How BingX looks today
Centralized (CEX). Country British Virgin Islands. Established 2018. Trust rank 11. Reported 24h volume 6580.04 BTC.
Coverage: 941 active pairs across 918 tradable assets. Liquidity profile: High. Concentration: Moderately concentrated. Execution quality: Tight. Top ten pairs share 77.1%. Key pairs include BTC/USDT, ETH/USDT, BTC/USDC, ETH/USDC. Leading pair BTC/USDT. Median spread on leading markets 0.01%.
Interpreting coverage and execution quality
Volume mix: USDT is the largest tracked quote currency at about 89.4% of measured flow. Data scope: 952 tickers observed, with spread readings on 294 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. Spreads are tight on the leading markets, which is consistent with smoother execution for common order sizes. For venue selection, combine breadth, concentration, and spread condition.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy