BingX Review 2025: Features, Fees, and Security

BingX has grown in a short time over the previous few years, quietly turning into some of the fashionable and widely-used international cryptocurrency exchanges.

But, it nonetheless feels prefer it’s flying below the radar, particularly in comparison with giants like Binance or Bybit.

I spent a while testing its spot markets, futures engine, and plenty of of its further options and total person expertise, and located it to be surprisingly succesful with a feature-rich set of merchandise that may be very helpful for each rookies and superior merchants.

The next is my BingX assessment for 2025, geared toward strolling you thru my findings about its strengths, weaknesses, prices, security profile, and the way it compares to a few of the {industry} leaders.

Major Takeaways:

• BingX offers a broad suite of various buying and selling merchandise, equivalent to spot, futures, copy buying and selling, grid bots, and incomes instruments.
• Copy buying and selling is a standout function, making the platform particularly interesting to passive buyers and rookies.
• Futures charges are very aggressive, with sturdy liquidity on main pairs and dependable execution.
• The platform lacks major-market regulatory oversight, and availability varies by area.

Score:

4.7/5

• Huge number of spot, futures & automated buying and selling instruments
• Business-leading copy buying and selling with AI choices
• Aggressive futures charges & sturdy liquidity
• Newbie-friendly UI and cell app
• Demo buying and selling mode for follow

• Restricted regulatory oversight in main jurisdictions
• Not obtainable to U.S. customers
• Thinner liquidity on small-cap altcoins

Firm Background and Status

BingX was based again in 2018 by Josh Lu and has since then grown to turn out to be a globally-recognized cryptocurrency trade providing a full suite of buying and selling and Web3-oriented tooling.

The platform serves a comparatively vast person base of greater than 20 million customers worldwide, in response to the official web site.

Through the years, BingX has expanded its providing past conventional spot crypto buying and selling. It now presents derivatives (futures), social buying and selling through copy buying and selling merchandise, in addition to a spread of various instruments oriented at completely different dealer profiles, spanning from novice to superior customers.

In 2024, it gained further visibility by a large sports activities sponsorship of the Soccer behemoth Chelsea FC.

Earlier in 2025, the trade additionally dedicated to take a position $300 million in growing AI-powered buying and selling and product instruments, which is a alerts for his or her want to remain forward technologically.

In brief, BingX has quickly turn out to be a significant, formidable trade with a worldwide attain and a broad portfolio of service choices, incessantly being featured in CoinMarketCap’s high 10 exchanges by buying and selling quantity in each derivatives and spot markets.

Supported Markets, Merchandise, and Entry

BingX has positioned itself as a multi-market buying and selling platform. In easy phrases, which means it has a broad vary of crypto merchandise. After testing it myself, right here’s what I came upon.

Spot Buying and selling Markets

BingX helps a whole bunch of cryptocurrencies. After all, this consists of main property equivalent to BTC, ETH, SOL, XRP, ADA, and the entire fashionable altcoins. The spot choice is clearly intensive and it’s well-suited for rookies and normal buyers.

As well as, BingX expands this choice often.

When it comes to liquidity, as it’s with the vast majority of exchanges, it’s the strongest on main pairs. Lengthy-tail property have thinner books in comparison with a few of the big exchanges, however that is fairly normal and I actually didn’t anticipate anything.

Futures & Derivatives

The futures buying and selling setting has been handed as considered one of BingX’s core strengths, so I used to be curious to see if it might dwell as much as the hype.

Now, BingX helps USDT-M perpetual contracts, coin-margined futures, in addition to a consistently rising roster of derivatives pairs.

Notably, the trade presents normal futures on a number of cryptocurrencies, which is a refreshing change of tempo and one thing that we don’t see fairly often exterior of the bigger exchanges.

The leverage choices are very aggressive, and so are the spreads. In my testing, I discovered that the derivatives engine feels secure and responsive, even in periods of comparatively heightened market volatility.

Different Supported Merchandise

A number of the remaining merchandise of BingX, that I’ll look into the next part embody:

• Copy Buying and selling & Social Buying and selling
• Grid Buying and selling Bots
• Twin Funding Merchandise
• Commonplace Staking & Incomes Instruments

Core Options and Platform Performance

As I discussed above, BingX appears to have changed into a feature-rich platform that tries to steadiness superior buying and selling capabilities with extra accessible instruments. At some issues, they’ve but to enhance, whereas at others, they already do a superb job. Let’s have a look.

