BingX holds seventh place out of 10 on eTop with 7.4 out of 10, as of 4 November 2026.
BingX scores 9.6/10 for fees. Its MiCA license in Austria (through BingX EU) and the smallest trading volume of the ten put it in seventh place out of 10. License: MiCA (Austria), verified 1 November 2026.
About BingX
20 September 2024: BingX reported unauthorized access to one of its hot wallets. It suspended withdrawals and deposits, restored withdrawals for major tokens by 21 September 2024 and deposits from 22 September 2024. BingX says its reserves cover the losses and user assets were not affected; the notices do not state the amount. Sources: BingX notice, 20 Sep 2024, BingX FAQ, 25 Sep 2024.
Score History for BingX
Final score over 38 days, from 28 September 2026 to 4 November 2026.
7.2 / 10 → 7.4 / 10 +0.2
Recorded automatically once a day along with the rest of the data; the last 365 days are kept.
Liquidity by Trading Pair
Spread is the gap between the buy and sell price: the smaller it is, the cheaper it is to enter and exit a position. These figures come from CoinGecko, per pair, independent of the score above.
Official Social Media: BingX
Frequently Asked Questions About BingX
What is BingX?
BingX was founded in 2018 and, per CoinGecko, is registered in the British Virgin Islands. It offers 600 coins on 650 pairs and handles about $393M a day (CoinGecko, 4 November 2026), the smallest volume of the ten exchanges tracked here.
What are BingX’s spot trading fees?
BingX’s standard spot fee at VIP 0 is 0.10% for both makers and takers, with discounts at higher VIP tiers (BingX article, updated 26 May 2026).
What are BingX’s futures trading fees?
On perpetual USDT futures, BingX charges makers 0.02% and takers 0.05% at the base tier (VIP 0), as of 31 October 2026. By taker fee that is tied for the 2nd lowest of 10. Funding rates are charged separately, and leverage can magnify losses beyond the margin.
What are BingX’s withdrawal fees?
BingX charges about $0.01 on Aptos to withdraw USDT on its cheapest network (checked 10 October 2026); the sixth-cheapest of the ten exchanges here. Every other asset has its own fee in BingX’s table.
Is BingX safe and legit?
BingX has a CoinGecko Trust Score of 9/10, and its EU arm BingX EU (MEGE zweite GmbH) is licensed under MiCA in Austria (ESMA register checked 1 November 2026). On the technical side, the website earns an A+ on SSL Labs (2 November 2026) with a clean Google Safe Browsing check (4 November 2026). The September 2024 hot wallet incident is described under Security Incident History.
Does BingX publish proof of reserves?
BingX publishes Merkle-tree proof-of-reserves snapshots. Its page shows a snapshot dated 14 October 2026: 143.42% for BTC, 123.93% for ETH, 127.36% for USDT and 125.87% for USDC (BingX’s own data).
Does BingX hold a MiCA license?
Yes, through its EU arm. MEGE zweite GmbH, trading as BingX EU, holds a MiCA authorization from Austria’s FMA, notified on 13 October 2026, covering custody, fiat and crypto exchange and transfers; the register lists bingx.eu (checked 1 November 2026).
Is KYC verification required on BingX?
Yes, for full access. Per BingX’s support article (updated 7 June 2024), you can’t trade or use fiat features without verification, deposits are unavailable, and the withdrawal limit is capped at 20,000 USDT per 24 hours. After Advanced KYC, you get unlimited deposits, full trading access, and withdrawals up to 5,000,000 USDT per 24 hours. BingX notes that tiers and benefits can vary by region. Source: official BingX support article “KYC Benefits and Advantages at Different Levels.”
Does BingX offer demo trading?
Yes. BingX Demo Trading runs futures on virtual USDT (VST) tokens with no real value. New users get 100,000 VST across their perpetual and standard futures accounts right after signing up. If your total balance drops below 20,000 VST, you can request more, but no more than once every 7 days. The maximum number of open orders is 150. Source: official BingX support article, updated 18 July 2025.
Is there a sign-up bonus on BingX?
Yes. BingX’s invite page offers new users a welcome gift of up to 11,205 USDT (checked 16 October 2026). The promotion changes, so check the current terms on BingX’s page before you sign up.
Does BingX have P2P trading?
BingX has P2P trading too. Its P2P page, which eTop checked on 21 September 2026, advertises zero-fee USDT purchases through bank transfer, e-wallets and other methods.
Where is BingX registered?
BingX’s European business runs through MEGE zweite GmbH (BingX EU) in Austria, the entity in ESMA’s MiCA register.
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Checked by the author, Ihor: the license, terms and FAQ answers are verified manually against official sources. Market figures (CoinGecko, CoinMarketCap, App Store) update automatically. Last manual check: 10 October 2026.