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BingX review

By the TradeReviewed Research Team. Data from official exchange pages and regulator registers, dates shown per exchange.

How we testSources linked on every reviewAffiliate disclosure
Data verified 19 Oct 2026, sources linked.

BingX is a centralized crypto exchange. Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA). Restricted or under a regulator warning in: India. Base-tier fees: spot 0.10% maker / 0.10% taker, futures 0.02% maker / 0.05% taker. TradeReviewed score: 3.3 out of 5.

Referral code

Use our referral code: BingX referral code ZNPMCB

Key facts

TypeCEX
TradeReviewed score3.3/5
Spot fees (maker / taker)0.10% / 0.10% source
Futures fees (maker / taker)0.02% / 0.05% source
Licensed or registered inEuropean Union (MiCA)
Restricted or warningIndia
Proof of reservesMonthly Merkle tree (BTC, ETH, USDT, USDC) source
Volume 24h$355.2M
Derivatives $7.12B CoinGecko, 2026-10-27
Max leverage150x source
KYCFull
Last verified19 Oct 2026
Fee notesSpot VIP 0 from fee page; perpetual futures standard rate from https://bingx.com/en/support/articles/360027240173-fee-schedule

Score breakdown

Each category is calculated from the sourced data on this page. Missing data scores low, never estimated. Methodology and formula.

Regulation and licences (25%)0.5
Security and proof of reserves (20%)3.5
Fees (spot and futures) (20%)3.9
Liquidity and volume (15%)5.0
Products and features (10%)5.0
Transparency, KYC and support (10%)4.0

Full BingX review

Verdict

BingX scores 3.3 out of 5 in our global ranking. For users in the EU our EU score is 4.4, which gives MiCA authorisation more weight. Strongest category: Liquidity and volume (5.0 / 5). Weakest category: Regulation and licences (0.5 / 5).

BingX is a centralized crypto exchange. Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA). Restricted or under a regulator warning in: India. Base-tier fees: spot 0.10% maker / 0.10% taker, futures 0.02% maker / 0.05% taker. TradeReviewed score: 3.3 out of 5.

Overview

BingX is a centralized crypto exchange founded in 2018. CoinGecko reports a 24-hour trading volume of $355.2M spot and $7.12B derivatives (updated 2026-10-27). Official website: bingx.com.

Regulation and licences

Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA). Restricted or under a regulator warning in: India.

MiCA status in the EU: Yes. BingX is listed as licensed in European Union (MiCA): MiCA CASP authorisation (MEGE zweite GmbH, trading as BingX EU, bingx.eu), Austrian Financial Market Authority (FMA). (checked 2026-10-19) ESMA interim register (CASPS.csv, update 16 Oct 2026), authorised 13/10/2026.

The table below lists every jurisdiction we checked, with links to the official registers and the date of our last check. ↓

Security and proof of reserves

Proof of reserves: Monthly Merkle tree (BTC, ETH, USDT, USDC). source Our security and proof-of-reserves score: 3.5 / 5.

No exchange is risk-free. Keep only the funds you actively trade on an exchange and move long-term holdings to a wallet you control.

Fees

Base-tier fees: spot 0.10% maker / 0.10% taker, futures 0.02% maker / 0.05% taker. Spot VIP 0 from fee page; perpetual futures standard rate from https://bingx.com/en/support/articles/360027240173-fee-schedule

Withdrawal fees are set per coin and network and are shown before you confirm a withdrawal. Check the official fee page for the current amount. Official fee page: bingx.com.

Products

Products we confirmed: Spot trading, Futures, Copy trading, Trading bots, Earn and staking, P2P trading. Maximum leverage on futures: 150x.

KYC and verification

KYC: Full. See the official terms for the limits that apply without verification.

Deposits and withdrawals

Deposit methods: Card (third-party), P2P, crypto. Crypto withdrawals are sent on-chain. Fiat options depend on your country and verification level.

App and user experience

BingX has apps for iOS and Android next to the web platform. Our transparency, KYC and support score: 4.0 / 5.

Customer support

BingX offers 24/7 live chat support in the app and on the website.

Pros and cons

Pros

  • Licensed or registered in: European Union (MiCA)
  • Published proof of reserves
  • Low base spot fees (0.10% taker)
  • Futures trading with up to 150x leverage
  • Copy trading and trading bots

Cons

  • Restricted or under a regulator warning in: India

Who BingX is for

  • Futures traders who want base fees of 0.02% maker / 0.05% taker.
  • Spot traders looking for low fees (0.10% taker).
  • EU residents who want a MiCA-authorised provider.
  • Beginners who want to copy experienced traders or run trading bots.

