Seeking a comparative review of Bitget Vs BingX to trade digital assets? If so, our detailed review will help you analyze how the two cryptocurrency exchanges stack up against each other. We’ll compare them in terms of core features, trading tools, fees, supported cryptocurrencies, security, customer support, and referral programs. We’ll also highlight the pros and cons of each platform to help you make an informed choice.
BingX Vs. Bitget Exchange Comparison Table
| Comparison metrics | BingX | Bitget |
| Year of launch | 2018 | 2018 |
| Active users | 20M+ | 120M+ |
| Global coverage | 160+ regions | 150+ regions |
| Native coin | – | BGB |
| Supported cryptocurrencies | 1,000+ | 677+ |
| Trading features | P2P, spot, derivatives, signal, automated (grid and martingale), pre-market, and copy trading. | P2P, spot, margin, on-chain, derivatives, pre-market, bot, and copy trading. |
| Staking options | Fixed and Flexible Earn, Shark Fin, Dual Investment, and Crypto Loans. | Fixed and Flexible Earn, Shark Fin, Dual Investment, On-chain Earn, On-chain Yield, HodlerYield, and Cryptocurrency loans. |
| Payment methods | Bank transfer, credit card, Apple or Google Pay, third-party providers like AirTM, Zelle, Wise, and Payeer. | Bank transfer, debit/credit card, Apple/Google Pay, third-party gateways such as Neteller, Revolut, Uphold, and Skrill. |
| Security | BingX Shield Fund, multi-factor authentication, fund code, cold storage, Passkey, withdrawal whitelists, Proof-of-reserves (PoR) | Protection fund, PoR, cold storage, two-factor authentication (2FA), Passkey, cold storage, withdrawal allowlists, anti-phishing codes, and device management. |
| Regulatory compliance | Operating licenses in various locations, including the US, Europe, and Canada. | Operating licenses in several jurisdictions, including the UK, Poland, Argentina, and Australia. |
| Mobile app rating (Android cum iOS) | Google Play: 4.5/5
App store: 4.7/5 |
Google Play: 4.5/5
App store: 4.6/5 |
| Key partners | Chelsea Football Club | LALIGA and MotoGP |
BingX Exchange: Overview
BingX is a reputable cryptocurrency exchange combined with Web3 company, catering to both beginners and experienced traders. It is the pioneer all-in-AI platform, offering a diverse range of cutting-edge trading tools, products, and services.
On the occasion of its 7th anniversary, BingX unveiled its AI evolution strategy, backed by an investment of $300 million. Additionally, it has introduced BingX AI, the first AI-driven cryptocurrency trading assistant, powered by advanced algorithms, comprehensive data, and multi-model engines. It delivers personalized insights to help users spot profitable opportunities and manage their positions with ease.
Overall, BingX aims to harness AI to build an inclusive global environment where everybody can access and trade crypto seamlessly.
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Notable Features of BingX
- Trading bots: Bingx predominantly offers martingale and grid trading bots to help users automate strategies and clock profits regardless of market vagaries. You can also customize the pre-built bots based on your preferences. Currently, the exchange provides spot grid, spot infinity grid, futures grid, and futures martingale bots.
- Copy trading: If you want to mirror the trading strategies of seasoned investors, explore BingX’s copy trading feature. You can also filter elite traders based on various metrics such as ranking, account level, PnL, ROI, etc. In case you become an elite trader, you’ll earn a 32% profit share from your copiers’ trades. You’ll also receive a monthly salary of up to 1,000 USDT and up to 2% annualized management remuneration.
- Futures Kickoff: This feature enables beginners to trade futures with a single click. You need to simply forecast whether the price of an underlying cryptocurrency will go up or down. Moreover, it has built-in take-profit and stop-loss levels.
Bitget Exchange: Overview
Bitget is a top cryptocurrency exchange and blockchain company, especially for copy trading. It has garnered massive popularity among digital currency buffs due to its low fees, advanced features, and Launchhub. Since its inception in 2018, Bitget has expanded significantly, with daily volumes surpassing $20 billion.
