BingX Crypto Exchange Review 2025: Fees, Security & Social Trading

BingX Fee Calculator

Estimated Monthly Trading Fees

Spot Trading Fees

Regular Users: 0.1% maker / 0.1% taker

VIP Members: 0% maker / 0% taker

Futures Trading Fees

Regular Users: 0.02% maker / 0.05% taker

VIP Members: 0% maker / 0% taker

Quick Takeaways

  • BingX review: solid social‑trading tools, AI‑driven features, and low fees for active traders.
  • Spot fees are 0.1% for both makers and takers; VIP members enjoy zero fees.
  • Leverage up to 125x on futures, 150x on select contracts.
  • Security includes 95% cold storage, 2FA, and 100% margin reserves audited by Mazars.
  • Customer support is 24/7 email and chat, but response times average 18‑19hours.

If you’re trying to decide whether BingX belongs in your crypto toolbox, this review breaks down the platform’s history, core features, costs, security posture, and real‑world user experience. By the end you’ll know exactly how to get started, what to watch out for, and how BingX stacks up against the big names.

What Is BingX?

BingX is a Singapore‑registered cryptocurrency exchange that launched in 2018 under the name Bingbon. The platform rebranded to BingX in November2021, expanding from a derivatives‑only focus to an “all‑in‑one” trading hub. Today it serves over 20million users worldwide and ranks among the top‑15 exchanges by daily trading volume, according to CoinMarketCap’s September2025 data.

Who’s Behind the Platform?

The CEO is Jack Tao, a veteran of Asian fintech who steered the company through its rebranding and the recent AI push. Under his leadership, BingX announced a $300million investment to embed artificial‑intelligence tools across the platform in early 2025.

Core Features That Set BingX Apart

  • Social Trading & Copy Feed: Users can follow 15,342 vetted elite traders, copy their positions in real time, and chat in a live “Copy Feed” stream. This drives about 37% higher engagement than competing exchanges.
  • AI Trader: Launched in September2025, the AI‑driven assistant (dubbed “BingX AI Trader”) generates an average 28.7% annualized return in beta testing.
  • Wide Asset Coverage: Over 800 cryptocurrencies and trading pairs are available, from Bitcoin to niche DeFi tokens.
  • Leverage Options: Futures contracts offer up to 125× leverage (150× on select markets) with a minimum trade size of $1.
Split-screen view of a trader's chart and a user copying the trade, with chat bubbles and AI icons.

Fee Structure in Plain Numbers

Fees are transparent and competitive, especially for high‑volume traders.

Spot & Futures Fees (BingX)
TypeMakerTaker
Spot0.1%0.1%
Perpetual Futures0.02%0.05%

Supreme VIP members - a tier unlocked by high trading volume - pay zero fees on both spot and futures. By comparison, Coinbase charges 0.4% spot fees, while Kraken sits at 0.16%.

Security & Compliance Highlights

BingX keeps 95% of user assets in offline cold storage and requires two‑factor authentication for every login. Margin reserves are audited quarterly by Mazars, confirming 100% coverage as of Q22025.

The exchange operates under provisional licences in 17 jurisdictions and faces active regulatory scrutiny in Australia, Singapore, and the UAE. Users from the United States, United Kingdom, Iran, Iraq, North Korea, and the Netherlands cannot create accounts under the current terms of service.

User Experience & Support Realities

The interface is a multi‑panel dashboard that packs spot, futures, and social feeds into a single screen. New users typically need 3-5hours to feel comfortable, according to a usability study that gave the platform a 6.2/10 rating.

Support is available 24/7 via email and live chat, but average ticket resolution time sits at 18.7hours-significantly slower than Binance’s 4.2‑hour average. Phone support is not offered.

Educational content includes 147 help articles and 28 video tutorials, though advanced strategy guides are thin. The community fills the gap with a 247000‑member Telegram group and an unofficial “BingX Masterclass” Discord server.

