
Singapore ยท Founded 2018
BingX
BingX is a global exchange known for social and copy trading with both spot and derivatives markets. It offers a mobile-first experience and a range of trading tools for retail users.
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Score Breakdown
CryptoScore: security, fees, liquidity, regulation, UX โ 0-100.
Health Score
Trust, transparency, and resilience
Health Score blends trust signals, transparency, and operational longevity.
Fee Breakdown
Spot
Standard tier
Futures
Perpetuals & futures
Exchange Overview
Trading Pairs
0+ markets
Proof of Reserves
Available
โ ยท โ
Fiat On/Off Ramps
API Access
Security & Trust
KYC Matrix
| Level | Withdrawal Limit | Documents Required | Processing Time |
|---|---|---|---|
๐ข No KYC | limited (withdrawal caps) | None | Instant |
๐ก Basic KYC | Higher withdrawal and fiat functionality depend on completed identity verification | Government ID + Face verification | <1h |
๐ด Full KYC | Unlimited | Government ID + Proof of address when required + Enhanced review for higher limits | 24-72h |
Proof of Reserves
Geographic Coverage
US
EU (MiCA)
UK
Canada
Australia
Japan
Singapore
Coverage
Global coverage
Blocked countries
None
Restricted countries
None
| Region | Fiat Deposit Methods |
|---|---|
| US | ACH, Wire Transfer, Debit/Credit Card |
| EU (MiCA) | SEPA, Bank Transfer, Debit/Credit Card |
| UK | Faster Payments, Bank Transfer, Debit/Credit Card |
| Canada | Interac e-Transfer, Bank Transfer, Debit/Credit Card |
| Australia | PayID, Bank Transfer, Debit/Credit Card |
| Japan | Bank Transfer, Debit/Credit Card |
| Singapore | FAST, Bank Transfer, Debit/Credit Card |
Language support
10+ languages
Channels: email, chat
Why traders pick BingX
BingX stands out mostly because of its social and copy trading identity. Traders who use it often want something more interactive and retail-friendly than a pure execution venue. The platform appeals to users who like following strategy providers, experimenting with copy trading, and moving between spot and derivatives without a steep learning curve. That makes it especially attractive to newer active traders or users who prefer a mobile-first experience. BingX is not usually the first venue serious institutions or highly conservative traders will use for core balances, but that is not really the role it plays. Its value is accessibility, speed of use, and a product design that lowers the barrier to active trading participation. In practice, people choose BingX when they want a platform that feels dynamic and easy to use, especially if copy trading or social-style market participation is part of the appeal.
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