{"id":23766,"date":"2024-06-27T17:00:12","date_gmt":"2024-06-27T14:00:12","guid":{"rendered":"https:\/\/coinengineer.io\/?p=23766"},"modified":"2024-06-27T14:43:30","modified_gmt":"2024-06-27T11:43:30","slug":"bingx-exchange-a-centralized-cryptocurrency-exchange","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/","title":{"rendered":"BingX Exchange: A Centralized Cryptocurrency Exchange"},"content":{"rendered":"<p><strong>BingX<\/strong> exchange (formerly known as Bingbon) is a leveraged exchange based in Taiwan (a platform that offers margin trading). <strong>BingX<\/strong> was established in December 2017 and has been operating since then. It is particularly known as a major leveraged trading platform in Taiwan.<\/p>\n<p>To provide some historical background on <strong>BingX<\/strong>, in June 2018, it received a $10 million investment from Grand Shores, a technology company listed in Hong Kong (stock code 1647HK). This investment contributed to the growth and development of the platform.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#BingXs_Main_Product_CFDs\" title=\"BingX\u2019s Main Product: CFDs\">BingX\u2019s Main Product: CFDs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#Advantages_and_Disadvantages_of_BingX\" title=\"Advantages and Disadvantages of BingX\">Advantages and Disadvantages of BingX<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#Advantages\" title=\"Advantages:\">Advantages:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#Disadvantages\" title=\"Disadvantages:\">Disadvantages:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#BingX_Trading_Fees\" title=\"BingX Trading Fees\">BingX Trading Fees<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"BingXs_Main_Product_CFDs\"><\/span>BingX\u2019s Main Product: CFDs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To summarize information about <strong>BingX\u2019s<\/strong> main product, CFDs (Contracts for Difference): \u27ae <strong>CFD Derivative Commodities:<\/strong> CFDs are derivative commodities that represent an agreement on the price movement of an asset. This agreement is made between the buyer and the seller.<\/p>\n<p>\u27ae <strong>Use of Leverage:<\/strong> Leverage can be used when trading CFDs. Leverage allows taking a position beyond the deposited margin, increasing potential profits and losses.<\/p>\n<p>\u27ae <strong>Profit and Loss Based on Price Direction:<\/strong> When trading CFDs, you can make a profit or loss whether the asset\u2019s price rises or falls. This offers the potential to gain from both upward and downward market movements.<\/p>\n<p>CFD stands for &#8220;Contract for Difference,&#8221; and it is an agreement on the difference between the value of an asset at the time the contract is opened and the value at the time it is closed. Even if you do not physically own the asset, you can profit from the price difference through trading.<\/p>\n<p>The name change from Bingbon to <strong>BingX<\/strong> occurred on November 18, 2021. This change signifies that the word &#8220;Bing&#8221; represents the past, while &#8220;X&#8221; symbolizes the intersection of new users and traders. This change aims to provide a platform for those who want to experience future cryptocurrency trends.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23767\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/twitter_1200x628-4.webp\" alt=\"BingX\" width=\"959\" height=\"502\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/twitter_1200x628-4.webp 959w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/twitter_1200x628-4-300x157.webp 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/twitter_1200x628-4-768x402.webp 768w\" sizes=\"auto, (max-width: 959px) 100vw, 959px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Advantages_and_Disadvantages_of_BingX\"><\/span>Advantages and Disadvantages of BingX<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Advantages\"><\/span><strong>Advantages:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u27a4 <strong>Ease of Use:<\/strong> BingX&#8217;s interface is considered more user-friendly compared to other exchanges. The ease of placing buy\/sell orders and setting stop-loss\/take-profit levels is seen as an attractive feature, especially for beginners.<\/p>\n<p>\u27a4 <strong>High Security:<\/strong> BingX is a platform that competes with other exchanges in terms of security. The fact that it has not encountered security issues for three years is important for providing a reliable environment for users.<\/p>\n<p>\u27a4 <strong>Multiple Device Support:<\/strong> BingX supports trading on various devices such as computers and phones, allowing users to continue their trading across different platforms.<\/p>\n<p>\u27a4 <strong>High Leverage:<\/strong> BingX offers users the opportunity to use leverage up to 150x with BTC pairs. It also provides flexibility for users who want to customize their leverage settings.