Back to exchange list
Rank #13 Social trading

BingX

BingX is aimed at traders who want social and copy-trading workflows with competitive fees, while users seeking maximum brand maturity or deepest institutional liquidity may look higher up the rankings.

7.9 ExchangeRank Score 4,200+ user reviews
Visit Website
Spot Fee
0.10%
Futures Fee
0.02%
Coins
700+
App Rating
4.3

Key Features

  • Spot trading
  • Futures
  • Social trading
  • Copy trading
  • Grid trading
  • Staking

Rating Snapshot

Security 7.9/10
Fees 9.0/10
Ease of Use 7.3/10
Asset Variety 8.1/10
Futures 7.7/10
Support 5.6/10

Fee Breakdown

Fee Type Rate
Spot Trading (Maker) 0.10%
Spot Trading (Taker) 0.10%
Futures (Maker) 0.02%
Futures (Taker) 0.02%
Withdrawal Fee Varies by asset
Deposit Fee Free (crypto)

Pros & Cons

Pros

  • Clear product focus on social and copy trading
  • Competitive fee base around 0.10% spot and 0.02% futures
  • Approachable interface for intermediate strategy followers
  • Broad enough market list for multicoin use
  • Useful alternative when guided trading is the main need

Cons

  • Brand maturity still trails top-tier global names
  • Liquidity is thinner than the largest venues
  • Copy strategies can hide leverage and drawdown risk
  • Support is not a primary reason to choose the platform

User Reviews

N

Noah S.

Google Play 2026-02-03

Copy trading is easy to start, but I had to cut losing leaders quickly.

A

Aisha M.

App Store 2025-12-21

Clean enough for social strategies. Not my main deep-liquidity venue.

B

Ben C.

Trustpilot 2025-11-08

Fees are fine. Brand trust still feels mid-tier.

L

Lina P.

Trustpilot 2025-09-25

Good for learning market behavior through followed traders with small size.

Top Alternatives

Full Review

BingX is a cryptocurrency exchange founded in 2018 that has built its identity around social and copy trading. Ranked 13th in our exchange comparison, the platform offers a broad selection of trading products and competitive pricing, though it is still working to establish the same level of trust as the industry's top-tier names. This review breaks down what BingX delivers in terms of costs, security, asset variety, and overall user fit.

Fees and Trading Costs

BingX scores well on fees, earning a 9.12 out of 10 in our fee evaluation. The cost structure is straightforward:

  • Spot trading: 0.10% for makers and takers
  • Futures trading: 0.02% for makers and takers

The futures rate is notably low compared to many mid-tier competitors, making BingX an attractive option for derivatives-focused traders. A VIP tier system is in place that can reduce fees further based on trading volume and token holdings. Withdrawal fees vary by asset but generally align with industry norms.

Security and Trust

BingX receives a security score of 8.5 out of 10, which indicates solid protective measures are in place. However, the platform is still in the process of building broader brand trust within the crypto community. As a relatively younger exchange operating since 2018, it hasn't yet accumulated the long track record that established platforms carry. Users should weigh the strong security score against the fact that BingX's reputation is still maturing compared to top-tier exchanges.

Supported Assets and Trading Products

With over 700 supported cryptocurrencies, BingX earns a variety score of 7.69 out of 10. The platform offers a diverse set of trading products:

  • Spot trading across major and alternative digital assets
  • Perpetual futures contracts with leverage options
  • Copy trading that replicates strategies of selected traders
  • Social trading tools for community-driven insights
  • Grid trading for automated strategies
  • Staking services for passive yield

The futures offering scores5 out of 10, reflecting adequate functionality but thinner liquidity compared to the largest exchanges. The mobile app is available on both iOS and Android with a user rating of 4.3 stars, and the interface earns an ease-of-use score of 6.5 out of 10.

Who Should Use BingX

BingX is best suited for traders who value social and copy trading functionality. If you want to follow and replicate the strategies of other traders without building your own system from scratch, this platform is purpose-built for that use case. It also works well for:

  • Newer traders drawn to a clean, accessible interface
  • Futures traders looking for low maker/taker fees at 0.02%
  • Users who want access to a wide variety of altcoins (700+)
  • Traders interested in automated grid strategies or staking alongside active trading

Limitations and Risk

  • Liquidity: Order book depth is thinner than top-tier platforms, which can mean more slippage on large orders.
  • Brand trust: BingX is still establishing its long-term reputation. Its overall score of 3.29 reflects that it has room to grow in areas like customer support (scored 3 out of 10) and community size.
  • Community: A smaller user base means fewer social trading signals and potentially less diverse copy trading options compared to larger competitors.
  • Support: Customer support scores low at 3 out of 10, which could be a concern for users who need responsive help.

As with any exchange, users should practice sound risk management, avoid over-leveraging, and never store more funds on a centralized platform than they can afford to lose.

FAQ

What are BingX's trading fees?

BingX charges 0.10% for spot trades and 0.02% for futures trades. VIP tiers and promotional programs can reduce these costs further based on volume and holdings.

Is BingX safe to use?

BingX scores 8.5 out of 10 for security in our evaluation, suggesting solid measures are in place. However, the platform is still building broader industry trust since its 2018 founding, and it does not yet carry the same track record as established top-tier exchanges.

How many cryptocurrencies does BingX support?

BingX supports over 700 cryptocurrencies for spot trading, along with futures contracts on popular digital assets. This gives users extensive options across both major coins and altcoins.

Sources: ExchangeRank source data, official exchange website, app store and Trustpilot references when available.

Our Verdict

Use BingX if intermediate users who want social and copy-trading workflows. Avoid it if users who need maximum regulated comfort or deepest books. Confirm real-time trading fees and local access on the official website before depositing.

Official Website

Website URL bingx.com