The BingX project positions itself as a cryptocurrency exchange founded in 2018 and serving over 10 million users. The broker's presentation website is available at the domain bingx.com and has a multilingual interface.
The company's CEO is Vivian Lin, as stated on the broker's official website. The platform offers innovative trading tools and assets designed to enhance the user experience.
The company claims to have official representations in Australia, Canada, and the EU; however, specific office addresses or legal information about them are not provided. Also, copies of registration certificates or other official documents are not posted on the platform. Despite the claim of licensing and compliance in various countries, the site lacks data on financial regulators, license numbers, or links to official registries.
The help center on BingX includes a section with frequently asked questions, current announcements, several email addresses for contact, as well as an online chat and social media pages. Information about the firm's legal status and registration is not disclosed.
Cryptocurrencies and trading on the “BingX” exchange
On BingX, users can trade a variety of cryptocurrencies, including:
- Bitcoin (BTC);
- Dogecoin (DOGE);
- Ethereum (ETH);
- Pepe (PEPE);
- Solana (SOL);
- Toncoin (TONCOIN);
- XRP (XRP).
For trading on the BingX platform, a proprietary platform is available, which can be downloaded through the AppStore, Google Play, or used via the Developers API. A complete list of available cryptocurrencies can be viewed in the personal account after registration.
BingX cryptocurrency exchange: features
On “BingX”, there are two ways to create an account: registration using an email address or phone number. There is also the option to log in via a Google account. To protect the account, users are required to create a password between 8 and 30 characters long. The platform offers two types of verification: basic and advanced.
The cryptocurrency exchange provides its clients with a wide range of services and investment opportunities. In addition to standard cryptocurrency trading, users can take advantage of the following features:
- trading via signals from external platforms;
- copy-trading, allowing earnings by copying the trades of successful traders;
- spot trading;
- futures trading with the ability to use leverage for long and short positions;
- grid trading, where the trader creates their strategy and uses bots for 24/7 automatic profit;
- VIP club, providing additional rewards and privileges to participants;
- affiliate program, allowing earnings by attracting new users to the platform.
Regarding fees, each cryptocurrency on BingX has its own maker and taker rate, generally set at 0.1%. VIP clients enjoy reduced fees, and detailed information can be found in the “Trading Fees” section on the platform.
The BingX broker affiliate program offers participants the opportunity to earn by attracting new traders. Partners can receive some of the highest commissions in the industry, with payouts already exceeding 80 million USDT (as of August 2023).
The program consists of three stages:
- Registration – potential partners fill out a form, indicating their resources and strengths. After verification, a BingX representative contacts them.
- Client attraction – partners promote the platform through social networks and referral links.
- Earnings – commission is credited for each trade made by invited users. The more referrals, the higher the income.
The maximum monthly income in the program reaches 500,000 USDT, and the affiliate network already has 16,000+ participants from 110+ countries.
How to deposit and withdraw money from the bingx.com crypto exchange
On the “BingX” cryptocurrency exchange, currency purchases can be made using various methods: credit and debit cards, online banking, bank transfer, as well as via SWIFT Wire transfer. However, precise information on the processing and confirmation time of financial transactions on the platform is absent.
Regarding fees and limitations, BingX does not provide public data on the fees charged for transfers, nor does it disclose information about minimum and maximum amounts for deposits and withdrawals. Users will need to clarify these details during transactions on the platform.
Conclusions about bingx.com
The “BingX” crypto exchange raises doubts among experienced users and investors despite its claims of having offices and licenses in different countries. The platform does not provide proof of its legitimacy through official documents such as licenses or registration certificates. Although the company claims to comply with regulatory requirements, the lack of transparency raises questions about its real legal security. In the cryptocurrency exchange ranking, BingX occupies middle positions, which also reflects the community's distrust of the platform. Before starting cooperation, it is recommended to read reviews about BingX from clients and experts to avoid possible troubles and misunderstandings.
Яковлев Павел
Binx is complete trash and a blatant scam! I don't know what good you found there, but I have nothing but wild negativity with this shady operation. As soon as I tried to withdraw money, my account was blatantly blocked without explanation, without warning, they just brazenly took my money. I started dealing with support, but nothing! These rats just ignore, not a single coherent response. Now I have no doubt that they are scammers who simply rob people!!!!!! $3k is at stake, and what should I do now?! How to return the stolen money, it is completely unclear. Vultures, not an exchange...
platon_steelcore
I read a lot of rave reviews, believed them, chose this lousy exchange, and ended up getting scammed hard. They refuse to return my money, and the amount I have is much more than a few thousand. You won't get anything here! I even tried to reach the CEO of BingX, but all I got were excuses and evasions. If this were an honest exchange, they would have sorted everything out. But here, it's clear they don't care about clients; the main thing is to rake in the money, and then let the grass grow. This company doesn't even deserve a star; it's a scam operation!