BingX — crypto exchange review: sign-up, KYC, fees, withdrawals, and trading for beginners

A complete breakdown of BingX in plain language: what the platform is, how to register and complete verification, how to deposit and withdraw funds, what fees apply, how spot and futures differ, how copy trading and bots work — and whether BingX is available in your region. Includes video breakdowns and step-by-step guides.

Author: Aziz Aliyev Updated: June 17, 2026 Video breakdowns inside Read time: ~15 min
TL;DR: what is BingX and is it worth it BingX is a centralized crypto exchange offering spot trading, perpetual futures, copy trading, bots, and access to traditional markets via TradFi (stocks, gold, oil, Forex). Registration takes a couple of minutes; KYC verification is required for large withdrawals and fiat operations. Base fees: spot 0.1%, futures 0.02% / 0.05% (maker/taker). Suitable for both beginners and experienced traders; available for crypto operations in most regions. Via the referral link (code Azizaliev) — a lifetime fee discount of up to 25%.

BingX video breakdowns

The review contains three original videos — each in its own section: trading traditional markets (stocks, gold, oil, Forex) via TradFi, as well as launching and configuring trading bots.

🎁 When signing up via the referral link (code Azizaliev) — a lifetime fee discount of up to 25%, cashback, and welcome bonuses for new users.

📥 Video not playing or want to watch offline?

Any of the videos can be downloaded via the Telegram bot @OmniVid_bot — just send it the link to the video you need. Handy if the player won't load or you want to rewatch without an internet connection.

Table of contents

  1. What is BingX
  2. Features and advantages
  3. Trading instruments
  4. Exchange rankings
  5. Sponsorships and partnerships
  6. Pros and cons of BingX
  7. Registration and account
  8. KYC verification
  9. Depositing funds
  10. How to buy crypto
  11. Withdrawing funds
  12. Trading types
  13. What suits you
  14. Spot account
  15. BingX futures
  16. TradFi: stocks, gold, Forex
  17. Bots and copy trading
  18. Grid bot calculator
  19. App and interface
  20. TradingView
  21. Fees
  22. BingX in Russia
  23. Security
  24. Reserves (Proof of Reserves)
  25. Comparison with exchanges
  26. Top 3 alternatives
  27. Mistakes to avoid
  28. Readiness checklist
  29. Why choose BingX
  30. Promo code and ref code
  31. How to get a bonus
  32. Bonus up to $100
  33. Quiz
  34. Glossary
  35. FAQ
  36. Summary

What is BingX in plain language

BingX is a centralized cryptocurrency exchange where you can buy and sell crypto, trade with leverage on futures, automatically copy trades of experienced traders, and run trading bots. The platform operates in most countries worldwide, supports multiple languages, and offers both mobile apps and a web version.

Core features

Available markets

BingX offers a spot market (hundreds of coins), perpetual and some delivery futures, and social trading tools. Charts and analysis are powered by TradingView, so the interface will feel familiar to anyone who has used that service before.

The exact set of markets, coins, and services depends on your region and verification level. Check the app or bingx.com for the current list.

BingX by the numbers

A quick look at the platform's scale — based on exchange data and public sources:

est. 2018
founded
10M+
users
160+
countries
800+
cryptocurrencies
900+
trading pairs
24/7
TradFi markets
🎁 Fee discount up to 25% via referral linkcode Azizaliev · cashback and welcome bonuses for new users Sign up on BingX →

Figures are approximate and change over time — check current stats on bingx.com and independent aggregators.

Core features and advantages of BingX

Below is what the exchange offers and why traders choose it — a summary of the key areas to quickly decide whether the platform is right for you.

What you can do

  • Spot — buy and sell coins without leverage.
  • Perpetual futures — leveraged trading, long and short.
  • TradFi — stocks, gold, oil, indices, and Forex from your USDT balance.
  • Copy trading — replicate trades of experienced traders.
  • Bots — Grid, DCA, and AI strategies.
  • Demo account — practice at zero risk.

Why traders choose it

  • Localized interface and mobile apps.
  • Competitive futures fees and VIP discounts.
  • Powerful copy trading and built-in bots — no third-party services needed.
  • TradingView-powered charts right inside the terminal.
  • Multiple deposit/withdrawal methods, including P2P.
  • Access to crypto and traditional markets in one wallet.

What trading instruments are available on BingX

BingX offers a wide selection of assets — enough for both beginners and experienced traders. Crypto and traditional markets are all in one wallet under a single USDT balance.

CategoryWhat is available
Cryptocurrenciesover 800 coins and over 900 trading pairs on spot and futures markets
Futuresperpetual and delivery contracts with leverage
Stocks and indices (TradFi)tokenized stocks (Apple, Tesla, Nvidia), indices S&P 500, Nasdaq, Dow Jones
Commodities and metalsgold, silver, oil, copper, aluminum, and other commodities
Forexcurrency pairs — EUR/USD, GBP/USD, USD/JPY, and others

The exact list of coins, pairs, and markets varies by region and is updated periodically — check the app or the exchange website for the current list.

BingX's position in global exchange rankings

To gauge the platform's scale, it's useful to consult independent aggregators — such as CoinMarketCap and CoinGecko, which rank exchanges by trading volume and liquidity. BingX consistently holds a place near the top of these lists.

MarketBingX ranking among global exchanges
Futures (derivatives)ranked in the top 10
Spotranked in the top 15

Rankings change daily with trading volumes — check current positions on CoinMarketCap. A high ranking signals liquidity and turnover, but does not replace personal due diligence when trading.

BingX sponsorships and partnerships

An indirect but meaningful signal of the exchange's scale is the major sporting contracts BingX signs under its own brand:

Sponsorship deals reflect a company's public profile and scale, but do not in themselves guarantee the profitability of your trading. Base decisions on your own analysis.

Pros and cons of BingX

A quick summary to help you decide if the exchange is right for you. BingX reviews are generally positive on copy trading and ease of use; criticism focuses on regional restrictions and some verification friction.

