BingX Review 2025 Get 45% Rebate on Trading Fees

With so many cryptocurrency exchanges competing for users’ attention, discerning traders know that not all platforms are created equal!

While some of these exchanges have strong security measures and transparent operations, others hide in the shadows and are prone to fraud and mismanagement of user funds. As a result, it is of utmost importance for investors looking for a trustworthy and reputable cryptocurrency exchange to conduct thorough research.

BingX is one such trustworthy exchange.

45% off on trading fees ▼

https://bingx.com/partner/VVVVV/

What is BingX?

BingX is a cryptocurrency exchange founded in 2018, targeting a user base of over 10 million worldwide. It offers a variety of services including spot trading, derivatives, copy trading, and asset management.

BingX boasts tools and features aimed at enhancing users’ trading capabilities. The platform has an international presence with offices in Asia, Oceania, Europe, and South America. BingX EU UAB is a financial services company registered in Lithuania and is a member of the European Union and is recognized and regulated as a digital currency exchange by the Financial Crimes Investigation Authority (FSIC). BingX Global is registered as a digital currency exchange provider with the Australian Trading and Reporting and Analysis Centre.

Security and transparency are paramount at BingX. This is evidenced by our 100% margin reserves verified by reputable institutions such as Mazars. Our partnership with leading cybersecurity companies further strengthens the platform’s defenses against potential threats.

BingX has received several accolades, including being named the best cryptocurrency exchange by TradingView and the fastest growing social trading platform by Global Brands Magazine.

How to join BingX

Registering an account is simple and can be completed quickly within a few minutes.

1. Access the registration page for BingX.
2. Select your email and phone number and enter your account information.
3. An authentication code will be sent to the registered email or phone number. After confirming the code, enter it in the input field to complete your BingX account registration.

※Enter the Referral Code [VVVVV] and register an account to receive a 45% discount on trading fees. 45% of the fees incurred from trading will be rebated, and the rebated amount will be settled every day at midnight (UTC+8).

If you sign up with a code that does not have a fee discount, the discount will not be applied. The discount will only be applied if the fee discount is displayed as shown below. If you have an existing account, but registered an account without a fee discount when signing up, you will need to sign up again.※

BingX Security

BingX places a strong emphasis on platform security and invests significant resources to protect user assets. With robust security measures and strategic partnerships, the exchange has maintained an impeccable security record since its inception, with zero cases of cryptocurrency or wallet theft.

• Security and Risk Management: BingX adopts comprehensive risk management protocols and uses Sumsub’s 2FA authentication and advanced AI technology to detect potential cyber threats.

• Bank-grade custody solutions: The exchange utilizes bank-grade custody solutions, has undergone security audits from renowned companies such as CertiK and SlowMist, and employs security experts to respond to millions of attack traffic every day.
• Strict Security System: The platform maintains a strict security system, addresses zero-day security holes, regularly reviews the operation and maintenance database, and implements dynamic monitoring of price anomalies to protect users from volatile cryptocurrencies.
• Insurance Fund: This fund mechanism provides financial security for normal transactions and compensates for losses due to unexpected risks.
• Strategic Partnership: The exchange’s collaboration with SlowMist focuses on strengthening security across a range of aspects of the cryptocurrency industry, including research, threat intelligence synchronization, and anti-money laundering efforts. BingX also encourages user engagement in enhancing security through bounty programs and ongoing optimization of security measures.

BingX currently has a BBB rating from CER, which rates the security of cryptocurrency exchanges.

BingX Fees

The trading fee structure varies across different products on the BingX platform. For spot trading, BingX keeps it simple with a maker/taker fee of 0.1%.

For perpetual futures, the maker fee is set at 0.0200%, while the taker fee is slightly higher at 0.0500%. This fee model is consistent across Binance Futures copy trading and futures grids, and users will see the same maker and taker fee rates as perpetual futures.

In contrast, standard futures trading applies a different fee rate, with traders being charged a fee of 0.0450% for each trade.

However, if you meet the qualification criteria for a VIP trader, you can enjoy lower fees on both spot and futures trading.

VIP Fee

Trading fees on the BingX platform vary depending on the user's VIP level, which is determined by the total trading volume or asset value.

Spot Trading Fees

For spot trading, makers and takers are charged fees based on their VIP level. The fees decrease as the trader moves up to a higher VIP level.

For example, a VIP 1 trader with a trading volume or asset value of 1 million USDT or 50,000 USDT or more respectively will receive a reduced fee of 0.0350% for Makers and 0.0600% for Takers. This pattern continues with reduced fees for higher VIP levels, culminating in the Supreme VIP status where Makers pay 0.0050% and Takers pay 0.0200%.

Futures Trading Fees

Futures trading on BingX follows a similar fee structure to spot trading, but with higher requirements.

VIP 1 traders with a minimum trading volume of 10 million USDT or 50,000 USDT will enjoy a fee discount of 0.0140% for Makers and 0.0400% for Takers. This trend is further expanded to higher VIP levels, with Supreme VIPs with a minimum trading volume of 600 million USDT or 50,000 USDT, seeing a maker fee of 0.0000% and a taker fee of 0.0280%.

BingX is a reputable cryptocurrency exchange that offers a wide range of services, advanced trading features, robust security measures, and a competitive fee structure, making it a preferred choice for cryptocurrency traders.

The exchange also offers asset management services through BingX Wealth, allowing users to earn interest on their idle funds with options such as flexible and fixed term products. Additionally, Shark Fin products offer principal-protected return opportunities tailored to the user’s risk appetite.

BingX implements a tiered fee structure for trading, with fees varying based on the user’s VIP level and type of trade. VIP traders receive reduced fees, with higher VIP levels offering additional discounts. The platform prioritizes Know Your Customer (KYC) compliance to ensure a safe and compliant trading environment.