BingX Review: Scam and Fake or not?

BingX Review: Scam and Fake or not?

BingX is a well-known crypto exchange, also offering several other products such as copy trading and grid trading.

But is BingX a scam?

No, it is not: According to our experience and review, BingX is a safe crypto exchange.

About BingX

This is everything you need to know about this crypto exchange at a glance:

 
Name BingX
Website bingx.com
Company BingX GLOBAL PTY LTD, BingX US Limited (for US customers), BingX CA Limited (for canadian customers), BingX EU UAB (for EU customers)
Address 118/252 Russell St, Melbourne VIC 3000, Australia
CEO Li-Wen Peng
Founder Li-Wen Peng
Founded 2018
Contact Mail, Phone
Cryptocurrencies 350+
Markets Spot, Futures
Services Copy Trading, P2P Trading, Grid Trading, Academy, Rewards Hub, Api
Promotions up to 5125 USDT
FIAT USD, EUR, ARS, AUD, AZN, BDT, BGN, BRL, CAD, CHF, CLP, COP, CZK, DKK, DOP, EGP, GBP, GTQ, HKD, HRK, IDR, ILS, INR, IRT, JOD, JPY, KES, KWD, KZT, LKR, MAD, MXN, MYR, NGN, NOK, NZD, OMR, PEN, PHP, PKR, PLN, PYG, RON, RUB, SEK, SGD, THB, TRY, TWD, UAH, VES, VND, ZAR
Payment Methods Credit Card
Fees 0.05% to 0.20% maker fees, 0.1% to 0.20% taker fees, several discount options, other fees might apply for different services
App BingX : Buy BTC & Crypto, available for iOS and Android
KYC KYC via document and selfie upload, unverified users have 50,000 USDT daily withdrawal limit, verified users have 5,000,000 USDT daily withdrawal limit
Languages English, Chinese, Vietnamese, Russian, Japanese, Spanish, Malaysian, Turkish, Dutch, Portuguese, Farsi, German, Thai, Arabic, French, Italian

What profi say about BingX and crypto investing:

Heinrich Hase

BingX is a cryptocurrency trading platform that, as of my last update in September 2021, has gained attention for its mobile-centric approach, offering a range of trading features to users on the go. Like other exchanges, BingX is committed to providing a secure, transparent, and efficient trading environment for its users. However, the rapidly evolving world of cryptocurrencies can be intricate, especially for novices. Although BingX is a legitimate platform, beginners might find the multitude of options and market movements challenging to navigate. For those unfamiliar or less confident in their trading abilities, it could be beneficial to explore various trading bots or platforms where experienced brokers trade on behalf of the user. These expertly-driven systems often enable users to invest a base sum, like $250-500, and potentially yield daily profits, sometimes even reaching up to $1500. But it's essential to remember the volatile nature of crypto investments and always approach with informed caution.

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