·
6 months ago
Seems more like a betting provider than a Bitcoin provider.
I only registered briefly; it seemed too dubious to me.
I only registered briefly; it seemed too dubious to me.
BingX Exchange Review: Copy Trading, Market Depth & User Experience
BingX is a fast-growing global crypto exchange launched in 2018, rapidly climbing to the top of the industry by blending spot and futures markets with a best-in-class copy trading platform. Traders can access over 900 markets across major cryptos (BTC, ETH, USDT, USDC, XRP, DOGE, BNB) as well as a broad range of trending altcoins.
Key Features & Advantages
- Access to BTC, ETH, USDT, USDC, and other top altcoins for users in 100+ countries.
- Spot, grid, and perpetual derivatives trading, plus easy fiat conversions.
- Advanced social/copy trading with transparent trader performance stats and passive earning options.
- One of the lowest average spreads on the market (from 0.04% on major pairs).
- Mobile apps powered by TradingView for real-time analytics and order execution.
- International licenses: US, Canada, Australia, Estonia.
- 24/7 live chat and email support; no phone center.
- Transparent fee schedule, regular promotions, and free deposits for most assets.
BingX Drawbacks
- No leverage for spot trading—only own funds can be used for spot markets.
- Withdrawal fees on some networks can be higher than market average (e.g., USDT-ERC20: $20, USDT-OMNI: $28).
- No phone call center, online channels only.
Trading Fees, Volume, and User Activity
BingX charges extremely competitive fees: 0.05% maker, 0.1% taker, and as low as 0.045% for active traders. The average daily floating spread is 0.04–0.1% for most assets. There are about 995 spot pairs and 138 derivatives markets available.
24-hour spot volume exceeds $253M, while derivatives trading hits $7.8B. Open interest stands above $2.1B, with BTC/USDT as the top pair by volume ($3.52B).
Global User Base & Top Regions
- Venezuela — 15.7%
- Russia — 12.9%
- India — 4.9%
- Argentina — 4%
- Iran — 4%
Investment Services: BingX Copy Trading
Copy trading is a flagship BingX service, enabling any user to mirror the trades of top-ranked investors. Public stats (30-day P&L, drawdown, AUM, subscriber counts) help users pick leaders wisely.
Leading signal providers on BingX regularly show monthly returns from 1000% to 2400%, making this a go-to for passive investors in crypto.
Security & Reliability
BingX has never reported a security breach or data leak since launch. The exchange regularly stress-tests its platform for stability and safety—across both web and mobile apps.
Fee Structure & Withdrawals
Spot trading fees: 0.05% (maker), 0.1% (taker). Copy trading rates start from 0.0375%. Withdrawal fees vary by asset/network—e.g., USDT-TRC20: $1, USDT-OMNI: $28. Most deposits are free.
| Account Type | Trading Fee | Withdrawal Fee |
|---|---|---|
| Standard | from $4 | applies |
Expert Verdict & User Reviews
BingX delivers a multi-functional environment for crypto trading and investing, with top social trading features, low commissions, and a stable platform. It's equally suitable
Log in with
or post as a guest
Loading comment...
The comment will be refreshed after 00:00.
-
This commment is unpublished.
-
This commment is unpublished.
· 5 months agoPretty solid for copy trading, super easy to follow other traders. App works fine most of the time, but I did have a couple of freezes. Coin list isn’t huge, but withdrawals went through without issues
-
This commment is unpublished.
· 5 months agoI’ve been trying out this platform mainly for copy trading, and that part works really well — it’s super easy to follow other traders and learn strategies. The interface is clean, and deposits and withdrawals have gone through without issues. On the downside, the coin selection isn’t as big as on some larger exchanges, and the app has frozen on me a couple of times. Support eventually answered my questions, but it wasn’t very fast. Overall, I think it’s a good option if you’re into copy trading or just starting out, but for more advanced features I’d still use other exchanges.
-
This commment is unpublished.
· 6 months agoI use BingX for copy trading — it’s really easy to follow top traders and learn strategies. Coin selection isn’t huge, but the interface is clean and the app works well. I had a minor issue with deposits once, but support sorted it out. Great for beginners and copy trading fans.
-
This commment is unpublished.
· 2 months agoAfter some time using the platform, the main issues become clear: spreads noticeably widen during volatility, execution can lag on leveraged trades, and withdrawals are sometimes slower than expected. Support replies, but complex issues usually get generic answers. It’s usable and not unsafe, but these limitations make it less attractive for active or high-frequency traders.
-
This commment is unpublished.
· 2 months agoHow reliable has order execution been for you on BingX during high volatility?
-
This commment is unpublished.
· 4 days agoI used BingX mainly for copy trading. It’s easy to follow top traders, but spreads are sometimes wide and risk management tools feel limited.
-
This commment is unpublished.
· 2 months agoBeen using this platform mainly for copy trading and some futures. Execution is generally fine, but during high volatility spreads can widen and fills get a bit slower. Withdrawals work, though not always instantly. Support is there, but responses are usually generic. Overall, a solid mid-level exchange — usable for regular trading, but not ideal if you rely on ultra-tight spreads and fast scalping.