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BingX

How to trade on BingX

A venue with a derivatives character: there are more futures here than spot pairs, and copy trading is its calling card.

SpreadRadar editors Updated November 12, 2026 5 minutes read about authorship and sources

Who it suits

For anyone trading futures and mirroring other traders

Strengths

  • +Mature copy trading
  • +990+ perpetuals
  • +Cheap withdrawals

Keep in mind

  • !A moderate spot listing — rare coins are usually found elsewhere
Cheapest USDT withdrawal0.15USDTon BSC
USDT pairs631spot
Futures977perpetual contracts
USDT networks11to choose from
P2P66currencies
Live table

Networks, fees and status

Collected straight from the exchange. The fee is quoted in the coin itself and does not depend on the amount — splitting a withdrawal into parts only costs more.

NetworkFee relative to the dearestFeeDepositWithdrawal
Aptoscheapest0.01 USDTopenopen
BSC0.15 USDTopenopen
TON0.15 USDTopenopen
Arbitrum0.5 USDTopenopen
Polygon0.8 USDTopenopen
Ethereum1 USDTopenopen
Solana1 USDTopenopen
Optimism1 USDTclosedclosed
Networks: 11 · deposits open on 9 · withdrawals open on 8
The venue

What BingX is

BingX is a venue with a derivatives character: it carries more perpetual contracts than spot pairs. That tells you most of what you need to know.

Copy trading is the calling card

Rankings, detailed statistics and position sizing matched to your capital. For people who want to take part in the market without making every call themselves.

Futures at the centre

One of the widest ranges of perpetual contracts in our review.

BingX terminal: chart, order book and order panel
BingX terminal: chart, order book and order panel
Services

What else is here beyond plain trading

Copy trading at the centre, with everything a trader needs around it.

Spot trading

Buying one coin for another or for USDT: plain trading, no leverage and no expiry.

631 pairs
Perpetual futures

Leveraged contracts with no expiry date. Funding is charged every few hours — you either pay it or receive it.

977 contracts
P2P

Buying crypto for ordinary money straight from people; the venue holds the coins in escrow until payment is confirmed.

66 currencies
Savings and staking

Yield on coins that just sit there: flexible, withdrawable at any moment, or locked for a term at a higher rate.

Copy trading

Mirroring a chosen trader's deals: their statistics are public and the position size scales to your capital.

Trading bots

Grid trading and averaging configured right in the interface, with no code and no third-party service.

Main draw

Copy trading: watch first, copy later

BingX builds a public feed around trades: you can follow traders without copying them. That is the best way to understand someone's style before you trust them with money.

1Watcha trade feed with no copying
2Check the recorddrawdown, style, history
3Copywith position size matched to your capital
Maximum drawdownlook at this first
History and stylevisible before you copy
Returnnot the only number
Venue character

More futures than spot

The ratio of contracts to spot pairs shows what a venue specialises in: some lean towards futures, others towards spot.

perpetual contractsUSDT pairs
MEXC1,112 / 1,413
Gate1,081 / 2,004
WEEX1,042 / 1,587
BingX977 / 631
Bitget902 / 3,578
Bitunix889 / 534
Binance862 / 518

From the live feeds behind our reviews: perpetual contracts and USDT pairs.

Money

Deposits and withdrawals

The simplest way in is P2P: pick an offer, pay the seller by card, and they release the crypto from escrow. While the trade runs the coins stay frozen and the exchange holds them.

P2P on BingX: offers, limits and payment methods
P2P on BingX: offers, limits and payment methods

Fund through P2P the usual way in

1Pick an advertby price, limits and payment method
2Send the money to the sellerthe details are in the deal window
3The seller releases the crypto from escrowthe coins land in your account
The exchange acts as guarantor: while the deal runs, the coins are frozen and the seller cannot take them back.
P2P rates →

Withdraw over a network the price depends on the network

This is where most money is lost to carelessness: the transfer price depends on the network, not on the amount.

Aptos0.01 USDT
TON0.15 USDT
Arbitrum0.5 USDT
TRON1.5 USDT
×150the gap between the cheapest and the dearest USDT network, from the table above
Fees

Schedules: spot, contracts and eight steps

On spot the reference point is 0.10% for maker and taker, per the venue's historical table. It is a reference rather than a rule: individual pairs and promotions carry their own rates, and the one in force is best read in your own fee schedule.

The venue's core is perpetual contracts, and there the schedule is clearer: 0.02% maker and 0.05% taker for an ordinary user, across an eight-step ladder.

TierMakerTaker
Обычный0.02%0.05%
Elite0.018%0.045%
VIP 10.014%0.04%
VIP 20.012%0.0375%
VIP 30.01%0.035%
VIP 40.008%0.0315%
VIP 50.006%0.03%
Supreme VIP0%0.025%

Rates as published by the exchange on the check date; the tier is recalculated automatically. The table covers perpetual contracts rather than spot. A tier can also be granted on proof of status from another exchange.

