Bing X Trading Fees Structure

Bing X Trading Fees Structure Overview

BingX (formerly known as BingBon) is a cryptocurrency exchange that offers a variety of trading services, including spot trading, perpetual futures, and options. This overview covers the essential aspects of using the platform, focusing on its fee structure and core features for new users.

Core Features of BingX

BingX emphasizes user-friendly trading experiences, particularly for derivatives. Key features include:

**Social Trading:** A notable feature allowing users to follow and automatically copy the trades of experienced traders.
**Variety of Products:** Support for spot markets, perpetual futures contracts, and leveraged tokens.
**Automation Tools:** Access to tools like Automated Trading Bots.
**Institutional Offerings:** Services that cater to larger volume traders, often referred to as Institutional Trading.

If you are ready to start, you can Register here.

Fee Structure Overview

BingX employs a tiered fee structure based on trading volume and the user's holdings of the exchange's native token (if applicable), though the primary structure relies on Maker/Taker fees. Fees are generally competitive, especially for high-volume traders.

Spot Trading Fees

Spot trading fees are charged when buying or selling assets directly on the Spot market. BingX typically uses a Maker/Taker model. Makers add liquidity to the Order book (placing orders that do not immediately execute), while Takers remove liquidity (placing orders that execute instantly).

User Level	Maker Fee (e.g., USDT)	Taker Fee (e.g., USDT)
Standard User	0.10%	0.10%
VIP 1	0.08%	0.08%

Futures Trading Fees

Futures trading fees are generally lower than spot fees, reflecting the lower initial capital requirement (due to leverage). Fees vary based on whether the trade is a Maker or a Taker transaction on the perpetual futures market.

Supported Assets and Markets

BingX supports a wide array of digital assets. The primary markets available are:

**Spot Market:** Direct buying and selling of cryptocurrencies for immediate settlement (e.g., BTC/USDT, ETH/USDT).
**Futures Market:** Trading contracts based on the future price movement of an underlying asset. This includes Perpetual Futures, which have no expiry date. Users often study strategies like How to Use Price Action in Futures Trading when engaging here.

Order Types

Understanding order types is crucial for managing risk and execution price:

Limit order: Allows the user to specify the exact price at which they wish to buy or sell.
Market order: Executes immediately at the best available current price in the Order book.
Stop-Loss/Take-Profit orders are also available to automate trade closing based on predefined price levels.

Liquidity and Market Depth

The liquidity on BingX is generally considered robust, particularly for major pairs (BTC, ETH) in both spot and futures segments. High liquidity ensures that large orders can be filled quickly without causing significant price slippage, which is important for active traders.

Security Practices

Exchanges prioritize security to protect user funds. BingX typically employs standard industry security measures, including:

Two-Factor Authentication (2FA).
Cold storage solutions for the majority of user assets.
Encrypted data transmission.

KYC and Limits

Know Your Customer (KYC) requirements vary depending on the level of account verification.

**Unverified Accounts:** Often have lower withdrawal limits.
**Verified Accounts (KYC Level 1/2):** Typically unlock higher daily and monthly withdrawal thresholds. Users must follow the platform’s specific procedures to verify identity.

Funding and Withdrawals

Users can deposit funds via cryptocurrency transfers or sometimes fiat on-ramps (depending on jurisdiction).

**Deposits:** Usually credited once the required network confirmations are met.
**Withdrawals:** Subject to internal processing times and network confirmation requirements. Withdrawal fees are charged per transaction and vary based on the specific cryptocurrency being moved.

User Experience (UX)

BingX offers trading across multiple interfaces:

**Web Platform:** Provides a comprehensive view for detailed analysis and trading execution.
**Mobile App:** Offers full functionality for trading on the go, supporting both iOS and Android devices. The mobile UX is designed to be intuitive for quick order placement.

Risks and Responsible Trading

Cryptocurrency trading, especially involving leverage in the Futures contract market, carries significant risk. Users can lose more than their initial investment if positions move against them rapidly. It is vital to only trade with capital you can afford to lose and to employ proper risk management techniques.

First Steps Checklist

1. Visit the official site and Register here. 2. Enable Two-Factor Authentication (2FA) immediately. 3. Complete necessary KYC verification if higher limits are required. 4. Deposit the desired cryptocurrency assets. 5. Familiarize yourself with the differences between the Spot market and the futures section. 6. Start with small trades or use demo/paper trading features if available before committing significant capital.

Recommended Futures Trading Platforms

Platform	Futures perks & welcome offers	Register / Offer
Binance Futures	Up to 125× leverage, USDⓈ-M contracts; new users can receive up to 100 USD in welcome vouchers, plus lifetime 20% fee discount on spot and 10% off futures fees for the first 30 days	Sign up on Binance
Bybit Futures	Inverse & USDT perpetuals; welcome bundle up to 5,100 USD in rewards, including instant coupons and tiered bonuses up to 30,000 USD after completing tasks	Start on Bybit
BingX Futures	Copy trading & social features; new users can get up to 7,700 USD in rewards plus 50% trading fee discount	Join BingX
WEEX Futures	Welcome package up to 30,000 USDT; deposit bonus from 50–500 USD; futures bonus usable for trading and paying fees	Register at WEEX
MEXC Futures	Futures bonus usable as margin or to pay fees; campaigns include deposit bonuses (e.g., deposit 100 USDT → get 10 USD)	Join MEXC

Join Our Community

Follow @startfuturestrading for signals and analysis.

🚀 Get 10% Cashback on Binance Futures

Start your crypto futures journey on Binance — the most trusted crypto exchange globally.

✅ 10% lifetime discount on trading fees
✅ Up to 125x leverage on top futures markets
✅ High liquidity, lightning-fast execution, and mobile trading

Take advantage of advanced tools and risk control features — Binance is your platform for serious trading.

Start Trading Now

Bing X Trading Fees Structure

Contents