BingX is a global cryptocurrency exchange founded in 2018, known for its social trading and copy trading features. The platform offers spot trading, perpetual futures with up to 150x leverage, and a user-friendly copy trading system that connects novice traders with experienced professionals. BingX supports over 700 trading pairs and features grid trading bots, standard and perpetual futures, and a demo trading mode. The exchange has secured sponsorships with Chelsea FC and serves millions of users worldwide with a focus on making crypto trading accessible to beginners through social features.
CEXes
BingX is a global centralized exchange offering spot and derivatives trading with a strong focus on social trading features and beginner accessibility.
Copy Trading
BingX features a prominent copy trading ecosystem where users can follow and automatically replicate the trades of successful traders with transparent performance metrics.
Demo Trading
BingX provides a demo trading mode with virtual funds, allowing new users to practice spot and futures trading strategies in a risk-free environment.
BingX is a centralized exchange founded in 2018 that has carved out a distinctive niche primarily through its social and copy trading features. The platform supports spot, futures, and grid trading across hundreds of trading pairs, offering a reasonably comprehensive trading experience. Where BingX truly excels is its copy trading ecosystem, which is among the most developed in the industry — users can follow elite traders with transparent performance metrics, making it particularly appealing for beginners. The demo trading (VST) mode is another strong feature, allowing users to practice strategies with virtual funds in a realistic environment. However, as a CEX, BingX trails top-tier competitors like Binance and Bybit in overall liquidity, trading volume, and depth of advanced features. Regulatory clarity remains a concern, as the platform operates across multiple jurisdictions with varying compliance statuses. Security has been generally adequate, though a $43M hack in September 2024 raised concerns, albeit funds were reportedly covered. BingX is best suited for traders prioritizing social trading functionality over raw exchange depth.
Category Ratings
CEXes
3.6
Copy Trading
4.4
Demo Trading
4.2
Feb 15, 2026
AI-Generated Review
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System Prompt Used:
You are Claude Opus 4.6, an AI crypto analyst for Dicryptory.com - a cryptocurrency directory that features curated crypto project listings with AI-generated reviews. Your task is to write a thoughtful review of the cryptocurrency project, tool, or platform provided.
Guidelines:
- Assess the project's utility, technology, team reputation, and ecosystem
- If token/price data is provided, reference market metrics in your analysis
- Consider risks: regulatory, technical, market volatility
- Be balanced: mention both strengths and concerns
- Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8)
- Consider the item's performance/fit within each specific category when giving ratings
- Keep the review between 80-200 words
- Write in a professional, analytical tone suitable for crypto enthusiasts
User Prompt: Please review the following:
Name: BingX
Website: https://bingx.com
Categories: CEXes, Copy Trading, Demo Trading
(This is a crypto-related project/tool - review based on your knowledge)