✅ Pros

  • Copy trading — strong social trading, beginner-friendly.
  • Bots — Grid, DCA, and AI built into the exchange, no third-party services needed.
  • Low futures fees — from 0.02% / 0.05% maker/taker.
  • Demo account and TradingView — practice and familiar charts.
  • Localized interface and multiple fiat deposit options.

⚠️ Cons

  • Regional restrictions — some services are unavailable in certain countries.
  • KYC for withdrawals/fiat — without verification, limits and fiat access are restricted.
  • Futures risk — leverage can quickly wipe out a beginner's deposit.
  • Support — response times can be inconsistent.

Registration and account creation on BingX

Signing up on BingX takes just a couple of minutes using your email or phone number — no passport required at this stage; KYC verification is done later and separately. After registration you land in your account, where you have access to the wallet, trading, and security settings.

1

Sign up

Open BingX via the referral link (or the app), click "Sign up", enter your email or phone number and create a password. Confirm your email/number with the code. If you have a referral code, enter it at this step.

2

Log into your account

Sign in with your credentials. Your account is the section where you find your balances (wallet), transaction history, spot and futures trading terminals, and settings.

3

Account security

Immediately enable two-factor authentication (2FA), set an anti-phishing code, and verify your linked email address. This reduces the risk of hacking and theft of funds.

Only register on the official domain bingx.com — phishing copies steal passwords. Always check the address in your browser bar.

KYC verification on BingX: is it required and how to complete it

Short answer: basic crypto-to-crypto functionality is available without verification, but KYC is required for large withdrawals, fiat operations (card, bank transfer), and lifting account limits. It is an identity confirmation by document.

Verification levels and limits

LevelWhat you needWhat it unlocksWithdrawal limit
No KYCCrypto-to-crypto trading, basic features≈ up to 20,000 USDT / 24 h
BasicFull name, date of birth, government ID number (no photo)All trading products, partial fiat≈ up to 20,000 USDT / 24 h
AdvancedDocument photo + selfieDeposit limits removed, full fiat, launchpad≈ up to 5,000,000 USDT / 24 h

Limits and requirements vary by region and are subject to change — check exact figures in the "Identity Verification" section of your BingX account. Data current as of June 2026.

How to complete and transfer verification

Go to your profile → "Identity Verification", select a level, upload your document and take a selfie following the instructions. Verification usually takes from a few minutes to one business day. You cannot "transfer verification" between accounts in a literal sense — one verified account is registered per set of documents; if you're switching devices, simply log in to your existing account — KYC status is tied to the account, not the device.

How to fund your BingX account

You can fund BingX in three ways: by transferring cryptocurrency, by buying crypto with fiat (card/bank), and via the P2P marketplace. The best choice depends on whether you already hold cryptocurrency and whether fiat methods are available in your region.

Funding with local fiat currency usually goes through P2P or card providers and depends on your region and applicable sanctions restrictions — check availability in your account dashboard.

How to buy cryptocurrency on BingX

If you don't yet hold any crypto, you can buy it on BingX with regular money through several routes — the right choice depends on your region and available payment methods.

1

Card or instant payment

Use the "Buy Crypto" section — pay with a bank card or a local payment method via the built-in provider. Advanced verification is usually required.

2

P2P marketplace

Buy directly from other users, often with support for local payment methods. The trade is protected by escrow: coins are transferred only after payment is confirmed.

3

Convert (quick swap)

If you already have one asset in your account, instantly swap it for the coin you need — no order book, no spread.

Availability of fiat methods and the list of supported currencies depend on your region and applicable sanctions restrictions — check your account dashboard on bingx.com.

How to withdraw funds from BingX

Withdrawals from BingX are made via "Wallet" → "Withdraw". Most users withdraw in cryptocurrency to an external wallet or another exchange; fiat withdrawal (to a card/bank) depends on region and requires verification.

1

Select asset and network

Choose the coin (e.g., USDT) and the withdrawal network. The network on the sender's side must match the recipient's side.

2

Address and amount

Paste the recipient wallet address and enter the amount. Double-check the address — crypto transfers are irreversible.

3

Confirmation

Confirm the withdrawal via 2FA / email code. Funds arrive after the required number of network confirmations.

Fees, limits, and common mistakes

Ways to withdraw funds from BingX

There are several ways to withdraw from BingX — the right choice depends on whether you need crypto or fiat, and where the transfer is going.

How to deposit and withdraw to a crypto wallet — step by step

1

Deposit

On BingX, open "Deposit", select the coin and network, copy the address (or scan the QR code). Send funds from your wallet using exactly the same network — your balance will be credited after confirmations.

2

Withdraw to wallet

"Wallet" → "Withdraw" → select the coin and the same network as the recipient. Paste the wallet address, enter the amount, and add memo/tag if required.

3

Confirmation

Confirm with 2FA and your email code. Funds will be sent after the exchange's review and network confirmations.

How to withdraw to another exchange

The process is the same as withdrawing to a wallet, except you get the address from the "Deposit" section of the receiving exchange. Keep three rules in mind:

1. Coin and network must match If you're withdrawing USDT via TRC20, the address on the receiving exchange must also be TRC20. A network mismatch can result in lost funds.

What to check before withdrawing from BingX

Why a deposit or withdrawal may be delayed

Sometimes a transfer takes longer than usual. In most cases the cause is not "stuck funds" but one of the following understandable factors:

Withdrawal fees and processing times

The withdrawal fee is determined by the chosen blockchain network, not by the exchange: the "more expensive" the network, the higher the fixed fee. Arrival time equals network confirmations plus a brief check on BingX's side.

NetworkWithdrawal feeProcessing time
USDT · TRC20low (fixed)usually minutes
USDT · BEP20low (fixed)usually minutes
USDT · ERC20higher (depends on Ethereum gas)minutes to tens of minutes
BTCBitcoin network fee≈ 10–60 minutes

The exact fee is shown in the withdrawal window before you confirm. Internal transfers between BingX accounts are usually instant and fee-free. Check current values on bingx.com.

Trading modes on BingX

BingX offers several ways to trade — from simply buying coins to automatically copy-trading other traders. Beginners should start with spot trading and move to futures only after gaining experience.

