Bingx vs Buyucoin: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Bingx and Buyucoin This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Bingx

Buyucoin

⚠️ We look for what’s best for you.

₿ Getting into crypto? With eToro you can start in minutes: buy/sell top coins, set recurring buys, track markets, and use Social/CopyTrader features.

👉 Start here and explore the crypto offer.

Available Countries

United States

Yes

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

Yes

United Kingdom

Thinking about starting with crypto? This is for you.

In select regions, eToro offers a $10 welcome bonus when you open an account today.*

🎯 An account built to help you start with crypto—without the hassle.

➕ Buy and sell top cryptocurrencies in minutes

➕ Recurring buys, price alerts, and advanced charts

➕ Social/CopyTrader™ to follow experienced investors

➕ One of the largest and most trusted platforms worldwide

Limited-time promotion — still available.

*Offer subject to terms, eligibility and regional availability. Don’t invest unless you’re prepared to lose all the money you invest.

Bingx is ideal if:

Social or copy traders: You’ll benefit from one of the most robust copy-trading ecosystems in crypto, with transparent trader metrics and automated execution tools.
Beginners needing ease and tools: The platform combines a clean, intuitive interface with demo trading, grid bots, and straightforward guidance—designed to ease newcomers into crypto trading.
Leverage and derivatives users: Advanced traders get access to high leverage (up to 125×), diverse derivatives beyond crypto (like forex, indices, commodities), and TradingView-style analysis features.

Buyucoin is ideal if:

For users favoring convenience in India If you’re an Indian resident looking for a smooth, secure on-ramp from Indian Rupees to crypto with a friendly app and wallet, BuyUcoin is a great match.
For those exploring extra perks If you enjoy incentives like crypto cashback scratch cards, an OTC desk with zero fees, and a growing NFT ecosystem, BuyUcoin adds an engaging twist to your trading experience.
For beginners or casual traders If you value an intuitive interface, mobile-first design, and educational tools like webinars, BuyUcoin offers an approachable path into the crypto world without overwhelming complexity.

Bingx isn’t ideal if:

You want direct fiat trading or card support: If you prefer depositing and withdrawing fiat currencies directly, this may be a drawback—BingX relies heavily on third-party or stablecoin conversions rather than full fiat integration.
You need full support in heavily regulated markets: Residents of countries like the US, UK, or Canada may not be able to access the platform due to local restrictions or compliance policies.
You expect phone-based customer support: Support options are limited to email and live chat, so if you need voice assistance, this platform may fall short for your needs.

Buyucoin isn’t ideal if:

If you prefer global fiat options BuyUcoin mostly supports INR deposits and limited alternative fiat methods, making it less suited for those needing diverse fiat integrations.
If fee clarity matters The platform’s fee structure isn’t fully transparent at first glance, which can frustrate users who demand simple, upfront cost breakdowns.
If you're targeting deep altcoin markets While BuyUcoin covers many popular tokens, serious altcoin traders may find the selection somewhat narrow compared to global multi-asset platforms.

Fees & Total Costs

Spot Maker/Take

Most major spot pairs carry a flat maker-and-taker rate of around 0.1 %, though less liquid or niche tokens may incur slightly higher rates up to 0.15 %, and VIP levels or usage of the native token can unlock discounts.

BuyUcoin charges a flat trading fee of around 0.24 % for both maker and taker trades (including relevant taxes), without offering tiered volume discounts or reductions for using its native token.

Futures/Derivatives

Perpetual futures typically cost about 0.02 % for makers and 0.05 % for takers, plus a funding rate that updates roughly every eight hours and can swing depending on market imbalances.

BuyUcoin does not currently offer futures or derivative contracts, so there are no maker/taker fees or funding rate mechanisms to consider.

Average Spreads on Liquid Pairs

For top-tier pairs like BTC/USDT and ETH/USDT, the spreads are very tight, reflecting strong liquidity and efficient execution in the order book.

Trading spreads for major pairs like BTC/USDT or ETH/USDT aren’t explicitly published on the platform, though users report that liquid pairs generally maintain competitive spreads thanks to its decent market depth.

Fiat Deposits & Withdrawals

Users must rely on third-party services (like MoonPay or Mercuryo) or P2P methods for fiat funding; BingX itself doesn’t charge fees, but providers may, and processing times vary by method and geography.

You can deposit INR via bank transfers (including UPI, IMPS, NEFT/RTGS) or card options; bank-to-bank transactions typically have minimal processing delay and no direct fees, though instant cash-outs to cards may incur additional charges and processing time may vary.

On-chain Withdrawals

Crypto withdrawals are charged a flat network-based fee per token—e.g., approximately 0.0005 BTC, 0.005 ETH, or 1 USDT (TRC-20)—subject to variation based on congestion and blockchain conditions.

Withdrawals of crypto assets are charged as fixed network-based fees (for example, BTC withdrawals are a set amount of BTC), not percentage-based, and rates differ by blockchain—BuyUcoin covers moving crypto between own wallets for free, but external transfers incur standard network fees.