Its prime vision is to create an equitable future by financially empowering the unbanked groups. It also aims to stimulate crypto adoption and help users make smarter investment decisions.
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Notable Features of Bitget
- Copy/Social trading: Bitget is touted as the #1 exchange for copy trading. It supports spot, futures, bot, and signal copy trading, and has over 190K elite traders and more than 800K followers. Besides, if you’re approved as an elite trader, you can get a 30% profit share from your followers’ trades.
- Automated bots: Bitget provides many pre-programmed bots tailored to bullish, bearish, and sideways market conditions. These include grid bots, martingale bots, smart portfolio, and TradingView-integrated signals. Additionally, the platform offers AI bots that come with intelligent parameter settings. Therefore, traders don’t need to enter their desired criteria manually.
- Launchhub: Bitget offers an array of services to help traders gain early access to promising tokens.
- Pre-market: It is an OTC platform that helps users buy/sell tokens at preferred prices before they’re officially listed.
- LaunchX: It enables traders to uncover premium projects and buy their tokens at discounted prices before they’re officially released.
- Launchpad: It allows you to subscribe to tokens of upcoming projects by committing BGB tokens.
- Launchpool and PoolX: These platforms help traders lock up designated tokens and receive airdrops of newly listed or trending cryptocurrencies.
- Candybomb and on-chain airdrops: You can claim airdrops by completing the designated tasks.
- Deposit to list: Projects with the specified number of valid depositors will be listed on Bitget.
Bitget vs BingX: Trading Options and Tools
| Trading feature | Bitget | BingX |
| Peer-to-peer (P2P) marketplace | ✓ | ✓ |
| Spot market | ✓ | ✓ |
| Convert | ✓ | ✓ |
| Perpetual contracts | ✓ | ✓ |
| Expiry/Delivery futures | ✓ | ✓ |
| Mirror/copy trading | ✓ | ✓ |
| Margin/Leveraged trading | ✓ | ✓ |
| Grid trading | ✓ | ✓ |
| Signal trading | ✓ | ✓ |
| Martingale | ✓ | ✓ |
| Pre-market trades | ✓ | ✓ |
| Paper trading | ✓ | ✓ |
| NFT platform | ✓ | Х |
BingX vs Bitget: Additional Features, Products, & Services
BingX
- Spot trading: The BingX exchange supports over 1,074 cryptocurrencies and 1,120 spot pairs, including USDT, USDC, and BTC pairs.
- Derivatives trading: The platform offers USDS and coin-settled perpetual contracts. It also supports standard futures contracts with pre-determined expiry dates. Currently, BingX has 734+ futures pairs. Plus, derivative traders can use up to 150x leverage for some pairs.
- Launchhub: The BingX exchange offers the following features to help users access new tokens early.
- Pre-market transactions: You can buy, sell, or trade crypto gems at desired prices prior to their official release on other exchanges.
- Launchpool: These are mining pools, where traders can stake their crypto holdings to mine new tokens and earn rewards.
- Launchpad: It is a platform that enables early-stage crypto projects to connect with potential investors to secure funding. BingX vets each project and only showcases the most promising ones on Launchpad. As an investor, you’ll get access to new tokens with high profit potential.
- Xpool: It allows users to stake their cryptocurrencies to participate in new token mining and earn reward points.
- Airdrop Bonanza: Traders need to deposit tokens or execute trades to win rewards.
- BingX Academy: It features a plethora of educational resources on cryptocurrencies, blockchains, Web3, and DeFi. Whether you’re a newcomer or an experienced trader, you’ll find explainer articles, guides, and tutorials tailored to your needs.
- Wealth: BingX Wealth provides many staking options to help users put their idle assets to work and receive passive income. These include Shark Fin, Fixed Earn, Flexible Earn, and Dual investment.
