BingX Leverage Risk Calculator
Potential Value: $105.00
Profit/Loss: $5.00
Margin Required: $80.00
Liquidation Price: $29,400.00
Risk Level: High
Note: Liquidation occurs when your margin falls below required level. At 125x leverage, small price movements can trigger liquidation.
When you’re looking for a crypto exchange that does more than just let you buy Bitcoin, BingX stands out - especially if you care about copy trading, AI tools, and trading across crypto, gold, and forex in one place. But is it right for you? Let’s cut through the noise.
What BingX Actually Offers in 2025
BingX isn’t just another crypto exchange. It’s built for traders who want to move fast and use smart tools. Since its rebrand from Bingbon in 2021, it’s grown into a platform that handles over 350 cryptocurrencies, 40,000+ elite traders for copy trading, and even lets you trade gold and EUR/USD alongside crypto. That’s rare. Most exchanges stick to crypto only. BingX throws in commodities and forex, turning it into a one-stop trading hub.
Its biggest claim? Being the first exchange to go all-in on AI. In January 2025, BingX announced a $300 million investment over three years to embed artificial intelligence into every part of the platform. That means AI-generated trading signals, automated risk alerts, and personalized learning paths for new users - all rolling out through 2025 and 2026. It’s not marketing fluff. They’ve already started testing AI-driven trade suggestions in their mobile app, and early users report seeing better entry/exit timing.
Copy Trading: Where BingX Shines
If you’ve ever thought, “I wish I could just copy what the pros are doing,” BingX makes that easy. With over 40,000 elite traders you can follow in real time, it’s the largest copy trading network among major exchanges - bigger than eToro’s 8,000 Popular Investors. You don’t need to understand technical analysis. Just pick a trader with a strong track record, set how much you want to copy, and hit go.
TrustPilot users give BingX a 4.7/5 for copy trading, with comments like “I copied a trader who made 18% in a week - no stress, no research.” Reddit users in r/CryptoCurrency have shared similar wins. But there’s a catch: during big market swings, like Bitcoin’s April 2025 surge, some users reported slight delays in trade execution. It’s not broken - just slower under pressure. For most, it’s still the easiest way to start trading without learning charts from scratch.
Trading Features: Spot, Futures, and More
BingX supports spot trading with a 0.1% fee (as low as 0.02% for high-volume traders) and futures trading with up to 125x leverage. That’s high - even higher than Bybit or OKX. But leverage isn’t for beginners. If you’re new, use the demo account. It’s fully functional, with $10,000 in virtual funds, and lets you test futures, copy trading, and dual investment products without risking real money.
Dual investment products are another hidden gem. You lock up your crypto (like BTC or ETH) for a set time and earn interest in another asset - say, you lock BTC and earn USDT. It’s like staking, but with more flexibility. Cross-margin trading lets you use your entire portfolio as collateral across open positions, which advanced traders love.
Then there’s ChainSpot - a feature most exchanges don’t have. It lets you interact with on-chain tokens (like new DeFi coins) without needing to connect a separate wallet. Everything happens inside the BingX app. No Metamask, no gas fees, no confusion. It’s a big deal if you’re tired of juggling wallets.
Security and Regulation: The Big Question
BingX is registered in Singapore, but it doesn’t hold licenses from the SEC, FCA, or other major regulators. That’s a red flag for some. The platform uses cold storage for 95% of user funds, two-factor authentication, and regular security audits - but they don’t name the audit firms. That lack of transparency worries experts. Cryptowisser gives BingX a 3.7/5, mainly because of this.
And here’s the hard truth: BingX doesn’t allow users from the United States. If you’re in the U.S., you can’t sign up. Even if you use a VPN, your account will get flagged and frozen. So if you’re American, this isn’t an option. For everyone else - Southeast Asia, Europe, Latin America - it’s widely used. Over 42% of users are from Southeast Asia, 28% from Europe, and 19% from Latin America, according to BingX’s 2024 report.
App, Support, and User Experience
The BingX app is clean, fast, and works the same on iOS and Android. It has a 4.6/5 rating across both stores with over 100,000 downloads. New users find it easy to navigate, and the demo account is prominently placed on the home screen. The interface scored 8.2/10 from CaptainalCoin for usability - one of the highest in the industry.
But customer support? That’s where it stumbles. Users report waiting 48 to 72 hours for email replies during volatile markets. One Reddit user, BitcoinBeginner2024, had a withdrawal stuck for 72 hours during Bitcoin’s April spike. 12% of TrustPilot complaints mention slow support. Telegram and Discord communities are active (45K and 28K members respectively), and you’ll often get faster help there - but it’s not official support.
KYC verification takes 24 to 48 hours, which is normal. But if your documents are blurry or mismatched, it can take longer. Make sure your ID is clear and matches your account info exactly.
Who Is BingX For? Who Should Avoid It?
Use BingX if:
- You’re outside the U.S. and want to trade crypto, gold, and forex in one place
- You want to copy trade with thousands of proven traders
- You’re comfortable with leverage (125x) and derivatives
- You like AI-powered tools and don’t mind a platform that’s still evolving
- You prefer mobile trading and hate switching between apps
Avoid BingX if:
- You’re in the United States - it’s blocked
- You need instant customer support for urgent issues
- You’re risk-averse and hate high-leverage trading
- You want a fully regulated exchange with SEC/FCA compliance
- You’re only interested in spot trading and don’t care about copy trading or AI
How BingX Compares to the Big Players
Here’s how BingX stacks up against top exchanges as of mid-2025:
| Feature | BingX | Binance | Bybit | eToro |
|---|---|---|---|---|
| Copy Traders | 40,000+ | 15,000+ | 10,000+ | 8,000 |
| Max Leverage | 125x | 125x | 125x | 20x |
| AI Tools | Yes, $300M investment | Basic AI signals | None | No |
| Commodities & Forex | Yes | No | No | Yes |
| U.S. Access | No | No | No | Yes |
| 24h Derivatives Volume | $11.5B | $39.5B | $8.7B | $2.1B |
| Best For | Copy trading, AI, multi-asset | Volume, liquidity, low fees | Beginner futures | Beginners, regulated |
BingX doesn’t beat Binance in volume or liquidity, but it beats everyone in copy trading scale and AI ambition. If you’re not in the U.S. and want to trade like a pro without learning everything yourself, BingX is the most powerful tool out there.
