(Article updated on 2026-04-01)
Basics
1. Do BingX TradFi futures have an expiration date?
No. Like crypto Perp Futures, TradFi Perp Futures have no expiration date and can be held indefinitely as long as margin requirements are met.
Note: Although the futures contract has no expiration date, the underlying markets have fixed trading hours; you cannot open or close positions during market closures.
2. Which assets can be used as margin for BingX TradFi futures?
BingX TradFi products now fully support Multi-Assets Mode. You can use USDT and various cryptocurrencies (such as BTC, ETH) as margin. You can trade forex, commodities, stocks, and indices with a single stablecoin balance (or the equivalent value converted from multiple assets), without fiat deposits/withdrawals or asset custody.
3. What leverage is available for BingX TradFi?
Leverage depends on the product type:
| Product category | Max. leverage |
| Foreign exchange (Forex) | 500x |
| Commodities (gold, oil, etc.) | 500x |
| Indices (S&P 500, NASDAQ 100) | 500x |
| Stocks (TSLA, etc.) | 100x |
Actual available leverage is limited by position size and margin tier; please refer to the order page for exact values.
Trading Rules
4. Do TradFi products on BingX support 24/7 trading?
Not all TradFi products support 24/7 trading, but the platform has enabled round-the-clock trading for some popular futures. The following instruments support 24/7 trading:
- Commodities: GOLD (XAU), SILVER (XAG), WTI Crude Oil, Brent Crude Oil
- Stock indices: S&P 500, NASDAQ 100
- Stocks: TSLA, CRCL, JPM
These futures are no longer restricted by traditional market open hours and can be opened and closed at any time. Other TradFi products (including most forex pairs, other stocks, and indices) still follow the trading hours of their underlying markets, for example U.S. stock trading hours. You cannot open or close positions during non-trading hours.
Note: Even for futures that support 24/7 trading, temporary suspensions may occur due to unstable market data sources or holidays.
How to check: On the trading interface, click “Info” → “Trading hours” for the platform’s latest display.
5. How does the funding rate for BingX TradFi futures work?
The funding rate is settled every 4-8 hours. A positive rate means longs pay shorts; a negative rate means shorts pay longs. Funding rate helps prices track the spot market.
6. What are the trading fees for BingX TradFi Perp Futures?
TradFi Perp Futures use a different fee schedule from crypto futures. Promotional trading fees can be as low as 0-0.003%, depending on region and market conditions.
Risk management
7. How can I manage risk when trading TradFi assets on BingX?
You can manage risk by using SL and TP orders, choosing appropriate leverage, and maintaining sufficient margin, especially before market close. BingX also enforces maintenance margin rules and a forced liquidation mechanism as built-in protections; positions may be liquidated if margin falls below required levels.
8. Why can't I open a position as usual / why has my leverage decreased before market closure?
To ensure fair trading and system stability, BingX applies the following restrictions to TradFi assets approaching market close:
Affected period:
- 30 minutes after market open on Monday
- 30 minutes before close, Monday through Thursday
- 180 minutes before close on the last trading day of the week
Restrictions:
- Opening long and short positions simultaneously is prohibited
- The system may dynamically adjust the maximum available leverage for newly opened positions
The above adjustments apply only to new positions; existing positions are not affected. We recommend planning your trading strategy and position sizing in advance.
Important note:
-
When opening a position, if you use a limit order, the system will re-evaluate the maximum available leverage at the moment the order is actually executed. If the leverage set on a limit order exceeds the system’s allowed maximum at execution, the order will fail (will not be filled).
9. Why was leverage suddenly reduced during certain periods?
During the release of major macroeconomic data or significant market events (such as interest rate decisions, inflation data, or nonfarm payrolls), financial market volatility usually increases significantly.
To effectively control trading risk under extreme market conditions, BingX may, during the relevant time window:
- Reduce the maximum available leverage for some TradFi assets
- Dynamically restore the original leverage level based on market liquidity and volatility
This is a routine risk-control measure to protect all users' assets and is not targeted at specific accounts. We recommend arranging your margin and positions appropriately before and after such events.
10. Will leverage adjustments affect positions I already hold?
No. Leverage adjustments apply only to new positions opened during the adjustment period. Existing positions opened before the adjustment are not affected; margin rate and liquidation price remain unchanged.
VIP Benefits
11. Is TradFi futures trading volume included in the BingX VIP upgrade system?
TradFi futures trading volume will be included in VIP level upgrade calculations. After this adjustment, the system will include users' TradFi futures trading volume from the past 30 days into their total futures trading volume using a unified conversion standard. This will help users more efficiently unlock the benefits corresponding to their VIP tier.The conversion rules and related arrangements are explained as follows:
TradFi futures trading volume will be converted based on the benchmark fees applicable to the user's verified region (KYC/KYB) to ensure consistent statistical standards. The conversion ratio (hereinafter referred to as "rate") is defined as follows:
- rate = TradFi Benchmark Fee ÷ Crypto Benchmark Fee
- The formula for converted trading volume counted toward VIP level calculations is: converted trading volume = actual TradFi futures trading volume × rate
Example: If the TradFi base rate for the user's KYC jurisdiction is 0.01% and the crypto base rate is 0.1%, and the actual TradFi futures trading volume for the period is 1,000,000 USDT, then: converted trading volume = 1,000,000 USDT × (0.01% ÷ 0.1%) = 100,000 USDT.
Abnormal trading behavior
12. What is "abnormal trading behavior"? What specifically does this refer to?
According to the BingX Explanation of TradFi Trading Risk Control Rules, the following behaviors are considered abnormal trading behavior, including but not limited to:
| Type | Description |
| Opening arbitrage | Open short-term positions around times when prices may jump, such as market open, end of market closure, or when trading sessions switch, and quickly close positions to take profit after rapid price movements. |
| Event arbitrage | Exploit momentary volatility within a very short period before or after major economic data releases or sudden market events by placing and canceling orders at high frequency or by repeatedly opening and closing positions. |
| Wash trading | Open both long and short positions on the same or highly correlated instruments within a short period, and repeatedly open and close positions to obtain abnormal trading gains. |
| Low-liquidity arbitrage | Intentionally choose periods with lower market liquidity (such as market open or during market closure) and conduct ultra-short-term frequent trading when market depth is thin. |
| Latency arbitrage | Use network conditions, server deployment, or technical means to enable orders to consistently obtain abnormally favorable executions during rapid price changes. |
| Automated high-frequency trading | Place and cancel large numbers of orders or repeatedly open and close positions in an extremely short time, producing many invalid orders and possibly affecting trading system stability. |
| Multi-account wash trading | Attempt to affect market price formation or mislead market trading activity through multi-account wash trading or similar methods. |
BingX reserves the right to investigate and handle abnormal trading behavior.
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Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur. BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice. For more information, please refer to our Terms of Use and Risk Warning.