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bingX Review

Last Updated on January 31, 2024

James Headshot
Written by
Adam Headshot
Edited by
BingX logo
3.27
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit BingX

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

BingX presents itself as a versatile and robust crypto exchange platform. It offers a broadly appealing range of trading options, from the widely popular Ethereum and Bitcoin to a diverse selection of digital currencies.

The exchange equips traders with the necessary tools and features to navigate the crypto markets effectively, while also placing a high emphasis on security and customer support. Whether it’s the adoption of new assets or keeping up with the latest trends like social trading networks, BingX seems poised to cater to the dynamic needs of the cryptocurrency community.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Offers spot and derivatives trading
  • Supports multiple payment methods for deposits and withdrawals
  • Provides access to a copy trading feature
  • Implements robust security measures
  • Offers a user-friendly interface

Cons

  • Fees can be relatively high on certain trades
  • Limited educational resources for beginners
  • Customer support can be slow to respond
  • Not available to users in all countries due to regulatory restrictions
  • The selection of cryptocurrencies might be limited compared to larger exchanges

Quick Summary

Headquarters Location International
Fiat Currencies Supported USD, AUD, GBP, CAD, EUR, NZD + 140 others (some through third party apps)
Total Supported Cryptocurrencies 526+
Trading Fees 0.05% - 0.20%
Deposit Methods Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Apple Pay, Google Pay, MoonPay, Banxa, Mercuryo
Support Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

BingX stands as a noteworthy entrant in the realm of cryptocurrency exchanges. Established to cater to the needs of diverse traders, from beginners to the more seasoned ones, this platform aims to offer a seamless trading experience with a host of options at the users’ fingertips.

BingX homepage

The concept of cryptocurrency trading extends beyond mere currency exchanges, and platforms like BingX demonstrate this through their multifaceted offerings. BingX, as an exchange, encapsulates the essence of a single platform where various facets of the crypto realm converge—showcasing not only a trading avenue but also a hub for learning, strategy development, and community interaction.

Such platforms have become the cornerstone for both novice and experienced traders who seek a holistic environment that complements the dynamic nature of the digital currency markets.

About BingX

BingX, originating from Hong Kong, has rapidly evolved since its inception. It strives to bridge the gap between traditional financial markets and the burgeoning world of digital assets.

With an emphasis on inclusivity, BingX serves a global customer base, offering a wide variety of digital currencies and coins.

BingX features

The trajectory of BingX has been shaped by the sweeping changes in the digital assets domain. As Hong Kong emerged as a pivotal hub for fintech innovation, BingX leveraged this vibrant environment to build robust trading foundations.

The crypto landscape’s evolution, marked by the proliferation of digital currencies and the integration of blockchain technology into various market sectors, has influenced BingX’s expansion and its ability to adapt to the needs of modern traders. This adaptability is visible in the exchange’s responsiveness to market demands, exemplified by introducing innovative trading products and keeping abreast with the DeFi revolution to maintain relevance and competitive edge.

BingX has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Reddit, Telegram, TikTok and YouTube.

BingX has a mobile app on both the Apple App Store and Google Play.

BingX Supported Cryptocurrencies

BingX supports trading on over 526 cryptocurrencies on their platform. This exchange currently supports 28 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • USDC (USDC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • Shiba Inu (SHIB)
  • Chainlink (LINK)
  • TRON (TRX)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Bitcoin Cash (BCH)
  • Toncoin (TON)
  • Uniswap (UNI)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Ethereum Classic (ETC)
  • Filecoin (FIL)
  • Cosmos (ATOM)
  • Immutable (IMX)
  • NEAR Protocol (NEAR)
  • UNUS SED LEO (LEO)
  • Aptos (APT)
  • Stacks (STX)
  • Optimism (OP)

