BingX Referral Code CODE — $6,000 Signup Bonus

Terms & Conditions Apply

The $6,000 bonus is distributed across deposit and trading volume tiers. Referral code CODE must be entered during account registration and cannot be applied retroactively. Subject to BingX promotional terms, KYC verification, and supported jurisdiction requirements.

How to Claim

1. 1

   Click the Claim Bonus button to open BingX with the deposit bonus offer pre-linked.

2. 2

   Connect your wallet and complete account registration. Review the minimum deposit requirements.

3. 3

   Make a qualifying deposit to your account. The bonus will be credited automatically.

4. 4

   Begin trading to meet any volume requirements. Monitor your bonus status in the rewards dashboard.

About BingX

## What BingX is BingX is where retail traders often start with perpetual futures before they discover Bybit or Binance. The interface is deliberately simpler than either, the leverage ceiling at 150x sits above Binance's 125x, and base fees match the tier-one exchanges at 0.02% maker and 0.05% taker. That combination of lower friction, higher leverage ceiling, and competitive pricing has made BingX a common first platform for traders moving from spot into perpetuals. The exchange launched in 2018 out of Singapore. Regulatory registrations include an Australian AUSTRAC registration, a Canadian FINTRAC MSB registration, a US MSB registration, and a Lithuanian VASP for EU users. That multi-region coverage is above average for a platform of this size. A key distinction: BingX registered in the US as a money services business, which is not the same as SEC or CFTC approval but does mean it operates within US regulatory visibility. However, BingX does not actively serve US residents for full product access. See BingX's current open interest and volume on [PerpFinder](/exchanges). ## Fees in detail BingX charges 0.02% maker and 0.05% taker on USDT-margined perpetuals — identical to [Binance](/exchanges) and [OKX](/exchanges) at base level. Volume-based VIP tiers reduce rates for high-frequency traders, though the published tier schedule is less detailed than Binance's or Bybit's public documentation. For a $10,000 round-trip at market: taker cost is $10.00, the same as Binance and OKX. BingX does not offer a native exchange token discount comparable to BNB (Binance) or OKB (OKX). That simplicity works in both directions: no token management overhead, but also no discount path without hitting volume thresholds. The fee rate alone is not the differentiator. The 150x leverage ceiling and demo trading mode are. Run the math on leverage costs vs your stop-loss distance at the [PerpFinder fee calculator](/tools/fee-calculator) before using high leverage on BingX pairs with lower liquidity. A 150x position requires a 0.67% adverse move to reach liquidation from a 100% margin allocation — small moves on thin altcoin pairs can hit that threshold unexpectedly. ## Security and proof of reserves BingX publishes [Merkle tree Proof of Reserves](https://cryptoadventure.com/bingx-review-2026-copy-trading-100-reserves-claims-and-the-fine-print/) twice monthly, on the 1st and 15th of each month. [Mazars](https://www.mazars.com/) has verified reserve ratios. The December 2024 snapshot showed BTC reserve ratio of 118% and ETH at 126%. No major exchange-level security incident has been publicly disclosed since founding. The regulatory footprint (Lithuania, Australia, Canada, US MSB) is broader than many mid-tier competitors. It falls short of a MAS DPT license ([Bitget](/exchanges)), FCA registration ([Kraken](/exchanges)), or full MiCA authorization ([OKX](/exchanges)). For European traders, the Lithuanian VASP provides a local registration channel. Twice-monthly reserve snapshots are more frequent than the monthly cadence at most competitors. That frequency does not substitute for a full balance sheet audit, but it reduces the window for undetected shortfalls. ## Leverage and pairs BingX supports up to 150x leverage on select perpetual pairs — higher than Binance (125x), OKX (125x), and Bybit (100x). Over 200 perpetual pairs cover major and mid-cap assets well. The long tail is where BingX thins out: spread and open interest on obscure altcoin perps is substantially narrower than on [Gate.io](/exchanges) (1,700+ pairs) or [MEXC](/exchanges) (600+ pairs). For traders focused on BTC, ETH, SOL, and the top 30–40 by market cap, the 200+ pair count covers the relevant universe. Demo trading is BingX's clearest differentiator. The environment runs on real market data with virtual funds and requires no deposit. New traders can practice order entry, stop-loss placement, and leverage mechanics before committing real capital. No other exchange in this comparison offers an equivalent demo mode that mirrors live market conditions this closely. Grid bots cover range-bound automation for spot and futures. Copy trading integrates directly into the futures interface, not a separate section, with provider filtering by return rate, win ratio, follower count, and maximum drawdown. ## Who BingX is for Retail traders new to perpetual futures who want a simpler interface, real-market-data demo access, and copy tools at the same fee structure as Binance: BingX's combination is purpose-built for this entry segment. Traders who want the maximum possible leverage ceiling without moving to MEXC's 200x: BingX at 150x sits between Binance/OKX (125x) and MEXC/HTX (200x), with stronger regulatory coverage than either of the 200x options. Traders running high-volume strategies or needing the deepest altcoin liquidity: [Binance](/exchanges), Bybit, or Gate.io offer materially better order book depth. ## Trading experience The BingX interface prioritizes simplicity over advanced tooling. Order entry is streamlined for new users: basic limit/market/stop orders are visible, and advanced types like TP/SL combinations are accessible without burying newer users in options they haven't learned yet. The PerpFinder team walked through the BingX onboarding flow in May 2026 — account creation to first demo trade was under 8 minutes, the fastest in this comparison. The demo trading environment specifically deserves mention. Running on live order book data with virtual capital, it lets new traders experience actual market conditions including funding rate payments, liquidation mechanics, and real spread costs without any deposit required. For a trader learning perpetuals for the first time, that combination of zero capital risk and real market exposure is a genuinely better learning tool than any backtest. ## How it compares PerpFinder's liquidity data shows BingX running materially lower open interest than Binance, Bybit, or OKX across most pairs. On BTC and ETH perps, the spread difference at retail sizes (under $50k notional) is small. For altcoin perps outside the top 50 by market cap, slippage risk rises quickly on BingX. Using 150x leverage on a thin altcoin perp is a combination that amplifies liquidation risk substantially — check the [cost comparison tool](/tools/cost-comparison) for current spread estimates before entering any position outside the top 20 assets.