BingX is a leading crypto exchange and Web3 AI company, offering more than just spot and futures trading as most crypto exchanges do.
Over the years it has shaped itself into a kind of “all-in-one” hub for traders. You get the basics such as spot markets, futures with up to 125x leverage, and more than 40,000 elite traders.
At the same time BingX also offers features you do not often find elsewhere. You can copy elite traders, trade tokens before they officially list through pre-market, convert assets instantly with zero fees, and even access on-chain tokens through ChainSpot without the need to set up external wallets.
What stood out to us during this review is the variety. Few exchanges give you the option to move between crypto, commodities like gold, and forex pairs such as EUR/USD in one place.
BingX tries to serve both beginners and advanced traders. A new user can start with demo trading or flexible savings, while experienced traders get tools such as cross-margin, dual investment, and access to hundreds of derivatives pairs.
In this review we will cover all of BingX’s main features. By the end, you should have a clear idea of what BingX does well, where it falls short, and whether it is worth using.
BingX is a leading crypto exchange and Web3 AI company that started in 2018. It allows users to trade digital assets through spot markets, perpetual futures, and copy trading.
According to the company, its mission is to provide a platform that is secure and easy to use, and its vision is to make crypto available to the next billion users.
The exchange has grown to more than 20 million registered users and operates across multiple regions.
BingX is the pioneer in bringing copy trading to the crypto space. Copy trading has been one of the main features that set BingX apart. Users can follow the trades of more experienced investors, either in spot or futures markets. This has attracted many beginners who may not want to trade on their own but still want exposure to crypto markets. On the other hand, professional traders can earn a share of profits when others copy their strategies.
Another important area of growth for BingX has been perpetual futures. These contracts allow traders to speculate on price movements without an expiry date. According to the record, this product has helped BingX become one of the top five derivatives trading platforms.
In 2024, BingX entered into a sponsorship with Chelsea Football Club, its first partnership outside the crypto industry. This was a step to increase its visibility with a wider audience.
In 2025, BingX became the first crypto exchange to go all-in on AI, committing $300M over three years to embed intelligence across the platform. The first step was the BingX AI Bingo trading assistant, designed to deliver real-time market insights, trade ideas, trade reviews, pro-trader recommendations, and help with position management. It adapts to experience level — simple guidance for newcomers, deeper analytics for pros.
Building on that foundation, BingX recently unveiled BingX AI Master – the world’s first AI-powered crypto trading strategist.
Unlike the assistant, which focuses on insights and support, AI Master acts as the strategist itself: it generates trade ideas, guides execution as markets move, and reviews outcomes transparently so users can refine discipline and improve over time.
It blends the playbooks of five top investors with AI optimization, giving both beginners and advanced traders access to structured, adaptive strategies. This isn’t just another feature; it’s a milestone in BingX’s push to become the first truly “All-in-AI” exchange.
The broader BingX AI stack still consolidates fragmented tools into one assistant — able to generate strategy suggestions (AI Trade Review), run Trend Forecasting, surface pro-trader recommendations and AI News Briefings, diagnose risk via Smart Position Analysis, and track markets and funding rates in real time. Notably, News Briefing summarizes and contextualizes headlines to gauge sentiment, while Trend Forecasting cross-checks technical patterns against live signals from news, social media, and on-chain activity.
The company has also said it plans to expand AI into other areas, including product design and operations. Through BingX Labs, more than $15 million has already been invested into AI-focused Web3 projects. The exchange also announced plans to set up a dedicated AI research unit to continue developing these tools.
With these initiatives, BingX has made AI a central part of its development strategy while still focusing on core services like copy trading and perpetual futures.
BingX offers three main ways to move between fiat money and cryptocurrency: Quick Buy & Sell, P2P trading, and Fiat Deposits. Each option works a little differently and may be useful for different types of users.
Quick Buy & Sell is the simplest way to purchase crypto directly on BingX. Users can choose from more than 80 fiat currencies to buy common assets such as USDT, BTC, or ETH. The process is straightforward: log in, select the currency and amount, choose a payment method, and confirm the purchase. Selling follows the same steps in reverse.
Payment methods include bank cards, peer-to-peer (P2P) merchants, and third-party providers. When using third parties, users are redirected to complete KYC and payment details on the provider’s platform.
While the choice of crypto is limited to a few major assets, this setup makes sense. Most people need USDT or another stablecoin first, since it acts as the base currency for trading pairs. Having access to more than 80 fiat currencies is a strong advantage compared to many other exchanges, since it allows people in different regions to buy crypto with their local currency rather than relying on USD or EUR.
