BingX
⭐ Trust Score: 9/10
🏆 Arbi.TEAM 8/10
📋 Basic information
📊 Trading statistics
📖 About exchange
BingX
Social trading platform with advanced copy trading tools
General Information
| Parameter | Value |
|---|---|
| Year Founded | 2018 |
| Country | British Virgin Islands |
| Type | CEX |
| Trust Score | 9/10 |
| Global Rank | #12 |
| 24h Volume (BTC) | 11,341.46 |
| Listed Coins | 839 |
| Trading Pairs | 886 |
History
BingX launched in 2018 as Bingbon, a social network for traders with copy trading features — a concept just gaining traction.
In 2020 BingX pioneered Smart Copy, automatically allocating funds across lead traders for risk diversification. This became the platform's hallmark.
In 2022 the rebrand to BingX brought spot trading and an NFT marketplace. The company holds AUSTRAC (Australia) and FINTRAC (Canada) licenses.
Key Features
Smart Copy
Auto-allocate investments across traders based on performance and Risk Score. Diversification without manual selection.
TradingView Charts
Full indicator suite and pattern recognition for technical analysis. Custom timeframes and alerts.
Trading Bots
Grid strategies, DCA, and arbitrage robots. 24/7 automated trading without user intervention.
Staking
Fixed and flexible staking, Launchpad, and BingX Pool for liquidity mining.
Simple App
Minimalist app focused on social trading. Real-time lead trader feed.
Localization
Telegram communities in Russian, Turkish, Vietnamese. Regional-language support.
Trading Fees
| Market | Maker | Taker |
|---|---|---|
| Spot | 0.10% | 0.10% |
| Futures | 0.02% | 0.05% |
| Copy Trading | 0.10% | 0.10% |
| Margin | 0.10% | 0.10% |
No native token — discounts through VIP tiers and BingX Elite. Copy traders pay no extra fees beyond standard commissions.
Security
Geography & KYC
Availability: 100+ countries KYC: Mandatory — basic for deposit and trading Banned in: USA, China, Iran, Cuba, Syria, North Korea
Pros & Cons
✅ Pros
- Smart Copy unique risk distribution
- Intuitive social trading interface
- Low copy trading entry barrier
- Active Telegram community
- Regulatory licenses
❌ Cons
- Fewer coins than competitors
- No native discount token
- Limited fiat withdrawal
- Trust Score 9/10
User Reviews
Trustpilot: 3.2, 1,800+ reviews. Users praise copy trading simplicity. Criticism targets slow verification. Forums note Smart Copy helps beginners but warn about short-track-record traders.
Arbitrage suitability assessment — will be added later
Personal user experience — will be added later