AUSTRACActive
Australia Virtual Asset Service Provider (VASP)
BingX
Regulated in Australia
Virtual Asset Service Provider (VASP)
Global Business
Risk Fund
Proof of Reserves
Crypto Lending Support
Basic Information
Country/RegionUnited Kingdom
Exchange AbbreviationBingX
Company NameBingX
Operating Period5-10 years
Websitehttps://www.bingbon.com/
Exchange TypeCentralized Exchange
RiskNotice
4 risk alerts
- License No.
- 646052244
- Regulatory Jurisdiction
- Australia
- Licensed Entity
- BINGX GLOBAL PTY LTD
- Effective Date
- --
- Sharing Status
- No
User Feedback
10
After using the platform for several months, I appreciate that the standard contract system is simple and user-friendly. However, I still advise against using BingX. Essentially, if you are making money, your account will inevitably be subjected to risk control measures, regardless of whether you have completed KYC or not. If you're lucky, you might be able to withdraw your funds after the restrictions are lifted, but in severe cases, you may find yourself unable to log into your account within a few days.
The interface design of BingX is simple and clear, making it easy to operate. However, I think their customer support could be better, sometimes the response is too slow.
Asset Reserves
Exchanges with reserves exceeding 77.04%
15 /100
$968,950,000
USDT$501.58M
Capital flows
Exchanges with 24H inflows exceeding 79.99%
3 /100
+$5,467,702.11
0.56% StableTrading Volume
Exchanges with 24H trading volume exceeding --
0 /100
$627,080,000
0.15% | Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
 | BTC/USDT | $79,055.17 | 2.19% | $310,827,952.2 | $12.17M/$6.22M | 843 |
| ETH/USDT | $2,481.37 | 1.40% | $158,395,457.66 | $5.67M/$4.78M | 756 |
| USDC/USDT | $1.00 | 0.02% | $110,875,620.49 | $10.43M/$44.36M | 920 |
| SOL/USDT | $96.30 | 1.21% | $18,021,674.78 | $3.58M/$2.79M | 676 |
| XRP/USDT | $1.48 | 1.72% | $15,472,393.73 | $2.20M/$1.64M | 685 |
| RAINPROTOCOL/USDT | $0.0148908 | 6.47% | $7,760,575.96 | $13.23K/$39.72K | 382 |
| GOMINING/USDT | $0.33722044 | 5.95% | $7,237,242.29 | $600.22/$3.01K | 287 |
| HYPE/USDT | $77.32 | 4.36% | $7,198,582.21 | $354.15K/$502.28K | 597 |
| USD1/USDT | $1.00 | 0.01% | $7,158,965.76 | $12.86M/$25.67M | 811 |
| REAL/USDT | $0.08328505 | 2.16% | $6,306,909.22 | $58.98K/$63.38K | 539 |
Exchange Overview
Exchange Overview
What is BingX?
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals.
BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became Chelsea FC's principal partner, marking an exciting debut in the world of sports.
Who founded BingX?
Lee is the founder and general manager of BingX. He has been deeply involved in traditional finance and the Internet industry for many years. He has rich entrepreneurial experience and entered the crypto industry in 2013, inspired by the spirit and culture of fairness, democracy, cross-country and regional cooperation, inclusiveness and self-motivation. Since its inception, BingX has been committed to creating a social trading platform that allows more people to easily enter the crypto trading world.
Where is BingX located?
BingX is a global digital Financial Services company with offices in Asia, Oceania, Europe and South America.
BingX Restricted countries
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 (including all US territories), United Kingdom, any country that is designated as a restricted country under BingX' AML/CTF policy.
What currencies do BingX support?
The centralized exchange supports over 700 cryptocurrencies and over 700 trading pairs. The most popular crypto assets on the platform include BTC , ETH , XRP , SOL, LTC , DOGE , etc.
What is BingX's handling fee?
The exchange spot trading pending orders charge 0.1% handling fee, futures trading pending maker orders and taker orders up to 0.02% and 0.05% respectively. There are no fees for deposits.
Can leverage or margin trading be used on BingX?
Users can use up to 125 times leverage to trade crypto futures, including BTC/USDT, ETH/USDT, FIL/USDT, and various perpetual futures. In addition, the exchange also provides full position margin and position-by-position margin.