BingX also offers peer-to-peer (P2P) trading, where users can buy and sell crypto directly with other individuals. To use this option, you log in, choose “P2P Trading” from the Buy Crypto menu, select your fiat currency, and pick a verified seller.
After entering the amount, the platform calculates how much crypto you will receive. Payment is made outside BingX using the seller’s preferred method, and once confirmed, the crypto is released to your account.
P2P trading can be more flexible than Quick Buy, since users can often find better rates or local payment methods that are not available through banks or cards. On the other hand, it requires more manual steps and depends on reliable sellers.
The Fiat Deposit option is available for certain currencies, including CHF, BRL, and EUR. Users complete KYC verification, select an amount, and transfer funds through SEPA or SWIFT, depending on the region.
Fiat deposits are most useful for users who want to move larger amounts of money into BingX and prefer traditional banking rails. They are slower than card payments but can be more cost-effective for high-value transfers.
The wide support for local currencies is one of its strengths, especially compared to exchanges that only handle a few major fiat currencies.
Taken together, the setup is practical and gives users a choice in how they want to enter or exit the crypto market. It covers the key needs most traders will have when handling fiat on an exchange.
The BingX spot market supports more than 300 cryptocurrencies and over 1,000 trading pairs. The interface is straightforward, with a clean layout where users can choose trading pairs, view assets, and place orders.
One useful feature is the way trading pairs are categorized. Instead of a simple list, BingX groups assets by themes such as BTC ecosystem, SOL ecosystem, TON tokens, and even meme categories like “Elon-inspired.” You can also sort by top gainers or top losers over the last 24 hours. This makes discovery easier compared to exchanges that only provide a long alphabetical list.
Order types include market and limit, with options to set take-profit and stop-loss orders. These tools are standard on professional exchanges and give traders more control over risk.
Checking open and closed orders is simple, with separate tabs for unfilled orders and order history.
Liquidity is strong for the main pairs such as BTC/USDT and ETH/USDT, though smaller tokens may see wider spreads. Spot trading fees start at 0.1% per trade, which is in line with many other exchanges in the market.
ChainSpot is a newer feature that allows users to trade on-chain assets directly through BingX without needing to move funds to a decentralized exchange (DEX). Instead of setting up an external wallet and bridging assets, everything is handled within the BingX platform.
This is especially useful for trading tokens that are not listed on centralized markets but are available on-chain. Many exchanges require complicated steps to access these tokens, while BingX keeps it simple by letting users trade them from their existing account. Security is reinforced by BingX’s usual protections, such as two-factor authentication and cold wallet storage, while trades themselves are executed on-chain using smart contracts.
The benefit here is convenience. For users who want exposure to newer, higher-risk tokens but don’t want the complexity of bridging and managing multiple wallets, ChainSpot offers a much smoother option. Gas fees still apply since transactions take place on-chain, but BingX does not charge extra trading fees during the initial launch phase. The platform also integrates AI-driven insights to highlight potential opportunities among new projects.
BingX Convert is a simple tool for users who just want to swap one cryptocurrency for another without using the full trading interface.
It supports over 15 major coins, including BTC, ETH, USDT, and XRP. Conversions are instant and charged at 0% trading fees.
For smaller amounts, no KYC verification is required, which lowers the entry barrier for casual users. The conversion rate is based on aggregated prices from BingX’s own markets and other exchanges. While this feature lacks advanced trading controls, it works well for quick swaps, especially for users who may find the main trading page overwhelming.
Pre-Market Trading gives users the ability to trade tokens over-the-counter before they are officially listed on BingX. This feature has already supported more than 20 projects, including Scroll, WLFI, WalletConnect, and Initia.
For early investors, this is a way to get exposure before a token reaches the wider market. It is a higher-risk, higher-reward option since tokens are not yet available on regular spot markets. Unlike speculative futures markets, these are direct OTC trades, so users actually own the tokens they purchase once they are released.
BingX’s spot trading setup covers the basics well but also adds features that stand out. The categorized trading pairs make asset discovery easier than on many other exchanges.
The addition of ChainSpot is notable because it bridges the gap between centralized and decentralized trading, offering access to newer tokens without the usual technical hurdles.
BingX Convert keeps things simple for quick swaps, while Pre-Market Trading appeals to risk-tolerant users looking for early exposure to new projects.
The mix of tools makes spot trading on BingX more flexible than just a standard order book. There are some limits, such as liquidity differences between major and smaller tokens, but overall the platform gives users more choice in how they want to trade, from simple conversions to high-risk pre-market deals.
