BingX (Futures) market summary
Centralized (CEX). Country British Virgin Islands. Established 2020. Trust rank 917.
Coverage: 654 active pairs across 567 tradable assets. Liquidity profile: High. Concentration: Diversified. Execution quality: Competitive. Key pairs include ETH/USDT, BTC/USDT, SOL/USDT, AVAX/USD.
Interpreting coverage and execution quality
Volume mix: USDT is the largest tracked quote currency at about 81.8% of measured flow. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast fills.
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