ModeWhat it isBest suited for
SpotBuy/sell coins without leverageBeginners, long-term holders
FuturesLeveraged trading, long and shortExperienced traders, speculation
Copy tradingAuto-copy trades of other tradersThose who prefer not to trade manually
P2PDirect trades between usersFiat on/off ramp

Finder: where to start on BingX for you

Answer three questions and we'll suggest the right trading format on BingX and where to begin. This is a guide, not investment advice.

This finder is for informational purposes only. All trading carries risk; start with a demo account and small amounts.

Spot account on BingX

Spot trading means buying cryptocurrency "as is": you pay and own the coin outright, with no leverage and no liquidation risk. The worst-case scenario is a drop in the coin's price — your deposit cannot go to zero due to borrowed funds.

How to open a spot account

There's no need to "open" a spot account separately — a spot wallet is created automatically upon registration. To get started: fund your spot wallet, open the "Spot" section, choose a trading pair (e.g., BTC/USDT) and place an order — market (at current price) or limit (at a set price).

BingX futures: leverage, perpetual contracts, liquidation

BingX futures are primarily perpetual contracts with leverage. You can open longs (betting on price growth) and shorts (betting on a decline), and the exchange adds borrowed funds on top of your margin. Leverage amplifies both profits and losses, so the key risk is liquidation.

💡 Not fully clear on leverage, liquidation, margin, and funding? We break it all down in plain language in a dedicated video breakdown: "Crypto futures explained simply — how not to blow up your account even with 50–100x leverage".

How to open a futures account

In the "Futures" section, confirm the opening of a derivatives account (a short quiz is sometimes required), transfer funds from spot to your futures wallet, and configure your margin mode (isolated/cross) and leverage before opening a position.

Risk warning Leveraged futures are a high-risk instrument. At 100x leverage, a move of just 1% against you wipes out your entire margin. Never risk more than you can afford to lose. This content is informational and does not constitute investment advice.

TradFi on BingX: stocks, gold, oil, indices and Forex

TradFi is a BingX feature that gives you access to traditional markets directly from your crypto wallet: tokenized stocks (Apple, Tesla, Nvidia), gold, silver, oil, metals, stock indices (S&P 500, Nasdaq, Dow Jones) and Forex currency pairs. No separate broker or lengthy paperwork needed — everything trades from a single USDT balance, and many instruments are available around the clock, 24/7.

You can find TradFi under the "Futures" tab → TradFi. The interface is the same as for crypto: candlestick charts, long and short, isolated or cross margin, leverage, and order types (limit, market, trigger). For beginners: use isolated margin, low leverage, and always set a stop-loss.

🎁 Promotion: 0% fees on TradFi (until July 31, 2026) BingX has temporarily waived maker and taker fees on perpetual TradFi futures and TradFi copy trading — over 50 assets, from April 13 to July 31, 2026. Check terms and dates on bingx.com.

Trading stocks, gold, oil, indices and Forex on BingX (TradFi)

Video preview: Trading stocks, gold, oil, indices and Forex on BingX (TradFi)
Trading stocks, gold, oil, indices and Forex on BingX (TradFi)
Quick answer from the videoThrough TradFi on BingX you can trade tokenized stocks (Apple, Tesla, Nvidia), gold, oil, metals, indices (S&P 500, Nasdaq) and Forex pairs — directly from your USDT balance, with no separate broker. Many instruments trade 24/7. For beginners, the author recommends isolated margin and low leverage, and setting take-profit and stop-loss right away.
All these markets — on BingX

TradFi and a single USDT balance — on the BingX exchange from the video.

🎁 By registering through this link you automatically receive a lifetime discount of up to 25% on trading fees, cashback, and welcome bonuses for new users.

⚡ Sign up on BingX (code Azizaliev)

Author's referral link. This content is for informational purposes only and does not constitute investment advice.

Trading Bots and Copy Trading on BingX

BingX isn't just for manual trading: it offers trading bots and copy trading — a way to earn from market swings without being glued to your screen. But this is no "money button": every bot has its own risks.

Bot Types and Setup Complexity

BotWhat it doesRiskComplexity
Spot GridBuys low and sells high within a range; you own the coinLowSimple
Spot Grid InfinityInfinite grid: keeps buying the coin above a min price, never misses an uptrendLow–MediumSimple
Futures GridGrid with leverage (neutral/long/short); has a liquidation priceMedium–HighModerate
DCA BotAverages into a position by levels or scheduleMediumModerate
Futures MartingaleScales up position against price movement — the most dangerousHighComplex
Copy TradingAuto-copies trades of a chosen traderDepends on traderSimple

Beginners should start with the Spot Grid on a familiar coin (BTC, ETH). Futures bots and Martingale require understanding leverage and liquidation. Test on demo or with small amounts first.

Spot Grid Infinity (Infinite Grid)

The Infinity Spot Grid is a distinct type of grid trading. Unlike a standard grid with upper and lower boundaries, here you only set a minimum price: above it the bot continuously buys the coin and locks in profit on the way up, so it never "hits a ceiling" and never misses a strong trend. Ideal for coins you're happy to hold long-term (e.g. BTC, ETH).

Copy Trading

Copy trading (social trading) automatically mirrors the trades of a chosen trader: you allocate a sum and the system copies entries and exits proportionally. Always evaluate a trader's drawdown history, not just their returns.

All BingX Grid Bots (2026): Step-by-Step Guide

Video preview: All BingX Grid Bots (2026): Step-by-Step Guide
All BingX Grid Bots (2026): Step-by-Step Guide
Quick takeaway from the videoBingX offers several grid bots: futures grid (neutral, long, short), spot grid, and the infinite Infinity grid. Spot is safer — you own the coin; futures works with leverage and has a liquidation price. Futures Martingale is the riskiest — beginners don't need it. Always set a stop-loss.

