Bingx vs 50X: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Bingx and 50X 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

Bingx

50x

50X

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Table of Contents

Available Countries

United States

Yes

Europe

Yes

Latin America

Yes

India

Yes

China

No

Canada

Yes

United Kingdom

Yes
No

United States

Yes

Europe

Yes

Latin America

Yes

India

No

China

No

Canada

Yes

United Kingdom

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Bingx is ideal if:

50X is ideal if:

Bingx isn’t ideal if:

50X isn’t ideal if:

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.
50 X charges the same flat 0.20 % fee for both maker and taker spot trades; holding and paying with the internal A2A token for applicable pairs (like A2A/BTC or A2A/ETH) cuts that fee in half.

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.
For futures contracts on 50 X, both maker and taker fees are effectively zero, but as with most platforms, funding fees apply periodically to align futures prices with spot.

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.
The platform’s “Any-to-Any” matching and relatively low volume can widen average spreads on major pairs compared to high-liquidity competitors.

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.
There are no direct fiat deposit or withdrawal options—though you can buy USDT via a third-party gateway using cards or Advcash, but the fees vary significantly and are set by the provider.

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.
50 X applies fixed withdrawal fees per crypto and network—e.g. modest flat fees for BTC, ETH, XRP—rather than dynamic per-network pricing.

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.
You won’t face inactivity or KYC express charges, but currency conversion and payment-gateway fees (when buying via card) can be steep and are charged externally.

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 spent €500 to acquire BTC, you’d pay the platform’s spot fee (≈0.20 %), absorb the BTC/fiat spread from the gateway, and then pay the fixed network fee to withdraw on-chain.

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.
50 X offers around 24 cryptocurrencies and roughly 105 trading pairs in total; their top 20 pairs by volume typically include BTC/USDT, ETH/USDT, LTC/USDT, TRX/ETH, LINK/USDT, XRP/USDC, and other active altcoin-to-cryptocurrency combinations.

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 and spot-margin (leveraged crypto-to-crypto), and also offers perpetual futures via A2A liquidity, token-based passive income (through dividends and managed accounts), but doesn’t provide options, crypto ETFs, savings staking, lending, copy trading, grid bots, or automated DCA tools.

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.
Trading volume on 50 X remains modest—24-hour volume is under $100k—so book depth on BTC/ETH pairs is relatively shallow, leading to potential slippage or less depth during larger trades.

Tools

Traders can access a comprehensive toolkit
You’ll find essential order types like limit, market, stop-loss, and trailing stops with charting tools integrated into the interface; there’s support for API and WebSocket access, but there’s no fully integrated TradingView experience or alerting system built in.

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.
Derivatives and margin are generally accessible globally, but some countries with strict crypto regulations may not have full access; the platform doesn’t explicitly list those banned regions.

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.
50 X brings innovation in its Any-to-Any core and dividend token model allowing passive income through profit-sharing or token loans, but it does not currently support launchpad/pool projects or offer separate flexible vs locked earning products.

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.
Operated by Smart Token Exchange LTD, established in 2017 and headquartered in Saint Vincent and the Grenadines, this offshore structure allows for privacy but offers limited regulatory oversight.

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.
The platform does not hold formal regulatory licenses such as VASP or MiCA/UE; it functions under the jurisdiction of its offshore registry without public regulatory accreditation.

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.
Assets are custodial on the platform, though it claims 98 % of funds are kept in cold storage and a small share is hot for liquidity; there’s no publicly available proof-of-reserves or third-party audit confirmation.

Insurance & Protection Funds

A dedicated Shield Fund exists to safeguard users from extreme volatility and leveraged position failures, complementing the security infrastructure.
The exchange mentions insurance coverage and security provisions, but no clear details are provided on the scope, provider, or coverage limits of such protection.

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.
There are no publicly known major security breaches or regulatory penalties, though occasional user reports mention withdrawal delays and some technical hiccups in trading operations.

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.
Security features include enforced two-factor authentication (3-factor via Google Auth), customizable withdrawal delays, address whitelisting, and emergency master keys; granular API permissions and anti-phishing tools are not explicitly detailed.

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.
The platform does not publish regular transparency reports, public wallet addresses, or formal service-level agreements—transparency remains limited to user-facing guides and token dividend mechanisms.

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.
No direct fiat transfers, bank cards, or e-wallets are supported for deposit; only crypto deposits are accepted, and the timing depends on blockchain confirmation speeds.

Supported Fiat Currencies & Conversion

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.
No direct fiat transfers, bank cards, or e-wallets are supported for deposit; only crypto deposits are accepted, and the timing depends on blockchain confirmation speeds.

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.
No KYC is required—there’s no basic or advanced verification, allowing full functionality without identity disclosure.

Withdrawals

limits, times, and networks
Cryptocurrency withdrawals are allowed across supported networks like ERC-20, but fiat withdrawals aren’t supported; processing time depends on network congestion, with dynamic fees reflecting real-time blockchain conditions.

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.
Support is available via email and Telegram chat, with varied response times—community-created guides serve as informal knowledge resources since no official 24/7 live support is guaranteed.

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 is available in English and other languages, displays amounts in common fiat like USD/EUR via third-party gateways, but lacks localization or regulatory adaptations for specific jurisdictions.

App Quality & Stability

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.
There’s no dedicated mobile app—users rely entirely on the web interface, which shows regular updates on the site and supports stable performance without known crash issues.

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.
The interface presents a learning curve due to its rich functionality and customization options, including color theming and layout flexibility, but doesn’t explicitly offer separate “Lite” or “Pro” modes; instead, it adapts dynamically for both beginner and advanced users, though novices may feel slightly overwhelmed at first.

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 performs quickly due to its single-page application design and responsive internal core, although lower liquidity may lead to slowed fills or slippage during high volatility; since there’s no KYC, there’s no issue with verification queues.

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.
There’s no formal academy or demo environment; educational content comes via guides and third-party reviews, primarily available in English—Spanish-language resources are limited or largely community-generated rather than official.

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.
An active Telegram channel serves as the main community hub, and their multilevel referral program offers generous commission-sharing incentives—no official forums or Discord are indicated.

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.
Charts use TradingView’s charting library, and the platform supports API access for external trading bots; however, it lacks built-in tax compliance or portfolio/accounting integrations.

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.
It’s best suited for proactive crypto traders who value fast, flexible coin-to-coin swaps and deep interface customization; casual users or those needing built-in demo tools, fiat support, or simplified dashboards may find it less immediately accessible.
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