Yes, BingX uses KYC verification. BingX has upgraded its KYC rules as part of compliance changes, and verification is required for full access to platform features. Some limited access may still be available for unverified users depending on region, but core limits and feature availability are tied to KYC status.
While some functionality may be visible without verification, key features and higher limits are tied to KYC status, and availability can vary by region and product.
BingX Withdrawal Limits
BingX uses tiered withdrawal limits based on your verification level (unverified vs KYC-verified). A higher KYC level results in higher withdrawal limits.
There are two KYC levels on BingX. Unverified and Verified (KYC 1)
You can see the exact withdrawal limits in the table below. The limits reset every 24 hours, and there is no cumulative limit.
Withdrawal limits are generally calculated in USDT equivalent and apply on a 24-hour basis (exact rules can vary by asset and region).
| KYC Level | 24h Withdrawal Limits |
|---|---|
| Unverified | $50,000 |
| Verified | $5,000,000 |
Is BingX Safe To Use?
We consider BingX to be a relatively secure crypto exchange. The platform has never been hacked, offers generous daily withdrawal limits, and offers reliable service. BingX positions itself as a security-focused exchange and publishes Proof of Reserves. Access and limits depend on verification level, and some services may require KYC under updated compliance rules.
However, we recommend you never keep your investments on a centralized exchange. Always withdraw your funds to your personal wallet when you are done with trading.
BingX KYC Requirements
To enhance the security of user assets and reduce risks such as money laundering and fraud, BingX has updated its KYC requirements. As part of these changes, users must complete identity verification to access certain features and higher limits on the platform. See all required details below:
- Government-issued ID (for example, passport or driver’s license)
- Selfie / facial verification
FAQ
Does BingX require KYC?
BingX has upgraded its KYC rules, and verification is required for full access and higher limits. Some access may remain available for unverified users depending on region and product.
Is BingX legit?
BingX is one of the largest crypto exchanges, with over 15 million users. While BingX appears to be a legitimate crypto exchange, we recommend storing your funds in your personal hardware wallet.
Is BingX available in the United States?
BingX lists the United States among restricted jurisdictions, so availability is limited and users should follow local rules and the platform’s regional restrictions.
