BingX logo

BingX Review

Rating: 2,2/5

Open account is committed to the highest ethical standards and reviews services independently. Learn How We Make Money.

Page Summary

BingX is a cryptocurrency exchange founded in 2018 that offers cryptocurrency derivatives trading, social trading, and staking services. The maximum leverage offered on BingX is 100x. BingX doesn’t accept fiat deposits. BingX users only have to undergo KYC verification when they want to withdraw over 100,000 USDT lifetime.  

About BingX

BingX is based in Singapore and was previously known as Bingbon. Their team consists of professionals that have worked at J.P Morgan, Standard Chartered Bank, Google, Tencent, and Alibaba. 


BingX Features

BingX offers leveraged cryptocurrency trading, cryptocurrency social trading, and staking services. Users can trade cryptocurrencies like Bitcoin, Aave, Chainlink, Dogecoin, and others with leverage up to 100x. It is also possible to copy other cryptocurrency traders via BingX’s Crypto Social Trading Network. Users can use the AI-Arbitragebot to yield farm and earn up to 90% APR. 

BingX Mobile App

BingX has a mobile trading app available for both iOS and Android devices. This app contains the same features as the desktop trading platform and can be downloaded in the Google Play Store and Apple’s App Store. 


BingX Trading Platform

Users can see current cryptocurrency prices, order book history, and trade sentiments on BingX’s trading platform. From here traders can trade cryptocurrencies and place market and limit orders. BingX will show you all details about your position whenever you open a trade. BingX’s trading platform is customizable and the standard one looks like Binance. 

BingX Fees

BingX charges its users maker and taker fees whenever they open a trade and withdrawal fees. BingX’s maker/taker fees are 0,05% and 0,02% respectively, which is lower than the industry average. The withdrawal fee at BingX is 0,0005 BTC per withdrawal, regardless of the amount withdrawn. 

BingX Deposits and Withdrawals

BingX only accepts cryptocurrency deposits and it’s not possible to buy crypto on BingX. Users can deposit Bitcoin, Ethereum, XRP, and a handful of other cryptocurrencies on BingX. There are no minimum deposits and deposits are instantly credited to your BingX account. 

UAE Investors

BingX accepts traders and investors from the United Arab Emirates. They will not have to undergo KYC unless they want to withdraw over 100,000 USDT lifetime. 

BingX Review – Our Verdict

BingX is a decent crypto CFD broker and social trading platform. Their high maximum leverage of up to 100x makes it a good broker for crypto day traders. BingX is suitable for both beginners and expert traders because they offer social trading and leveraged trading. They don’t have a demo account available nor KYC requirements for traders who want to trade less than 100,000 USDT.  If you are looking for the best crypto social trading platform we recommend signing up with eToro instead. 

Related: Review
Binance US Review
Kraken Review
Coinbase UAE Review
BitOasis Review Review
Bittrex Review
Bitfinex Review
BitPanda Review
Bitstamp Review
Gemini Review
Coinmama Review
HitBTC Review
Kucoin Review
Uniswap Review
Gold Age Review
Liberty Reserve Review
CoinSpot Review
Coinjar Review
Coinfloor Review
CoinCorner Review
FTX Review
Bitso Review
BitMex Review
BitFlyer Review
BitClout Review
Bittylicious Review
Poloniex Review
Shapeshift Review
Coin Nerds Review
CoinSwitch Review
Cryptopia Review
Changelly Review
CoinMena Review
Luno Review
Mercatox Review
Okex Review
Paxful Review
VirWox Review



Please enter your comment!
Please enter your name here

This site is registered on as a development site.