Dear BingX Users,
BingX is implementing the T+1 sell and withdrawal limits for cryptocurrency purchases using credit/debit cards (e.g., Visa and Mastercard), Apple Pay, and Google Pay to enhance trading and account security.
The limits apply to assets of equivalent value purchased via the above payment methods in all fiat currencies. It does not affect other trading features or services, such as Spot, Futures, Copy Trading, or Grid Trading.
About T+1 Limits
All assets purchased through credit/debit cards (e.g., Visa and Mastercard), Apple Pay, and Google Pay will be frozen for "T+1" period (24 hours).
During the T+1 period, users will be unable to use P2P Sell, withdrawal, internal transfer, or Crypto Gifts on the equivalent assets. However, they can still freely use other trading features and services, such as Spot, Futures, Copy Trading, and Grid Trading. The unfrozen portion of assets can be used or withdrawn as usual. After "T+1", the frozen assets will be automatically released, and users can withdraw them or sell them via P2P.
Note: Fiat Deposit and third-party crypto purchases are not affected by the T+1 limit.
Example 1:
User A initially has 1,000 USDT. User A purchased 500 USDT on 2025-01-02 at 12:00 (UTC) using any of the following payment methods: credit/debit cards (e.g., Visa or Mastercard), Apple Pay, or Google Pay. Before 2025-01-03 at 12:00 (UTC), the equivalent amount of assets under the T+1 limit is 500 USDT.
Example 2:
User B purchased 600 USDT via P2P on 2025-01-02 at 18:00 (UTC) and used the 600 USDT to buy BTC on 2025-01-02 at 19:00 (UTC). The portion of BTC assets (equivalent to 600 USDT) can only be withdrawn or sold using P2P after 2025-01-03 at 18:00 (UTC).
This policy is implemented with security and risk control in mind to prevent fraud and improper trading activities while
safeguarding our users funds. Be sure to plan your withdrawals accordingly when using these payment methods.
Thank you for your support. If you have any questions, please contact our 24/7 online support.
BingX Operation Team
2025-01-05