Latest revision as of 02:16, 3 October 2025

Understanding BingX Trading Fees Structure

BingX is a cryptocurrency exchange that offers various trading services, including spot trading and derivatives trading (often referred to as futures). This overview provides a beginner-friendly look at its structure, fees, and essential features.

Core Features of BingX

BingX is known for offering a user-friendly interface suitable for both beginners and experienced traders. Key features include:

**Spot Trading:** Direct buying and selling of cryptocurrencies.
**Derivatives Trading:** Offering perpetual futures contracts, allowing leveraged trading.
**Copy Trading:** A feature that allows users to automatically replicate the trades of successful traders on the platform.
**Mobile Applications:** Availability on major mobile platforms for trading on the go.

If you are ready to begin, you can Register here to create an account.

BingX Fee Structure Overview

The fee structure on BingX generally depends on the type of trading (spot or futures) and the user's trading volume (VIP level). Fees are typically composed of a maker fee and a taker fee.

**Maker Fee:** Charged when you place an order that does not immediately execute (e.g., a Limit order placed on the Order book). Makers add liquidity to the market.
**Taker Fee:** Charged when you place an order that executes immediately against existing orders in the order book (e.g., a Market order). Takers remove liquidity from the market.

For beginners, standard fees usually apply until higher trading volumes are achieved.

Trading Type	Standard Maker Fee	Standard Taker Fee
Spot Trading	0.10%	0.10%
Perpetual Futures Trading	0.02%	0.05%

Note that funding rates apply specifically to perpetual futures contracts, not standard trading fees.

Supported Assets and Trading Products

BingX supports a wide range of digital assets. The selection is generally robust for both major coins and newer altcoins.

Spot Market

The Spot market allows users to buy and sell cryptocurrencies for immediate delivery. Assets traded here are held directly by the user in their exchange wallet.

Futures Contracts

BingX is particularly well-known for its derivatives offerings, primarily perpetual futures. These contracts allow traders to speculate on the future price movement of an asset without owning the underlying asset, often involving leverage. For an introduction to this area, see Crypto Futures Trading in 2024: A Beginner's Guide to Getting Started.

Order Types on BingX

Understanding order types is crucial for managing trades effectively.

Limit order: Allows you to set a specific price at which you wish to buy or sell.
Market order: Executes immediately at the best available price in the Order book.
Stop-Limit/Stop-Market Orders: Used primarily for risk management, allowing traders to automatically place orders once a specific trigger price is reached.

Effective use of technical analysis can improve trade execution. Learn more about analysis methods at How to Use Technical Analysis Methods for Profitable Crypto Futures Trading and explore specific indicators like OBV trading strategies.

Liquidity and Markets

High liquidity is essential for minimizing slippage, especially when executing large Market orders. BingX generally maintains deep order books for major trading pairs (like BTC/USDT and ETH/USDT) across both its spot and futures markets, ensuring reasonably tight spreads.

Security Practices

Exchanges employ several security measures to protect user funds and data. BingX typically implements:

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

Users are always encouraged to enable 2FA on their accounts for enhanced security.

KYC and Trading Limits

Know Your Customer (KYC) verification levels determine trading and withdrawal limits.

**Unverified Accounts:** Often have low daily withdrawal limits.
**Verified Accounts (KYC Level 1/2):** Higher daily withdrawal limits and potentially higher leverage options for futures trading.

Users must complete the necessary verification steps on the platform to access higher limits.

Funding and Withdrawals

Funding the account can usually be done via cryptocurrency deposits or sometimes fiat on-ramps (depending on regional availability).

**Deposits:** Typically processed once the network confirms the transaction.
**Withdrawals:** Subject to internal review times and network processing times. Withdrawal fees apply, which cover the blockchain transaction costs (gas fees). These fees vary depending on the cryptocurrency network congestion.

User Experience (UX) — Mobile and Web

BingX provides both a web-based trading interface and dedicated mobile applications (iOS and Android). The goal of the UX design is usually to balance advanced features (like margin settings for futures) with ease of navigation for simple spot trades.

Risks and Responsible Trading

Cryptocurrency trading, particularly leveraged futures trading, carries significant risk. High leverage magnifies both potential profits and potential losses. Traders should only invest capital they can afford to lose. It is advisable to start with small amounts, use risk management tools (like stop-loss orders), and avoid over-leveraging. Practicing with demo accounts before committing real funds is highly recommended.

First Steps Checklist

1. Create an account using the provided link: Register here. 2. Enable Two-Factor Authentication (2FA). 3. Complete necessary KYC verification to increase limits. 4. Explore the Spot market basics. 5. If interested in leverage, review the Futures contract documentation and consider practicing with a demo account first. 6. Deposit a small amount of cryptocurrency to test the funding and withdrawal processes.

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.

📈 Premium Crypto Signals – 100% Free

🚀 Get trading signals from high-ticket private channels of experienced traders — absolutely free.

✅ No fees, no subscriptions, no spam — just register via our BingX partner link.

🔓 No KYC required unless you deposit over 50,000 USDT.

💡 Why is it free? Because when you earn, we earn. You become our referral — your profit is our motivation.

🎯 Winrate: 70.59% — real results from real trades.

We’re not selling signals — we’re helping you win.

Join @refobibobot on Telegram

Understanding Bing X Trading Fees Structure: Difference between revisions