View all cryptocurrencies BingX supports

  • 1INCH
  • AAVE
  • ACA
  • ACH
  • ACM
  • ACS
  • ACX
  • ADA
  • AERGO
  • AGI
  • AGILITY
  • AGIX
  • AGLD
  • AIDOGE
  • AKITA
  • AKRO
  • ALCX
  • ALGO
  • ALI
  • ALICE
  • ALPACA
  • ALPHA
  • ALPINE
  • AMB
  • AMKT
  • AMP
  • ANKR
  • ANT
  • APE
  • API3
  • APT
  • AR
  • ARB
  • ARG
  • ARK
  • ARKM
  • ARPA
  • ASR
  • AST
  • ASTR
  • ATA
  • ATLAS
  • ATM
  • ATOM
  • AUCTION
  • AUDIO
  • AURA
  • AURORA
  • AVA
  • AVAX
  • AXS
  • AZERO
  • BABYDOGE
  • BADGER
  • BAKE
  • BAL
  • BALD
  • BAND
  • BAR
  • BAT
  • BCH
  • BEL
  • BEND
  • BETA
  • BETH
  • BICO
  • BIFI
  • BLOK
  • BLUR
  • BLZ
  • BNB
  • BNT
  • BNX
  • BOB
  • BOND
  • BONE
  • BONK
  • BORA
  • BRG
  • BRISE
  • BRWL
  • BSV
  • BSW
  • BTC
  • BTT
  • BUSD
  • BZZ
  • C98
  • CAKE
  • CANTO
  • CAPO
  • CAW
  • CEEK
  • CEL
  • CELO
  • CELR
  • CETUS
  • CFG
  • CFX
  • CGPT
  • CHEEMS
  • CHESS
  • CHR
  • CHZ
  • CITY
  • CKB
  • CLIPS
  • CLV
  • COMP
  • CONV
  • CORE
  • COS
  • COTI
  • CQT
  • CREAM
  • CRU
  • CRV
  • CSPR
  • CTK
  • CTSI
  • CTXC
  • CVC
  • CVP
  • CVX
  • CYBER
  • DAI
  • DAO
  • DAR
  • DATA
  • DCR
  • DEGO
  • DENT
  • DEP
  • DEVT
  • DEXE
  • DF
  • DGB
  • DIA
  • DNX
  • DOCK
  • DODO
  • DOGE
  • DOME
  • DORA
  • DOSE
  • DOT
  • DPX
  • DREP
  • DUSK
  • DYDX
  • DZOO
  • EDU
  • EFI
  • EGLD
  • ELF
  • ELON
  • ENJ
  • ENS
  • EOS
  • EPX
  • ERN
  • ETC
  • ETH
  • ETHW
  • EUL
  • EURT
  • EVMOS
  • FACTR
  • FDUSD
  • FET
  • FIL
  • FIO
  • FIRO
  • FIS
  • FITFI
  • FLM
  • FLOKI
  • FLOW
  • FLUX
  • FORT
  • FORTH
  • FOUR
  • FRONT
  • FTM
  • FTT
  • FUSE
  • FXS
  • GAL
  • GALA
  • GARI
  • GEAR
  • GF
  • GFI
  • GFT
  • GHST
  • GLMR
  • GM
  • GMT
  • GMX
  • GNO
  • GNS
  • GODS
  • GOG
  • GRAIL
  • GRT
  • GST
  • GTC
  • HALO
  • HARD
  • HBAR
  • HEGIC
  • HERO
  • HFT
  • HIFI
  • HIGH
  • HMND
  • HNT
  • HOOK
  • HOP
  • HOPR
  • HOT
  • ICP
  • ICX
  • ID
  • IDEX
  • ILV
  • IMX
  • INEDIBLE
  • INJ
  • INSUR
  • IOST
  • IOTA
  • IOTX
  • IRON
  • IZI
  • JASMY
  • JOE
  • JONES
  • JST
  • JUV
  • KAR
  • KAS
  • KAVA
  • KDA
  • KEY
  • KINE
  • KLAY
  • KNC
  • KP3R
  • KSM
  • KUNCI
  • LABS
  • LADYS
  • LAI
  • LAMB
  • LAT
  • LAZIO
  • LBR
  • LDO
