Minimum deposit on BingX: how much you need to get started
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.
As of November 2026, BingX mandates a minimum deposit of 1 in BTC and 1$ in USD or USDT. However, the minimum trade amount on BingX is 10 USD, which technically serves as the minimum amount needed to begin trading.
| BingX | Coinbase | Kraken | |
|---|---|---|---|
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 1 |
| Minimum trade amount | 10 | 2 | 1 |
| Deposit fee | 0 | 0 | 0 |
|
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Are there fees associated with depositing funds on BingX?
No, there are no fees charged by the broker for depositing funds on BingX. However, you should be aware that many payment systems charge their own fees for transfers. Here is a comparative table with the respective fees, which are approximate. We provide a range to give you an understanding, but it is important to confirm these as there may be nuances in different regions:
| Payment Method | Fee Charged by Payment System |
|---|---|
| Bank Wire | 1-3% |
| PayPal | 2,9% + $0,30 |
| Visa/Mastercard | 1,5-3% |
| Cryptocurrency | 0,5-1% |
| Advcash Wallet | 0,5-2% |
| Google Pay | 1,5-2,9% |
| Apple Pay | 1,5-3% |
What payment methods does BingX support for deposits?
We compared BingX with top competitors regarding deposit options. Generally, the more payment methods a platform offers, the more convenient and accessible it becomes for a wider range of users. Additionally, it allows users to save on transaction fees by choosing the most cost-effective option available.
| BingX | Coinbase | Kraken | |
|---|---|---|---|
| Crypto | Yes | Yes | Yes |
| Visa/Mastercard | Yes | Yes | Yes |
| Bank Wire | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Advcash Wallet | No | No | No |
| Google Pay | Yes | Yes | Yes |
| Apple Pay | Yes | Yes | Yes |
Can I deposit fiat currencies on BingX?
Yes, you can deposit fiat currencies on BingX. Here is a list of fiat currencies available for payments:
Please note that this list is continually updated due to various regional restrictions, so it is important to check with customer support to confirm the availability of your regional currency. Supporting regional currencies allows users from different countries to exchange fiat for cryptocurrency with minimal conversion costs, potentially saving 1-5% on these transactions.
How much money do I need to start trading on BingX?
The minimum amount required to start trading on BingX is limited to the size of the minimum trade, which is 10$. However, this amount is usually sufficient only to make your first trade and test the platform.
To generate a meaningful return, it is advisable to consider more substantial investments. Nevertheless, it's crucial to remember that cryptocurrencies are high-risk assets. Do not invest more than you can afford to lose, and always maintain a balanced portfolio.
Does BingX support bank wire transfers as a deposit option?
Yes, BingX supports bank wire transfers as a deposit option. This method allows users to transfer funds directly from their bank accounts to their BingX accounts, providing a secure and reliable way to deposit money.
Expert tips for deposit and account management
The following actionable recommendations draw from industry experts and can help spare you time, money, and potential problems regarding deposits and account handling.
Monitor stablecoin deposit compatibility across chains
Not all USDT or USDC tokens are the same — they can exist on multiple networks like Ethereum (ERC-20), Tron (TRC-20), and Arbitrum. BingX might support multiple versions of a stablecoin but credit only deposits to the correct chain. For example, sending USDT from a Tron wallet to an Ethereum-only address could result in lost funds. This mistake is common even among experienced users. Before sending, match the withdrawal network on your wallet with the deposit network on the exchange. Triple-check — the same ticker (e.g., “USDT”) can behave very differently depending on the blockchain used.
Editors' Top Picks and Insights