Home Exchange Reviews BingBon.com Reviews: A guide to the Bingbon floor from AZ (easy to understand)

BingBon.com Reviews: A guide to the Bingbon floor from AZ (easy to understand)

by admin

What is Bingbon?

Bingbon is one of the largest CFD digital asset exchanges in Taiwan, established in May 05.

Bingbon is run by a professional team, knowledgeable about financial markets. With the goal of creating a CFD trading platform simple, effective and most secure for users.

Review BingBon floor

Advantages of Bingbon floor

Diverse transaction products

In addition to crypto derivatives, Bingbon also offers other trading products such as global index, commodity and forex.

Easy to use

Bingbon’s interface is considered easier to manipulate transactions than other exchanges on the market.

High security

Bingbon is using security technology with 11 different layer layers to reduce the possibility that hackers can attack and steal assets.

Support on many devices

Although it was only officially launched not long ago, Bingbon has perfected and supported transactions on both computers and phones.

High level of leverage

Bingbon allows users to use very high leverage up to 150x, while this number is in BitMEX is 100x and Binance Future is 125x.

Copytrading

This is considered the most notable feature of Bingbon. With the Copytrade function, Bingbon will attract more users than other trading platforms.

Diversity of trading pairs

Not only allows trading of crypto pairs, Bingbon also allows trading in some other areas such as:

  • Forex: AUDUSD, USDJPY, EURUSD, GBPUSD, USDCAD, EURGBP, EURJPY.
  • Commodity: Gold, oil
  • Stock indices: DJ, S&P 500, NASDAQ …
Disadvantages of Bingbon floor

Chart displayed does not allow customization of indicators. However I often analyze on tradingview and place orders on Bingbon so there is less use of chart.

Hopefully in the future, the floor will soon let users customize these indicators.

Maybe you are interested in: What is TradingView? Instructions for using TradingView

Instructions on how to register a BingBon account receive $ 100 Coupon

Sign up for a BingBon account

You access the link: —> OPEN BINGBON ACCOUNT <—

At the registration interface, you need to follow these steps:

[1] Select your country area code (Example VietNam is +84)

To select the area code then you click on the area code then click on the area code to go down, near the bottom you will see the area code of VietNam .

[2] You enter your phone number in the Mobile number box and click “Get” in the box below

[3] Bingbon will send a confirmation code to your phone number, enter your code and click “Join Now”.

[4] After clicking Join Now, a notice window to install Bingbon application will appear. You click on “Install”.

[5] After that, go to your phone’s settings> General settings> Device management, click on “Shenzhen City Letuhui Technology Co., Ltd” and select “Trust”.

[6] Open the newly installed Bingbon application, log in with your phone number and set a password as shown below.

Thus, you have just successfully registered for Bingbon account. Check the Me >> My Bonus section will see $ 100 Coupon for you to trade.

Now, you need to set up 2FA security and verify the identity for the newly created account.

Verify your identity KYC

In order for the process of identity verification to take place quickly, you prepare some of the following images:

  • 1 photo in front of ID card
  • 1 photo on the back of ID card
  • A selfie of the brothers with a piece of paper showing Bingbon registration date.

Go to Me >> Authentication. Here the floor asks you to enter some basic information including Name (name) and ID Card (ID card number).

The final step is to upload the image and click the Submit button to submit to the floor for approval.

Note the images to upload:

  • Front photo of ID card (or Passport)
  • Photo on the back of ID card (or Passport)
  • Photo of the front side with Bingbon + dated date of paper

So that’s the step for KYC!

After registration and KYC successful, you can join the discussion group, share signal of Coin98 Only for registered brothers. Brothers inbox admin to be added to the group.

Turn on 2FA security on Bingbon

Currently you can turn on 2FA to secure your account on the Mobile version.

Go to Me >> Select Security Center >> Click on Google Authenticator (link) >> Copy the GG code into the Authy application.

Then update the verification codes SMS Verification & GA Code. Finally click Link.

Chu ý: Can be used Google Authenticator & Authy to enter turn on 2 FA. Personally, I often use Authy because it can back up these codes if I change phones.

Useful articles for you: Complete guide to Google Authenticator / Authy

Instruction for deposit and withdrawal on Bingbon trading floor

Deposit Crypto into Bingbon floor

There are 2 ways to top up your Bingbon account, similar to many other exchanges.

Go to Me >> Deposit >> Select the coin you want to deposit.

The floor will display your wallet address. Now just transfer the corresponding coin from outside to this wallet address.

Chu ý: If you deposit BTC, that amount of BTC will be converted to the corresponding USDT after depositing.

This is the address for USDT Ohmni wallet. Brothers absolutely do not transfer USDT ERC-20 or USDT Tron.

Withdraw money from Bingbon floor out

To withdraw profit from Bingbon, you also go to Me >> Withdraw. Then choose the coin you want to withdraw.

Next, enter the address of the personal wallet you want to withdraw and the number of coins you want to withdraw.

Trading guide on Bingbon

Above is the basic interface of Bingbon:

  • [1] Area to choose the trading pair. Here you choose the pairs of crypto, Forex, Gold, or index are all.
  • [2] Chart
  • [3] Area for setting commands. You can set Limit or Market here.

Right below I will guide in detail.