Futures Bot on BingX — Step by Step for Beginners

Video preview: Futures Bot on BingX — Step by Step for Beginners
Futures Bot on BingX — Step by Step for Beginners
Quick takeaway from the videoTo launch a futures grid bot: choose a neutral strategy, set the range from the chart (manual mode), leverage 3–5×, and the amount. Fewer grids = higher profit per move; the smaller the portion of your deposit you put in, the farther away the liquidation price.
The strategy and bots run on BingX

All bots from the videos — futures grid, spot grid, Infinity, copy trading — are available on BingX.

🎁 When you sign up through this link you automatically get a lifetime discount of up to 25% on trading fees, cashback, and welcome bonuses for new users.

⚡ Sign up on BingX (code Azizaliev)

Author's referral link. This content is for informational purposes only and does not constitute investment advice.

BingX Grid Bot Calculator

Estimate your grid bot parameters: the step between grids, approximate profit per trigger (before fees), and a rough liquidation price for a long. This is an illustrative estimate, not a guarantee of returns.

Grid step
Profit per grid (before fees)
Trades for full range sweep
Rough liquidation price (long)

Simplified model: actual profit and liquidation depend on fees, funding, grid type, and volatility. Exact figures are shown by the bot itself when you create it on BingX. Profit is not guaranteed.

Additional BingX Services

Beyond trading, the platform offers tools to earn on held assets and stay on top of new opportunities.

BingX App for Android and iOS, Interface Usability

You can trade on BingX from your computer (web version) or your smartphone. The exchange has full-featured mobile apps with the same functionality: spot, futures, TradFi, copy trading, bots, deposits and withdrawals, and a Rewards Center.

Interface Usability and Simplicity

The BingX interface is designed for both beginners and pros: multiple languages, dark and light themes, TradingView-powered charts right inside the terminal, a demo mode for practice, and in-app hints. Basic actions — depositing, buying, opening a trade — are laid out in a few clear steps, while advanced order types (limit, market, trigger, stop) are there for those who need more control.

BingX and TradingView

BingX charts are powered by TradingView directly inside the exchange interface: indicators, drawing tools, and timeframes are available without a separate subscription. It's great for technical analysis and familiar to anyone who has used TradingView before. Trading is executed in the BingX terminal, while the chart helps you make decisions.

Live TradingView-powered chart (BTC/USDT shown as an example). The same toolset is available in the BingX terminal.

BingX Fees

BingX uses a maker/taker model: the maker (a limit order that adds liquidity) pays less, while the taker (a market order that removes liquidity) pays more. Fees decrease as your VIP level rises (based on volume/balance).

MarketMakerTaker
Spot (base)0.1%0.1%
Futures (base)0.02%0.05%
High VIPdown to ~0.014% / 0%down to ~0.028–0.04%

Base rates as of June 2026 (verified against bingx.com). Additional costs: withdrawal fees (depend on the network) and funding on futures. Current promotion: 0% fees on TradFi futures and copy trading until 31.07.2026 (50+ assets). For up-to-date rates, see the BingX fees page.

Fee and Savings Calculator

Calculate your trade fee and how much you'll save with the lifetime −25% discount via the referral link.

Fee (base)
With −25% discount
Savings
Annual savings (at this monthly volume)

Base rates (spot 0.1%; futures 0.02%/0.05%) — as of June 2026, verify at bingx.com. The 25% discount applies via the referral link (code Azizaliev).

Does BingX Work in Russia

Short answer: for crypto operations (trading, crypto deposits/withdrawals) BingX is generally accessible to users from Russia, including with a Russian-language interface. However, some fiat services and certain features may be restricted due to international sanctions and regulatory requirements.

This is not legal advice. Before using the service, verify current availability and local legal requirements at bingx.com and official sources. Compliance with applicable laws is the user's responsibility.

BingX Security: How Your Funds Are Protected

Before depositing money on any exchange, it's worth understanding how it protects assets. BingX uses several layers of protection:

No exchange replaces personal security hygiene: use a unique password, enable 2FA, only visit bingx.com, and watch out for phishing links. For current security measures, see the security section on the exchange's website.

Reserves and Fund Protection: Proof of Reserves

Beyond technical measures, trust in an exchange is backed by reserve transparency. BingX publishes a Proof of Reserves — evidence that user assets are fully covered by the exchange's actual funds, with a reserve ratio maintained at 100% or above. In plain terms: for every dollar in your account, there is a corresponding asset held in reserve.

🔒 Check reserves in real time
  • Full list of assets and the current reserve ratio for each.
  • Merkle-tree mechanism — verify that your balance is included in the reserves.
  • Data is updated on the exchange's side, so it's always current.
View BingX live reserves →

We intentionally do not embed the reserves page here: its data loads directly on the exchange's official website in real time, while our page stays light and fast. Ratios and the asset list may change — check the primary source.

BingX vs Other Exchanges

A quick look at how BingX stacks up against popular exchanges. Competitors' figures change too — always verify before choosing.

ExchangeFutures maker/takerCopy tradingBots
BingX0.02% / 0.05%Yes (strong)Grid, DCA, AI
Bybit0.02% / 0.055%YesYes
Binance0.02% / 0.05%YesYes
Bitget0.02% / 0.06%Yes (strong)Yes
Bitunixvaries /PartialYes

Comparison based on publicly available data as of June 2026, for reference only. Exact fees and terms — on each exchange's own website.

Top 3 BingX Alternatives

If you want to compare terms or spread funds across platforms, here are three trusted alternatives — with the author's affiliate links and codes (discounted fees and bonuses apply).

ExchangeWhy it stands outRef code
WeexClean interface, bonuses for newcomers, futures and copy trading.xbyf
Bitunix"Multi-trading" feature (separate positions) for hedging strategies.aliev
BitgetOne of the leaders in copy trading, wide selection of instruments and bots.qzfj

Affiliate links. Bonus and discount amounts are set by the exchanges based on current promotions. Cryptocurrency is a risky asset; this content is for informational purposes only.

Mistakes to Avoid on BingX

Most beginner losses come not from the exchange itself but from the same recurring mistakes. Here's what you definitely should not do:

Checklist: Are You Ready for Your First Trade on BingX

Check off the items you've already completed. Once you've ticked everything — you'll see the green light and can start trading with confidence.

