Exchange review

CEX (Derivatives) Active

Bingx

BingX Group Limited Founded 2018 Based in VG

Best for

Best for users who want fiat funding, lighter onboarding, and 24/7 support coverage.

Summary

Bingx is a centralized exchange focused on derivatives, operating as BingX Group Limited, founded in 2018, and based in VG. It uses basic identity checks, supports fiat onramps, and does not disclose proof of reserves.

Quick snapshot

KYC: Basic
Fiat onramp: Available
Support: 24/7 via Live Chat, Support Ticket, Email, Help Center, Feedback Form
Proof of reserves: Not disclosed
Base fees: 10.00 / 10.00 bps

Brokerate score

50 / 100

The score reflects the published trust, fees, transparency, and support signals we could verify on this profile.

Founded: 2018
HQ: VG

Check official site

Use the official site to confirm live fees, regional access, and reserve reporting before funding an account.

Quick evaluation

A fast read on the main decision areas before the detailed profile sections.

Security

7 security controls are listed, including Two-factor authentication and Withdrawal whitelist.

Fees

Base maker and taker fees are listed at 10.00 / 10.00 bps. Deposit and withdrawal fee policies are disclosed.

KYC & fiat

Basic KYC is listed, fiat onramp is available, and support is listed as 24/7 via Live Chat, Support Ticket, Email, Help Center, Feedback Form.

Transparency

No proof-of-reserves program is disclosed. No recent reserve report date is listed.

Pros

Fiat onramp is available.
24/7 support is listed.
Support channels include Live Chat, Support Ticket, Email, Help Center, Feedback Form.

Cons

No proof of reserves is disclosed.

Full exchange details

Overview

Company profile

HQ country

VG

Founded 2018

KYC level

Basic

Fiat support

Available

Access & funding

Support channels

Live Chat, Support Ticket, Email, Help Center, Feedback Form

24/7 support listed.

Proof of Reserves

Not disclosed

Fee snapshot

10.00 / 10.00 bps

Deposit and withdrawal policy disclosed.

Editorial policy

Transparency

Proof of Reserves

Not disclosed

No proof-of-reserves program is disclosed in the profile.

Assets proof

Not disclosed

Last report: Not listed
View reserve report
Liabilities proof: Not disclosed

Method: Merkle tree

Security & trust

Account protection signals disclosed in the profile and the latest trust context we could verify.

Status: Active
Confidence: 50/100

High-impact protections

3 of 4 higher-impact protections are listed, including Two-factor authentication and Withdrawal whitelist.

Listed

3/4

Two-factor authentication

Listed in the profile

Yes

Hardware 2FA

Not disclosed in the profile

No

Withdrawal whitelist

Listed in the profile

Yes

Anti-phishing code

Listed in the profile

Yes

Additional checks

Session management: Yes
Bug bounty: Yes
Public pentest: Yes
Insurance disclosed: Yes

Fees & policies

Trading fee disclosure, tier schedules, and any related policy notes in the profile.

Base maker and taker fees are listed at 10.00 / 10.00 bps.

2 fee policy notes are listed.

Maker fee: 10.00 bps
Taker fee: 10.00 bps

Fee policy details

Deposit fees policy

BingX does not charge deposit fees. Minimum deposit requirements still apply.

Withdrawal fees policy

Each withdrawal is charged a flat withdrawal fee. The exact fee depends on the asset/network and is shown on BingX’s fee page.

Incidents

Publicly documented incident history in our current dataset.

No publicly documented incidents found in our current dataset.

Absence of incidents in this dataset is not a guarantee of safety or uninterrupted operations.

Product context

Listed product coverage and short editorial background for deeper comparison.

Coverage

Spot trading Futures Perpetuals P2P Copy trading API (REST) API (WebSocket)

Background

BingX is a centralized cryptocurrency exchange and copy trading platform that offers spot trading, futures trading, and tools for buying, selling, and managing digital assets. It also provides extra services such as trading bots, wealth products, and educational resources within...

Read full background

BingX is a centralized cryptocurrency exchange and copy trading platform that offers spot trading, futures trading, and tools for buying, selling, and managing digital assets. It also provides extra services such as trading bots, wealth products, and educational resources within a single platform.

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