  • LEASH
  • LEVER
  • LINA
  • LINK
  • LIT
  • LITH
  • LOKA
  • LON
  • LOOKS
  • LOOM
  • LOOT
  • LOOTBOT
  • LPT
  • LQTY
  • LRC
  • LSK
  • LSS
  • LTC
  • LUNA
  • LUNC
  • MAGIC
  • MANA
  • MASK
  • MATIC
  • MAV
  • MBOX
  • MC
  • MCB
  • MDT
  • MEE
  • METIS
  • MILO
  • MINA
  • MIR
  • MITH
  • MKR
  • ML
  • MLN
  • MOB
  • MONG
  • MOVR
  • MPL
  • MTL
  • MULTI
  • MUTE
  • MYRIA
  • NALS
  • NEAR
  • NEMS
  • NEO
  • NEWS
  • NFT
  • NKN
  • NMR
  • NOM
  • NULS
  • NUM
  • NYM
  • OAS
  • OAX
  • OCEAN
  • OCT
  • OG
  • OGN
  • OGV
  • OKB
  • OLE
  • OM
  • OMG
  • OMI
  • ONE
  • ONT
  • OOKI
  • OP
  • ORB
  • ORDI
  • ORN
  • OSMO
  • OVR
  • OX
  • OXT
  • PAXG
  • PENDLE
  • PEOPLE
  • PEPE
  • PERL
  • PERP
  • PHA
  • PHB
  • PLA
  • PLAY
  • PNK
  • PNT
  • POKT
  • POLYX
  • POND
  • POOLX
  • PORTO
  • PRIMAL
  • PROS
  • PSG
  • PSI
  • PSTAKE
  • PYR
  • QI
  • QNT
  • QRDO
  • QTUM
  • QUICK
  • RACA
  • RAD
  • RARE
  • RAY
  • RDNT
  • RED
  • REEF
  • REF
  • REN
  • REP
  • REQ
  • REVV
  • RFD
  • RFUEL
  • RIF
  • RIO
  • RJV
  • RLC
  • RNDR
  • RON
  • ROSE
  • ROUTE
  • RPL
  • RSR
  • RSS3
  • RUNE
  • RVN
  • SAND
  • SANTOS
  • SC
  • SCRT
  • SD
  • SDAO
  • SEI
  • SFP
  • SFTY
  • SHIB
  • SIS
  • SKL
  • SLIM
  • SLP
  • SNEK
  • SNT
  • SNX
  • SOL
  • SOLO
  • SONNE
  • SOS
  • SPA
  • SPELL
  • SPONGE
  • SRM
  • SSV
  • STARL
  • STG
  • STMX
  • STORJ
  • STPT
  • STRAX
  • STX
  • SUDO
  • SUI
  • SUIP
  • SUKU
  • SUN
  • SUPER
  • SUSHI
  • SWEAT
  • SWFTC
  • SWINGBY
  • SXP
  • SYN
  • T
  • TENET
  • TFUEL
  • THETA
  • THG
  • TLM
  • TOMO
  • TONCOIN
  • TORN
  • TOSHI
  • TRB
  • TRIBE
  • TROVE
  • TRU
  • TRX
  • TURBO
  • TUSD
  • TVK
  • TWT
  • UFT
  • UMA
  • UMEE
  • UNFI
  • UNI
  • UNIBOT
  • UOS
  • USDC
  • USDT
  • USTC
  • UTK
  • VAI
  • VELA
  • VEMP
  • VET
  • VGX
  • VIB
  • VIDT
  • VITE
  • VLX
  • VMPX
  • VOXEL
  • VRA
  • WAVES
  • WAXL
  • WAXP
  • WBTC
  • WELL
  • WEMIX
  • WIFI
  • WILD
  • WIN
  • WLD
  • WMT
  • WNCG
  • WNXM
  • WOJAK
  • WOO
  • XAUT
  • XCAD
  • XCH
  • XCN
  • XEC
  • XEM
  • XEN
  • XETA
  • XLM
  • XMR
  • XNO
  • XPR
  • XRD
  • XRP
  • XTZ
  • XVG
  • XVS
  • XYM
  • XYO
  • YFI
  • YFII
  • YGG
  • ZBC
  • ZEN
  • ZIL
  • ZKS
  • ZRX
  • ZZ
  • ZZZ