Ask about BingX

Ask a question about the BingX exchange — registration, verification, withdrawals, fees, trading. The chips below are the most common questions.

Quiz: how ready are you to trade on BingX?

7 questions on BingX basics and trading. Shows what you should study before making real trades.

Registration on BingX

Ready to try BingX?

If the quiz showed you're ready — start with registration via the referral link (code Azizaliev). 🎁 Get a lifetime discount on trading fees up to 25%, cashback and welcome bonuses for new users. Practice on demo, only risk what you can afford to lose.

⚡ Sign up on BingX (code Azizaliev)

Author's referral link. This content is for informational purposes only and does not constitute investment advice.

BingX glossary in plain language

Short definitions of key terms you'll encounter when trading on BingX — to help beginners get up to speed.

Spot
Buying and selling the actual cryptocurrency without leverage: you own the coin, and your deposit cannot be wiped out by liquidation.
Futures (perpetual)
Contracts on an asset's price with leverage and no expiration date (perpetual); let you profit from price rises (long) and falls (short).
Leverage
A position multiplier: with 10× leverage you control an amount 10 times your deposit — both profit and risk grow proportionally.
Liquidation
Forced closure of a position by the exchange when the loss consumes the collateral (margin).
Margin (isolated and cross)
Collateral backing a position. Isolated margin risks only the allocated amount; cross margin risks the entire account balance.
Funding
A periodic payment between longs and shorts on perpetual futures, keeping the contract price close to the spot price.
KYC
Identity verification by documents; required for large withdrawals, fiat operations and lifting account limits.
P2P
Direct peer-to-peer trades with escrow protection — convenient for depositing and withdrawing fiat.
Maker and taker
A maker adds liquidity with a limit order (lower fee); a taker takes it with a market order (higher fee).
Copy trading
Automatically copying the trades of a chosen trader on your own account.
Grid bot (grid trading)
A bot that automatically buys lower and sells higher within a set price range.
TradFi
A feature giving access to traditional markets (stocks, indices, metals, commodities, Forex) directly from your crypto balance.

Frequently asked questions about BingX

What is BingX?
BingX is a centralised cryptocurrency exchange where you can buy and sell crypto on spot, trade perpetual futures with leverage, copy-trade other traders and run trading bots. It supports multiple languages, a web version and mobile apps.
Is BingX a safe and legitimate exchange?
BingX is a large international platform with millions of users. As with any exchange, your own security practices matter: enable 2FA, keep your password safe, and only log in at bingx.com. Crypto is a risky asset, and leveraged trading is especially so.
Is KYC verification required on BingX?
Basic crypto-to-crypto functions are often available without KYC, but for large withdrawals, fiat operations (card, bank) and lifting account limits, verification is required. There are Basic (name + date + ID number) and Advanced (document photo + selfie) levels.
How do I complete KYC on BingX?
Profile › "Identity Verification" › select a level › upload your document and take a selfie as instructed. Verification typically takes anywhere from a few minutes to a day.
How do I register on BingX?
Open BingX or the app, click "Sign Up", enter your email or phone number, set a password, confirm the code. Then enable 2FA. No passport is required at this step.
How do I fund my BingX account?
Three ways: by crypto transfer (fast and cheap — just make sure you pick the right network), by buying with fiat via card or bank, or via P2P from other users. Fiat method availability depends on your region.
Can I deposit to BingX in local currency?
Usually yes — via P2P or card providers, but availability depends on your region and applicable restrictions. Check the available methods in your account.
How do I withdraw funds from BingX?
Wallet › "Withdraw" › choose a coin and network › enter the address and amount › confirm via 2FA. Crypto withdrawals are the most common; fiat withdrawal depends on your region and KYC level. Always double-check the address and network — transfers are irreversible.
What are the fees on BingX?
Maker/taker model. Base rates: spot ~0.1%/0.1%, futures ~0.02%/0.05% (maker/taker); fees decrease as your VIP level rises. Plus a withdrawal fee (depends on the network) and funding on futures.
How do I open a spot account on BingX?
No separate opening required — a spot wallet is created automatically at registration. Fund it, go to the "Spot" section, select a pair (e.g. BTC/USDT) and place a market or limit order.
How do I open a futures account on BingX?
In the "Futures" section, confirm the opening of a derivatives account (a short quiz may be required), transfer funds from spot to the futures wallet, then choose your margin mode and leverage before opening a position.
What are perpetual futures on BingX?
These are futures contracts with no expiration date; the price stays close to spot via funding — a periodic payment between longs and shorts. They account for the bulk of futures trading volume.
Is there a demo account on BingX?
Yes. The demo account works just like a real one but uses virtual funds — great for practising futures and bots without any risk.
How do I connect TradingView to BingX?
BingX charts already run on the TradingView engine inside the interface — indicators and tools are available without a separate subscription. Trades are executed within the BingX terminal.
What is copy trading on BingX?
It's the automatic copying of a chosen trader's trades: you allocate an amount and the system mirrors their entries and exits. Evaluate not just the trader's returns, but also their drawdown.
What bots are available on BingX?
Grid (buys lower, sells higher within a range), DCA (dollar-cost averaging) and AI/pre-built strategies. Bots don't guarantee profit: in a strong trend a grid bot can go into loss.
Does BingX work in Russia?
For crypto operations the exchange is generally accessible to users from Russia, with Russian language support. Some fiat services may be restricted due to sanctions and regulations. Check the current availability at bingx.com. This is not legal advice.
Can you actually make money on BingX?
People profit from price rises and falls (spot, futures), copy trading and bots. But it's not guaranteed income: the majority of beginners lose money on leveraged futures. Start with spot and small amounts, and learn risk management first.
What is the BingX referral programme?
You invite friends via your link and receive a share of their fees or bonuses. The reward amount depends on the programme's terms.
What are BingX vouchers and bonuses?
These are welcome and trading bonuses (e.g. on fees or futures) that are activated in the bonuses/rewards section. Terms change frequently — check current promotions.
How do I find new coin listings on BingX?
New coins are announced in the announcements/listings sections and are often accompanied by promotions. Be careful: new listings are highly volatile.
How does BingX differ from Bybit and Binance?
BingX focuses on copy trading and beginner-friendliness; futures fees are comparable (~0.02%/0.05%). Binance has the greatest liquidity, Bybit is strong in derivatives. The choice depends on your goals and which services are available in your region.
Is there a promo code or referral code for BingX?
Yes. The author's current referral code is Azizaliev. Enter it in the "Referral code" field when registering, or use the referral link — the code will be applied automatically. It gives a lifetime fee discount of up to 25%, cashback and welcome bonuses.
BingX or Bybit — which should a beginner choose?
Both are reliable exchanges. BingX stands out for copy trading, TradFi access (stocks, gold, Forex) and beginner-friendliness; Bybit excels in derivatives market depth. The choice depends on your goals and service availability in your region. Futures fees are comparable.
How much do I need to start, and what is the minimum deposit on BingX?
Technically you can trade crypto-to-crypto with a small amount (around $10), but for proper risk management $100–200 is more comfortable. Practice on the free demo account before committing real money.
Can I withdraw funds from BingX to a card?
Crypto withdrawals are always available. Withdrawing to a card or bank account (fiat) goes via P2P or a payment provider and depends on your region and KYC verification level.
Is it safe to store funds on BingX?
The exchange uses cold storage, 2FA, an insurance fund and publishes Proof of Reserves. But the golden rule of crypto still applies: don't keep more on the exchange than you're willing to risk, and store large amounts in your own wallet.
What is the deposit fee on BingX?
Crypto deposits are usually fee-free on the exchange's side — you only pay the blockchain network fee. When buying with fiat (card), the payment provider charges a fee; the amount depends on the method and region.
How do I contact BingX support?
Via live chat in the app and on the website, as well as the help centre. Be careful: real support never messages you first or asks for a password or codes — that's a sign of a scam.
Which is better for a beginner on BingX — spot or futures?
Start with spot: you own the coin, and your deposit can't be wiped out by liquidation. Move to leveraged futures later, after practising on demo and mastering risk management.