A 10,000 USDT position costs 2 USDT as maker and 5 as taker, charged on every fill — on open and on close alike. Funding is counted separately.

A tier can be earned by more than volume

The venue accepts proof of status from another exchange, a trading history and asset value — a route to jumping two steps at once. A temporary pass separately grants a tier for a trial period.

Important

Four different futures markets, not to be confused

BingX runs not one derivatives market but several, each with its own specification.

USDⓈ-M covers perpetuals margined in stablecoins, with cross, isolated and separate-isolated margin modes. Coin-M runs the same perpetuals but with collateral and settlement in the coin itself, so the collateral's value moves with the market. USDC-M is a separate line with its own specification and risk parameters; it cannot be merged with USDⓈ-M.

Standard Futures is a simplified product, and not the same perpetuals under another name: it has its own settlement rules, position structure, leverage parameters, fees and liquidation rules. Part of the copy-trading offering is built on it. Before the first trade it is worth knowing which of the four markets you are in.

In detail

Leverage: 150 to 200, but not everywhere

The model is dynamic. The perpetuals guide gives a 150x maximum, and the futures-grid material the same. For selected TradFi contracts an August 2026 announcement mentions up to 200x.

A tiered margin model applies: the larger the notional, the lower the permitted leverage. The advertised maximum therefore describes a small position rather than promising anything for a large one.

In detail

Order minimums

There is no single minimum. Each pair needs its minimum quantity, minimum notional, tick size and step size with their precisions checked — all served by the venue's spot interface. One figure cannot stand for the whole exchange.

Services

TradFi and temporary promotions

From 28 September 2026 the base rate on TradFi perpetual contracts for certain regions and users was set at 0.02% maker and 0.05% taker. From 19 October a temporary promotion was announced for some users at 0.006% and 0.015%.

Promotional rates are not the platform standard. They apply only to those who received the offer, and only in the regions specified. Seeing such figures in someone else's review does not mean they will apply to your account: check the fee schedule in your own.

Copy trading is strongly developed here — much of the venue's reputation rests on it. It works on both ordinary perpetuals and the simplified product, each with its own parameters and limits.

Reward over the term3.29 USDT
Per day0.11 USDT

We use the exchange's own formula: amount × rate ÷ 365 × term. Put in the rate you see in your account — it changes.

Verdict

Who it suits

Futures traders

The contract range is wider than the spot one.

People who copy trades

Real trader statistics, not just a flattering return figure.

People who want spot bots

Grid strategies with no third-party service.

Keep a second venue for new coins: fresh listings live on MEXC or Gate, leverage lives on BingX. Compare →

FAQ

Frequently asked

What does trading on BingX cost?+

Perpetual contracts are 0.02% maker and 0.05% taker for an ordinary user, across eight steps down to a zero maker fee and 0.025% taker. On spot the reference is 0.10% both ways, though individual pairs differ.

How do Standard Futures differ from the ordinary ones?+

They are a separate product with a simplified interface and their own rules: position structure, leverage parameters, fees and liquidation rules of their own. They cannot be treated as the same thing as perpetual contracts.

What is the maximum leverage on BingX?+

The perpetuals guide states up to 150x, and selected TradFi contracts up to 200x. A tiered model applies: the larger the position, the lower the leverage permitted.

How can a VIP tier be reached faster?+

Besides volume, the venue accepts proof of status from another exchange, a trading history and asset value — that route can lift a user two tiers at once. A temporary pass grants a tier for a trial period.

Do the promotional 0.006% rates apply to everyone?+

No. The promotion from 19 October 2026 on TradFi contracts covers only users who received the offer, and only the regions named. Read your own rate in the account fee schedule.

How is copy trading here different?+

In how it is presented: BingX builds a public feed around trades where you can follow traders without copying them. The statistics are open — return, drawdown, style and history are all visible.

How many futures are there?+

Close to a thousand perpetual contracts — more than spot pairs. This is a venue with a derivatives character, and the live numbers sit in the comparison on this page.

Are there trading bots?+

Yes, grid strategies on spot are configured right in the interface, with no third-party service.

What does a withdrawal cost?+

It depends on the network and starts at hundredths of a USDT. Live figures for every network are in the table at the top of this page.

Methodology and principles of analytical processing

Forming and structuring the data

The analytical system brings disparate market information together into a single structure, accounting for the specifics of trading directions and the individual characteristics of each platform. That keeps the presentation consistent and the key parameters comparable.

Criteria for forming the results

Forming the analytical selection takes into account the completeness, availability and reliability of the source information. Parameters that meet the established processing and confirmation criteria are included in the calculations. Insufficiently substantiated values are not used in the final results.

