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Does BingX Require KYC?

Updated

No, BingX doesn’t require KYC. BingX is considered to be a no-KYC crypto exchange. You can trade, deposit, and withdraw on BingX without personal identification.

While most features are accessible to everybody, some features are locked for unverified BingX users. Read on to learn more.

 

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BingX Withdrawal Limits

BingX is a no-KYC crypto exchange with withdrawal limits based on your KYC level. 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.

KYC Level 24h Withdrawal Limits
No KYC (0) $50,000
KYC (1) $5,000,000

 

Is BingX Safe To Use Without KYC?

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. Users can trade, deposit, and withdraw without having to undergo the KYC identification process.

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

In order to verify your identity on BingX, you must submit personal information, including government-issued documents. See all required details below:

  • Government-issued ID
  • Passport
  • Drivers License
  • Facial Recognition (selfie)

 

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FAQ

Does BingX require KYC?

No, BingX doesn’t require KYC verification. You can trade without the identification process on BingX.

 

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?

No, BingX is not allowed in the United States at all. While you can still sign up and trade with a VPN, we advise against it.