Copy Buying and selling & Social Buying and selling

I’ve at all times had combined emotions about copy buying and selling, and I wouldn’t vital suggest it for causes that transcend this assessment.

Nevertheless, if that’s the factor you’re into, BingX has so much to supply on the social buying and selling entrance. You’ll be able to select from copying fashionable and profitable merchants, in addition to sure AI fashions – an idea that’s rising in reputation just lately.

That mentioned, right here’s what the copy buying and selling interface seems like:

They’ve executed a very good job with their explainer guides and adjoining merchandise. Their AI-oriented copy-trading answer seems like this:

Now, I’m positive there are many disclaimers someplace that we will entry to search out out all particulars and dangers related to the AI buying and selling battle, however I didn’t see them clearly said on the web page, which is one thing I’d have appreciated.

Grid Buying and selling Bots and Automation

For those who’re into automation, which appears to be the discuss of the city in 2025, BingX has you coated. It has grid buying and selling bots for each spot and derivatives.

As well as, there are AI-enhanced bots, in addition to technique templates that you should utilize.

These instruments are very straightforward to make use of and deploy, even in case you have no prior expertise with it. Nevertheless, if that’s the case, I’d strongly counsel that you simply do some testing first earlier than beginning to use actual capital.

You gained’t have to jot down code, don’t fear.

Twin Funding Merchandise

These could be sophisticated for rookies, however I’ll attempt to break them down. In essence, it’s kind of an choices buying and selling instrument, which lets you earn a premium in your funding, no matter the place the worth goes to go. After all, there’s a catch.

Let me attempt to offer you an instance. Here’s what the interface seems like:

So, on this particular case, you wish to purchase BTC decrease than its present worth. On the time of this snapshot, Bitcoin was buying and selling at $91,600, however as you’ll be able to see, we put an order to purchase it at $91,500 and the system will act is that if that’s true.

So, you purchase $1000 price of BTC at $91,500 (no matter present worth) and also you earn a premium in your funding at a fee of 260% APR for 22 hours.

In 22 hours, the contract will expire, and relying on the BTC worth, you’ll obtain:

1. If BTC > $91,500, you’ll get your funding + your premium again (e.g. $1006).
2. If BTC <$91,500, you’ll obtain the equal of $1000 purchased at $91,500 + the premium.

In each circumstances, you get your premium, however relying on the worth at settlement, you both get your USDT or its equal in BTC. The dangers are apparent – if the worth deviates an excessive amount of in the other way, you’ll be left holding a costlier asset. However, if the worth goes in your path however the enhance is bigger than your premium, you’ll have incurred alternative price.

That is the best product for customers trying to earn a premium on their unused stablecoins and don’t thoughts shopping for BTC (or different cryptocurrency) on the predetermined worth. For instance, in case you are completely satisfied to purchase BTC at $91,500, figuring out that it would go down – this can be a nice product as a result of you’ll get the entry plus the premium in your funding.

Commonplace Earn and Staking

Past that, normal earn & staking alternatives are additionally obtainable.

These are comparatively normal throughout the {industry} and supply very accessible methods for customers to generate yield. After all, the returns are going to differ primarily based on asset and lock-up interval.

Charges, Prices, and Incentives

BingX has positioned itself as an trade with aggressive buying and selling charges, particularly in relation to the futures market. I did assessment its charges and paired it in opposition to a few of the bigger exchanges, and I discovered the charge construction to be fairly clear, so let’s have a look.

Spot Buying and selling Charges

Spot buying and selling charges are as seen within the desk:

For VIP stage 0, the charges begin at 0.1%, which is correct on par with Binance. The upper your VIP stage, the decrease charges you pay.

Futures Buying and selling Charges

For futures buying and selling, that is what the charge construction seems like:

Once more, it’s fairly akin to these of Binance, though it’s price noting that Binance has extra aggressive charges on the highest ranges. However you’ll solely be involved about this in case your turnover is over $1 billion.

