BingX vs CoinEx
CoinEx has the higher grade on both axes: Safety 4.5 against 3.5, and Privacy 1.3 against 0.0.
BingX
Centralised spot and derivatives exchange; unverified accounts can only withdraw
Privacy
0.0/ 10
Poor
Safety
3.5/ 10
Poor
ID mandatory KYC 4 Docs reviewed Full review →
CoinEx
Long-running centralised exchange with a $10,000 daily withdrawal limit before ID
Privacy
1.3/ 10
Poor
Safety
4.5/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| BingX | CoinEx | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID mandatory | ID on risk flag |
| Custody | Custodial | Custodial |
| Sign-up | Email required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, SOL, XRP | BTC, ETH, USDT, LTC, BCH |
| Pay with | Crypto, Card, Bank transfer | Crypto |
| Fees | Not published | Spot VIP 0: 0.2% / 0.16% (fees page; lower tiers with VIP level) |
| Limits | Unverified: no deposits or trading, withdrawals up to 20,000 USDT per 24h. Advanced KYC: unlimited deposits, withdrawals up to 5,000,000 USDT per 24h (as stated in the help centre; may vary by region). | Unverified: USD 10,000 per 24h and USD 50,000 per 30 days. Primary ID: USD 1,000,000 per 24h. Advanced ID: USD 5,000,000 per 24h. Privacy-coin deposits/withdrawals, fiat, P2P, mining and airdrops require ID. |
| Founded | Not published | 2017 |
| Not available in | Disclaimer lists, among others: Afghanistan, Burundi, Cambodia, Canada, Central African Republic, Mainland China, Cuba, DR Congo, Hong Kong, Iran, Laos, Macau, Myanmar, Netherlands, North Korea, Panama, Singapore, Somalia, United Kingdom, United States, and the Crimea, Donetsk and Luhansk regions | United States, China, Hong Kong, Canada, European Economic Area, United Kingdom, Switzerland, Kazakhstan, Iran, North Korea, Cuba, and other comprehensively sanctioned jurisdictions (List of Prohibited Jurisdictions) |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only BingX
Nothing distinct
Both
CustodialClosed sourceRequires emailMay request IDAML screeningExcludes US usersRuns an affiliate programme
Only CoinEx
5+ years operating
Where they sit among no-kyc exchanges
Questions
Is BingX or CoinEx safer?
CoinEx has the higher Safety grade: BingX 3.5, CoinEx 4.5, out of 10.
Does BingX or CoinEx require KYC?
BingX is KYC level 4 (ID mandatory). CoinEx is KYC level 3 (ID on risk flag).
Which has more incidents on record?
BingX has 0 and CoinEx has 0 documented incidents in the registry.