<\/p>\n<p>\u27a4 <strong>Copy Trading:<\/strong> One of BingX&#8217;s standout features is the &#8220;Copy Trading&#8221; function, which allows users to copy successful trades of other traders to earn profits.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23768\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_copytrading0403_webblog_1200x628.webp\" alt=\"BingX\" width=\"1200\" height=\"628\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_copytrading0403_webblog_1200x628.webp 1200w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_copytrading0403_webblog_1200x628-300x157.webp 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_copytrading0403_webblog_1200x628-1024x536.webp 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_copytrading0403_webblog_1200x628-768x402.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>\u27a4 <strong>Variety of Trading Pairs:<\/strong> BingX is not limited to cryptocurrencies; it also offers trading opportunities in different areas such as Forex, commodities, and stock indices.<\/p>\n<p>\u27a4 <strong>Crypto Purchase:<\/strong> The &#8220;Buy Crypto&#8221; feature allows users to convert their money directly through Visa cards. This is a rare feature on CFD-based platforms.<\/p>\n<p>\u27a4 <strong>Spot Purchase:<\/strong> BingX offers more trading options by providing a spot purchase feature.<\/p>\n<p>\u27a4 <strong>Various Assets:<\/strong> BingX lists various altcoins, offering users more investment options.<\/p>\n<p>\u27a4 <strong>Language Diversity:<\/strong> BingX supports many different languages, which is advantageous for attracting international users.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23769\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_engageinspottrading_webblog_1200x628.webp\" alt=\"\" width=\"1200\" height=\"628\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_engageinspottrading_webblog_1200x628.webp 1200w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_engageinspottrading_webblog_1200x628-300x157.webp 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_engageinspottrading_webblog_1200x628-1024x536.webp 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/en_engageinspottrading_webblog_1200x628-768x402.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Disadvantages\"><\/span><strong>Disadvantages:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u27a4 <strong>High Spread:<\/strong> High spreads can be a disadvantage for users. Especially during periods of high volatility, spreads can rise to high levels such as 5%, increasing trading costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"BingX_Trading_Fees\"><\/span>BingX Trading Fees<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The trading fee on <strong>BingX<\/strong> is 0.075%. However, it is stated that this fee rate has been reduced to 0.045%.<\/p>\n<p><strong>Calculation Formula:<\/strong> Trading Fee = Trading Volume * Trading Fee Rate (one-time payment)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23770\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/1_zA6ODgUIllRdaYmSZx1qTg.png\" alt=\"\" width=\"1200\" height=\"628\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/1_zA6ODgUIllRdaYmSZx1qTg.png 1200w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/1_zA6ODgUIllRdaYmSZx1qTg-300x157.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/1_zA6ODgUIllRdaYmSZx1qTg-1024x536.png 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/1_zA6ODgUIllRdaYmSZx1qTg-768x402.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><strong>Copy Trading Fee:<\/strong><\/p>\n<p>The copy trading fee rate is also 0.075%. However, it is stated that this fee rate has been reduced to 0.0375%.<\/p>\n<p><strong>Deposit Fee:<\/strong><\/p>\n<p>BingX does not charge any fees for deposit transactions. So, you do not pay any additional fees when depositing money.<\/p>\n<p><strong>Withdrawal Fee:<\/strong><\/p>\n<p>Like other exchanges, <strong>BingX<\/strong> charges fees for withdrawal transactions. Withdrawal fees can vary depending on the payment method and transaction amount used. These fees are subject to the rules set by the platform according to the amount withdrawn and the payment method.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23771\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/photo_2023-09-20_00-43-33.jpg\" alt=\"\" width=\"918\" height=\"882\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/photo_2023-09-20_00-43-33.jpg 918w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/photo_2023-09-20_00-43-33-300x288.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/photo_2023-09-20_00-43-33-768x738.jpg 768w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/p>\n<p>The spread rate on <strong>BingX<\/strong> can change over time and has a structure shown in the table below: <strong>Long Position Spread Rate:<\/strong> Current price * (1 + spread rate) <strong>Short Position Spread Rate:<\/strong> Current price * (1 &#8211; spread rate)<\/p>\n<p>The spread rate can change over time and can be adjusted according to the rules set by the platform and market conditions. Spread is an important factor affecting the cost of trading transactions. Therefore, it is important to carefully review the current spread rates before trading.