Two native crypto exchanges face off across regulatory regimes and automation tools, tested on asset depth, platform capabilities, and user support.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you value 24/5 live chat support and a 700+ asset catalog.
Choose if…
Choose Pionex if you prefer MAS licensing and 16 built-in bots with no subscription.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 4.0/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | N/A |
| Taker Fee | 0.10% | 0.05%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | Pionex |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Pass |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Fail |
The scores are close: BingX rates 3.9/5 and Pionex rates 4/5. Pionex has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Neither BingX nor Pionex requires a minimum deposit, making both accessible regardless of starting capital.
BingX is regulated by VARA. Pionex is regulated by MAS. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
Minimum deposit and negative balance protection data are not confirmed for this pair. Check the regulatory body for each exchange, as the licence tier is a reliable proxy for client fund safety. Also compare demo account availability and educational resources on each exchange's site.
BingX offers up to 150:1 on perpetual or margin products, versus Pionex's 5:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Pionex charges $0.05 per trade, lower than BingX's $0.1 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while Pionex supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile.
BingX scores higher on security criteria, with cold storage and proof of reserves. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
BingX lists 500+ coins while Pionex does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
BingX is stronger on security with VARA oversight and monthly proof of reserves.
Equally matched; neither offers built-in DeFi integration.
| N/A |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | CryptoBank transferCredit cardDebit card |
|---|
| Withdrawal methods | CryptoBank transfer | CryptoBank transfer |
|---|
| Withdrawal Fee | Network fee only | Network fee only |
|---|
| Regulators | VARA | MAS |
|---|
| Cold Storage | Yes | Yes |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | 2 offers |
|---|
BingX and Pionex are closely matched, but BingX differentiates with a larger asset catalog (700+ vs 300+).
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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