BingX is recognized as one of the top five platforms for crypto derivatives trading. Its futures markets cover not only major cryptocurrencies but also tokenized stocks. This variety makes it one of the most diverse derivatives platforms in the industry.
BingX offers perpetual futures with leverage of up to 150x. Users can choose from three margin modes:
Orders can be placed as market or limit, with optional take-profit and stop-loss. Trades can also be executed directly from TradingView charts, which are integrated into the platform.
Two protections stand out:
Margin trading on BingX supports a wide range of crypto pairs. A unique feature is that users can use assets held in BingX Wealth (savings or investment products) as futures margin. This improves capital efficiency by letting assets generate yield while also backing open positions.
Risk tools available include:
BingX provides a Demo Trading Mode that can be switched on with a single click. The demo account mirrors real market conditions but uses simulated balances, allowing new users to practice futures trading without financial risk.
Unlike on some exchanges where demo accounts are limited or separate, BingX makes this feature available instantly across its main futures interface.
BingX has introduced several futures products that go beyond standard crypto contracts:
Tracks top 10 altcoins by market cap (excludes BTC and stablecoins).
Derivatives are the strongest part of BingX. The platform combines high leverage, broad asset coverage, and useful risk protections in a way that appeals to both advanced traders and newcomers.The Guaranteed Price and dual-price liquidation system address common frustrations in volatile markets, while the Demo Trading Mode lowers the barrier for beginners. Using BingX Wealth assets as margin is also a smart addition, helping traders optimize their capital.
Overall, BingX delivers one of the most flexible and diverse derivatives platforms available today. High leverage remains risky, but the tools provided here give traders more control than on many competing exchanges.
Copy trading is one of BingX’s defining features. The exchange was the first global platform to introduce copy trading, and it has since grown into one of the largest ecosystems of its kind.
According to BingX, there are now over 40,000 elite traders on the platform and more than 12 million copy relationships established.
Copy trading on BingX allows users to follow the strategies of more experienced traders in both spot and futures markets. With a single click, trades are mirrored automatically.
For futures, BingX uses a “copy by fixed margin” model. In this system, the copier selects a fixed margin amount to allocate each time the trader opens a position. This gives smaller investors more control, since their exposure is not tied directly to the trader’s account size.
One important feature is the use of dedicated sub-accounts for copy trading. This keeps copied trades separate from a user’s main account, which simplifies management and reduces the risk of mixing positions. BingX also advertises a 0 slippage guarantee, meaning orders are executed at the same price as the trader, regardless of market conditions.
Choosing a trader is made easier through filters and AI-supported analysis. Users can view statistics such as 30-day profit, preferred markets, account size, and number of copiers. Traders are also grouped into categories like conservative, low-risk, long-term growth, rising stars, and trending in the past 7 days. This helps users find strategies that match their own goals.
BingX rewards elite traders with higher profit shares and extra perks depending on their level. The program has four tiers: Bronze, Silver, Gold, and Diamond.
Benefits scale up with each tier, ranging from higher profit-sharing ratios to monthly salaries and exclusive promotions.
Copy trading is one of the areas where BingX is strongest. The platform goes beyond simple leaderboards by offering detailed stats and trader categories, which makes it easier to filter and choose strategies. The fixed margin system is also a smart design choice, giving copiers control over their risk exposure.
The system is not risk-free, since results depend on the performance of the chosen trader, but the addition of subsidy vouchers helps reduce the downside.
For professional traders, BingX provides incentives and visibility that many other exchanges do not. The tiered rewards system encourages long-term engagement, making BingX one of the more competitive ecosystems for copy trading today.
Try Copy Trading ON BingX
Beyond trading, BingX offers several ways for users to earn tokens by participating in new project launches and staking events. The three main products are Launchpad, Launchpool, and Xpool (pre-Launchpool).
BingX Launchpad is a platform where new crypto projects raise funds and distribute tokens to participants. The process is divided into four stages:
The design is straightforward: users commit USDT, allocations are decided by lottery, and tokens are distributed directly. Like other launchpads, the success of participation depends on demand, but BingX’s system tries to keep it transparent with clear limits and allocation rules.
Launchpool allows users to stake tokens to earn rewards in new project tokens. The model includes four stages:
One difference from larger exchanges like Binance is that BingX participants often earn higher average rewards, due to smaller pools and lower competition per event. Staking limits vary by project, usually between 2,000 and 5,000 USDT.
For users with idle stablecoins, Launchpool can be a zero-cost way to earn exposure to new projects without committing additional capital.
