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BingX review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

BingX suits active traders who want a long coin list and a low flat trading fee on a custodial central exchange. Taker fees of 0.1% sit below the 1% at eToro and the 2.25% at Vivid Plus, while 602 listed coins and published proof of reserves widen the appeal.

Key facts

Best for
Low flat trading fees and a long coin list on one custodial exchange
Taker fee
0.1%↗
Coins listed
602↗
Maker fee
0.1%↗
Proof of reserves
Yes↗
Derivatives
Yes↗
Exchange type
Cex↗
Founded
2018↗
Support channels
Chat, Help-centre↗
Features
Custodial
Official website
bingx.com

Facts checked September 26, 2026, 5 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Trading is priced at a taker fee of 0.1% and a maker fee of 0.1%, low against the other brands here
  • A coin list of 602 gives real breadth for spot trading
  • Derivatives and spot sit on the same account, so no second platform is needed
  • Proof of reserves is published, giving holders something to check

Cons

  • Support runs on chat and help centre, with no phone line or email in that list
  • Accounts are custodial, so coins sit on the platform rather than in a wallet you hold
  • Retail losses are the norm in this market, with 70.15% typical across the brands on the site
BingX

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Who it suits

  • Traders placing frequent orders, where a flat taker fee of 0.1% keeps costs predictable
  • Readers who want a long catalogue, since 602 coins are listed for spot trading
  • People who prefer exchange custody to running their own wallet, accepting the platform holds the keys

Who should look elsewhere

  • bunq, if crypto trading cost is the deciding factor, since its taker fee runs 0.25% to 1.99% against 0.1% here
  • eToro, whose taker fee of 1% is a multiple of the 0.1% charged here, so cost favours BingX
  • Vivid Plus, where the listed crypto rate of 2.25% sits far above the 0.1% taker rate here

Fees and currency costs

Trading costs sit at a taker fee of 0.1% and a maker fee of 0.1%, the same rate whichever side of the order you sit on. That is a low headline rate against 1% at eToro, 0.25% to 1.99% at bunq and 2.25% at Vivid Plus. Fees are charged per trade, so high volume compounds.

Who runs it

BingX has been operating since 2018, so it is an established name rather than a recent launch. Support is built around chat and help centre: the help centre carries the routine questions, and live chat handles the rest. That mix suits readers content to work through self-serve articles, with a queue behind anything urgent.

How BingX compares

Frequently asked questions

What does it cost to trade on BingX?+

Trading is charged at a taker fee of 0.1% and a maker fee of 0.1%. That is the headline rate for the exchange account, and the same fee applies to buys and sells, so cost does not change with order type. Fees are charged per trade, so frequent trading adds up quickly.

How does that fee compare with the other options?+

BingX charges a taker fee of 0.1%, against 0.25% to 1.99% at bunq, 1% at eToro and 2.25% at Vivid Plus. On headline trading cost, BingX is the cheapest of the group. Maker fees of 0.1% hold the same level when you add liquidity.

How many coins can I trade?+

BingX lists 602 coins, a deep catalogue for a centralised exchange and the main reason many readers look here. On the site ranking for coins listed, BingX sits at 22 of 176 brands, so the range sits above the middle of the field.

Who holds the coins I buy?+

BingX is custodial, listed under custodial, so coins sit on the exchange rather than in a wallet you control. That is the standard model for centralised exchanges, and it means a compromised exchange account is a real risk. Proof of reserves is published, which gives you something to check against.

Does BingX offer derivatives as well as spot?+

Derivatives are offered alongside spot trading, and BingX runs as a central exchange, so trades settle on the platform rather than between wallets. Taker fees of 0.1% apply across the account, and derivative positions carry their own risk of losses moving faster than spot.

How do I get help if something goes wrong?+

Support runs through chat and help centre: a help centre for routine questions and live chat for account issues. There is no phone line in that list, so urgent problems such as a stuck withdrawal depend on chat response times rather than a direct line.

Is trading crypto on an exchange worth it?+

Trading risk matters more than cost here. Across the site, a typical retail trader loses 70.15% of the amount put in, and the range runs 40.3% to 88%. A low fee does not offset that, whatever the coin list.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Regulators, Fiat deposit methods.

BingX

BingX

Low flat trading fees and a long coin list on one custodial exchange

9.1/10Visit