BingX says its global user base has reached 40 million, marking a reported growth milestone for the cryptocurrency exchange and Web3 focused trading platform. The figure was shared by the company as part of a year end update highlighting its expansion during 2025.
Founded in 2018, BingX operates as a global crypto exchange offering spot trading, derivatives, and copy trading services. The platform is best known for its copy trading feature, which allows users to follow and replicate the strategies of more experienced traders.
In recent years, BingX has also leaned into Web3 and artificial intelligence. The company says it has introduced AI driven tools aimed at supporting trading decisions and improving the user experience across its platform.
What The 40 Million Figure Represents
The 40 million figure refers to BingX’s total reported global users, based on company disclosures. BingX has not provided a breakdown by active users, geographic regions, or account activity levels.
As a result, the milestone reflects overall user registrations rather than measures such as trading volume, revenue, or daily engagement. The company has positioned the update as a snapshot of scale rather than a detailed performance report.
Growth Drivers And Platform Focus
According to BingX, the increase follows a period of accelerated growth during 2025. The company points to strong year on year gains in new registrations, which it links to broader participation in crypto markets and continued product expansion.
BingX has also attributed user growth to rising interest in social trading features and AI assisted tools. These features sit within a wider industry trend as exchanges compete to lower entry barriers for retail users.
Why Users Choose BingX
For many users, BingX’s appeal centres on accessibility. Copy trading allows newer participants to engage with the market by following experienced traders, while more advanced users can access derivatives products and a wide range of trading pairs.
At the same time, the platform’s AI related features reflect a growing push across the crypto industry to use data and automation to support decision making for retail traders.
Growth In A Competitive Market
The announcement comes amid intense competition in the global crypto exchange market. User growth has become a key signal platforms use to demonstrate relevance and scale, particularly as regulatory scrutiny increases and users become more selective about where they trade.
Reaching 40 million reported users does not directly change the day to day experience for existing customers. However, a larger user base can support deeper liquidity and more activity within social trading features. It can also generate feedback that influences future platform updates.
BingX has not announced new products, fee changes, or service updates tied specifically to the milestone. Instead, the update serves as a marker of the platform’s reported growth as it continues to invest in trading tools and Web3 related features within a fast moving crypto ecosystem.
