How to open a BingX account step by step, with identity verification

What you need before you start

To open a BingX account you need an email address or a mobile number, a valid ID document and a camera for the selfie, to be 18 or over and to live in a country BingX accepts. If you are going to use P2P, you will also need to link a phone number.

• ID document: national ID card or passport, depending on what BingX accepts for your country. It doesn’t ask for proof of address.
• Email or mobile: if you sign up with email, BingX asks you to link a phone number before buying through P2P.
• The referral code, if you are using one: best entered during sign-up, although BingX lets you add it later under certain conditions. What it is and who gets what is explained in referral code.
• An accepted country: the list of the ones it doesn’t accept is further down, under “Which countries”.

Signing up on the website, step by step

Signing up for BingX takes five steps and asks for no documents yet: you choose email or mobile, create the password, enter the referral code if you have one, accept the terms and confirm with the code you receive. Like this:

1. Go to bingx.com and click Sign Up.
2. Choose email or phone and enter it.
3. Create the password: 8 to 30 characters, with numbers and letters.
4. If you have a referral code, enter it in Referral code. If you came in through an affiliate’s link, check that it is already filled in.
5. Accept the customer agreement and the privacy policy, and enter the code sent to your email or by SMS.

It’s the same in the app: tap your avatar at the top left, then Sign Up, and follow the same steps.

If you signed up without a code, you can add it under Account and Security, in the referrer option (in the app, in your profile settings). It only works if you haven’t yet deposited, bought crypto on BingX or invited anyone, and once it is added it can’t be changed.

BingX identity verification (KYC)

Since 19 November 2024 BingX has had two levels: unverified and advanced verification. For advanced verification it asks for a photo of your ID document and a selfie, and according to its help centre it takes 2 to 10 minutes. Without it, the account is only good for looking around:

1. In your profile, go to Identity Verification and choose Individual.
2. Under Advanced, click Verify Now.
3. Choose your country and the document, and take the photos: the whole document, with no glare and all four edges visible.
4. Take the selfie following the instructions and wait for the result.

BingX warns that the levels and their limits can vary by region. Anyone who verified before 13 June 2024 already has advanced verification.

The first thing after opening it: security

The first thing worth doing after opening the account is linking Google Authenticator, from Account and Security, in the security centre. If you ever reset it, BingX blocks withdrawals for 24 hours to protect you. After that, two more settings:

• Anti-phishing code: 4 to 20 characters, with no symbols and different from your password. It appears in BingX’s emails: if an email doesn’t include it, it isn’t from BingX.
• Fund password: six digits to confirm deposits, withdrawals and trades.

No BingX employee will ever ask for your password or your verification codes. If someone does, it is a scam.

Your first deposit, the demo and moving to futures

With a verified account you can deposit crypto you already own, buy it by card or buy it from another person through P2P. To trade perpetual futures, the balance has to be in the perpetual futures account, which is separate from the funding account:

1. In Assets, choose Deposit, the coin (for example, USDT) and the network, and copy the address. The network must be the same on both sides.
2. If you buy by card, go to Buy Crypto → Bank Card: it requires verification and a linked email, and your bank will ask you to confirm the transaction.
3. When it arrives, transfer the balance from the funding account to the perpetual futures account.

Before using real money, the account comes with 100,000 virtual USDT for the futures demo: they are under Assets → Futures Account → USDⓢ-M Perp → Virtual USDT. They can’t be withdrawn, and they are topped up if they drop below 20,000, once every seven days. What to do on your first trade is in how to start with futures.

Which countries BingX can be used from

BingX does not accept residents of the countries named in its legal notice: among them the United States, Canada, the United Kingdom, the Netherlands, Singapore, Hong Kong and mainland China. The list says “among others” and can change depending on the service, so it’s worth checking before you verify.

• Excluded in its legal notice: Afghanistan, Burundi, Cambodia, Canada, the Central African Republic, mainland China, Cuba, the DR Congo, Hong Kong, Iran, Laos, Macau, Myanmar, the Netherlands, North Korea, the occupied areas of Ukraine, Panama, Singapore, Somalia, the United Kingdom, and the United States and its territories.
• In the European Economic Area: BingX EU, its Vienna-based subsidiary, obtained a MiCA licence from Austria in October 2026 for crypto exchange and custody, not for futures: MiCA doesn’t cover derivatives. According to the ESMA register, that licence doesn’t reach Spain or Malta. Accounts on bingx.com are not covered by any MiCA licence.

If you live in the EEA, check on the ESMA register which BingX entity is authorised in your country and for which services. If you live in the United Kingdom, BingX does not accept UK residents.

BingX compared with the others

BingX is best known for its copy trading, which lets you copy other traders on perpetual futures, standard futures and spot. In September 2024 around 44 million dollars were stolen from its hot wallet, and it promised to cover its users.

How it compares with Bitunix, Bitget and OKX on licences, reserves and track record is in the exchange comparison. CryptoBruj also compares exchanges for trading in 2026 in this video on its channel (in Spanish).

Frequently asked questions