Bitget
- Spot trading: Bitget enables users to trade 677+ coins and 773+ trading pairs in the spot market. Traders can also utilize up to 10x leverage to amplify their returns.
- Leveraged trading: The exchange offers both isolated and cross margin modes. For select futures pairs, Bitget provides a leverage of up to 125x.
- Derivative trading: You can trade USDT, USDC, and coin-settled perpetual contracts on Bitget. Plus, the exchange enables you to trade Bitcoin and Ethereum delivery futures contracts.
- Earn: Bitget offers numerous principal-guaranteed and structured staking products to help you generate passive income by locking up your crypto holdings. These include Simple Earn, Shark Fin, Dual Investment, On-chain Elite, and HodlerYield.
- Crypto loans: You can avail of over-collateralized crypto loans at competitive interest rates for fixed (7-30 days) and flexible periods. For institutional traders, Bitget offers loans of up to $10M for durations of up to 365 days at low rates.
- Bitget Academy: It helps you master the A-Z of crypto trading and stay abreast of the latest happenings in the Web3 space. It features extensive learning resources, comprising expert insights, trading tips, market updates, beginner guides, and price data.
- Bitget wallet: It is a multi-chain self-custody wallet with a built-in dApp store, NFT marketplace, and crypto debit card. It is backed by a $300 million protection fund and helps you earn up to 10% APY by staking USDC.
Bitget vs BingX: Trading Fee Structure
| Service | Bitget fees | BingX fees |
| Spot trading | 0.1% for makers and takers | 0.1% for makers and takers |
| Perpetual contract trading | 0.02% market maker, 0.06% market taker | 0.02% market maker, 0.05% market taker |
| Standard futures trading | Same as perpetual trading fees | 0.045% |
| Fee rebates | 20% for BGB owners | – |
| Deposit costs | Doesn’t levy deposit fees | Doesn’t collect deposit fees |
| Withdrawal fees | Differs according to the cryptocurrency or blockchain you select. | Differs according to the cryptocurrency or blockchain you select |
| Crypto loan rates | Varies based on your VIP tier. The higher your tier, the lower the interest rates, and vice versa | – |
Bitget vs BingX: Coins Supported, Liquidity & Trading Volumes
| Particulars | Bitget | BingX |
| Supported cryptocurrencies | 677+ | 1,000+ |
| Spot pairs | 773+ | 1,120+ |
| Futures (perpetuals and standard) pairs | 776+ | 734+ |
| Trading volumes and liquidity | Ranks among the 10 best centralized cryptocurrency exchanges globally; Offers comprehensive liquidity, and daily volumes exceed $20B. | Ranks among the top 20 centralized exchanges worldwide; Offers deep liquidity |
| Fiat currencies supported | 140+ | 100+ |
BingX vs Bitget: Security Comparison
BingX Security Measures:
- BingX Shield Fund: To protect user funds, BingX has established a dedicated reserve. It serves as a safety net against platform-related issues, technical bottlenecks, cyber attacks, and system vulnerabilities. Whether you hold, stake, or trade cryptocurrencies on BingX, the insurance fund will safeguard you from unexpected risks. It is currently valued at over $155.71 million.
- PoR: BingX ensures that investors’ assets are backed 1:1 by reserve funds. It also publishes monthly proof-of-reserve reports, and its financial data is verified by renowned auditors like CertiK.
- Other safety measures: The exchange requires users to enable 2FA, passkeys, and app alerts for their accounts. You also need to set up a fund password and use the “Withdraw via address book” functionality for enhanced security. Besides, BingX has implemented an AI-powered cybercrime detector and mandatory know-your-customer (KYC) measures with Sumsub as a partner.
Bitget Security Measures:
- Insurance fund: It safeguards user funds against platform issues and cyber threats. It also compensates traders who incur losses due to factors that aren’t attributed to their trading actions. Currently, the protection fund is valued at $680 million.
