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Hedge Partial
Spot Mode TP/SL
Infinity
Grid
Order by
amount
Order by
cost
Order by
notional
value
Zero
Slippage
P2P
At BingX, you have three ways to buy cryptocurrencies: P2P trading, crypto, and bank
deposit.
P2P Trading is available for global users, supports fund escrow during transactions, and is
highly flexible.
NOTE:
- All BingX users must complete the KYC verification in order to use the P2P Trading
Service.
- To prevent abnormal deposits and withdrawals, money laundering, fraud, and other
illegal activities, the T+1 withdrawal limit is implemented for P2P. This means that
users need to wait at least 1 day after buying cryptos through P2P Trading before they
can withdraw or sell them.
- Payment method: BingX supports Visa and Mastercard payments. There is a fee for
credit/debit card payments, depending on the region, transaction fee is different.
- Currently supported fiat currencies:
EUR/USD/GBP/TWD/AUD/BRL/CHF/MXN/PLN/SEK/JPY/CZK/AED/INR/TRY
- Supported cryptocurrency: USDT
Copy Trading
UPGRADE #1: Expanding trader options with Cross Margin, Limit Order, Partial
Position Close, and more.
● Product Overview
The Copy by “Per Order” mode in Perpetual Futures Copy Trading is a powerful trading tool that
enables copiers to copy the Perpetual Futures trading signals of the trader by investing a fixed margin
per order. Copiers have the flexibility to set the margin, leverage, TH/SL, Partial Position Close, and
Reverse on the Perpetual Futures trading page.
● Upgrade Details
Copiers follow the trader’s lead on trading pair selection and long or short direction, while their
leverage and other parameters can be decided by themselves in Perpetual Futures. This allows
copier to leverage the trader’s success and amplify their profits with the set leverage.
"Copy Trading Subsidy Voucher" is a type of insurance that can be used in setting up Copy Settings.
If a user's copy order generates a loss, the Subsidy Voucher will be settled and a subsidy will be
issued to the user's account. The maximum subsidy is capped at the value of the Subsidy Voucher.
● Innovator of the feature to safeguard user fund: BingX is the first crypto exchange to launch
Copy Trading Subsidy Voucher. With the Subsidy Voucher, users who generate losses in their
copy orders will receive a subsidy in USDT, thus enjoying worry-free copy trading.
● Easy and beginner-friendly navigation: Copiers only need to apply the Subsidy Voucher in the
Copy Settings to have their copy orders protected, and free them from the worry of losses.
● Direct settlement and simple procedure: Copiers only need to make sure that they apply the
Subsidy Voucher when copying orders. If there are any losses incurred during the validity
period of the Subsidy Voucher, the system will settle the claim automatically.
"Recommend to Earn" is a mechanism to promote traders. This mechanism helps users who discover
elite traders to get extra income while helping elite traders to get more copiers, so as to achieve a win-win
situation for both elite traders and referrers.
The referrer can recommend traders to other users for Copy Trading. If the recommendation is
successful, the referrer will receive a 25% recommendation reward. Only applicable to Futures Copy
Trading.
Copy Trading
"Copy With 0 Slippage" is a "slippage protection mechanism" for BingX Futures Copy Trading. Zero
slippage means that the opening and closing filled prices for copiers are consistent with the trader's
opening and closing filled prices. This allows users to bid farewell to slippage concerns and enjoy the
ultimate copy trading experience.
Note: Standard Futures system now offers free 0 slippage trading (no price difference between
traders and copiers), so there'll be no option to set 0 slippage in the Copy Trading settings.
Copy Trading
The Elite Copy Traders Program is a trader incentive scheme launched by BingX for Copy Trading.
The Program aims to bring about more rights and benefits to high-quality traders who have been
dedicated to continuous copy trading and create a benign social trading environment where good
traders shine.
Rule Overview: The system evaluates traders based on multiple metrics such as their Account
Assets, Copiers, Trading Volume or Copy Assets (copiers' real-time equity) to decide what rights and
benefits shall be granted to traders. Traders with different account levels, ranging from Bronze, Silver,
Gold to Diamond, will enjoy the corresponding resources and benefits, including but not limited to
higher profit share, extra salary and rewards.
Dsd
The essence of Grid Trading can be summarized in one sentence: In a volatile market, it automatically
buys low and sells high to gain profits.
By setting a price range, the fund will be divided into equal shares and will operate automatically
according to the set grid parameters. When the price falls, it will buy shares, and when the price rises,
it will sell shares. Each buying and selling of a grid will generate a price difference and continuously
accumulate profits in a volatile market.
At the same time, your risk has also been reduced because your investment has been divided into
hundreds of tiny positions. As long as the market fluctuates, you will continue to make profits.
Features
Grid Trading is a tool that perfectly adapts to the unique characteristics of the crypto market:
● Keeps running 24/7, eliminating the trouble of constantly monitoring the market.
● As long as the market fluctuates up or down, there will be profits.
Grid Trading
BIngX has already launched the Spot Grid, Futures Grid, and Infinity Grid.
Trading Pair:
● The trading pairs currently supported on Spot Grid and Spot Infinity Grid are the same as
BingX Spot trading.
● The trading pairs supported on Futures Grid are the same as BingX Perpetual Futures.
Trading Fee:
The trading fees for Futures Grid are the same as BingX Perpetual Futures. For ordinary users, the
Maker fee rate is 0.02%, and the Taker fee rate is 0.05%. VIP users can enjoy discounted fees.
CONVERT
The trading fee for the BingX Convert feature is 0.2%. The conversion rate is a comprehensive rate
derived based on factors such as the total trading volume on BingX, rates from multiple spot
exchanges and market depth. As the market is subject to dynamic changes, the data is for reference
only and the actual result shall prevail.
