Ranked in 3 of 16 countries · Exchange
BingX Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan Verified No affiliate links
- Taker fee0.10%
- Maker fee0.10%
- Coins624
- CustodyCustodial
- Founded2018
- Headquarters— Not verified
Our verdict
BingX is a centralized exchange founded in 2018 and known for copy trading and perpetual futures. It lists about 620 spot coins at a flat 0.1% fee, publishes monthly Merkle-tree reserve reports, and runs P2P fiat markets. A September 2024 hot-wallet attack was absorbed from company funds.
Pros
- Flat 0.1% spot fee for every user
- Monthly Merkle-tree reserve reports with ratios
- Large copy trading and futures offering
Cons
- Headquarters not disclosed on official pages
- Hot wallet hacked in September 2024
Where BingX works
| Country | Status | Rank | Local licence |
|---|---|---|---|
| Australia | Available | #8 of 25 | BingX Global Pty Ltd (ABN 31 646 052 244), registered with AUSTRAC as a virtual asset service provider |
| Serbia | Available | #10 of 24 | — Not verified |
| Ukraine | Available | #8 of 22 | — Not verified |
| Canada | Not available | — | — Not verified |
| India | Not available | — | — Not verified |
| Turkey | Not available | — | — Not verified |
| USA | Not available | — | — Not verified |
How secure is BingX?
- Proof of reserves
- Yes - monthly Merkle-tree PoR (BTC, ETH, USDT, USDC); latest report found 2026-06-15, BTC ratio 146%
- Custody
- Custodial
Incidents since 2019
- 2024hackOn 20 Sep 2024 BingX's hot wallet was attacked; BingX called the loss minor and covered it from its own funds, while outside analysts estimated about $43-52M.
Crypto held on a platform is generally not covered by deposit insurance.
What you can do on BingX
- Spot
- Futures
- Earn
- Copy trading
- P2p
Products can differ by country; check what the platform offers where you live.
BingX FAQ
Where is BingX available?
Among the countries we cover it accepts residents of Australia, Serbia, Ukraine. It is not available in Canada, India, Turkey, USA.
What are BingX's trading fees?
At the base tier of its main order book BingX charges 0.10% maker and 0.10% taker. Volume tiers and promotions can lower this.
Is BingX regulated?
Australia: BingX Global Pty Ltd (ABN 31 646 052 244), registered with AUSTRAC as a virtual asset service provider.
Does BingX publish proof of reserves?
Yes - monthly Merkle-tree PoR (BTC, ETH, USDT, USDC); latest report found 2026-06-15, BTC ratio 146%
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.