Why choose BingX

In short: BingX combines crypto and traditional markets in one wallet, focuses on copy trading and bots, and stays beginner-friendly throughout. The main reasons to choose it:

Get started on BingX via referral link

Registration takes a couple of minutes. Code Azizaliev gives a lifetime fee discount of up to 25%, cashback and welcome bonuses.

⚡ Register on BingX (code Azizaliev)

🎁 Via referral link (code Azizaliev) — lifetime fee discount up to 25%, cashback and welcome bonuses. Affiliate link; content is informational, not investment advice.

BingX promo code and referral code

Before registering, many people search for a "BingX promo code" or "BingX referral code" — and rightly so: without a code the fee discount and welcome bonuses won't be activated. The author's current referral code is Azizaliev.

How to apply: paste the code Azizaliev in the "Referral code" field when registering — or simply use the referral link and the code will be applied automatically.

⚡ Register with code Azizaliev Referral code: Azizaliev

The discount and bonus amounts are set by the exchange per current promotion; affiliate link. Content is informational, not investment advice.

How to claim your BingX bonus

Welcome bonuses and vouchers are not available to everyone — only to those who sign up the right way. Here's the order:

1

Become a referral

Sign up via my referral link with code Azizaliev — without it, bonuses and the fee discount will not be activated.

2

First futures trade

Complete verification, fund your account, and make your first futures trade — this is the condition for rewards to be credited.

3

Claim in the Rewards Center

Go to the Rewards Center section and activate the available bonuses and vouchers.

Claim bonuses for your first trade

Sign up via the referral link, make your first futures trade, and claim rewards in the Rewards Center.

⚡ Sign up on BingX (code Azizaliev)

🎁 Via referral link (code Azizaliev) — a lifetime fee discount of up to 25%, cashback and welcome bonuses. This is an affiliate link; content is informational, not investment advice.

The composition and terms of bonuses are determined by BingX based on the current promotion — see the exact terms on the registration page and in the Rewards Center.

⚡ Get started on BingX — the exchange from the video

Claim a bonus up to $100 for your first trade

Sign up on BingX via the referral link (code Azizaliev) — get a lifetime fee discount of up to 25%, cashback, and welcome bonuses for beginners. This is the very exchange featured in all review videos — TradFi and trading bots.

1
Sign upVia the link with code Azizaliev — free and takes just a couple of minutes.
2
DepositMake a deposit — even a small amount is enough to get started.
3
Bonus & startActivate bonuses and trade with reduced fees.
⚡ Claim bonus on BingX Referral code: Azizaliev

The size and terms of bonuses and discounts are determined by BingX based on the current promotion — see the exact terms on the registration page. This is an affiliate link. Trading cryptocurrency and leveraged futures carries the risk of losing funds; this content is informational and does not constitute individual investment advice.

Summary and verdict on BingX

4,4/ 5★★★★☆
Ease of use & interface4.6
Range of instruments4.7
Fees4.3
Security & reserves4.2
Support4.0

The author's editorial rating based on a combination of factors as of June 2026. This is a subjective opinion, not a guarantee of results; cryptocurrency is a high-risk asset.

⚡ Open BingX (official website)

Read also

About the author

Aziz Aliev — active trader

Aziz Aliev

Active crypto and futures trader. Shares exchange reviews, risk management insights, and trading psychology. Runs two Telegram channels — on crypto and forex — a calculator bot for traders, and a YouTube channel @alievtrade with breakdowns and real trades.

Risk disclaimer Cryptocurrency is a high-risk asset, and trading leveraged futures can result in the loss of your entire deposit within minutes. The materials on this page are informational in nature and do not constitute individual investment advice. Make your own decisions after conducting your own analysis. The availability of BingX services and legal requirements depend on your jurisdiction — check local regulations.

Video transcripts

Text transcriptions of the videos — to find a specific moment or quote. Edited from auto-generated subtitles.

