Skip to content
VASPCheck
Report a scam
BingX logo

BingX

PendingMiCA application pendingESMA register

BingX Ltd

ExchangeSingapore Founded 2018bingx.com
Visit website
Last reviewed
27 Aug 2026
2026-08-27

Compliance snapshot

  • MiCAR CASP application filed with Austria's FMA (BingX EU) — at an advanced stage
  • EU IP sign-ups blocked pending authorization
  • Operations run from Singapore with offshore contracting entities
  • September 2024 hot-wallet breach of roughly USD 52m
Overall concern
High concern

Derivatives and copy-trading venue with only light registrations, a MiCAR application still under assessment in Austria, and a material hot-wallet compromise in 2024.

Licenses & registrations

  • United StatesRegistered
    MSB registration
    Financial Crimes Enforcement NetworkFinCEN
    31000-2205-33182022-05-09
    Verify at source
  • SeychellesRegistered
    VASP registration
    Financial Services Authority SeychellesFSCA
    VASP-SC-2023-1042023-08-30
    Verify at source
  • CanadaRegistered
    MSB registration
    Financial Transactions and Reports Analysis Centre of CanadaFINTRAC
    M230901212023-09-01
    Verify at source
  • AustriaPending
    MiCA CASP application
    FinanzmarktaufsichtFMA
    FMA — BingX EU MiCAR application (notified 2026-06-16)2026-06-16
    Verify at source

Reputation

Verified reputation data is unavailable

The ratings on file are illustrative and have no source URL or collection date. A verified source and review date are needed before scores can be displayed here.

Customer reviews
Source needed. A direct review-platform source and collection date are needed.
App Store & Google Play
Source needed. Verified store listings and collection dates are needed.
Press sentiment
Source needed. A dated source set and calculation method are needed.
Suggest a reputation source

Recent press

  • 2026-07-02
    BingX expands copy-trading to new marketsNeutral

    CoinDesk — The venue added regional leaderboards despite supervisory scrutiny of the format.

  • 2026-04-17
    Retail derivatives promotion draws EU warningsNegative

    Reuters — Several unlicensed venues, including BingX, were listed by national supervisors.

  • 2026-01-09
    Exchange publishes reserve attestationPositive

    Bloomberg — A third-party attestation covered major assets for the first time.

  • 2025-08-22
    Post-incident controls reviewedNeutral

    Financial Times — Analysts assessed wallet-architecture changes made after the 2024 breach.

  • 2024-09-21
    BingX suffers wallet breachNegative

    Reuters — The exchange paused withdrawals after an estimated USD 52m was drained from hot wallets.

Incidents & enforcement

  1. 2026-04-17Enforcement

    Public warnings by EU national supervisors about solicitation of retail clients without authorization.

  2. 2024-09-20HackUSD 52,000,000

    Hot-wallet compromise; withdrawals were suspended and the venue said losses were covered from its own funds.

Victim of a scam involving this provider? Report it →

Help keep this profile accurate

Report an outdated licence, a missing incident or a wrong status. Every suggestion is checked against the official register before the profile is changed.

Profile last reviewed 27 Aug 2026 (2026-08-27)