BingX Review 2025: Is it Safe & Legit to Trade Crypto?

BingX is What is BingX?What Are the Pros of BingX?

BingX Review 2025: Is it Safe & Legit to Trade Crypto?

BingX Review 2025: Is it Safe & Legit to Trade Crypto?

BingX is What is BingX?What Are the Pros of BingX?What Are the Cons of BingX?What Are the Best Features of BingX?Spot and Futures Trading Perpetual Futures ContractsCopy TradingGrid Trading BotsBingX WealthP2P MarketplaceBingX App ReviewWhat are BingX Fees?Spot TradingFutures TradingDeposit & WithdrawalWhat is the Bingx Withdrawal Limit?BingX VIP FeesIs BingX Safe and Legit for Trading?How to Open an Account at BingXIs KYC Mandatory on BingX?What are the BingX Supported Countries?Is Bingx Available in USA?Does BingX Have Taxes?What Are The Best Alternatives For BingX?

The best alternatives to BingX are Binance, Bybit, Coinbase, and MEXC. The top BingX’s alternatives are summarized in the comparison table below. See how it compares to these exchanges:

Exchange  BingX Binance Bybit Coinbase MEXC
Founded 2018 2017 2018 2012 2018
Founder  Josh Lu Changpeng Zhao (CZ) Ben Zhou Brian Armstrong and Fred Ehrsam
Features Spot Trading

Copy Trading

Grid trading bots

BingX Wealth

P2P marketplace.

Futures and leveraged trading.

Spot Trading

Launchpad and Launchpool

Binance Earn

Low fees

Launchpad

NFT Marketplace

Copy Trading

Trading (spot, futures, and margin).

Staking rewards

Buy, sell, trade, and convert cryptocurrency

Free ACH deposits and withdrawals

Launchpad

Kickstarter

Futures M-Day

Spot Trading

Copy Trading

Margin Trading  Yes Yes Yes No, only through Coinbase Pro. Yes
Leverage  Up to 150x 125x 100x No Leverage 200x
Trading Fees 0.1% maker/taker for spot, 0.02% maker, and 0.05% taker for futures trading. 0.10% for spot trading and 0.50% for instant buy and sell transactions. 0.1% maker and taker orders in spot trading. 0.02% for makers and 0.055% for takers in futures trading. 0.04% for makers and 0.05% for takers. 0.1% for makers and takers. The fees go as low as 0%.
Know Your Customer (KYC) Verification Yes, optional Yes, required Yes, required Yes, required Yes, optional 
Security  2FA, Anti-phishing code, PoR data, Insurance fund, and SSL. 2FA, address whitelisting, and cold storage of crypto. Cold storage and two-factor authentication. 2FA, Cold Storage, and

Insurance. 

2FA, cold storage, and address whitelisting.
Supported Cryptocurrencies and Available Trading Pairs 900+ cryptocurrencies and over 1000 trading pairs. 500+ and 1300+ pairs. 1000+ and 300+ spot pairs. 300+ cryptocurrencies and 400+ trading pairs. 2700+ cryptocurrencies and over 3000+ pairs.
Accepted Payment Methods Credit cards, Apple and Google Pay, bank transfers, and direct crypto deposits. Crypto, local transfers, credit/debit cards, and Binance Pay, and P2P trading. Crypto, credit/debit cards, bank transfers, and third-party services, P2P trading. Crypto, bank transfers, credit cards, and payment platforms. Cryptocurrency, Third party payment providers, P2P trading, and SEPA bank transfers.
Device Compatibility  Mobile and web. Mobile and web. Mobile and web. Mobile and web. Mobile and web.
Restricted Countries  United States, Netherlands, Iceland, Namibia, New Zealand, Japan, China, Bosnia, etc. Not available in the US, UK, and several European countries.

Only available in the US through Binance.Us

Not available in the United States, Canada, Singapore, France, and more. Not available in Afghanistan, China, Cuba, North Korea, Russia, and Venezuela.

Available in the United States.

Not available in North Korea, the United States, Canada, and 10 more countries.

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