Instructions for placing Limit orders on Bingbon

  • Choose the type of Long or Short order based on your analysis.
  • For Type, select Limit Order.
  • Trigger Price: is the price that will trigger or let the floor match your brothers.
  • Margin: The amount of capital you want to place on the order.
  • Leverage: Choose the level of leverage.
  • Take profit (TP): Enter the profit taking price.
  • Stop Loss (SL): Enter the stop loss price.
  • Finally, press the Long button to start placing orders.
Instructions for placing Market orders on Bingbon

  • Choose the type of Long or Short order based on your analysis.
  • For Type, select Market Order.
  • Because it is an order at market price, there is no Trigger Price.
  • Margin: The amount of capital you want to place on the order.
  • Leverage: Choose the level of leverage.
  • Take profit (TP): Enter the profit taking price.
  • Stop Loss (SL): Enter the stop loss price.
  • Finally, press the Long button to start placing orders.
Guide to Copy Trade on Bingbon

You access Bingbon on your mobile App to use the Copy Trade feature.

Go to Community >> Enter the Pro Trade name you want to follow, or scroll down to find >> Click and read the details of Pro trader.

Once you’ve found the appropriate Pro Trader >> Click Copy >> Install.

  • Coin: Choose USDT
  • Amount: The total salary you want to copy
  • Max Day Copy: Total copy in 1 day (can choose or not)

Finally click Copy to confirm.

More reference terms What is copy trade? Guide to Copy Trade on Bingbon the most effective.

Experience using other features on Bingbon floor

How to get ref link to introduce Bingbon floor

At the interface Home >> Invite. You will see your Code. Please copy this code and send it to your friends to register for an account.

How to solve the problem of losing 2FA on Bingbon floor

To quickly and most effectively, you contact directly with the support of the floor through the form:

  • Chat box right on the web interface
  • Chat with admin on Telegram channel
How to contact support
  • Chat box right on the web interface
  • Chat with admin on Telegram channel

Frequently asked questions when trading coins on Bingbon

Should you trade on Bingbon?

Bingbon interface is quite simple and especially low price spread, very suitable for those who want to fight Scalping fast.

Also, register via the link —> OPEN BINGBON ACCOUNT <— You also receive an additional $ 100 coupon coupon for trading. If you win, you can withdraw money, you lose it. You have no risk.

Is Bingbon floor safe and reliable?

From the time I used it, I haven’t seen any problems with accounts or complaints!

What is the trading fee on Bingbon floor?
  • 0.045% pay when closed normal order.
  • 0.045% pay when closing copy trading.

The exchange has no Overnight fee, but instead by calculating Funding Rate as follows:

Based on the Long / Short ratio of that currency pair (like BitMex & ByBit)

For example: The long funding fee is 0.02% and the short side is -0.02%. Then after 8 hours long will have to pay = order volume * 0.02%, and short receive = order volume * 0.02%

Specifically: Long volume 10,000 USDT price 6,000 USDT (market or trigger orders will have the same spread). The average spread of Bingbon is 0.04% => Matching price of 6002.4

If you close the order, you will have to pay a transaction fee of 10000 * 0.00045 = 4.5 USDT

Funding fee:

For example, if you keep an order through 8 accounting periods (Settlement time is at 3am – 11am – 7pm)

If the funding rate is 0.02%, then you pay 2 USDT and if the funding rate is -0.02%, you can get 2 USDT.

Has Bingbon been hacked yet?

Up to now, Bingbon has never been hacked!

What are the deposit / withdrawal fees on Bingbon exchange?

The withdrawal fee is calculated for each different coin.

With BTC:

  • Minimum withdrawal: 0.006 BTC
  • Maximum withdrawal: 5 BTC
  • Withdrawal fee: 0.0005 BTC

With USDT Ohmni:

  • Minimum withdrawal: 15 USDT
  • Maximum withdrawal: 1,000,000 USDT
  • Withdrawal fee: USD 5

With USDT ERC-20:

  • Minimum withdrawal: 15 USDT
  • Maximum withdrawal: 1,000,000 USDT
  • Withdrawal fee: 1 USDT (should withdraw with USDT on the ERC-20 platform of Ethereum)

With ETH:

  • Minimum withdrawal: 0.15 USDT
  • Maximum withdrawal: 400 ETH
  • Withdrawal fee: 0.005 ETH
Does Bingbon floor have any maintenance error?

Bingbon occasionally has system maintenance upgrades. However, each maintenance, they will notify in advance so that users can actively plan suitable transactions.

Is Bingbon a scam?

The answer is no!

What is Bingbon floor coin?

Bingbon currently has no floor coins. In the future if the exchange launches their coin, I will update it for you.

What is the deposit and withdrawal limit on Bingbon?

I have specified in the withdrawal fee, please check above!

Does Bingbon have apps on iOS, Android?

Available on both iOS and Android. You can go to CH Play & App Store to download.

What trading markets does Bingbon support?

Bingbon is a derivative trading floor. The focus is mainly on cryptocurrency pairs. However, the floor is also expanding with other types of trading pairs.

  • Crypto
  • Forex
  • Gold, oil
  • Stock index
Does Bingbon have an IEO?

Currently Bingbon does not have an IEO.

Through the previous article, I introduced you how to register & use the Bingbon floor.

Thank you for register with my invite Link and hope to see you successful!!!

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