any lag or downtime. I also love how customizable their dashboard is, which allows me to tailor the platform to my individual needs. Overall, I highly recommend BingX to anyone looking for a great trading experience.

    Helpful(0) Unhelpful(0)You have already voted this

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