Hidden Costs

Additional costs may include a 0.2 % currency conversion fee when depositing in a different fiat than your account base, possible inactivity or express KYC fees in rare cases, and variable third-party fees on fiat rails.

BuyUcoin has no KYC or inactivity fees, nor storage charges, and sends within its own ecosystem incur no transfer fees; currency conversion costs are implicit in spreads rather than explicit charges.

Real-World Cost Example: “€500 BTC

In this scenario, you’d face the spot trading fee (~0.1 %), a small spread on BTC/USDT, any conversion fee if deposited in euros (~0.2 %), and the fixed network withdrawal fee to take BTC off the platform.

If you convert €500 to BTC, you’d first use INR (so there’s currency exchange implied), pay a ~0.24 % trading fee embedded in the buy price, then face a spread implied in the rate, and finally incur a fixed network fee when withdrawing, depending on the specific chain—so your total cost would reflect trading fee + spread + withdrawal fee.

Crypto Offering & Trading Features

Number of Coins & Pairs

BingX supports over 1,000 cryptocurrencies across more than 1,000 trading pairs, with the top-20 pairs by volume heavily featuring mainstream assets like BTC/USDT, ETH/USDT, SOL, XRP, DOGE, ADA, LINK, and TRX.

BuyUcoin currently lists over 170 cryptocurrencies, including most of the top-20 coins by market cap, offering a wide selection for spot trading across well-known tokens.

Product Range

The platform covers a full spectrum of instruments—spot trading, margin, perpetual futures (perps), copy trading, grid bots, staking, wealth products, lending/loans, and promotional staking, though it doesn’t currently offer options or crypto ETFs.

The platform focuses on spot trading, OTC trades, staking (and earning through NFTs), recurring buys like SIPs, and an NFT marketplace—margin, futures, options, ETFs, and bots are not yet available.

Liquidity

BingX regularly sees multi-billion-dollar 24 h trading volume, with a deep order book on major pairs like BTC and ETH ensuring tight spreads and swift execution even amid market swings.

While precise figures aren’t published, liquidity for major pairs such as BTC and ETH is sufficient for smooth execution, though deeper institutional-level data and 24-hour volume statistics remain unclear.

Tools

Traders can access a comprehensive toolkit

Users get standard order types like limit and stop, along with charting via integrated views, but advanced features like OCO, native TradingView, alerts, or API access have limited visibility and may not be fully implemented.

Geographic Restrictions by Product

Certain advanced products—especially derivatives and copy trading—may be unavailable or restricted in jurisdictions like the US, UK, and Canada due to regulatory constraints.

BuyUcoin’s services are tailored for Indian residents only, with fiat options limited to INR; that means global availability of advanced products like derivatives or margin is restricted.

Innovation

BingX stands out with its Launchpad and Launchpool programs for new token access, plus flexible vs. locked staking options, making it attractive for users aiming to participate in early-stage token launches.

The platform stands out with its NFT marketplace, SIP-based recurring crypto buys, cashback scratch cards, and flexible vs locked staking—features that reflect creative engagement rather than traditional financial tools.

Security, Regulation & Custody

Operating Entity & Jurisdiction

BingX is operated by BingX Group, established in 2018, with headquarters in Singapore and branch offices across the EU, Australia, and Hong Kong, serving a global user base.

BuyUcoin is legally operated by iBlock Technologies Pvt. Ltd, established in 2016 and headquartered in the Delhi-NCR region of India.

Licenses/Registration

The platform holds Money Services Business (MSB) registrations in the United States and Canada, demonstrating regulatory compliance for digital asset and FX services in those regions.

BuyUcoin is officially registered as a reporting entity under India’s Prevention of Money Laundering Act (PMLA) and holds registration with the Financial Intelligence Unit – India (FIU-IND).

Custody

BingX entrusts custody to a combination of its own infrastructure and bank-grade systems, stores around 90 % of assets in cold wallets, publishes Proof of Reserves reports (typically bi-monthly), and undergoes independent audits by third parties.

Custody is handled in-house by BuyUcoin; there’s no publicly available proof of reserves, audit reports, or details on the proportion of assets held in cold storage.

Insurance & Protection Funds

A dedicated Shield Fund exists to safeguard users from extreme volatility and leveraged position failures, complementing the security infrastructure.

There are no public disclosures indicating institutional insurance or a protection fund covering user assets in the event of a breach or insolvency.

Incident History

In September 2024, BingX experienced a hot-wallet breach resulting in significant asset loss, after which it restored operations fully and launched the “ShieldX” security enhancement program.

BuyUcoin has no recorded history of major security breaches, platform-wide suspensions, regulatory fines, or notable withdrawal freezes to date, based on public records.

Risk Controls

Users benefit from robust controls including mandatory two-factor authentication (2FA) via email, phone, or authenticator apps, optional fund-password separation, anti-phishing codes, withdrawal whitelists, account locking, AI-augmented withdrawal reviews, and granular API and sub-account permissions.