Trading stocks, gold and Forex on BingX (TradFi) — transcript

[00:00]What if I told you that right now, with just $10, you can start trading Apple and Tesla stocks, buy gold, oil, aluminum, silver, or enter the Forex market — and you don't need to register with foreign brokers or send them piles of documents. All these markets are now available right inside your crypto wallet. This feature is called TradFi, and today I'll explain and show you, step by step, how to profit from it.

[00:29]What is TradFi? Simply put — it's a bridge between the world of crypto and traditional finance. Through it you can trade tokenized shares of major corporations, exchange-traded funds, gold, oil, precious metals, and currency pairs. I'm showing everything on the BingX platform — if you haven't registered yet, the link is in the description (it gives you a reduced commission and activity bonuses).

[01:19]After registering, hover over the "Futures" tab and select TradFi from the dropdown menu. You can click directly on the instrument you need (gold, silver, oil, S&P indexes, Nasdaq), or click the TradFi button and open the terminal chart. Everything is familiar, just like in crypto: the same candles, bars, and the position-opening panel — long and short. If you don't know how to open long and short positions, I have a detailed free guide (link in the description).

[02:17]The most important thing on this page is the instrument you're trading. In the example it's gold, and the price is pegged to real gold. The "All" tab shows everything available: gold, silver, oil, stocks. By category: under "Commodities" — copper, cocoa beans, aluminum, and more. The Forex tab has currency pairs (EUR/USD, GBP/USD, USD/JPY). There are also S&P 500, Dow Jones, Nasdaq indexes and Apple, Amazon, Nvidia stocks.

[03:28]An important advantage is trading hours. Many instruments trade 24/7, unlike brokerage accounts where markets operate 5 days a week. For example, gold here trades around the clock because you're trading tokenized instruments; while classic Forex closes on Fridays.

[04:07]Next — the trading mode in settings. On traditional markets you can trade in one-way mode (long only or short only) or in hedge mode, where both a long and a short are open simultaneously. To enable it, click the gear icon → "Position Mode." In the example, hedge mode is selected.

[04:53]Next — leverage and margin type. With isolated margin you only risk the amount allocated to the position. With cross margin — your entire account balance. I recommend isolated margin for beginners to limit losses. Select isolated → "Apply."

[05:58]Leverage is a multiplier applied to your deposit. With a $100 deposit and 10× leverage you control a $1,000 position: $900 borrowed from the exchange, $100 is yours. Leverage lets you earn more on small price moves: on a +5% move without leverage you'd earn $5 on $100, while with 10× leverage — around $50. But the risk is higher too. I don't recommend going above 2–3×; in the example it's 10×. In hedge mode, set the same leverage for both long and short.

[07:55]Order type: limit, market, or trigger. Limit — buy/sell at a pre-set price (lower commission). Market — entry at the current best price. Trigger — conditional entry (breakout or bounce off a level). I'll show beginners on the market order.

[09:51]Opening the first position on S&P 500. We set the order value — for example, $10; that's the maximum you can lose with isolated margin. With 10× leverage you're effectively trading $100; "margin" is how much of your real funds are in the trade. We can see the expected liquidation price for long and short: if the price moves against you by roughly 9–10% the position is liquidated and you lose $10; if it moves in your favor by 8% with 10× leverage the profit is about +80%.

[12:03]I open a long with a market order → "Apply." The trade is open. I hovered over the position panel — set a take-profit (where the trade closes in profit, in the example around +72%) and a stop-loss (where the exchange closes at a loss; I set it so the maximum loss is about 28%, not the entire amount). That's how we opened our first S&P 500 position and capped the risk.

[13:49]You can close a position early using the "Close Position" button (partially or fully) or "Quick Close." You can see the position value, current profit (in percentage and dollars), and the liquidation price. With cross margin the exchange would pull margin from the entire account to avoid liquidation — that's for experienced traders who know how to calculate risk.

[14:52]Why would a crypto trader need stocks, gold, Forex, and indexes? The market is cyclical — money flows from one asset to another. Often Bitcoin and altcoins are in a flat, while gold, oil, or stocks produce strong trends (think of the gold rally and Nvidia stock gains). A trader's job is to find movement, not to sit in a single market. The more markets you understand, the less dependent you are on crypto and the easier it is to find trades — especially when the market reacts to the Fed rate, inflation, and earnings reports.

[16:11]The key takeaway: being a trader is no longer just about crypto — it's about the ability to profit on any market where volatility exists.

[16:43]You can trade not only manually but also through bots: the exchange lets you build a grid bot that places orders both long and short and profits from price swings within a set range. You define the upper and lower boundaries, and as long as the price stays inside, buy and sell trades keep firing.

[18:23]Why is BingX more convenient than a traditional broker? Brokers come with sanctions, restrictions, complicated registration, slow transfers, and bureaucracy, and withdrawals often go through P2P. In crypto everything is fast and in one place: a single USDT balance through which you trade crypto, stocks, and Forex, without switching between platforms.

[19:22]The platform also has other tools for reducing risk and growing your deposit. How to use them is covered in the free PDF. To get it: subscribe to YouTube and the Telegram channel, become a referral through the link in the description, and send the code word to the bot shown on screen.

Launching all BingX grid bots — transcript

[00:00]In this video we'll launch all trading bots on BingX — from the futures grid bot to the infinite spot grid Infinity. I'll show the nuances of setting ranges and how to maximise profit.

[00:20]Creating the first futures bot: at the top click "Bots" → "Futures Grid" → "Create". Choose the type: long-only (buys only), short-only (sells only), or neutral (works both ways within the range). We'll start with neutral, coin — Bitcoin.

[00:51]All settings are manual, so define the range you expect the price to stay in. Switch from the 15-minute chart to the daily to see strong levels. Upper boundary — around $100,000, lower — around $60,000. Within this range the bot will place buy and sell orders.

[01:57]Next — number of grids (e.g. 20), investment amount (e.g. $100), and leverage. I recommend keeping leverage low — no higher than 2–3×; let's set 3×. The exchange immediately shows expected profit per grid — roughly 1.9–3.2%. As long as the price stays in the $60,000–$100,000 range, the bot profits from these swings.

