BingX

Overview of BingX

BingX is a centralized cryptocurrency exchange and social trading platform founded in 2018. It serves more than 40 million users and provides access to over 1,000 cryptocurrencies alongside derivatives and selected traditional-market products.

The platform supports spot trading, perpetual futures, Standard Futures, copy trading, trading bots, Earn products, crypto loans, API connectivity, and demo trading. BingX is particularly associated with copy trading, offering both spot and futures copy trading through its Copy Trading Plaza. Users can review lead traders, examine available performance data, and automatically replicate eligible positions. Copy trading still carries market, execution, and strategy risk, and previous results do not guarantee future performance.

BingX uses different fee structures for its products. The standard VIP 0 spot rate is 0.10% for makers and takers. Perpetual futures normally charge 0.02% for maker orders and 0.05% for taker orders. Standard Futures use a 0.045% one-time trading fee that is normally charged when the position closes. VIP status, promotional rates, pair-specific rules, and other fee reductions can change the final amount charged.

The platform also provides TradFi perpetual markets linked to forex, stocks, indices, metals, and commodities. These products provide derivative exposure rather than ownership of the underlying shares, currencies, or physical commodities. Maximum leverage can reach 150x on selected crypto futures and up to 1,000x on certain TradFi perpetual markets, although actual limits depend on the instrument and user eligibility.

BingX supports cryptocurrency deposits, bank-card purchases, P2P trading, bank deposits, and selected fiat deposit and withdrawal services. Available payment methods depend on the user’s country, currency, KYC status, bank, and third-party provider.

Identity verification is required for normal access to key services. Unverified users may be unable to make deposits, use P2P, participate in launch products, or access other platform functions.

For HighFxRebates users, BingX cashback returns 25% of eligible trading commissions. Rebates are credited daily and directly to the user’s BingX account. Cashback is based on the eligible commission actually paid and reported by BingX, so VIP discounts, vouchers, promotional rates, and zero-fee activity can affect the final rebate.

How to Get BingX Rebates with HighFxRebates

• Register for a HighFxRebates account and access your account panel.
• Use the provided link(s) to open a new BingX account.
• Go to your HFR account, click "Crypto Accounts" on the dashboard, and enter your BingX UID in the field.
• Submit the account for review. Once approved and correctly tracked, eligible BingX trading commissions can begin generating cashback. 

Note: Cashback starts only after successful account attribution and approval. Previous trading fees are not rebated retroactively.

Already Have a BingX Account?

If you already have a BingX account, you will need to open a new account using the HFR referral link to receive cashback.

Go to the Add New Account for Cashback section and follow the registration instructions. After opening the new account, enter its BingX UID in the Crypto Accounts section of your HFR dashboard.

• What are BingX cashback and rebates?
  BingX cashback through HighFxRebates returns 25% of eligible trading commissions paid on an approved and correctly linked account.
• How does BingX cashback work?
  BingX reports eligible trading commissions generated by the linked account. HighFxRebates returns 25% of those approved commissions directly to the user’s BingX account.
• How do I sign up?
  Create an HFR account, open a new BingX account through the referral link in your HFR panel, and submit your BingX UID under Crypto Accounts.
• I already have a BingX account. Can I still receive rebates?
  You need to create a new BingX account through the HFR referral link. Accounts already linked to another referral source may not be transferred.
• Which trades qualify?
  Cashback applies only to eligible trading commissions included in BingX’s partner reports. Product eligibility should not be assumed solely because a trade appears in the user’s account.
• When are BingX rebates paid?
  Rebates are paid daily and directly to the user’s BingX account.
• Does cashback change my trading conditions?
  No. Cashback does not alter BingX’s spreads, execution, leverage, fee schedule, funding rates, liquidation rules, or platform access.
• Can cashback stack with VIP discounts or promotions?
  Yes, where BingX permits both benefits. However, cashback is calculated from the final eligible commission actually paid after discounts. A zero-fee trade produces no cashback.
• Is there a fee to join?
  No. HighFxRebates does not charge a registration fee to join the BingX cashback programme.

• What is BingX?
  BingX is a centralized cryptocurrency exchange and social trading platform offering spot markets, futures, copy trading, trading bots, TradFi perpetual markets, Earn products, APIs, and mobile trading.
• When was BingX founded?
  BingX was founded in 2018.
• Where is BingX headquartered?
  BingX does not clearly identify one global headquarters on its current public About page. It operates through multiple entities and serves international markets. Use “Global / Not Specified” rather than presenting Singapore or Australia as its confirmed headquarters.
• Is BingX regulated?
  BingX is not currently authorised under the EU MiCAR framework. StellarExchange Pty Ltd is registered with AUSTRAC as a Digital Currency Exchange provider for limited fiat-related operational and payment-support functions. This registration should not be presented as full regulation of the global BingX trading platform.
• Does BingX offer regulatory deposit insurance?
  No. BingX does not provide government-backed bank deposit insurance. It publishes Proof of Reserves and maintains a separate Shield Fund, but these are not equivalent to regulatory deposit insurance.
• Is KYC required on BingX?
  Yes, identity verification is required for normal and complete access. Users who do not complete KYC may be restricted from deposits, P2P trading, launch products, fiat services, and other features.
• What are BingX’s trading fees?
  The standard spot rate is 0.10% maker and 0.10% taker. Perpetual futures normally charge 0.02% maker and 0.05% taker. Standard Futures normally charge a 0.045% one-time fee when a position is closed.
• Does BingX offer margin trading?
  BingX offers leveraged trading through Standard Futures, perpetual futures, and TradFi perpetual products. It should not be described as offering conventional spot-margin borrowing unless that product is confirmed separately.
• Does BingX support copy trading?
  Yes. BingX provides spot and futures copy trading through its Copy Trading Plaza.
• Does BingX offer social trading?
  Yes. Copy trading, lead-trader profiles, rankings, community information, and trader-discovery tools form part of BingX’s social trading model.
• Does BingX offer a demo account?
  Yes. BingX provides demo futures trading with virtual assets.
• Does BingX provide API access?
  Yes. BingX provides REST and WebSocket APIs for spot, perpetual futures, account data, and automated trading.
• What security features does BingX provide?
  BingX supports Google Authenticator, email and phone verification, passkeys, anti-phishing codes, withdrawal-address whitelisting, account locking, Proof of Reserves, and other account-monitoring controls.
• Does BingX have Proof of Reserves?
  Yes. BingX publishes Merkle-tree Proof of Reserves and provides user verification tools. Reserve snapshots are published regularly.
• Is BingX available in the United States?
  No. The United States and its territories are restricted.
• Is BingX available in Canada?
  No. Canada is included in BingX’s current restricted-jurisdiction list.
• Is BingX available in Japan?
  Japan is not included in the primary restricted-country list reviewed. Japanese users should still verify current KYC, product, and regional eligibility before registering or depositing.
• Does BingX offer customer support?
  Yes. BingX offers 24/7 online customer support, a help centre, email assistance, and support tickets.