I’m not a big fan of crypto exchanges with variable fees. There’s a difference between splitting the fee into maker and taker, as well as depending on trading volume, and the situation where the rate for each trading pair varies. BingX has exactly that approach. For example, when trading the BTC/USDT pair, my fee is 0.05% for the maker and 0.1% for the taker. But if I choose the NUM/USDT pair, it’s already 0.15% for both sides. Overall, the rates here are quite good. While on other exchanges, they charge around 0.2% for low volumes, here 0.1% looks pretty decent. Other than that, there’s not much to say about spot trading. There are plenty of pairs, the main types of trades are available, the terminal is user-friendly, and there are no issues with order execution speed. The exchange’s liquidity isn’t perfect, but there are always plenty of offers in the order book for the main directions. In general, trading can be done without any major problems. As for other areas like futures, I don’t engage in them. For spot trading, I can confidently recommend this exchange. Beginners can take advantage of the demo account and a wealth of trading manuals.
