BingX is a global cryptocurrency exchange known for diversified trading products including spot trading, derivatives, and copy trading. Here’s an overview of bing x :
What is Bingx
BingX is a global cryptocurrency exchange and social trading platform established in 2018, designed to serve both beginners and professional traders.
it is a cryptocurrency exchange platform offering access to over 800 different cryptocurrencies for trading, including major ones like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Chainlink (LINK), Cardano (ADA), and VeChain.
It offers a diverse range of products and services including spot trading, futures and derivatives trading with flexible leverage, copy trading (where users can automatically mimic strategies from successful traders), and wealth management products.
It supports a wide range of crypto markets, making it a versatile platform for traders interested in many types of digital assets. BingX is trusted by over 10 million users across more than 150 countries, highlighting its global reach and broad user base.
How it works?
Users can buy, sell, trade, and hold cryptocurrencies directly on the platform.
Futures trading includes long and short positions with adjustable leverage to manage risk.
The copy trading feature allows users to follow and duplicate the trades of experienced traders automatically, enhancing accessibility for novices.
The platform offers a tiered fee structure with competitive trading fees (e.g., 0.1% for spot trading, maker fees at 0.02%, taker fees at 0.05% for futures), with discounts for VIP traders.
It provides multiple order types such as limit, market, and stop orders and supports margin modes (cross and isolated).
Security is a priority, with 100% margin reserves verified by auditors and multi-factor authentication measures in place.
BingX has international presence with licenses and regulatory compliance in various jurisdictions including the European Union and Australia.
BingX Trade Volume
As of August 2025, Bing X has a 24-hour spot trading volume of approximately $722 million to $730 million USD.
It handles several thousand BTC equivalent daily and maintains total platform assets exceeding $1.3 billion. BingX is recognized as one of the sizable exchanges in the crypto space, competing among top crypto platforms globally
What is BingX Coin
BingX itself does not have a native cryptocurrency token commonly referred to as “BingX coin” like some other exchanges.
It mainly operates as a platform providing access to over 700 cryptocurrencies and trading pairs.
Users can trade popular coins such as BTC, ETH, XRP, SOL, and many others on Bing X.
Any reference to a “BingX coin” might instead be about tokens listed on the platform or trading pairs involving projects named similarly, but Bing X as an exchange does not issue a proprietary token.
What is BingX LINK
On Bing X, users can trade Chainlink (LINK) notably via spot and perpetual futures contracts like LINK/USDT.
The LINK trading pairs on BingX support active trading and have associated liquidity typical of a major crypto exchange.
BingX integrates tools like TradingView for charting LINK and other coins, facilitating detailed market analysis and informed trading decisions
Key features of Bing X cryptocurrency exchange
Diverse Trading Products:Spot trading, futures and derivatives trading with flexible leverage for long or short positions, and copy trading that lets users automatically mimic successful traders’ strategies.
Wide Cryptocurrency Selection: Supports trading in over 750 cryptocurrencies including popular ones like BTC, ETH, SOL, XRP, ADA, DOT, LINK, DOGE, etc.
Copy Trading: An automatic tool with detailed data to help users select quality traders and copy their trades with one click.
Demo Trading: A simulated trading environment for beginners to practice or for experienced traders to refine their strategies without risk.
Low Trading Costs: Competitive and transparent fees with tiered discounts for VIP traders.
Fair Market Data: Aggregates comprehensive data from top exchanges ensuring market integrity and reducing chances of manipulation.
Flexible Order Types:Supports limit orders, market orders, take profit/stop loss orders, and switching between cross and isolated margin modes.
Real-Time Market Monitoring: Accessible on mobile and desktop platforms with real-time price alerts, charting, and news updates.
Advanced Charting Tools: Integration with TradingView and MT5 for detailed technical analysis using multiple indicators and drawing tools.
Security Measures: Bank-grade custody solutions, 100% margin reserves audited by third parties, multi-factor authentication, and partnerships with security firms like Certik and Slowmist.
Global Presence and Regulatory Compliance:Regulated in multiple jurisdictions with global offices enhancing service and accessibility.
Additional Features:Includes wealth management products, GameFi, DeFi, BRC20 Web3 products, and social trading communities.
BingX focuses on user-centric innovative tools to support traders ranging from novices to professionals, ensuring a safe, transparent, and streamlined trading experience.
Frequently Asked Questions (FAQ):
1. Is BingX safe to use?
BingX uses bank-grade custody solutions, multi-factor authentication, and maintains 100% margin reserves audited by third parties, enhancing user fund security. It is regulated in several regions, contributing to its legitimacy.
2. What cryptocurrencies can I trade on BingX?
BingX supports over 750 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), Solana (SOL), Cardano (ADA), Polkadot (DOT), Chainlink (LINK), and many others.
3. What trading options does BingX offer?
Spot trading, futures (including perpetual futures), derivatives, and copy trading with flexible leverage and multiple order types are available.
4. Can beginners use BingX?
Yes, BingX provides demo trading to practice without risk and copy trading to follow expert traders, making it accessible to novices.
5. Are there any fees for deposits and withdrawals?
Deposits are generally free; trading fees vary by type but remain competitive. VIP users get additional discounts.
6. Does BingX offer customer support?
Yes, 24/7 customer support is available to assist users globally.
In summary, Bing X is a versatile, security-focused, and user-friendly cryptocurrency exchange and social trading platform that appeals to a broad spectrum of crypto traders by combining advanced trading tools with social trading capabilities and global compliance.