Prices

When it comes to hidden prices, a very powerful factor to think about is the unfold. That is the distinction between your set order worth and your execute order worth. For instance, in case you set a restrict order to purchase BTC at $100,000, however the worth drops down faster and there was no liquidity at $100,000 to fill your order, you would possibly obtain a fill at decrease charges, which might be an issue in case you are utilizing this as a stop-loss for instance.

Now, BingX has very stable liquidity for the bigger markets and the spreads are very aggressive. Nevertheless, in relation to thinner markets for extra obscure altcoins, you must understand that the spreads are bigger. Naturally, that is current throughout most cryptocurrency exchanges, but it surely’s typically a degree that’s neglected in instructional sources.

Incentives

To counter the above level, BingX is doing rather well on the incentives facet and they’re consistently working some kind of promotions. For instance, on the time of this assessment, there’s a promotion for 0% maker and taker charges on numerous spot markets.

Safety, Compliance, and Threat Administration

Undoubtedly, safety is amongst the primary factors of evaluation when evaluating any crypto trade.

The very first thing I’ll say is that BingX has by no means been hacked and it helps the entire normal account-level security measures, together with end-to-end encrypted connection, two-factor authentication, separate buying and selling accounts for various merchandise, and extra. It additionally has Proof of Reserves, which is notable for any trade that claims to be dependable.

Regulatory Standing and Licensing

Though it’s positioning itself as a world and international trade, BingX doesn’t function within the UK, the USA, or Canada. There are different restricted nations, however these are a very powerful jurisdictions out of it.

Don’t get me incorrect, that is nothing out of the blue – many exchanges don’t function there due to the regulatory hurdles, so it’s fairly widespread.

I imagine BingX in all fairness safe, utilizing industry-standard safety strategies. It’s essential to notice that there are exchanges that place higher deal with licensing.

Person Expertise and Buyer Help

The general person expertise on BingX is superb, at the least in my expertise. The instruments are straightforward to find and to function, and it doesn’t really feel like I have to get used to the in any other case very intensive tooling and feature-rich product set that it has to supply. That is good.

The expertise feels acquainted and in case you’ve used different centralized exchanges, likelihood is that you will see that some issues that work in comparatively related method.

On the similar time, BingX is rated 1.8 out of 5 on Trustpilot for its customer support, with many unfavorable critiques. At first, this may increasingly appear off-putting, till you evaluate all the opposite exchanges as effectively. Binance has a rating of 1.4, for instance. In a lot of the circumstances, customers aren’t incentivized to go away a optimistic assessment, the place their frustration with sure issues virtually at all times leads to a nasty assessment.

BingX Execs and Cons

Execs:

• Huge number of spot, futures, and automatic buying and selling instruments.
• Business-leading copy buying and selling with sturdy social options.
• Aggressive futures charges and dependable execution.
• Newbie-friendly cell app and intuitive UI.
• Demo buying and selling mode for protected follow.

Cons:

• Restricted regulatory oversight in main jurisdictions.
• Not obtainable to U.S. customers.

Last Verdict and Suggestions

After utilizing Bingx for a good period of time, I’ve to say that I’m left content material with the vast majority of its options, together with spot and futures buying and selling, which I gues issues most to the vast majority of customers.

Its largest energy, nevertheless, is the general vast number of retail-oriented viewers such because the copy-trading ecosystem, which stays some of the accessible and feature-rich within the {industry}.

That mentioned, Bingx does include some trade-offs. The restricted regulatory protection in sure jurisdictions such because the US and the UK might deter some customers, however that’s not that unusual.

Total, I imagine BingX to be a really sturdy alternative for merchants who search easy-to-use and have wealthy platform.

Continuously Requested Questions (FAQs)

Is BingX a regulated trade?

BingX holds registrations and licenses in sure jurisdictions however is just not totally regulated in main markets just like the US or UK.

Can US residents use BingX?

No, BingX is just not obtainable to customers in the USA.

Is BingX protected to make use of?

BingX presents normal security measures equivalent to 2FA, chilly storage, and anti-phishing instruments, and proof-of-reserves.

Does BingX assist copy buying and selling?

Sure, it is likely one of the platform’s standout options.