1. Enable Stock Trading (3 Steps)

Step 1: Sign up for a BingX account

  • Download the BingX app or visit the official website at https://bingx.com/
  • Sign up using your phone number or email.

Step 2: Complete identity verification (KYC)

  • Go to "Profile" → "Identity Verification".
  • Upload a photo of your ID document and complete face recognition.
  • Verification is usually approved within minutes.
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Step 3: Access stock trading

  • Find the "TradFi - Stocks" entry on the app.
  • When you access stock trading for the first time, you need to read and agree to the Stock Trading Risk Disclosure.
  • Once stock trading is enabled, you can browse the market and place orders.

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2. How to Buy Stocks

Prepare funds:

  • Make sure your Spot Account has a sufficient USDT or USDC balance.
  • You can transfer funds from your Fund Account or Wealth Account to your Spot Account.
  • Combined payment is supported: your Spot Account balance is deducted first, and any shortfall can be covered from your Fund Account or Wealth Account.

Place a buy order:

  • Step 1: Go to "Stocks" → "Market" and select the stock you want to buy (for example, AAPL).
  • Step 2: Select the order type (market order or limit order).
  • Step 3: Enter the purchase amount (minimum 5 USDC) or number of shares (minimum 0.0001 shares).
  • Step 4: Tap the "Buy" button.
  • Step 5: Confirm the order details (fees are reflected as a price spread, and the order confirmation page shows a fee details).
  • Step 6: Tap "Buy".
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💡 You can pay with USDT or USDC when placing an order. Switch the payment currency on the right side of the order placement panel. Market orders execute immediately during market hours.

Market orders placed outside market hours will execute when the market reopens. Limit orders can execute at any time when liquidity is available.

 

3. How to Sell Stocks

You can submit a sell order for purchased stocks at any time, without waiting for T+1 settlement to complete.

1) Selling Steps

  • Go to the Stocks page and open the stock you want to sell.
  • Select "Sell".
  • Choose the order type (e.g., market/limit), then enter the amount or value to sell.
  • Confirm the details and submit the order.
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2) About T+1 Settlement

T+1 settlement does not mean you cannot trade. T+1 mainly affects the withdrawal status of funds, not trading operations.

  • ✅ Buy today → Sell today (trading is unrestricted).
  • ❌ Proceeds from same-day sales → Can only be withdrawn after settlement on the next day.
  • ❌ During settlement → Sending Crypto Gifts, transferring to other users, and P2P trading are not supported.

Note: If you see messages such as "Settling / Insufficient balance / Withdrawal unavailable" during an operation, these are usually settlement-related asset

status restrictions and do not mean you cannot trade.

 

4. View Orders and Positions

  • Current positions: Go to "Stocks" → "Positions" to view all positions and PnL.
  • Open orders: Go to "Stocks" → "All Orders" → "Open orders" to view pending limit orders.
  • History: Go to "Stocks" → "All Orders" → "Order history" / "Trade history" to view filled, canceled, or expired orders.
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5. Quick Answers to Common Beginner FAQs

FAQ Answer
What is the minimum amount I can buy? Starting from 5 USDC, fractional shares are supported
What currency can I use to pay? You can pay with USDT or USDC when placing an order. Switch the payment currency on the right side of the order placement panel.
How long after buying can I sell? You can sell immediately after buying. T+1 settlement applies only to withdrawals, not to trading.
How much does it cost? No additional trading fees are charged. Costs are reflected in the spread.
Can I place orders when the market is closed? 5×24h trading is supported (pre-market, regular, after-hours, and overnight sessions).
If I lose money, will I end up owing more than I put in? No. Stock trading has no leverage, so the maximum loss is limited to your principal.