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23772\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/2cu.jpg\" alt=\"\" width=\"716\" height=\"662\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/2cu.jpg 716w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/2cu-300x277.jpg 300w\" sizes=\"auto, (max-width: 716px) 100vw, 716px\" \/><\/p>\n<p>By registering on the <strong>BingX<\/strong> exchange with the Coin M\u00fchendisi <a href=\"https:\/\/bingx.com\/invite\/HOQLZL\">referral link<\/a>, you can earn discounts on your trading and futures transactions.<\/p>\n<p>&nbsp;<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BingX exchange (formerly known as Bingbon) is a leveraged exchange based in Taiwan (a platform that offers margin trading). BingX was established in December 2017 and has been operating since then. It is particularly known as a major leveraged trading platform in Taiwan. To provide some historical background on BingX, in June 2018, it received<\/p>\n","protected":false},"author":6,"featured_media":23773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,2,5],"tags":[3945],"class_list":["post-23766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-guides","category-news","category-project-review","tag-bingx"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BingX Exchange: A Centralized Cryptocurrency Exchange - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BingX Exchange: A Centralized Cryptocurrency Exchange - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"BingX exchange (formerly known as Bingbon) is a leveraged exchange based in Taiwan (a platform that offers margin trading). BingX was established in December 2017 and has been operating since then. It is particularly known as a major leveraged trading platform in Taiwan. To provide some historical background on BingX, in June 2018, it received\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T14:00:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-27T11:43:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/\",\"name\":\"BingX Exchange: A Centralized Cryptocurrency Exchange - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg\",\"datePublished\":\"2024-06-27T14:00:12+00:00\",\"dateModified\":\"2024-06-27T11:43:30+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg\",\"width\":1200,\"height\":628,\"caption\":\"BingX\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BingX Exchange: A Centralized Cryptocurrency Exchange\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BingX Exchange: A Centralized Cryptocurrency Exchange - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/","og_locale":"en_US","og_type":"article","og_title":"BingX Exchange: A Centralized Cryptocurrency Exchange - Coin Engineer","og_description":"BingX exchange (formerly known as Bingbon) is a leveraged exchange based in Taiwan (a platform that offers margin trading). BingX was established in December 2017 and has been operating since then. It is particularly known as a major leveraged trading platform in Taiwan. To provide some historical background on BingX, in June 2018, it received","og_url":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/","og_site_name":"Coin Engineer","article_published_time":"2024-06-27T14:00:12+00:00","article_modified_time":"2024-06-27T11:43:30+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg","type":"image\/jpeg"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/","url":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/","name":"BingX Exchange: A Centralized Cryptocurrency Exchange - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg","datePublished":"2024-06-27T14:00:12+00:00","dateModified":"2024-06-27T11:43:30+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/BingX_New_Logo.jpg","width":1200,"height":628,"caption":"BingX"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/bingx-exchange-a-centralized-cryptocurrency-exchange\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"BingX Exchange: A Centralized Cryptocurrency Exchange"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/23766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=23766"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/23766\/revisions"}],"predecessor-version":[{"id":23774,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/23766\/revisions\/23774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/23773"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=23766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=23766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=23766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}