Entity Verification FAQs

1. What Is Entity Verification

Entity Verification is a process that authenticates the identity of corporate clients to perform due diligence and risk assessment. It aims to prevent illicit activities such as money laundering and financial fraud.

 

2. Differences Between Entity-Verified and Unverified Users

Difference	Unverified Users	Entity-Verified Users
24h Max. Withdrawal	20,000 USDT	5,000,000 USDT
Max. Cumulative Withdrawal	No Limit	No Limit
P2P Trading	Available	Unavailable

3. How to Complete Entity Verification

Currently, you can submit entity verification documents directly on the BingX official website. Here’s how:

• Click on Profile icon, choose "Identity Verification", select the "Entity Verification" option, and follow the on-screen instructions to provide the required information.
• After submitting your details, your application will be under review. It may take approximately 3 to 5 working days as there are multiple documents that need to be reviewed. We appreciate your patience during this process.

 

4. Frequently Asked Questions

(1) Is it possible for an account that has completed Individual Verification to switch to Entity Verification?
No, you'll need to sign up for a new account for Entity Verification.

(2) Can I revoke my Entity Verification after it's completed?
Yes, you can contact our online support to proceed with this request.

(3) How Long Does KYB Review Take?
As the submitted documents are extensive, the review process may take 3–5 business days. Please wait patiently.

(4) Can I Still Use P2P Trading After KYB for My Account?
Entity Verification (KYB) currently does not support any crypto purchase services (P2P, bank card purchases, etc.). You can only become a merchant, publish ads, and wait for user orders to enjoy these services.

(5) Can an Account Complete Both KYC and KYB?
If the account has completed Advanced Verification, you will not be able to proceed with Entity Verification.

 

BingX Official Channels

BingX App: https://bingx.com/download/

BingX Web: https://bingx.com

Telegram: https://t.me/BingXOfficial

Twitter: https://twitter.com/BingXOfficial

YouTube: https://www.youtube.com/c/bingx

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