Alternatives to BingX

Other exchanges worth comparing, ranked by our order:

  1. OKX review 4.0 / 5
  2. Binance review 4.1 / 5
  3. Bybit review 4.1 / 5
  4. KuCoin review 4.0 / 5
  5. WhiteBIT review 3.9 / 5

BingX referral code

Use the code ZNPMCB when you open a BingX account. It is the same code we list on our referral page.

Open BingX with our link   BingX referral code details

You'll hear it here firstBreaking crypto and market alerts on Telegram, before everyone else.
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Regulation by country and region

Status per jurisdiction with a link to the official register. Registers change, so always check the source and the date we last verified it. What these statuses mean.

JurisdictionRegulatorLicence / registrationNumberStatusOfficial sourceLast verified
European Union (MiCA)Austrian Financial Market Authority (FMA)MiCA CASP authorisation (MEGE zweite GmbH, trading as BingX EU, bingx.eu)LEI 984500G149054BADD925Licensed
ESMA interim register (CASPS.csv, update 16 Oct 2026), authorised 13/10/2026.
Register19 Oct 2026
United StatesNYDFS (BitLicense) / FinCEN (MSB)--Not verifiedRegister-
UAE / Dubai (VARA)Virtual Assets Regulatory Authority (VARA)--Not verifiedRegister-
United KingdomFinancial Conduct Authority (FCA)--Not verified
FCA cryptoasset register could not be read automatically (bot protection); not verified yet.
Register-
SingaporeMonetary Authority of Singapore (MAS)--Not verifiedRegister-
JapanFinancial Services Agency (JFSA)--Not verifiedRegister-
Hong KongSecurities and Futures Commission (SFC)--Not verifiedRegister-
AustraliaAUSTRAC--Not verified
AUSTRAC does not publish a public list of registered digital currency exchanges; not verified.
Register-
CanadaCanadian Securities Administrators (CSA) / FINTRAC--Not verifiedRegister-
IndiaFinancial Intelligence Unit India (FIU-IND)Directed for takedown of apps and URLs (operating without FIU-IND registration)-Banned / warning
Lok Sabha Unstarred Question 5805 (30 Mar 2026), Annexure II.
Register20 Oct 2026
TurkeyCapital Markets Board (SPK/CMB) / MASAK--Not verifiedRegister-
South KoreaKorea Financial Intelligence Unit (KoFIU)--Not verifiedRegister-
BrazilBanco Central do Brasil (BCB)--Not verified
Banco Central do Brasil has not published a list of authorised SPSAVs yet (checked 20 Oct 2026).
Register-

Regional rankings

Best crypto exchanges by region

Selling crypto at a profit? See how much tax you would pay with our crypto tax calculator. Crypto tax calculator

New to crypto? Start here

BingX: frequently asked questions

Is BingX regulated?

Yes, in some jurisdictions. Official registers list BingX (or a group company) as licensed or registered in: European Union (MiCA). Licences are usually held by a local entity, so check which company serves your country.

Is BingX legal in the US?

We have not verified the status of BingX in United States yet. Check the official register and the exchange's terms for your country.

Is BingX MiCA licensed?

Yes. BingX is listed as licensed in European Union (MiCA): MiCA CASP authorisation (MEGE zweite GmbH, trading as BingX EU, bingx.eu), Austrian Financial Market Authority (FMA). (checked 2026-10-19) ESMA interim register (CASPS.csv, update 16 Oct 2026), authorised 13/10/2026.

What are BingX fees?

At the base (regular user) tier: spot 0.10% maker / 0.10% taker, futures 0.02% maker / 0.05% taker, according to the official fee page (checked 2026-10-19). VIP tiers and token discounts can lower this.

Is BingX available in the UAE?

We have not verified the status of BingX in UAE / Dubai (VARA) yet. Check the official register and the exchange's terms for your country.

Does BingX require KYC?

KYC: Full. See the official terms for the limits that apply without verification.

What is the TradeReviewed score of BingX?

3.3 out of 5, calculated with our published methodology from regulation, security, fees, liquidity, products and transparency data. Partnerships do not affect the score.

Is BingX safe?

Proof of reserves: Monthly Merkle tree (BTC, ETH, USDT, USDC). source Our security and proof-of-reserves score: 3.5 / 5. Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA). Restricted or under a regulator warning in: India.

What can you trade on BingX?

Products we confirmed: Spot trading, Futures, Copy trading, Trading bots, Earn and staking, P2P trading.

Does BingX have a mobile app?

BingX has apps for iOS and Android next to the web platform.

What are the BingX withdrawal fees?

Withdrawal fees are set per coin and network and are shown before you confirm a withdrawal. Check the official fee page for the current amount.

What is the BingX referral code?

The BingX referral code is ZNPMCB. Enter it at sign-up or use our link.

Sources

Risk warning: crypto-assets are volatile and you can lose all of your money. Leveraged products are high risk. Nothing on this page is financial advice.

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