[02:58]About the risks. First — the liquidation price: we're on futures with leverage, and if the price reaches the liquidation level, the deposit goes to zero. Second — the price may move outside the set range: then the bot stops trading. At 3× leverage the long liquidation is around $189,000: if the price gets there, the $100 deposit will be liquidated.

[04:44]How to reduce risk: the "Take Profit and Stop Loss" button (optional). It's better to set the stop-loss as a percentage: for example, 10% — if the price moves 10% against you the position closes and you lose no more. Under "More Settings" you can activate the grid at the current price or at a trigger price (when price reaches a set level). Select "at current price" → "Create Neutral" → "OK". The bot is running; in "Strategy Details" you can see which levels have buy and sell orders.

[07:20]The second bot — spot grid. It's less risky: your entire deposit is your only risk, there's no credit, you buy real coins and can survive any drawdown. "Create" → "Manual". Same range (60,000–100,000), let's set 10 grids — profit per grid is higher (roughly 4–7%) because there are fewer levels. Investment $100 (10 grids may not be enough to fill all grid orders). "Create Grid" → "Confirm".

[09:43]How the spot grid works: the amount is split into two parts — part in USDT, part in the coin (on the BTC/USDT pair — part in Bitcoin). When the price rises, the bot sells the coin for dollars; when it falls — it buys more coin. Risks: if the price drops below the lower boundary — no trades execute and you're left holding the coin (you can buy more and stake it); if it goes above the upper boundary — you're left in USDT. With a coin you understand (BTC, ETH) and are willing to hold, the risk is minimal.

[13:14]The third bot — spot grid Infinity (infinite): it continuously buys more coin so you don't miss any upside. You only set a minimum price (manually or via AI): below it no purchases are made, above it purchases run continuously. For example, $80,000. Specify profit per grid net of fees (e.g. 2%) and the amount (minimum around $20, let's set $50). It's important to set the minimum price with a margin (e.g. $30,000–$50,000) to catch any moves and mirror levels.

[16:55]The fourth — Futures Martingale Grid. It's riskier: the position scales up when the market moves against you. Only long or only short is available. Set a profit target (e.g. 2%), leverage (for example 5×), and amount ($100). "Price step" — by what percentage drop a new position is added; "multiplier" — how much the volume increases (e.g. 1.1 means +10%); "maximum additions per cycle" — how many times this repeats. Here you must set a stop-loss (specified in dollars, e.g. $10). Beginners should avoid Martingale — start with the first three grid types.

[21:38]You can track the results of all bots in my free Telegram channel. For referrals via the link in the description I'll send current levels and ranges for BTC/ETH — register and send me your UID in a direct message.

BingX futures bot — step by step — transcript

[00:00]Hey everyone! In this video I'll show you how to create and set up your first futures grid bot on BingX. Why this exchange? It's a top-10 exchange by liquidity and offers plenty of convenient features. Anyone who registers through my link gets bonuses and vouchers for break-even trading (link in the description).

[00:34]What is a futures grid bot and why do you need one? When a coin moves up and down within a range, a grid bot lets you profit from those swings automatically: you configure the bot once, set the range, and it opens trades on its own from there. Your job is to define the range and choose a strategy: neutral (the bot opens both longs and shorts inside the range), long-only (buys only), or short-only (sells only). Then just hit "Start."

[01:30]After registering, open the Wealth tab → "Bots" → "Grid Trading." The bot creation window will open showing three options: futures grid, spot grid, and the Infinity spot grid. I have a separate video covering spot grids. Here we'll create a futures grid.

[02:03]Click "Create." The exchange automatically suggests ranges based on AI: a lower and upper bound plus strategy options (neutral, long, short). I recommend neutral — you don't have to predict direction; you profit in both directions within the range. I'm switching from automatic mode to manual so I can set the range myself.

[02:54]I'm moving to TradingView. I have an indicator that automatically plots range boundaries. To get this indicator free for one month, you need to be my referral with a balance of preferably $100 or more — send your UID and exchange name in a DM and access will be activated. For a small deposit ($50–$200), a tight range works well. Upper boundary: $93,000; lower boundary: $83,000.

[03:52]Back on the exchange, I set the range: lower 83,000, upper 93,000. Next is the number of grids (2 to 200 available). Fewer grids means a higher profit percentage per move: with 10 grids it's about 1.5–2% per move; with 100 grids it's about 0.15%. I'll use 10 grids as an example (five buy, five sell) — roughly 1%. Dropping to 5 grids brings it up to 2–2.36%.

[04:56]Next is leverage — your deposit multiplier. With $100 and 5× leverage you trade as if you have $500; at 10× it's as if you have $1,000. But leverage multiplies losses just as much as gains, so use it carefully. I don't recommend going above 3–5×. We'll set it to 5×.

[05:53]Now the investment amount — for example, $200. You can immediately see the liquidation price: longs liquidate around $60,000, shorts around $145,000. Important: the smaller the share of your available balance you invest, the further away the liquidation price. For example, investing $50 out of $500 puts long liquidation near $56,000 and short liquidation near $152,000; investing $20 moves those to $37,000 and $190,000. We'll go with $200 (you can always add more later).

[07:33]Click "Create Neutral Grid." The exchange shows a final summary: pair BTC/USDT, neutral strategy, 5× leverage, range 83,000–93,000, profit per grid about 2%, five grids, amount $200. Confirm — the grid is created.

[08:04]In "View Strategy" you can see the entry and exit levels for each trade. Long positions will open at 87,000, 85,000, and 83,000; short positions at 91,000 and 93,000 (current price is around 89,000). Right now there are three buy grids and two sell grids because the price is closer to the upper boundary.

[09:36]If you'd like me to make the bot public so you can follow it in real time — drop a plus in the comments. If you need the indicator from the beginning of the video — register through the affiliate link, send your UID in a DM, and access will be activated for one month. I'll cover the remaining details in a separate video on the free Telegram channel.