About BingX

BingX launched in 2018 out of Singapore and has carved out a niche as a social trading platform that competes directly with Bitget for copy trading dominance. The platform now lists over 700 tokens for spot trading and offers perpetual futures with leverage up to 150x. Spot fees start at 0.1%/0.1% maker/taker, while futures fees sit at a competitive 0.02%/0.05%. The copy trading feature is the main draw: thousands of verified traders publish strategies with transparent performance data, and the filtering tools make it practical to find traders that match your risk tolerance. BingX also offers grid trading bots and DCA automation without requiring third-party software. The mobile app is polished and well-suited for the social trading experience. On the regulatory front, BingX holds licenses in a handful of jurisdictions but lacks the deep compliance portfolio of exchanges like Coinbase or Kraken. Liquidity on major pairs is adequate, though smaller altcoins can have wide spreads. Customer support responds via live chat and tickets, with wait times typically under 15 minutes. For traders who want to follow proven strategies or build an audience as a signal provider, BingX offers a genuinely useful social trading layer on top of a competent exchange. Active manual traders with large orders may find better depth elsewhere.

Pros & Cons

Rating Breakdown