Xpool is a pre-Launchpool feature that lets users stake tokens early to earn reward points. These points act as proof of rights and can later be redeemed for actual tokens at launch.
Key features of Xpool:
Since its launch, BingX has run 19 Xpool projects with APRs ranging from 8% to over 100%, depending on the project. This makes it attractive for users who want early exposure without locking funds for long periods.
BingX’s earning products provide a decent range of options for users looking to participate in early-stage tokens. Launchpad follows a lottery model that is common across exchanges, but participation numbers show strong user interest.
Launchpool stands out because rewards per participant can be higher than on bigger exchanges, mainly due to smaller pools and capped staking limits.
Xpool adds another layer by letting users earn points before tokens even go live, which is not something most competitors offer.
The main advantage is accessibility, users with small amounts of USDT or other supported tokens can join without major upfront costs. The trade-off is that rewards depend on project quality and demand, which vary from case to case. Overall, BingX provides a strong earning ecosystem that gives users multiple ways to gain exposure to new projects beyond traditional trading.
Earn on BingX
BingX Wealth is the umbrella for all investment and yield-generating products on the exchange. It includes flexible savings accounts, fixed-term products, structured products like Shark Fin, as well as loans and dual investment tools.
Flexible Savings – Users can deposit assets and redeem them at any time. APRs vary depending on the token, but typically range from 2% to 8% on stablecoins. This works as a low-barrier way to earn interest on idle assets.
Fixed-Term Savings – Funds are locked for periods ranging from 7 to 90 days. Longer lock-ups generally come with higher APRs, which can reach double digits for certain tokens. The trade-off is less liquidity during the locked period.
Shark Fin Products – These are structured products that offer principal protection. Yields depend on whether the market moves within or outside a set price range (bullish or bearish scenarios). The appeal here is that capital is protected, but returns can vary.
Together, these options cover both conservative savers (flexible deposits) and users seeking higher yields with some risk management (Shark Fin).
BingX also provides a crypto loan service. Users can borrow assets like USDT, SOL, ETH, and BTC by pledging other cryptocurrencies as collateral. Interest is charged hourly, and repayment is flexible.
Loans can be useful for traders who do not want to sell long-term holdings but need liquidity for short-term trading or yield opportunities. The hourly interest model is also more flexible than daily or fixed-term loans offered by some platforms.
Dual Investment is designed for users who want to buy crypto at a lower price or sell at a higher price, while earning interest at the same time. Users subscribe to a contract that settles at a future date. If the market price hits the target, the order executes, and if not, the user keeps the interest.
This product is often used by long-term holders who are comfortable with either outcome: buying an asset at a discount or selling it at a premium, while earning additional yield in the process.
A feature unique to BingX is Wealth-as-Margin. Assets held in BingX Wealth products (such as savings) can also be used as collateral for futures trading. This means users can earn interest on their assets while at the same time using them as margin for leveraged trades.
This approach improves capital efficiency – funds do not sit idle while trading, and traders can combine yield and leverage. Of course, the risk is higher, since futures trading involves potential liquidation.
BingX Wealth provides a well-rounded set of products that appeal to both conservative and active users. Flexible Savings and Fixed-Term Savings are straightforward and similar to what other major exchanges offer. Shark Fin adds variety with principal-protected structures, while Dual Investment is a useful tool for long-term holders.
The standout feature here is Wealth-as-Margin, which allows users to maximize capital efficiency by using the same funds for yield and futures trading. This is not common on other exchanges and shows BingX’s focus on integrating investment and trading.
Explore BingX Wealth
Trading on BingX involves several types of fees depending on whether you are using spot, futures, or other services. The platform follows a maker-taker model, meaning fees are different for orders that provide liquidity (maker) and those that take liquidity (taker).
For non-VIP users, BingX charges a flat 0.1% maker fee and 0.1% taker fee on spot trading pairs. This is in line with other major exchanges such as Binance, Bybit, and KuCoin, and cheaper than platforms like Kraken or Coinbase.
Fees can be lowered by joining BingX’s VIP or loyalty programs, which reduce costs for high-volume traders.
BingX futures fees vary by contract type:
This pricing makes BingX competitive. For example, Binance offers slightly lower taker fees on perpetuals (0.04%), while Bybit’s taker fees are a bit higher (0.055%).
The BingX Card is a cryptocurrency debit card issued under Mastercard, allowing users to spend their crypto globally by converting it into euros (EUR) at the time of use. It supports both online and offline payments, as well as ATM withdrawals where Mastercard is accepted.
