This comprehensive guide covers deposit and withdrawal processes on BingX Exchange. Learn how to fund your account via credit card, C2C trading, or blockchain transfers, and withdraw profits to external wallets. We'll also demonstrate converting crypto to fiat through Taiwanese exchanges like ACE and MAX.
π Start trading securely on BingX today
Credit Card Purchases (Ideal for Small, Quick Deposits)
BingX's fastest deposit method uses third-party providers to buy crypto via credit card, supporting USDT, ETH, and BTC.
Advantages:
- Instant processing
- Apple Pay/TWD supported
- Ideal for small amounts (<$5000)
Limitations:
- 3-5% foreign transaction fees
- Not cost-effective for large deposits
Step-by-Step Credit Card Deposit
- Navigate to Buy Crypto
- Select USDT β TWD β Enter amount β Click "Buy Now"
- Choose a provider (MoonPay/Coinify/Banxa)
- Complete KYC verification if prompted
- Enter card details (Visa/Mastercard)
π‘ Pro Tip: Use high-cashback cards like:
- DBS eco Card: 3% foreign spend
- Taiwanese Bank Co-branded Cards: Up to 4%
C2C Trading (Best for Large Deposits)
Peer-to-peer trading allows direct TWD-to-crypto transactions with zero platform fees.
Pros:
- No deposit fees
- Flexible payment methods (bank transfer, JKO Pay)
- No third-party registration
Cons:
- Requires seller verification (often via LINE)
- 5-10 minute processing time
- Fraud risk mitigation needed
C2C Deposit Tutorial
- Access C2C trading panel
- Enter TWD amount β Select payment method
- Seller provides transfer instructions
- Confirm payment β Wait for crypto release
β οΈ Safety Note: Always verify seller profiles and chat logs before transacting.
Wallet Transfers (Existing Crypto Holders)
Transfer assets from external wallets using USDT (TRC20 recommended for lowest fees).
Procedure:
- In BingX: Wallet β Deposit β USDT (TRC20)
- Copy deposit address
- From sender wallet: USDT β TRC20 β Paste address
- Confirm blockchain transfer
Withdrawing Profits to TWD
Convert crypto to fiat via Taiwanese exchanges:
Option 1: ACE Exchange
- Taiwan-regulated platform
- USDTβTWD conversion
- Free transfers via KGI Bank
π Learn ACE registration steps
Option 2: MAX Exchange
- Largest Taiwanese exchange
- Competitive USDT/TWD rates
- Direct bank withdrawals
FAQ
β What's BingX's minimum withdrawal amount?
- No minimum for USDT (TRC20), but network fees apply (~1 USDT).
β Why does my credit card deposit fail?
- Your bank may block crypto transactions. Try alternate cards or C2C trading.
β How long do withdrawals take?
- Wallet transfers: 5-30 minutes (blockchain confirmation)
- Fiat conversions: 1-3 business days
β Is BingX safe for Taiwanese users?
- Yes, though we recommend enabling 2FA and using official links only.
Key Takeaways
| Method | Best For | Processing Time | Fees |
|---|---|---|---|
| Credit Card | Small deposits | Instant | 3-5% |
| C2C Trading | Large TWD amounts | 5-10 mins | 0% |
| Wallet Transfer | Existing crypto | 5-30 mins | Network fees |
π Maximize your trading with BingX's copy-trading features
Disclaimer: This guide contains no investment recommendations. Cryptocurrency trading carries substantial riskβonly invest what you can afford to lose.