No Regulation

Score

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/10

BingX

Vietnam

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://bingx.vn/

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BingX
https://bingx.vn/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

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Company Name
BingX
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WikiBit Risk Alerts

1
Previous Detection 2024-09-07

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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4 ratings

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คณาวุฒิ ศรศิลป์
I'm not happy with BingX. The trading fees are very high and the support is poor. It was wrong to think that there would be a bright future.
2023-11-09 22:08
3
Kingsleys
Giving BingX a shot was interesting. Its user-interface is sleek but the price volatility can be a rollercoaster ride.
2024-03-23 23:57
8
FX1065630513
The interface of BingX leaves a deep impression, it is clean, intuitive, and very suitable for beginners to use. Compared to other trading platforms, its trading liquidity is very impressive, with almost no delay and high efficiency. At the same time, I also noticed BingX's impressive innovative approach, especially its fund security strategy, which makes me feel very safe and comfortable during the trading process. Another aspect worth mentioning is their excellent customer support, always quick and helpful in their responses. I am glad I chose BingX and I will continue to trade on this platform and recommend it to my friends.
2024-01-10 11:25
2
Online Raketeroo
Which country did bingx has a license to operate?
2023-02-23 17:16
0

BingX, a leading cryptocurrency exchange, has set its sights on Vietnam as a key market in its global expansion strategy, known as ExpansionX. The exchange, which has been active in Vietnam since 2023, has shown a strong commitment to the region through various initiatives, including a “Childrens Future” charity campaign that built a school for underprivileged children in Vietnam's Highland region . BingX has also been a consistent sponsor of major blockchain and crypto events in the country, reflecting its dedication to fostering a secure and innovative crypto ecosystem . With over 10 million users worldwide, BingX offers a range of products and services tailored for traders of all levels, from spot and derivatives to copy trading and asset management . The exchange's global presence was further solidified in 2024 with a partnership with Chelsea Football Club .

Security

BingX is recognized for its strong commitment to security, being licensed by various regulatory bodies such as the Financial Crime Investigation Service (FSIC) and the Australian Transactions and Reports Analysis Centre (AUSTRAC) . The platform uses advanced encryption technology to protect user data and transactions, employs two-factor authentication (2FA), and supports withdrawal address whitelisting to enhance account security . BingX also maintains a bug bounty program for security researchers, offering rewards for identifying vulnerabilities on the platform, and has a strategic partnership with cybersecurity firm SlowMist for additional security measures . Furthermore, BingX provides 100% proof of reserves, verified by Mazars, demonstrating transparency and financial stability .

Exchange rates/fees

BingX offers a variety of trading services with specific fee structures. Spot trading fees are 0.1% for both maker and taker orders, while futures trading sees maker fees ranging from 0.02% to 0.05% and taker fees up to 0.05%. Deposits are free, but withdrawals via certain blockchain networks may incur gas fees, and credit card purchases of crypto incur a fee of approximately 6.5%. Users should check BingX's official platform for the most current fee details .

APP Android how to buy

To purchase the BingX APP on Android, you can find it in the Google Play store by searching for “BingX.” Once located, simply click to install the app. Alternatively, you can visit the BingX official website, where you can scan a QR code with your phone's camera app to be redirected to the download page, and then select “Google Play” or the “Android APK” to download the installation package directly .

Apple how to buy

To purchase the BingX APP on iOS, you can find it by searching for “BingX” in the App Store and clicking “Get” to install the app. Alternatively, you can visit the BingX official website and scan the QR code with your device to be redirected to the App Store download page. If you prefer the beta version, you can click the “iOS Beta” button and follow the provided tutorial to complete the installation .