Company
ProfileCompany name: BingX Digital Exchange Inc
Founded: 2018Head
OfficeLocation: U.S.
Registered Capital: Undisclosed
Regulatory License: No Valid Regulatory LicenseExecutive
Background: Founder and General ManagerLee, with extensive experience in traditional finance, Internet, and crypto industries.
Advisory Team: Undisclosed
Industry Association Members: Undisclosed
Joint Regulations: BingX does not currently obtain any national or regional financial licenses, and its operating status is not subject to direct supervision by regulatory authorities.
Corporate Structure: Global presence with offices in Asia, Oceania, Europe and South America.
Equity Structure: Undisclosed
BingX is a world-leading cryptocurrency exchange serving more than 10 million users worldwide. Its core business covers commodity trading, derivatives trading, replication trading and asset management, and is committed to meeting the diverse needs of different traders.
Regulatory
InformationBingX has not obtained any national or regional financial licenses, and its operation status is not subject to direct supervision by regulatory authorities.
Unregulated: BingX operates in Singapore, the United States, etc., but has not obtained the relevant financial licenses.
Compliance Risk: Due to the lack of regulatory licenses, users need to carefully select and trade products and services.
BingX's services are not available to residents of the following countries or regions: Canada, mainland China, Hong Kong SAR, Macau SAR, Netherlands, Singapore, United States, United Kingdom, and residents of countries designated as restricted under anti-money laundering/counter-terrorism financing policies.
trading
productsBingX offers a wide range of crypto trading products, including spot trading, perpetual contracts, reverse contracts, and USDT-based contracts.
Spot trading: Supports spot trading in BTC, ETH, XRP, SOL, LTC, DOGE and other crypto currencies.
Perpetual Contract: Provides a perpetual contract based on cryptocurrency, covering BTC, ETH, FIL and other trading pairs.
Reverse Contract: Allows users to use BTC or ETH as collateral to make reverse transactions.
USDT-based contracts: Support BTC/USDT, ETH/USDT and other contract transactions.
Advantages: BingX offers a rich range of trading products to meet the diversified investment needs of users in the crypto market.
trading software
BingX platform supports a variety of trading tools and functions, providing users with a convenient trading experience.
trading platform: supports MT5 trading platform, providing chart tools, technical indicators, quantitative strategies and automated trading functions.
Duplicate Trading: Users can copy the trading strategies of well-known traders and lower the entry threshold.
Risk Management:提供多種保證金模式(如逐倉保證金和交叉保證金),Help users control risk。
Advantages: BingX integrates with external platforms such as TradingView, allowing users to access powerful chart tools for technical analysis.
deposit and withdrawal methodsBingX
supports a variety of crypto currency deposit and withdrawal services.
deposits: Supports more than 700 crypto currencies and trading pairs, and deposits are free.
Withdrawals: Withdrawals of some tokens are subject to online fees. For example, the withdrawal fee for Ethereum (ERC20) is 0.002 ETH and the withdrawal fee for BNB Smart Chain (BEP20) is 0.0005 BNB.
Stable Currency Support: USDT and USDC withdrawals are charged at $28 per pen.
Advantages: BingX provides multi-network support for crypto currencies to meet the needs of users for different payment methods.
Client
supportBingX provides users with comprehensive customer services and educational support.
contact method: Support teams can contact via e-mail ([email protected]) and instant chat.
Social Networks: Users can interact with BingX through platforms such as Telegram, Twitter, Facebook, Instagram, YouTube, and LinkedIn.
Educational Resources: BingX Academy offers articles, videos, and tutorials on crypto currencies, technical analysis, and trading strategies.
Advantages: BingX provides technical support and trading education to users through a variety of channels to help users get started quickly.
core business and services
BingX's core business includes cryptocurrency trading, leveraged trading, and replication trading.
leverage: Leverage trading up to 150x (BTC/USDT) is supported, and the leverage ratio is higher than the industry average.
Copying Trading: Allows users to copy the strategies of well-known traders and reduce operational complexity.
VIP fee service: Provide different levels of VIP services according to the user's transaction volume and account balance to reduce transaction costs.
Advantages: BingX provides users with flexible investment options through a variety of trading tools and high leverage.
BingX
adopts an advanced technical framework to ensure the stability and security of transactions.
trading engine: supports high-frequency trading and low-latency order execution.
Security measures: Adopt technologies such as multi-factor authentication (2FA), cold money storage, and DDoS protection to ensure the security of users' assets.
Advantage: BingX provides users with a smooth trading experience through a strong technology infrastructure.
compliance and risk control
systemAlthough BingX has not obtained any financial licenses, it still protects users' rights through internal risk control measures.
風險管理:提供多種保證金模式和槓桿限制,湫助使用者控制風險。
Asset security: Users' funds are stored in cold money packages to reduce the risk of theft.
風險alert:Crypto trading involves high risk,Users may face loss of principal。
Market Positioning & Competition Advantage
BingX is positioned as a social trading platform serving crypto traders around the world.
Global Layout: Has a wide range of international teams and multilingual support.
Social interaction: Users can interact with the community by replicating transactions and social features to enhance the trading experience.
Advantages: BingX provides users with a unique investment experience through a social trading model.
Client Support & Empowerment
BingX provides support to users through a variety of ways:
Analogy Accounts: Users can practice practice trading through simulated accounts, and there is no need to bear the actual risks.
VIP Service: Differential rates and priority support are available.
>教育資源:BingX Academy provides rich learning materials.
Advantages: BingX helps users improve their trading skills through education and tool support.
social responsibility and ESG
BingX has not yet made explicit social responsibility plans or ESG reports public.
Strategic Collaboration EcosystemBingX
is committed to building diverse partnerships.
sports partnership: In 2024, BingX will become the official partner of the Premier League football club Chersi, marking its first entry into the sports world.
financial health
BingX's financial situation is not publicly available.
Future Roadmap
BingX plans to continue to expand its presence in the global market and explore more crypto trading products and services.