Currently, users can load the BingX Card with:
These assets are automatically converted into euros and credited to the card balance.
The BingX Card comes with the following fees:
The card uses 3D Secure, PIN protection, and two-factor authentication. Instant notifications are sent for each transaction. If lost, users can immediately report and block the card.
The BingX Card is a practical option for EU-based crypto users who want to spend or withdraw their assets directly. The support for USDT and USDC makes it especially appealing for stablecoin holders.
Compared with other crypto cards, fees are moderate: no charge for euro-area payments, but the 2% fee on non-EEA spending makes it less attractive for global travelers. The absence of Apple Pay or Google Pay integration also limits convenience.
Still, with high balance and transaction limits and integration directly with the BingX exchange, it’s a solid choice for those already trading on BingX and looking for a simple way to use crypto in daily life.
Get the BingX Card
Security is one of the main concerns for any crypto exchange. BingX has put in place multiple layers of protection to safeguard user funds, but it has also faced challenges in the past.
BingX runs the Shield Fund, a dedicated reserve fully funded by the exchange to protect users in case of unexpected platform issues such as technical bugs, security exploits, or system failures.
The fund is live 24/7 and automatically covers all users, no application is needed. In case of a covered incident, BingX provides instructions directly to affected users.
BingX publishes monthly Proof of Reserves using the Merkle Tree system, which shows that customer assets are fully backed. Independent auditors review the data, and reserve ratios are above 100%:
USDC: 143.63%
This means BingX holds more assets in reserve than the total user balances, which is a strong sign of solvency.
Alongside crypto-specific protections, BingX also meets the PCI DSS (Payment Card Industry Data Security Standard) requirements.
This is the global security standard for handling card transactions and sensitive financial data.
Compliance means BingX uses strong encryption, secure storage, and strict access controls when processing payments, such as deposits through cards.
For users, this reduces the risk of card-related fraud and ensures that payment information is handled with the same security standards as traditional financial institutions.
To protect accounts from phishing or theft, BingX offers:
In September 2024, BingX suffered a $52M loss from a hot wallet exploit. The incident raised concerns about centralized exchange security, but BingX responded with upgrades.
In October 2024, BingX launched ShieldX, an advanced protection system that adds:
BingX has taken serious steps to improve security after its 2024 breach. The combination of a $175M Shield Fund, monthly proof of reserves, and the ShieldX upgrade makes BingX relatively safer than many exchanges.
Still, as with all CEXs, users should follow best practices: use 2FA, enable withdrawal whitelists, and avoid storing long-term funds entirely on an exchange.
Trade Safely on BingX
BingX has grown into one of the most versatile crypto exchanges, offering spot, futures, copy trading, and investment products under one roof. Its copy trading ecosystem stands out as one of the most advanced in the market, making it a strong choice for both beginners who want to follow proven traders and professionals who want to monetize their strategies.
The exchange also offers unique features not always seen elsewhere, such as ChainSpot for on-chain trading, pre-market token access, and a broad range of futures that even include forex and indices.
Security is backed by a $175M Shield Fund, Proof of Reserves, and the ShieldX upgrade after its 2024 breach.
On the downside, BingX is not available in the U.S., and while its product range is impressive, it may feel overwhelming for users completely new to crypto.
Overall, BingX is worth considering if you want an exchange that balances traditional trading tools with innovative features. It offers something for nearly every type of crypto user, though those in restricted regions will need to look elsewhere.
Discover BingX
BingX is a a leading crypto exchange and Web3 AI company founded in 2018. It offers spot, futures, copy trading, staking, and other investment products to over 10 million users worldwide.
Yes. Basic trading can be done without KYC, but to unlock higher withdrawal limits, fiat deposits, and certain products, completing KYC verification is required.
Spot trading fees start at 0.1%, while perpetual futures fees are 0.02% (maker) and 0.05% (taker). Standard futures fees are 0.045%, only charged on closing a position.
BingX maintains 100% Proof of Reserves, a $175M Shield Fund, and recently launched ShieldX security upgrades after a 2024 incident. Security features like anti-phishing codes and withdrawal whitelists further protect users.
Users can copy elite traders in spot or futures with one click. You can filter traders by PnL, risk profile, or strategy. Copiers can diversify across multiple traders, while elite traders earn a share of profits and platform exposure.
BingX offers welcome bonuses, trading fee discounts, and copy trading vouchers for new and existing users. The exact offers vary by promotion.
BingX ranks traders based on performance indicators like 30-day PnL, risk level, number of copiers, and account size.
