CEX (no/threshold KYC)

BingX

BingX is in the same "tiered KYC" bucket as MEXC — usable without identity verification up to threshold, with the thresholds subject to change.

Website

bingx.com

KYC

tiered KYC — Tiered limits historically allowed limited trading and withdrawals without identity verification; thresholds change without notice.

Status

active

Fiat on-ramp

yes

Payment

crypto, card (via partners)

Jurisdiction

Singapore (operator-disclosed)

Founded

2018

Open source

no

Custodial

yes

Last verified

Jan 1, 2026

Sources

2

Overview

Strengths

• Liquid derivatives market alongside spot.
• Mid-tier KYC thresholds usable for moderate-volume retail use.

Caveats

• Centralized custody.
• Tier limits and KYC enforcement are operator-managed and have shifted.
• Facts need re-verification by operator (last seeded 2026-01).

Verdict

BingX is in the same "tiered KYC" bucket as MEXC — usable without identity verification up to threshold, with the thresholds subject to change. As with any CEX in this bucket, do not treat it as privacy infrastructure — at most, it is a liquidity venue you happen to be able to use without ID.

FAQ

Does BingX require KYC?

BingX uses a tiered approach: identity is required above certain thresholds. Tiered limits historically allowed limited trading and withdrawals without identity verification; thresholds change without notice.

What payment methods does BingX accept?

BingX accepts: crypto, card (via partners).

Where is BingX based?

Operating jurisdiction listed as Singapore (operator-disclosed). This is best-known information; corporate structure can be opaque.

Sources

1. BingX support · accessed Jan 1, 2026
2. KYCnot.me — BingX entry · accessed Jan 1, 2026

Alternatives to BingX

• BloFin tiered kyc · Cayman
• Bybit tiered kyc · Dubai
• BTSE tiered kyc · British
• CoinEx tiered kyc · Hong
• Gate.io tiered kyc · Cayman
• KCEX tiered kyc · unknown

Entry last verified Jan 1, 2026. Notice an error? Send it via the contact form.