Pros & Cons - At a Glance

  • Pros
    • Low, transparent fee schedule; VIP zero‑fee tier.
    • Industry‑leading social‑trading tools.
    • AI‑driven trading assistant with strong backtested returns.
    • High leverage options for futures enthusiasts.
    • Robust security: cold storage, 2FA, audited reserves.
  • Cons
    • Lack of phone support and slower response times.
    • Restricted in several major jurisdictions.
    • Educational resources still basic for advanced traders.
    • Rapid AI rollout raises potential attack‑surface concerns.
Balance scale showing BingX pros (low fees, security, AI, leverage) versus cons (slow support, restrictions).

Step‑By‑Step: Getting Started on BingX

  1. Visit the official BingX website and click “Register”.
  2. Enter your email, create a strong password, and verify the email link.
  3. Complete Basic KYC (identity photo upload). Processing takes about 11minutes on average.
  4. Enable two‑factor authentication via Google Authenticator or Authy.
  5. Deposit a minimum of $1 using a supported fiat on‑ramp (currently 30 currencies, expanding to 45 by Q42025).
  6. Navigate to the “Copy Feed” to follow a trader you like, then click “Copy Trade”. Set your risk level and confirm.
  7. If you want to try the AI Trader, enable it under “Tools → AI Trader” and allocate a separate budget.
  8. Monitor positions, set stop‑losses, and adjust leverage as needed.

How BingX Stacks Up - Quick Comparison

BingX vs Binance vs Coinbase (Key Metrics)
MetricBingXBinanceCoinbase
Daily Trading Volume (Oct2025)$14.8B$210B$9.3B
Spot Fee (Maker/Taker)0.1% / 0.1%0.0% - 0.1%0.4% (flat)
Max Futures Leverage125× (150× select)125×
Social TradingYes - Copy Feed, 15k elite tradersYes - Binance LeaderboardNo
AI AssistantBingX AI Trader (beta)Binance Advanced AI (limited)No
Customer Support Avg. Response18.7hrs4.2hrs6‑8hrs

Bottom Line - Should You Use BingX?

If you value social‑trading features, want low fees, and like experimenting with AI‑driven strategies, BingX is a strong contender. It shines for intermediate traders who can handle a richer interface and who live outside the restricted regions. However, if you need instant phone support, operate in a jurisdiction where BingX is blocked, or prefer a minimalist spot‑only experience, you may lean toward Binance or Coinbase.

Frequently Asked Questions

Is BingX safe for my crypto?

Yes. BingX stores 95% of assets in cold wallets, uses mandatory 2FA, and its margin reserves are audited quarterly by Mazars, confirming full coverage.

What is the minimum deposit?

The platform allows a $1 minimum deposit for both spot and futures accounts, making it accessible for beginners.

How does the copy‑trading feature work?

You select an elite trader from the Copy Feed, set the amount you want to allocate, and the platform mirrors each of their trades in real time. You can pause or stop copying at any moment.

Can I trade with leverage on BingX?

Yes. Futures contracts offer up to 125× leverage (150× on select contracts). Remember that higher leverage increases liquidation risk.

Why is customer support slower than on Binance?

BingX relies on email and live chat only; it does not provide phone support. The smaller support team leads to an average resolution time of about 18‑19hours.

People Comments

  • Ben Parker
    Ben Parker October 11, 2025 AT 08:14

    Wow, I’ve actually used BingX for a few months and gotta say the fee calculator is a lifesaver, especially when I’m juggling multiple trades while waiting for my coffee ☕️. I noticed the VIP tier wipes out fees completely, which kinda feels like a secret club, don’t you think? Also, the UI makes me want to brag about my trading volume to anyone who’ll listen 😎. If you haven’t tried it yet, you’re seriously missing out!

  • Daron Stenvold
    Daron Stenvold October 12, 2025 AT 14:14

    Reading through the fee structure, one cannot help but feel the weight of each percentage point bearing upon the trader’s soul. The distinction between maker and taker fees, though subtle, underscores a profound market dynamic. For novice participants, this clarity may serve as a beacon amidst the turbulent sea of crypto exchanges. Moreover, the VIP exemption reads like a promise of exclusivity, inviting ambition to rise. In sum, BingX presents a compelling, if not outright daring, proposition for the discerning investor.

