BingX is a cryptocurrency exchange established in 2019 and operated under the management of VinaCapital, a leading financial group in Asia. The exchange offers users a variety of cryptocurrencies, along with tools and features to support trading. BingX's main product is Contract For Difference (CFD), which is a contract between two parties agreeing on the price fluctuation of an asset.

Advantages of BingX Exchange

• User-friendly and intuitive interface: The interface of Bing X is rated as very logical, intuitive, and easier to trade than many other platforms on the market.
• High security: Bing X uses advanced security technology to protect the information and assets of users such as two-factor authentication, SSL encryption and offline data storage.
• Multi-device and platform support: Bing X supports trading on multiple devices such as computers and phones. You can download the app on Airdroind or IOS to trade anytime, anywhere. 
• High leverage level: Bing X allows users to use a very high leverage level, up to 150x for BTC pair and also provides a leverage adjustment feature similar to Binance. This helps users to take advantage of profit opportunities when the market fluctuates.
• Copy trading: With the copy trading feature, the exchange has attracted a large number of users to join. You can choose traders with high performance to copy trades and make money their way. 

Disadvantages of Coinbase Exchange

• Limitations on deposit and withdrawal options: BingX only supports deposits and withdrawals in cryptocurrencies such as USDT, BTC, ETH, BNB, and BINGX.
• Limitations on the payment methods: Bing X only supports payment with credit card or OTC. You cannot pay with other methods such as Paypal, Skrill or Neteller.
• Ownership: When trading CFDs on Bing X, you don’t actually own the assets that you trade. You only bet on their price fluctuations. This means that you cannot transfer those assets to other wallets or platforms.
• Leverage risk: Although leverage can help you increase your profits when trading, it can also increase your risk when trading. If the price goes against your prediction, you can lose more than the amount you invested.

Guide to registering a BingX account

Step 1: Access the official website of BingX at the address: https://bingx.com/vi-vn/invite/JEOL7A/

Step 2: Click on the “Register” button at the top right corner of the website.

Step 3: Enter your personal information into the registration form.

• You can enter your email address or phone number to receive the verification code.
• Enter your password (minimum 8 – 20 characters, at least 1 uppercase letter, 1 digit). For example: Abc@12345

Continue to select “Next”.

Step 4: Verify your security by entering the 6-digit verification code sent to the registered email address or phone number.

Step 5: Complete the registration and start trading on BingX.

However, to protect your account, increase the deposit and withdrawal limit, you need to verify your BingX account.

BingX account verification instructions

Step 1: Log in to your BingX account and access the verification page.

Step 2: Click on “Verify identity”, select ID card/Citizen ID card/Passport/Driver’s license. Upload the front and back images of the type of ID you have chosen and press “Next”. The images must be clear, complete and not obscured.

Step 3: Select “I am ready” and proceed to take a selfie.

Step 4: Check the information again, if correct select “Next”.

Step 5: Wait for approval from BingX’s support team. The approval process may take about 1 working day. If your verification request is accepted, you will receive a notification via email or message. If your verification request is rejected, please check the error and resubmit your account verification, or contact the online customer service for more details.

Summary

So I have introduced to you how to register and verify your BingX account in the fastest, easiest, and most updated way in 2023. Start using your BingX account to trade.