Business Region
InfluenceAA0
2
4
6
8
10
Deposit/Withdrawal
Trade TypeP2P
InstrumentP2P
Supported Fiat
Minimum Deposit$10
Payment MethodA-Bank、ACLEDA、BBVA Argentina、Banco Brubank、Banco Santander Argentina、Bank Transfer、Bank Transfer (Cambodia)、Facebank International、KHQR、POCHTA BANK、RUB foreign card、Raiffeisenbank、Revolut、SEPA、SEPA Instant、SOVCOMBANK、Sberbank、Skrill (Moneybookers)、T-Bank（Tinkoff）、Tinkoff Bank、Transfer with Specific Bank、TrueMoney (Cambodia)、SBP
News
10
Indodax and BingX Hackers Use the Same Address for Laundering, MistTrack Reports
Indodax and BingX Hackers Use the Same Address for Laundering, MistTrack Reports In a concerning development within the cryptocurrency security landscape, MistTrack, a crypto tracking and compliance platform developed by blockchain cybersecurity firm SlowMist, reported on Xthat it has identified a connection between hackers targeting the Indonesian cryptocurrency exchange Indodaxand the Singapore-headquartered cryptocurrency exchange BingX. The investigation revealed that both hackers utilized the same address, beginning with 0x0c74c, to launder funds. Notably, the Indodax hacker operated on the Polygon network, while the BingX hacker was active on the Binance Smart Chain (BSC). Overview of the Security BreachIncident SummaryExchanges Affected:Indodax (Indonesia) and BingX (Singapore)Tracking Platform:MistTrack by SlowMistLaundering Address:Starts with 0x0c74cNetworks Used:Polygon for Indodax hack, Binance Smart Chain (BSC) for BingX hackDate of Report:October 23, 2024 The report highlights a sophisticated cyberattack where hackers exploited vulnerabilities in both Indodax and BingX to steal and subsequently launder cryptocurrency funds through a single address across different blockchain networks. Details of the HackIndodax HackNetwork:PolygonMethodology:The hacker targeted Indodax by exploiting a vulnerability in the exchanges security protocols, allowing unauthorized access to user funds.Amount Stolen:Not disclosedLaundering Technique:Funds were transferred to the laundering address 0x0c74c on the Polygon network, facilitating the conversion and movement of stolen assets. BingX HackNetwork:Binance Smart Chain (BSC)Methodology:Similar to
This Week in Crypto: HMSTR Airdrop Drama, Kamala Harris on Crypto and AI, BingX Hack
This week brought turmoil and development across the crypto space. A $42 million hack at BingX rattled the market, raising questions about security vulnerabilities in major exchanges. Meanwhile, Hamster Kombats controversial airdrop sparked outrage after millions of players were disqualified from receiving tokens. These developments highlight the industrys promise and perils as it continues to evolve and capture the attention of regulators and innovators. BingX Restores Services After $42 Million Crypto Hack On September 20, crypto exchange BingX suffered a hack. This incident resulted in an over $42 million loss in digital assets. The breach initially revealed suspicious transactions totaling $13.6 million. As further investigation unfolded, the losses escalated to over $26 million, eventually totaling $42 million. The stolen assets included a wide range of cryptocurrencies, notably 4.44 million USDT ($4.4 million), 1 million WUSD ($1 million), 608,660 USDC ($608,660), and 9.38 BTCB ($590,000). PeckShield and other security experts confirmed that the attackers transferred the funds to a wallet address identified as ‘0xF7e8.’ On-chain data also revealed that these bad actors quickly exchanged the stolen assets for Ethereum (ETH) and BNB. Despite the heavy losses, BingX Chief Product Officer Vivien Lin assured users that the firm would cover the full amount with its capital reserves. “Our technical
Over $50M possibly stolen in BingX hack, North Koreas Lazarus group involved？
Singapore-based crypto exchange BingX became the latest victim of an exploit that saw over $50 million worth of funds drained from its hot wallets. According to a report from Cyvers, several suspicious transfers were detected from BingXs hot wallets on September 20 at around 4 AM Singapore time. The hacker drained several cryptocurrencies including USDT, WUSD, USDC, BTCB and ZRO among. The breach has compelled BingXs technical team to activate its emergency plan, which included halting withdrawals and securing its assets. Meanwhile, BingX chief product officer Vivien Lin has assured that most of the exchange‘s customers’ assets were held in cold wallets, which were not affected by the hack. Lin, confirmed that the breach occurred on Sep. 20 and involved a “minor asset loss,” adding that the exchange has transferred remaining assets to secure locations and is conducting a thorough inspection of its systems. Further, withdrawals are expected to resume within 24 hours, and the exchange has promised to compensate users for any losses using its own capital. Analysts have traced the stolen funds to two wallet addresses, and part of the funds have already been swapped to ETH and transferred through decentralised exchanges like Uniswap and Kyberswap in an attempt to obscure their origin. Swapping to
