BingX Review
Key takeaways from this review:
- A Secure and Innovative Cryptocurrency Exchange
- Low Fees, Wide Asset Range, Copy Trading, New Account Promotions
- Easy Steps to Sign Up for BingX and Start Trading Digital Assets
BingX Pros & Cons
What is BingX?
BingX is a cryptocurrency platform that provides users with a secure and easy way to buy, sell, and store digital assets. It offers a wide range of features, including an intuitive user interface, advanced trading tools, and a secure wallet.
BingX Products & Features
One of the most popular features of BingX is its intuitive user interface. The platform has been designed with ease of use in mind, allowing users to quickly and easily access their digital currencies and manage their portfolios.
Another popular feature of BingX is its secure wallet. The wallet is protected by advanced encryption technology, ensuring that users’ funds are kept safe and secure. Additionally, the wallet supports a range of digital currencies, making it easier for users to diversify their portfolios.
BingX also offers a range of trading tools and features, such as charting tools and real-time price updates. These features make it easier for users to track the performance of their digital currencies and make informed trading decisions.
Similar to eToro which is known for their copy trading features, with BingX you can copy trade their top traders. Find a trader you want to copy, allocate some portion of your funds towards copying them, and you will automatically start copying all of their trades.
Finally, BingX also offers a range of customer support services, including live chat and email support. This allows users to get assistance quickly and easily if they have any questions or issues.
BingX Customer Support
BingX provides its users with a range of customer support services, including live chat and email support. This allows users to get assistance quickly and easily if they have any questions or issues. The customer support team is available 24/7 to ensure that users can get help whenever they need it.
Can US Citizens Use BingX?
No, BingX is not available to US-investors. The platform is currently available to investors in the UK, Canada, and Australia. Other geographic regions may be added in the future.
BingX Trading Fees
Flat fee: BingX charges a flat fee of 0.1% on all trades, regardless of the asset or the size of the trade. This is a competitive rate compared to other exchanges, making it an attractive option for traders who want to keep their costs low.
BingX Withdrawal Fees: BingX also charges a withdrawal fee for each asset. The withdrawal fee varies depending on the asset, but is usually around 0 BTC or 0.001 ETH.
BingX Maker/Taker Fees: Finally, BingX also charges maker/taker fees. Maker fees are charged when a trader places an order that is not immediately executed, while taker fees are charged when an order is immediately executed. Maker fees are typically 0.02% while taker fees are typically 0.05%.
BingX Exchange Alternatives
If you're looking for alternatives to BingX, we've reviewed dozens of crypto exchanges and have a few suggestions for you.
- If you're looking for alternative copy trading platforms, we suggest eToro.com. You can read our review of eToro here, learn more about eToro's fees here, and read our guide to their copy trading services here.
- If you're looking for a wide range of altcoins, check out our KuCoin review.
- If you're looking for advanced trading tools and margin trading, check out our review of PrimeXBT or our ByBit review.
How to Sign up on BingX?
Here how to sign up on BingX:
- Visit BingX Exchange here
- Click "Sign up" at the top-right corner of the screen.
- Enter your email, and a password.
- Click “Create Account”.
- Verify your email address.
- Log in to your new BingX account.
BingX Review Verdict: Is BingX Legit?
BingX has a ton of features for traders of all levels, high liquidity and volume, and a ton of trading pairs. The BingX team is doxxed and highly experienced.
BingX has awesome features for beginners and advanced traders, and we especially love their copy trading product.
Overall, we gave BingX 4/5 stars and found them to be a legit crypto exchange.
