BingX
Best for open-source monthly reserve verification
How it rates
- Monthly reserve snapshots published as dated, individually addressable articles
- Verification code published in a public repository
- Reserve page reachable without an account
- Regulatory authorisation not established from public sources at this check
- Trust score and rank below the leading group
- Fee page not found at the conventional address
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Not metAuthorisation from a recognised financial regulator, evidenced publicly
Not established from public sources at this check.
bingx.com/en/balance-reserve - MetProof of reserves with per-account verification
Public verifier page and open-source verification code.
bingx.com/en/balance-reserve - MetMost recent reserve publication within 12 months
June 2026 snapshot published.
bingx.com/en/support/articles/16525531798031 - MetReserve method documented publicly
Merkle verification code published openly.
github.com/BingX-API/BingX-proof-of-reserves - MetNo unremediated custody-loss incident on the public record (24 months)
None identified at this check.
bingx.com/en/balance-reserve
- Not metFee page at a documented public URL
Not found at the conventional address at this check.
bingx.com/en/support/ - Not met
- Not met
- Not met
- PartialFee documentation readable without an account
Support centre open; fee schedule not located.
bingx.com/en/support/
- MetListed with an independent trust score
CoinGecko exchange dataset, trust score 9.
api.coingecko.com/api/v3/exchanges - Not met
- Not met
- Not met
- Met
- Not met
- Not metOperating entity and jurisdiction identifiable
Not established at this check.
bingx.com/en/balance-reserve - MetReserve disclosure on own domain
Reserve page hosted on the company's own site.
bingx.com/en/balance-reserve - MetReserve history published as dated records
Monthly snapshots individually dated and addressable.
bingx.com/en/support/articles/15007198785679 - PartialEnforcement or incident history on the public record
None identified at this check; absence is not proof.
bingx.com/en/balance-reserve
- MetHelp centre reachable without an account
Reachable without an account at this check (HTTP 2xx).
bingx.com/en/support/ - MetPublic status page
Reachable without an account at this check (HTTP 2xx).
bingx.com/en/balance-reserve - MetPublic API documentation
Reachable without an account at this check (HTTP 2xx).
github.com/BingX-API/BingX-proof-of-reserves - Met
- MetPublic legal and terms documentation
Reachable without an account at this check (HTTP 2xx).
bingx.com/en/support/
BingX publishes Merkle-tree proof of reserves every month, with snapshots dated back through 2025 and verification code available in a public repository. What we could not establish is its regulatory authorisation, which is the heaviest indicator in the rubric.
Our assessment
BingX publishes Merkle-tree proof of reserves every month as individually dated records, with the verification code in a public repository. That is a better reserve practice than several higher-scoring venues offer. It is held back by two absences we could not resolve: no authorisation we could establish, and no fee page at a conventional address.
Reserve reporting done properly
Each monthly snapshot is published as its own dated, addressable article, and we could follow an unbroken run from late 2025 through mid-2026. The verifier page is public and the verification code sits in an open repository, so a customer is not asked to trust an in-house checker. On method and record-keeping this is a genuinely good programme.
What is missing
We could not establish regulatory authorisations from public sources, and we could not find a fee schedule at a conventional public address — four of five cost indicators score zero as a result. Those two gaps account for almost all of the distance between BingX and the top of this table. Neither is a statement that the underlying facts are bad; both are statements that a reader cannot check them.
Reading the score honestly
A 5.6 here does not mean the exchange is twice as risky as one scoring 9.7. It means roughly half of what our rubric asks about could not be verified from the public record. If BingX published a licence reference and a fee page at stable addresses, the same platform would score in the eights without changing anything about how it operates.
Who it suits
BingX fits traders who value reserve verification and are willing to check pricing inside the platform. Readers who need a documented regulatory position, or who compare fees before signing up, should look higher in this table.
How rivals compare
Frequently asked
How often does BingX publish proof of reserves?
Monthly, as individually dated snapshots, with an unbroken run visible from late 2025 through mid-2026.
Can I verify my own BingX balance?
Yes — through the public verifier page, with the verification code published in an open repository.
Is BingX regulated?
We could not establish authorisations from public sources at this check. That is recorded as unproven rather than as a statement that none exist.