Trading Experience

The trading experience at BingX is tailored to be user friendly while not compromising on the depth of trading features available. It boasts a platform that supports everything from simple buy and sell orders to more complex contract trading, including perpetual futures trading.

The interface caters to the needs of both novice and experienced traders, ensuring a satisfying and intuitive trading journey.

Trading on BingX is an experience tailored to meet the expectations of a diverse user base. The platform provides an array of tools and resources that empower traders to execute a wide variety of trading activities.

From the ease of setting up trading accounts to navigating through advanced trading options like crypto derivatives and Ethereum-based smart contracts, BingX has positioned itself as a crypto exchange that caters to the modern trader’s demand for depth and flexibility. The incorporation of trading indicators and technical analysis tools further complements the experience, enabling traders to make informed decisions backed by data-driven insights.

BingX exchange marketing

BingX Fees

The fee structure of BingX is crafted to accommodate the trading activities of various users. It is designed in a tiered manner, reflecting the trading volume and the trader’s engagement level.

Fees are structured in a way that aims to be transparent and competitive within the industry.

Understanding the complexities of fee structures is critical for traders to optimise their trading strategies and maintain profitability. BingX has constructed its fee rates to align with industry standards, ensuring competitiveness without compromising the quality of service.

The fee strategy is devised to provide clarity and fairness, regardless of market conditions. By ensuring that fees remain a secondary concern, BingX allows traders to focus on market analysis and position management, a vital aspect in the crypto derivatives market where precise cost calculation can significantly impact the overall trading outcome.

Type Fee
Deposit Fee (Bank Transfer) 0%
Deposit Fee (Credit/Debit Card) 0%
Trading Fee 0.05% - 0.20%
Withdrawal Fee (Bank Transfer) 0%

BingX supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.00035 BTC compared to the industry average of 0.000075 BTC. So BingX has a fee that is above the industry average by 366.67%.

Security - Is BingX Safe?

BingX prioritises the security and regulation of its platform to safeguard assets holder’s interests. Comprehensive measures, including robust identity verification processes and adherence to regulatory agencies’ guidelines, provide users with a secure environment for their trading endeavours.

In today’s digital age, security remains a paramount concern for cryptocurrency exchanges. BingX dedicates substantial resources to fortify its infrastructure against potential threats, recognising the importance of trust in maintaining its customer base.

This commitment to security is reflected in robust measures such as continuous system updates and rigorous audits by external experts. Moreover, BingX is diligent in complying with the regulations of the Money Services Business (United States & Canada), showcasing its dedication to operating within the legal frameworks, which bolsters user confidence in the system’s integrity and resilience.

BingX Customer Support

Customer support at BingX is a testament to its commitment to user satisfaction. Assistance is available through various channels including email, with a dedicated team ready to address queries and issues.

The focus is on providing timely and helpful support to ensure a smooth experience for every customer.

The provision of quality customer support is a cornerstone in maintaining a loyal user base in the crypto trading sphere. BingX recognises this and focuses on delivering customer service that not only addresses technical issues but also guides users through the complexities of digital currency trading.

The exchange goes beyond mere troubleshooting, offering documentary trading services and educational resources to enrich users’ trading knowledge. The presence of a technical team for processing inquiries and providing assistance through various channels, including email alerts, ensures that users receive the support they deserve in a timely and effective manner.

BingX support

BingX Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on BingX

  1. Create Account - Visit the BingX website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you can deposit using the deposit methods listed below, including some options through third party apps.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay
  • MoonPay
  • Banxa
  • Mercuryo

BingX Alternatives

Binance logo

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3.27
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
359+

Trading Fees
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Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 78 others

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Kraken logo

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Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
233+

Trading Fees
0.06% - 0.16%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

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OKX logo

OKX

3.75
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
332+

Trading Fees
0.06% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX

Final Thoughts

Reflecting on BingX, it reveals itself as a comprehensive crypto exchange, catering to an array of trading preferences and styles. Its features offer flexibility and cater to a broad spectrum of trading activities, from spot trading to more advanced derivatives trading options.

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Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: