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Exchange Guide: BingX
Exchange Guide: BingX

A detailed guide to help you get started with this exchange.

Updated over 3 months ago

HOW TO SIGN UP

HOW TO BUY & TRANSFER CRYPTO

STEP-BY-STEP GUIDE:

To sign up and deposit funds to BingX Exchange, follow these steps:

  1. Create an Account

    • Visit BingX Exchange Website (NB: each school has their own link):

      1. Sniper School:(Code - snipershcool)

      2. Whale School: (Code - FTFCYU)

      3. Krown School: (Code - EricKrownSchool)

    • Click on the “Sign Up” button.

    • Fill in your email address, create a password, and complete the captcha.

    • Verify your email address through the verification link sent to your email.

  2. Complete KYC Verification

    • Log in to your account.

    • Go to the "Account & Security" section.

    • Complete the KYC (Know Your Customer) verification by providing the required documents (ID, proof of address).

    • Wait for verification approval.

  3. Deposit Funds (Make sure to deposit in your FUNDING Wallet)

    • Navigate to the “Assets” or “Deposit” section.

    • Select the cryptocurrency you wish to deposit.

    • Copy the deposit address or scan the QR code.

    • Send the funds from your wallet to the deposit address.

  4. Explore the Trading Interface

    • Click on “Trade” in the main menu to access the trading interface.

    • Familiarize yourself with the layout: market pairs, order book, trade history, charting tools, and order types.

    • Use the different tabs to switch between perpetual contracts and futures.

  5. Place an Order

    • Choose the market pair you want to trade (e.g., BTC/USD).

    • Decide on the type of order: limit, market, or conditional order.

    • Enter the price and amount of your order.

    • Click “Buy/Long” or “Sell/Short” to execute the order.

    • Confirm your order details in the pop-up window.

  6. Monitor Your Trades

    • Check the “Positions” tab to view open positions.

    • Use the “Active Orders” tab to see pending orders.

    • Review trade history in the “Order History” tab.

  7. Leverage and Risk Management

    • Adjust your leverage by clicking on the leverage icon next to your selected pair.

    • Use risk management tools such as stop-loss and take-profit orders.

  8. Withdraw Funds

    • Go to the “Assets” or “Withdraw” section.

    • Select the cryptocurrency you want to withdraw.

    • Enter the withdrawal address and amount.

    • Confirm the withdrawal request and complete any required security verifications.

  9. Security Practices

    • Enable two-factor authentication (2FA) for enhanced security.

    • Regularly update your password and review security settings.

    • Be cautious of phishing attempts and always ensure you are on the official Bybit website.

  10. Educational Resources

    • Utilize BingX’s educational resources, such as tutorials, webinars, and the help center, to improve your trading knowledge and skills.

  11. Seek Support

    • If you encounter issues, use the platform’s support options such as live chat, the help center, or contact support directly via email.

Following these steps should help you navigate and utilize BingX effectively.

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