Currency of the analytical information

The information presented is kept current through regular refreshing and reconciliation of the analytical parameters. How often that happens is determined by the nature of each category of data and the way it is processed.

Comparisons

BingX or another exchange

orBingX or Binance

Binance does everything and does it on the deepest market; BingX focuses on leveraged trading. Scale against focus.

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orBingX or Bybit

Two derivatives terminals. The contract lists on Bybit and BingX look alike, so details decide: fees, withdrawal networks and how the interface feels.

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orBingX or OKX

A terminal against an ecosystem: BingX is stronger at trading itself, OKX at everything around it.

Compare
orBingX or Bitget

BingX is built for contracts; Bitget also covers earn, bots and launches. It comes down to what you need more often.

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orBingX or Gate

You go to Gate for new listings and to BingX for leverage. Picking one is rarely necessary — people keep both.

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orBingX or MEXC

You go to MEXC for new listings and to BingX for leverage. Picking one is rarely necessary — people keep both.

Compare
orBingX or KuCoin

BingX is built for contracts; KuCoin also covers earn, bots and launches. It comes down to what you need more often.

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orBingX or HTX

A terminal against an ecosystem: BingX is stronger at trading itself, HTX at everything around it.

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orBingX or WEEX

BingX and WEEX play the same game. The difference shows up in transfer costs and in where a position is calmer to hold.

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orBingX or Toobit

BingX and Toobit play the same game. The difference shows up in transfer costs and in where a position is calmer to hold.

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orBingX or LBank

LBank collects new coins, BingX collects leverage and contracts. Different jobs, usually done on different venues.

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orBingX or Kraken

Kraken is good at the way in and out of real money, BingX where leverage and contracts are needed. Not an either-or.

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orBingX or WhiteBIT

WhiteBIT is good at the way in and out of real money, BingX where leverage and contracts are needed. Not an either-or.

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orBingX or Phemex

BingX and Phemex play the same game. The difference shows up in transfer costs and in where a position is calmer to hold.

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orBingX or XT.com

A terminal against an ecosystem: BingX is stronger at trading itself, XT.com at everything around it.

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orBingX or KCEX

BingX is built for contracts; KCEX also covers earn, bots and launches. It comes down to what you need more often.

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orBingX or Ourbit

BingX is built for contracts; Ourbit also covers earn, bots and launches. It comes down to what you need more often.

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orBingX or BigONE

A terminal against an ecosystem: BingX is stronger at trading itself, BigONE at everything around it.

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orBingX or Crypto.com

A terminal against an ecosystem: BingX is stronger at trading itself, Crypto.com at everything around it.

Compare
orBingX or Hotcoin

A terminal against an ecosystem: BingX is stronger at trading itself, Hotcoin at everything around it.

Compare
orBingX or Pionex

BingX is built for contracts; Pionex also covers earn, bots and launches. It comes down to what you need more often.

Compare
orBingX or HIBT

BingX is built for contracts; HIBT also covers earn, bots and launches. It comes down to what you need more often.

Compare
orBingX or Zoomex

A terminal against an ecosystem: BingX is stronger at trading itself, Zoomex at everything around it.

Compare
orBingX or Bitunix

BingX is built for contracts; Bitunix also covers earn, bots and launches. It comes down to what you need more often.

Compare
orBingX or xRocket

A terminal against an ecosystem: BingX is stronger at trading itself, xRocket at everything around it.

Compare
orBingX or BloFin

Two derivatives terminals. The contract lists on BingX and BloFin look alike, so details decide: fees, withdrawal networks and how the interface feels.

Compare
orBingX or CoinW

Two derivatives terminals. The contract lists on BingX and CoinW look alike, so details decide: fees, withdrawal networks and how the interface feels.

Compare
orBingX or Coinstore

Coinstore collects new coins, BingX collects leverage and contracts. Different jobs, usually done on different venues.

Compare
orBingX or Deepcoin

BingX and Deepcoin play the same game. The difference shows up in transfer costs and in where a position is calmer to hold.

Compare

BingX in our scanners: the spot spread, the futures gap, funding rates, P2P rates.

Other reviews

Other exchanges

WEEX

A venue that publishes its rate for every pair and runs a public thousand-bitcoin reserve fund. Operating since 2018.

Read the review
Toobit

The youngest venue in our review. What people come here for is the exact funding time on every contract.

Read the review
LBank

Running since 2015, with early listings as its signature: new coins often appear here before they reach the large venues.

Read the review
Kraken

One of the oldest exchanges in the world and one of the few quoting in real bank dollars rather than a stablecoin. Running since 2011 under US regulation.

Read the review

Venue names on this page link to the exchanges through affiliate links: if you sign up through them, we earn a commission from the exchange. It changes nothing in the tables or in the review — those are collected automatically and identically for every venue.