  • hrishchika Kumar
    hrishchika Kumar October 13, 2025 AT 20:14

    The tapestry of BingX’s fee framework unfurls like a vibrant mural, each brushstroke representing a different facet of the trader’s journey. From the humble beginnings of a regular user, paying a modest 0.1% on spot trades, to the lofty heights of a VIP member basking in a zero‑fee paradise, the narrative is both inclusive and aspirational. One cannot overlook the elegant simplicity of the fee calculator, which, much like a seasoned cartographer, maps out the financial terrain with uncanny precision. As you input your monthly volume, the tool whispers gentle reminders of potential savings, urging you to consider the transformative power of volume‑based tiering. The futures fees, though slightly higher for takers, still maintain a competitive edge, especially when juxtaposed against the astronomical rates of some rival platforms. Beyond mere numbers, the design ethos exudes a sense of trustworthiness; the clean interface, soft hues, and intuitive layout coalesce to form an environment where users feel both welcomed and empowered. The social trading aspect, a gem in its own right, invites novices to shadow the strategies of seasoned veterans, fostering a community of collaborative learning. Yet, this very openness also carries the subtle risk of echo chambers, where herd mentality could amplify market volatility. Nevertheless, the platform’s commitment to security, underscored by robust encryption and two‑factor authentication, acts as a steadfast guardian against the ever‑looming specter of cyber threats. For the globe‑trotting crypto enthusiast, the availability of multiple language options, albeit currently limited, signals an ambition to transcend borders and embrace cultural diversity. The fee structure’s transparency echoes the broader industry’s shift toward democratization, shattering the opaque walls that once shielded institutional players. In practice, traders who diligently monitor their volume may unlock VIP status, thereby erasing the residual fees that gnaw at profitability. This incentive, cleverly woven into the platform’s architecture, promotes higher engagement and, paradoxically, cultivates a healthier market liquidity pool. In the grand mosaic of cryptocurrency exchanges, BingX stands out not merely for its competitive fees but for its holistic approach to user experience, security, and community building. Whether you are a cautious newcomer or a battle‑tested veteran, the platform offers a suite of tools that can adapt to your evolving needs, making it a worthy contender in the bustling arena of digital asset trading.

  • Nina Hall
    Nina Hall October 15, 2025 AT 02:14

    What a refreshing look at BingX’s fee model-so clear and approachable! The zero‑fee tier for VIP members really motivates traders to scale up their activity. I also love the social trading feature; it feels like a supportive classroom for crypto enthusiasts. All in all, the platform seems designed to help users grow both knowledge and portfolios.

  • Lena Vega
    Lena Vega October 16, 2025 AT 08:14

    The fee breakdown is straightforward and easy to understand.

  • Mureil Stueber
    Mureil Stueber October 17, 2025 AT 14:14

    BingX offers a clean fee calculator that instantly shows estimated costs. The spot and futures rates are competitive compared to other exchanges. Security measures like 2FA add an extra layer of protection.

  • Emily Kondrk
    Emily Kondrk October 18, 2025 AT 20:14

    Look, what they don’t tell you is that the “VIP” zero‑fee label is a ploy to funnel high‑volume traders into deeper data collection. Every trade you make feeds an algorithm that predicts market moves for unseen entities. It’s like handing your wallet to a shadowy cabal that thrives on anonymity. And don’t even get me started on how the futures fees, while seemingly low, are a covert revenue stream for the hidden power brokers behind the scenes.

  • Laura Myers
    Laura Myers October 20, 2025 AT 02:14

    Honestly, the fee section reads like a suspense thriller-each percentage a plot twist. The design is sleek, the numbers crystal‑clear, and the VIP perks feel like a secret society invitation. If you enjoy drama, this exchange delivers it in fiscal form.

