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BingX vs Variational

Fees, coins, new listings, perp prices and safety of BingX and Variational, side by side.

BingX logo

BingX

Centralized exchange · since 2018

Derivatives-focused crypto exchange known for copy trading, also offering spot and TradFi products.

Open on BingX ↗
Variational logo

Variational

Perp DEX · since 2021

Peer-to-peer RFQ derivatives protocol on Arbitrum; its Omni app offers zero-fee perpetuals on 500+ crypto and traditional markets.

New users: Weekly points toward the VAR genesis airdrop, plus loss refunds

Claim on Variational ↗
BingXVariational
Trading fees (base tier)
Spot maker0.1%—
Spot taker0.1%—
Futures maker0.02%0%
Futures taker0.05%0%
Markets (live)
Coins listed1,222566
Coins with perpetuals992566
Coins with spot pairs6270
24h volume$6.72B—
Coins only here398 coins trade on both824168
New listings (detected live)
Last 30 days94—
Last 90 days94—
Safety and access
Proof of reservesYes · monthlyYes · real-time
Licenses3Australia: AUSTRAC digital currency exchange registration, Lithuania: FCIS VASP registration (MiCA authorisation pending), ISO/IEC 27001 and PCI DSS 4.0.1 certificationsNone listed
Restricted regions11 regionsUnited States, United Kingdom, Canada, Singapore, Netherlands…10 regionsUnited States and US territories (incl. Puerto Rico, Guam, US Virgin Islands), Canada, Taiwan, Cuba, Iran…
HeadquartersSingapore (as reported by media; operating entity BingX SG Pte. Ltd.)—
Exchange token—VAR
Incidents on record10
Highlighted = better on that line. Fees are base-tier rates before VIP and token discounts. Markets and listings are counted live from exchange APIs.

Top coins only on BingX

Top coins only on Variational

BingX or Variational?

BingX and Variational are compared here on what matters when you choose where to trade: base trading fees, how many coins each lists, how quickly they add new ones, perpetual prices and funding on the coins both list, and safety signals such as proof of reserves and restricted regions. Live numbers update from the exchanges' public market data; fees and policies were checked against each exchange's own pages.

BingX lists 1,222 coins and Variational 566. 398 coins trade on both, 824 only on BingX and 168 only on Variational. In the last 30 days BingX added 94 new coins and Variational —.

Fees above are base-tier rates before VIP levels and token discounts; BingX offers 2 discount options and Variational offers 3 discount options. Availability depends on where you live, so check the restricted regions before signing up.

Which lists more coins, BingX or Variational?

BingX lists 1,222 coins and Variational 566. 398 coins trade on both exchanges.

Do BingX and Variational publish proof of reserves?

BingX: yes. Variational: yes.

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