BingX Convert is a streamlined trading tool that allows you to quickly convert cryptocurrencies based
on market conditions without needing to complete KYC verification.
BingX Converter
Trailing Stop (TS) allows traders to place a pre-set order at a specific amount away from the market
price when the market swings. It helps traders limit the loss and lock in profits when a trade does not
move in the direction that traders consider favorable.
● After setting the "trailing distance", the system will update the TS price when the market moves
in your favor. If the market keeps moving in your favor, the TS price can move past your entry
price and turn into a TP price, helping lock in the profit in case the market moves against you.
Example:
● Step 1: On the Futures page, tap “TP/SL” under the “Position” tab to enter the settings page.
● Step 2: Tap the "Trailing TP/SL" tab, input the "Callback Rate" and "Size", and then enable
"Act. Price" to finish the setup. If you did not set the act. price, the trailing TP/SL will be
activated immediately when placing the order. (You can view all the current Trailing TP/SL
orders by tapping on the "See 1 record" in the "Position" tab.)
Activation Rules
● If you don't specify an activation price, this will default to the current price, which means that
it will be immediately activated when the order is placed.
● You can choose to activate the order at the Mark Price, Last Price, or Index Price. When the
activation price is reached, the trailing TP/SL will be activated.
Trigger Rules
->Close Long:
Procedures
● Go to the position page, tap on [TP/SL] to enter the [Add TP/SL] pop-up, and then switch
on Set TP or Set SL which is off by default.
● If you'd like to implement a TP/SL on a partial margin, tap on [Set Partial TP] or [Set Partial
SL] and an input field for Closing Margin will unfold. The default value is the entire margin
(100%), and you can change it to your desired value.
● Set TP/SL by ratio or by price, and the system will automatically estimate related
parameters. The estimated values are for reference only without counting in fees such as
trading fees. The final profit shall be based on the actual trigger price. The estimated TP or
SL is calculated based on the Closing Margin you set. The estimated TP or SL ratio is
calculated based on the remaining margin of the position.
Direction Hold position of a contract only in Hold both long and short positions of
one direction. the same contract simultaneously.
Opening/Closing Either open a long or short position, Choose between "Open" or "Close"
position much like how you'd buy and sell in before placing an order, and then
the spot market. select "Long" or "Short". When you
want to open a position, please first
select "Open".
Leverage Only one leverage can be set for Different leverages can be set for long
both long and short directions. and short positions.
Future Trading
Calculation formula:
Order by cost is based on the amount of cost you wish to invest, and the opening cost is not affected
by leverage. The cost amount you enter includes the initial margin and trading fees, calculated in
USDT.
Calculation formula:
Order by notional value is based on the notional value you enter (affected by leverage) for investment,
and the global unit will switch to USDT. Notional value is not equal to the actual invested amount.
Calculation formula:
Note: In case of having an order of 100 USDT with a 5x leverage, the difference between order by
cost and order by notional value is as follows:
- By cost: manage approximately 500 USDT funds with a 100 USDT margin.
- By notional value: manage approximately 100 USDT funds with a 20 USDT margin.
Future Trading
Guaranteed Price is an exclusive feature from BingX. By selecting it when creating a "Trigger Order"
or "Stop-Loss Order", you can ensure your position is executed at the preset price, achieving zero
slippage. BingX will bear the risk of slippage on your behalf. From August 2023, the Guaranteed Price
feature has covered all 166 trading pairs currently available on BingX's perpetual futures, including
BTC, ETH, DOGE, SHIB, XRP, LTC, and more.
Note:
● As BingX assumes the risk of your slippage, a fee will be charged in the event that this risk
materializes and triggers the mechanism.
● Please note that BingX Guaranteed Price does not charge upfront, but only charges a certain
fee based on the trading volume when it is triggered (limited-time special offer for this feature).
Affiliate Program
The affiliate program by BingX offers some of the most sought-after features and benefits in the
cryptocurrency world.
Payment Methods
BingX offers multiple payout options for affiliates, ensuring that withdrawals are convenient and
seamless. Affiliates can receive their earnings in various cryptocurrencies, including Bitcoin (BTC),
Ethereum (ETH), and Tether (USDT), providing a diversified range of payment methods to
accommodate users’ preferences.
Marketing Support
Successful affiliate marketing programs provide resources and tools that help affiliates maximise their
earning potential. BingX assists its partners with marketing materials such as banners, promotional
content, and tracking tools designed to attract more users and earn better commissions.
The BingX Affiliate Program offers multiple advantages if you truly want to make money in the crypto
space.
REQUIREMENTS
Individual with ≥ 1000 followers in ≥1 social Opinion leaders in ≥1 group with ≥400
media platform (Tiktok, Facebook, Twitter, members (Telegram, Facebook, Discord,
Instagram, Youtube) Reddit, Wechat, VK)
Business/Organization with ≥ 500 user base Market Analysis platform ≥ 1000 daily visits
An Affiliate of Other Crypto Exchange With the long-term ownership of a venue for
localized events of BingX
Affiliate Program
Incomes Earned by BingX Affiliate
>=200 50%
BingX Earn Commission Together allows users to allocate a part of their commission to their friends,
which will be issued to them after they sign up and trade with BingX.
Broker Program
API Broker
Empower brokers providing value-added trading services. Seamlessly integrate with BingX’s liquidity
and market depth using a user-friendly API, expanding your services to BingX users.
Exchange Broker
Empower brokers looking to build their own exchanges. Offer security infrastructure and technical
support, while you retain control over the user operation and management.
Apply for your unique Sourcekey (Broker ID) and set up details with the
business manager.
How to apply
Fill out the application form and BingX manager will reach out to broker within 48 hours to discuss the
onboarding process. Brokers may email broker@bingx.com to learn more.