Final Verdict: Worth It?
BingX is a high-performance platform built for active traders who want speed, social features, and AI help. It’s not for passive investors or people who need regulatory safety nets. If you’re outside the U.S., want to copy top traders, and don’t mind a little risk, it’s one of the best choices in 2025.
The AI push could make it a leader in the next five years - if they can keep the platform stable and solve the support delays. For now, it’s a powerful, slightly rough-around-the-edges tool that rewards users who know how to use it.
Is BingX safe to use?
BingX uses cold storage and two-factor authentication, and it’s registered in Singapore. But it doesn’t have licenses from major regulators like the SEC or FCA. That means it’s not legally protected in the same way as U.S.-based exchanges. Your funds are generally secure, but you’re taking on regulatory risk. Only use money you’re willing to lose.
Can I use BingX if I’m in the United States?
No. BingX explicitly blocks U.S. users. Even if you try to sign up with a VPN, your account will be flagged and frozen. There’s no workaround. If you’re in the U.S., look at Coinbase, Kraken, or Bitstamp instead.
How does copy trading work on BingX?
You browse a list of elite traders with real-time performance stats. Pick one, set how much you want to copy (e.g., 0.1 BTC), and turn on the feature. Every trade they make, you make - automatically. You can stop or adjust anytime. You’re not copying their wallet - you’re copying their trading strategy in real time.
What’s the fee structure on BingX?
Spot trading is 0.1% per trade. Maker fees (orders that add liquidity) can drop as low as 0.02% for high-volume traders. Futures trading fees vary by leverage and position size. There are no fees for depositing crypto, and withdrawals have small network fees (paid to the blockchain). Instant asset conversion is free.
Does BingX have a demo account?
Yes. The demo account gives you $10,000 in virtual funds to practice spot, futures, and copy trading. No real money is involved. It’s perfect for beginners to test features before risking their own capital.
How fast are withdrawals on BingX?
Most crypto withdrawals process within 10-30 minutes. But during high volatility or peak traffic, delays can happen. Some users report 72-hour delays during major market events, often tied to manual security reviews. Always withdraw small amounts first to test.
Is BingX better than Bybit or OKX?
It depends. If you want the most copy traders and AI tools, BingX wins. If you want the highest liquidity and lowest fees, Bybit and OKX are stronger. BingX is more social and intuitive for beginners using copy trading. Bybit and OKX are more technical and better for advanced algorithmic traders.
If you’re outside the U.S., want to trade smart, and don’t mind a platform that’s pushing boundaries, BingX is worth a try. Start with the demo account. Copy one trader for a week. See how it feels. Then decide if it’s the right fit.
12 Comments
Just tried the demo account and copied a trader who hit 14% in 3 days. No stress, no chart reading. BingX is weirdly intuitive for someone who just wants to make money without becoming a finance nerd.
AI signals? More like AI wishful thinking. I’ve seen these ‘revolutionary’ tools before. They’re just trend-following bots with fancy labels. Wait till the next bear market and see how many ‘elite traders’ vanish.
Chris is right. The AI stuff feels like marketing smoke. But the copy trading? That’s real. I’ve watched 3 traders over 6 weeks. Two lost everything. One made 40%. You still gotta pick wisely. No magic wand here.
I’m American and I can’t use it, but I’ve been watching from the sidelines. The multi-asset thing is actually smart. Crypto + gold + forex in one app? That’s the future. Wish I could join.
Oh, please. 'AI-driven trade suggestions'? You mean they’re using ChatGPT to generate buy/sell alerts? And you call that innovation? This is why retail traders lose money-they believe in fairy tales wrapped in blockchain jargon.
It’s not about the AI or the copy trading-it’s about the structure of power. Who gets to be an 'elite trader'? Who controls the algorithm that ranks them? The platform doesn’t just facilitate trading-it creates a new hierarchy of financial discipleship.
I appreciate the demo account. I’m a beginner and I was terrified to jump in. Tried copying someone with a 9-month track record. Lost 3% in a week. Learned more than I would’ve from any YouTube video. Worth it.
48-hour support delays? That’s unacceptable. I had a $12,000 withdrawal stuck during the Bitcoin rally. They didn’t reply until after the market crashed. That’s not ‘slow’-that’s negligence.
bunch of hype bro the copy trading is just herd mentality and the ai is just rebranded moving averages dont be fooled by the numbers
Singapore registration? That’s a shell. They’re just avoiding U.S. regulation because they know they’re a Ponzi with leverage. 125x? That’s not trading-it’s gambling with your retirement. And don’t get me started on the U.S. ban-they’re deliberately targeting the poor and desperate.
I trusted BingX. I followed a trader with 98% win rate. He blew up. I lost everything. Then I tried to withdraw my remaining 0.2 BTC and got ghosted for 72 hours. I’m not angry-I’m devastated. This isn’t finance. It’s a casino with a website.
People act like BingX is the answer. But no one talks about how they profit from your copy trading fees. The 'elite traders' are probably bots or insiders. The platform makes money when you lose. Always remember: the house always wins.