BingX launched in Singapore in 2018 and built its business on social trading: you pick a lead trader, allocate money to follow their positions, and pay them a share of the profit, 10% on spot and 10% to 32% on futures depending on their tier. It reports more than 10 million users across 100-plus countries, lists 600-plus coins by independent counts and more than 1,000 by its own, and charges 0.1% on spot at the base tier. Its regulatory footprint is an AUSTRAC registration in Australia and an FCIS registration in Lithuania, both anti-money-laundering registrations rather than market-conduct licenses.
Its restricted list is explicit: services are not available to residents of Canada, mainland China, Hong Kong, Macau, the Netherlands, Singapore, the United Kingdom, or the United States including all U.S. territories. A U.S. ID fails verification, U.S. IP addresses are blocked, and there is no U.S. affiliate. On September 20, 2024 the exchange lost about $43 million from its hot wallets across several chains in an attack attributed to the Lazarus Group, froze withdrawals for about a day while it moved assets to cold storage, and promised and delivered full refunds.
Anytime Capital serves the customer BingX turns away, and everyone else. It is a U.S. money services business with a storefront on Piedmont Road in Atlanta, an office in One Biscayne Tower in Miami, a phone number that reaches a person, and every rail from Apple Pay to cash and same-day wire, available wherever you are. It is a brokerage with a wallet you control rather than a copy-trading venue, and it says so.