- PoR: Bitget maintains a 100% reserve ratio, covering all user assets and withdrawals. Moreover, the exchange publishes snapshots of your asset balances as well as the assets held in its wallets every month.
- Account security features: To protect user accounts, Bitget has established powerful measures such as 2FA, anti-phishing code, mandatory KYC verification, and withdrawal allowlisting. It also preserves your crypto holdings offline in multi-signature cold wallets.
Bitget vs BingX: Referral and Affiliate Program
| Particulars | Bitget | BingX |
| Referral Code | NFTPlazas1 | WYMSQVR5 |
| Primary referral reward | Rebate perks of up to 25% for a year, starting from the invitees’ registration dates. | Commission of up to 10%. |
| Other referral bonuses | Welcome bonuses, token airdrops, free USDT, mystery boxes, fee discounts, reward points, APR vouchers, trading bonuses, and LALIGA merchandise. | Welcome gifts, mystery boxes, trial funds, fee rebates, trading bonus vouchers, VIP passes, virtual USDT, copy trading subsidies, and more. |
| Eligibility criteria | Referees must register using your invitation code/link and complete KYC verification. They must also complete the designated deposit and trading volume activities within the given period. To win LALIGA merch, vote on the potential outcome of a match. | Invitees must create an account using your referral code/link and complete advanced identity verification. They also need to complete the necessary deposit and trading activities within a specific period. |
| Affiliate program commission | Up to 50% | Up to 50% |
| Affiliate eligibility criteria | KOLs or influencers with over 100 followers on social media. | Content creators, key opinion leaders (KOLs), community owners, or social media influencers who want to monetize their network or traffic. |
| Exclusive affiliate benefits | Access to industry summits, top Bitget executives, 24/7 multilingual support, daily market data, crypto news, and exclusive macro insights. | Real-time referral income tracking, special promotional campaigns, 24/7 dedicated customer services, and cutting-edge crypto products. |
Discover how to use Bitget invitation codes and Bingx invitation codes to earn sign-up bonuses and attractive rewards.
Bitget vs BingX: User Experience & Customer Support
BingX and Bitget mobile apps enjoy high ratings of more than 4.5/5 across Google, Apple, and Samsung stores. However, both exchanges have received poor reviews on Trustpilot and Reddit.
Many BingX users have reported that the platform blocks/restricts their accounts, especially when they make gains or large deposits. Even if the profit amount is small, they’re unable to withdraw it despite completing KYC verification and submitting the required documentation.
Similarly, Bitget users have complained about technical failures, fund freezes, and money losses. Some also experienced a malfunction with the auto-add margin system while using trading bots.
Lastly, users of both platforms have expressed dissatisfaction with customer service, citing delays in resolving their queries.
Conclusion
Based on our Bitget Vs BingX direct comparison, both are among the top exchanges for copy trading. While BingX has a more beginner-friendly and cost-saving setup, Bitget has more active users and is appealing to advanced traders. Overall, both offer a fantastic trading experience.
FAQs
Both crypto exchanges have implemented powerful security measures like 2FA, cold storage, PoR, and insurance funds. However, in September 2024, BingX suffered a major hack, resulting in a loss of $52 million. Therefore, Bitget is safer, as it hasn’t faced a significant security breach to date.
Bitget is better than BingX, especially for copy trading, advanced tools, and institutional services. It also offers competitive fees, including discounts for BGB owners, and higher referral commissions. For American users, Coinbase is the best.
BingX has a cleaner, simpler, and more user-friendly interface. It also offers beginner-friendly features like copy trading, quick buy, and demo accounts. Moreover, it has fewer complex features, making it more conducive for newbies.
Both exchanges charge the same spot fees. They also impose the same maker fees for contract trading. However, BingX collects a lower taker fee for trading derivatives, while Bitget offers a 20% discount to BGB holders. Therefore, Bitget is cost-effective for BGB owners, while BingX is cheaper for others.
