BingX: availability and regulation
BingX is a global crypto exchange known for copy trading, spot, and perpetual futures. It serves over 160 countries but restricts the United States, the United Kingdom, Canada, Singapore, mainland China, and others. It holds an AUSTRAC registration in Australia and a Lithuanian entity registered with the FCIS that is transitioning toward the European Markets in Crypto Assets framework.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
BingX is a global crypto exchange founded in 2018 that is known for copy trading alongside spot and perpetual futures. As of February 2026 it serves users in over 160 countries but restricts a number of markets, including the United States, the United Kingdom, Canada, Singapore, mainland China, and Hong Kong. It holds registrations including one with AUSTRAC in Australia and a Lithuanian entity registered with the Financial Crime Investigation Service that is transitioning toward the European Markets in Crypto Assets framework.
What BingX is
BingX is a crypto exchange founded in 2018. It offers spot trading, perpetual futures, and a copy trading feature that lets users mirror the trades of others, across a wide range of assets. It markets itself as a social and derivatives focused platform.
The platform is custodial, which means BingX holds the assets in your account for you. Derivatives with leverage can amplify losses as well as gains, and they carry risks that differ from simply holding crypto. Fees vary by product and region. Confirm the current fee schedule and product terms on the platform before trading.
BingX operates through several entities across regions and has been building its registrations, including in Australia and Lithuania. The entity that serves a given user depends on where they live.
Registrations and restrictions
- Australia. A BingX entity holds a registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a digital currency exchange provider (as of February 2026).
- European Economic Area. A BingX entity is registered with Lithuania's Financial Crime Investigation Service (FCIS) and is transitioning toward the Markets in Crypto Assets (MiCA) framework. Confirm the current authorisation status before relying on it (as of February 2026).
- United States. BingX restricts United States residents, citing United States regulatory requirements from authorities such as the Securities and Exchange Commission and the Commodity Futures Trading Commission (as of February 2026).
- Other restricted regions. BingX restricts the United Kingdom, Canada, Singapore, mainland China, Hong Kong, and sanctioned jurisdictions, among others. The full list sits in its terms, which is the authoritative reference (as of February 2026).
Each point is stated as of 21 June 2026. Registrations and restrictions change. Confirm the current position on the regulator register and the platform before acting.
Where BingX is available
As of February 2026 BingX says it serves users in over 160 countries, including Australia and markets across Latin America, parts of Asia, and Africa. The product set, including which derivatives and payment routes are offered, varies by region.
BingX restricts the United States, the United Kingdom, Canada, Singapore, mainland China, Hong Kong, and sanctioned jurisdictions. Do not rely on access from a restricted region, and check the current position on the platform for your country before signing up.
BingX is available in many countries but restricts the United States, the United Kingdom, Canada, and Singapore. Availability depends on where you live, so compare the exchanges that are genuinely available in your country before you choose.
Regulator and sources
The supervising authorities differ by market: the Australian Transaction Reports and Analysis Centre (AUSTRAC) for the Australian entity and Lithuania's Financial Crime Investigation Service (FCIS) for the European entity, which is transitioning toward the Markets in Crypto Assets framework. BingX's own terms and supported countries information are the authoritative reference for current availability.
- BingX terms and restricted countries support pages.
- AUSTRAC and Lithuanian FCIS public registers.
- Public reviews and reporting on BingX supported and restricted countries, 2026.
Frequently asked questions
Is BingX safe and regulated?
BingX is a global crypto exchange that holds registrations including one with AUSTRAC in Australia and an entity registered with the FCIS in Lithuania that is transitioning toward the European Markets in Crypto Assets framework. Registration does not remove market or platform risk, and this is information rather than advice. This is current as of February 2026.
Is BingX available in the United States?
No. As of February 2026 BingX restricts United States residents, citing United States regulatory requirements. United States residents should compare platforms registered for that market instead.
Which countries does BingX restrict?
BingX says it restricts a number of regions, including the United States, the United Kingdom, Canada, Singapore, mainland China, Hong Kong, and sanctioned jurisdictions. The full list sits in its terms, which is the authoritative reference. This is current as of February 2026.
Does BingX hold my crypto?
Yes. BingX is a custodial exchange that holds the assets in your account for you. Holding your own keys requires a separate self custody wallet. This is current as of February 2026.
What is BingX known for?
BingX is known for copy trading, spot trading, and perpetual futures across a wide range of assets. Derivatives with leverage can amplify losses as well as gains. This is information, not advice. This is current as of February 2026.
Rules change frequently. Exchange availability, registrations, and the rules that govern them can change at short notice and vary by region. The position on this page is dated 21 June 2026. Confirm the current status with the named regulator and the platform before you act.
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