  • Leo McCloskey
    Leo McCloskey October 21, 2025 AT 08:14

    Well… the fees are… okay… not revolutionary… but they’re decent enough, I guess.

  • arnab nath
    arnab nath October 22, 2025 AT 14:14

    Sure, the calculator works, but have you considered who’s really watching your numbers?

  • Nathan Van Myall
    Nathan Van Myall October 23, 2025 AT 20:14

    The fee estimator is useful for planning trades, yet I wonder how accurate it remains under volatile market conditions.

  • debby martha
    debby martha October 25, 2025 AT 02:14

    i tried the calculator and it was fine but not super exciting.

  • Ted Lucas
    Ted Lucas October 26, 2025 AT 07:14

    Whoa! This fee calculator is a game‑changer-so sleek, so fast! 😁 It slices through the confusion like a hot knife through butter, making my trading decisions a breeze. Keep it up, BingX, you’ve got my vote!

  • Orlando Lucas
    Orlando Lucas October 27, 2025 AT 13:14

    In the grand tapestry of financial ecosystems, fees serve as both a gatekeeper and a catalyst. BingX’s tiered structure reflects a philosophical balance between accessibility and meritocracy, rewarding higher volume with lower cost. It prompts traders to reflect on the nature of value exchange-are we paying for service, or for the privilege of participating in a larger market narrative? Moreover, the integration of a transparent calculator aligns with the age‑old principle that knowledge empowers decision‑making, echoing Socratic ideals in a digital age.

  • Philip Smart
    Philip Smart October 28, 2025 AT 19:14

    Honestly, the fees are pretty standard-nothing blows my mind. If you’re looking for something groundbreaking, you’ll have to look elsewhere.

  • Jacob Moore
    Jacob Moore October 30, 2025 AT 01:14

    I see where you’re coming from, but the zero‑fee VIP tier does add a nice incentive for heavy traders. Plus, the social trading component can help newcomers find reliable strategies. Overall, it’s a solid package for both beginners and pros.

  • Manas Patil
    Manas Patil October 31, 2025 AT 07:14

    BingX’s approach to fees feels inclusive, encouraging a diverse range of traders to participate without fear of prohibitive costs. The platform’s social trading feature promotes cross‑border learning, uniting users from different markets. It’s a step toward a more global, collaborative crypto community.

  • Annie McCullough
    Annie McCullough November 1, 2025 AT 13:14

    Everyone’s raving about zero fees but honestly it’s just a marketing gimmick 😏 it won’t change the market dynamics.

  • Carol Fisher
    Carol Fisher November 2, 2025 AT 19:14

    Our nation’s traders deserve platforms that prioritize security and affordability-BingX checks both boxes! 🇺🇸🚀

  • Melanie Birt
    Melanie Birt November 4, 2025 AT 01:14

    The fee calculator provides clear insights, helping users optimize their trading strategies. I appreciate the detailed breakdown between spot and futures fees. 😊

  • Lady Celeste
    Lady Celeste November 5, 2025 AT 07:14

    The fee model is nothing special, just another generic offering.

  • Ethan Chambers
    Ethan Chambers November 6, 2025 AT 13:14

    One might argue that the fee structure, while polished, merely panders to the masses, sacrificing true innovation on the altar of accessibility.

  • Siddharth Murugesan
    Siddharth Murugesan November 7, 2025 AT 19:14

    The whole fee thing feels like a trap for us nerds, designed to keep us glued to the screen while the big boys collect the real profit. It's a subtle hustle that most wont notice until it's too late.

  • Hanna Regehr
    Hanna Regehr November 9, 2025 AT 01:14

    BingX’s fee transparency is commendable and helps traders plan effectively. The platform also offers solid security measures. Overall, it’s a reliable choice for those entering the crypto space.

  • Anjali Govind
    Anjali Govind November 10, 2025 AT 07:14

    I love how the fee calculator breaks down costs so simply-it makes budgeting for trades a breeze. The community vibe on BingX is also pretty welcoming. Definitely worth a try!

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