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.

BingX trading terminal: user-friendly and transparent

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.

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

Written by:John Smith

Contributor

Fact-checked by:Sagar Dua

Cryptocurrency and stock expert