What rank is the BingX exchange? (2024)

What rank is the BingX exchange?

BingX is a Centralized exchange that ranks #50 on BitDegree Exchange Tracker. BingX has a trading volume of $1,102,897,447 in the last 24 hours and $210,821,352,366 in the last 7 days. BingX currently has 567 cryptocurrencies, 7 fiat currencies and 751 markets (cryptocurrency trading pairs).

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What is the rating of BingX?

BingX is a centralized cryptocurrency exchange established in 2018 and registered in British Virgin Islands. The daily trade volume for BingX is $849,275,713, but is BingX safe? BingX security rating is A with 82.90% security score.

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Is BingX a good trading platform?

Overall, BingX makes a trustworthy option for trading major cryptocurrencies with margin and derivatives.

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What is Binance exchange World ranking?

Binance is a Centralized exchange that ranks #1 on BitDegree Exchange Tracker. Binance has a trading volume of $6,720,305,405 in the last 24 hours and $4.19T in the last 7 days. Binance currently has 402 cryptocurrencies, 11 fiat currencies and 1591 markets (cryptocurrency trading pairs).

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What is a Tier 1 crypto exchange?

A tier 1 crypto exchange refers to the largest and most reputable trading platforms in the cryptocurrency market. They are the pioneers of crypto trading and have managed to establish themselves as industry leaders.

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Is BingX legal in USA?

31, 2022 /PRNewswire/ -- Social crypto trading platform BingX received official approval in the United States and Canada to operate as a Money Services Business (MSB) exchange under regulatory control. BingX prides itself on being compliant, adhering to regulatory practices and industry standards across the board.

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How many users does BingX have?

About BingX

Founded in 2018, BingX is the world's leading cryptocurrency exchange, providing spot, derivative, copy and grid trading services to more than 5 million users in over 100 countries and regions.

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Is BingX available in Europe?

BingX is an international digital services financial institution, with branch offices in Asia, Oceania, Europe, and South America. BingX has also registered or obtained regulatory approval to operate in other countries where it provides its services or carries on any form of business.

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What is the safest crypto exchange?

If you are looking to trade on a highly secure, regulated crypto exchange that offers a large number of supported cryptocurrencies, Gemini is your go-to choice. If you are looking to trade a wide range of new and small-cap crypto tokens, BitMart is arguably the best choice.

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Who is the largest crypto exchange?

Binance, the world's largest cryptocurrency exchange platform — where users from across the globe buy and sell electronic forms of money — admitted to violating U.S. laws to prevent money laundering and sanctions violations and agreed to pay the government $4.3 billion in fines and fees, the Justice Department ...

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What is a Tier 4 crypto?

Building integration for new blockchains, however, is a detailed and time-consuming process. To solve this, we occasionally list tokens prior to fully integrating with the underlying blockchain, accelerating the timeline for users to buy, hold, send, or sell the asset. We call these “Tier 4” assets.

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What is Tier 1 vs Tier 3?

Tier 1 Suppliers: These are direct suppliers of the final product. Tier 2 suppliers: These are suppliers or subcontractors for your tier 1 suppliers. Tier 3 suppliers: These are suppliers or subcontractors for your tier 2 suppliers. These tiers can extend longer than three.

What rank is the BingX exchange? (2024)
Is Bybit a Tier 1 exchange?

Bybit crypto exchange secures AA status in CCData Crypto Exchange Benchmark Report 2023. Bybit, a Tier-1 platform for spot and derivatives crypto trading, announces that it has achieved an "AA" rating in the latest CCData Crypto Exchange Benchmark Report.

Who created BingX?

Company Overview. Co-founded in 2018 by Josh Lu, BingX has its headquarters in various strategic locations such as Canada, the European Union, and Australia. The platform has expanded its presence to more than 100 countries, accumulating over 5 million users worldwide.

Is BingX a crypto exchange?

BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users.

Does BingX support forex?

Dear BingX Users: BingX will add Forex, stock and commodities for Standard Futures on 2023-03-10 at 18:00 (UTC+8). More trading pairs will be listed.

Does BingX have leverage?

BingX adheres to a tiered margin model approach for risk management. The maximum leverage is determined based on your position's notional value. To mitigate the potential risks associated with high leverage, the larger your position notional value, the lower the maximum leverage.

Does BingX work in Iran?

To maintain our strong reputation in the market and ensure a robust compliant marketplace, we have decided to not seek nor accept customers from certain jurisdictions including Afghanistan, Burundi, Central African Republic, Congo, Mainland China, Hong Kong Special Administrative Region, Macau Special Administrative ...

Does BingX have fees?

BingX does not charge deposit fees. Please note to meet the minimum deposit requirement, otherwise, your deposit will not be credited and returned. For each withdrawal, users need to pay a flat fee. Withdrawal fees are determined by the blockchain network and can fluctuate due to factors such as network congestion.

Is BingX decentralized?

Decentralized exchanges are not as user-friendly as global centralized exchanges like BingX As a beginner trading derivatives, you may have problems finding your way around the exchange.

Can you trade on BingX without KYC?

A3: All BingX users must complete the KYC verification in order to use the BingX P2P Trading service. This ensures that all accounts are registered and used by the legitimate account holder. You can check the required documents in the "User Center" by clicking your avatar icon, and clicking "Identity Verification".

Can you short crypto on BingX?

BingX futures trading platform allows you to draw on leverage while going long or short to hedge risks or make money in a volatile market.

Is BingX available in Germany?

BingX: 3rd Best Copy Trading Platforms in Germany.

Is BingX Legal in Australia?

BingX is an Australian registered entity, BINGX GLOBAL PTY LTD (ABN 31 646 052 244). BingX is registered as a Digital Currency Exchange (DCE) and has AUSTRAC registration number 100725677-001. As an AUSTRAC registered DCE, BingX must perform KYC and know the identity of their customers.

Which crypto exchange in Germany?

Bitcoin exchanges: There are several reputable Bitcoin exchanges that operate in Germany, such as Bitcoin.de, Kraken, and Litebit.eu. You can buy Bitcoin using Euros on these platforms.

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