Basic security measures like mandatory KYC and anti-money laundering policies are in place, but more advanced features—such as two-factor authentication, address whitelisting, anti-phishing tools, sub-accounts, or granular API permissions—are either limited or not visibly featured.

Transparency

The platform provides periodic Proof of Reserves disclosures, engages in regular security audits and penetration testing, and offers enhanced monitoring via ShieldX infrastructure, though public wallet addresses or formal SLA documents are not prominently featured.

While BuyUcoin participates in regulatory sandbox initiatives and maintains compliance reporting via FIU-IND, it does not offer monthly transparency reports, public wallet statements, or a formal service-level agreement (SLA) for uptime or responsiveness.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

BingX accepts fiat deposits via bank transfers (such as SEPA or local rails), credit/debit cards, and e-wallets; daily and monthly limits vary by KYC level—unverified users face tighter limits, while advanced-verified accounts enjoy unlimited access—and deposit times range from instant to a few business days depending on the method and region.

Bank transfers via IMPS, UPI, NEFT, and RTGS are available for depositing INR; there are no minimum or maximum amounts publicly listed, and funds usually arrive quickly depending on the chosen transfer method.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

BingX offers tiered KYC—Unverified, Basic, and Advanced—with gradually increasing deposit and withdrawal limits; for example, unverified users have modest caps, Basic KYC allows mid-tier limits, while Advanced KYC unlocks unlimited usage and fiat features like launchpad access.

BuyUcoin operates with mandatory KYC; beyond that, the platform does not publicly distinguish between basic or advanced tiers or provide specific transaction limits for each tier.

Withdrawals

limits, times, and networks

Crypto withdrawals are subject to fixed network fees and processed on typical blockchains (e.g. BTC, ETH), with timing and limits largely dependent on network congestion and internal review standards, but multi-network options or daily caps aren’t explicitly disclosed.

Customer Support

BingX provides 24/7 support via live chat (web/app) and email, backed by a comprehensive Help Center; response times are generally prompt, and they regularly upgrade their support system to enhance reliability.

Users can access support via help center articles, email, and live chat (when available), though response times vary; the platform also provides an FAQ section for self-help guidance.

Languages & Localization

The platform supports multiple languages (English, Spanish, French, etc.) and displays fees in fiat like EUR or USD depending on user region; Turkish support was removed recently due to regulatory changes, but localization remains robust overall.

The interface operates in English and INR pricing, tailored primarily to Indian users; international fiat display or regulatory tailoring is minimal, as it focuses on the local market.

App Quality & Stability

The mobile app offers several security layers (2FA, PIN, biometric login) and promises fast deposit/withdrawal performance; while user feedback varies, recent updates suggest ongoing maintenance with occasional performance reports.

Experience, Performance & Ecosystem

UX/UI

While there’s no official crash-rate metric, users frequently report occasional app crashes or performance hiccups on both Android and iOS; BingX recommends keeping the app updated, clearing cache, and restarting it to mitigate such issues.

BuyUcoin presents a clean, mobile-first interface with both light and dark themes; onboarding is straightforward, minimizing friction, though it doesn’t offer distinct “Lite” or “Pro” modes.

Performance

Order latency is generally low, ensuring quick fills even under normal market conditions, though performance can slow slightly during volatile spikes; KYC queues may grow during bull runs, causing temporary delays before trading access is granted.

The platform’s in-house engine is said to process over 100,000 orders per second, contributing to fast order execution; while it appears reliable during normal activity, details on handling volatility spikes or KYC backlog during bull markets aren’t widely discussed.

Education

Users enjoy access to a built-in academy with tutorials, demo trading and simulator features to practice risk-free, as well as educational materials increasingly available in Spanish, though the depth varies by content.

Users benefit from online learning through webinars and real-time crypto news; however, there’s no dedicated academy, demo account, simulator, or Spanish-language resources currently available.

Community

There’s an active official presence across forums, Telegram, and occasionally Discord, supported by a referral program that rewards users for bringing in new traders—this community dynamic enhances learning and engagement.

BuyUcoin fosters engagement via its referral program offering lifetime trading-fee commissions, and users can connect through its social media channels and forums, though there’s no official Discord or Telegram mentioned.

Integrations

The platform integrates with TradingView for advanced charting, supports external trading bots, and works with third-party tax and accounting tools—simplifying strategy execution and post-trading record-keeping.

The exchange supports smart trading strategies and copy trading options, but lacks native TradingView integration or tax accounting tools; however, third-party bot platforms can nonetheless connect to BuyUcoin.

Who Each One Is Best For

The interface’s dual mode suits both beginners (Lite) and seasoned traders (Pro); the robust ecosystem and tools make it especially attractive for users focused on social trading, automated strategies, and efficient workflow integration.

BuyUcoin is ideal for Indian newcomers seeking a rewards-focused mobile experience with easy KYC and referral income; advanced traders seeking multi-asset tools or deep customization may find it less fitting.