## List of BingX deposit and withdrawal methods
BingX supports cryptocurrency transfers, as well as credit cards, P2P trading, and bank transfers. While direct deposits and withdrawals in Japanese yen are not possible, using P2P trading effectively allows for deposits and withdrawals in Japanese yen
### Payment Methods
| Deposit Method | Fees | Processing Time | Notes |
|———|——–|———|——|
| Cryptocurrency Transfer | Free (Sender fees apply) | Minutes to 60 minutes | Supports over 500 currencies |
| Credit Card / Debit Card | Payment service fees apply | Minutes to hours | Via MoonPay and BANXA |
| P2P Trading | Free | Instant to hours | Purchase available in Japanese Yen |
| Bank Transfer | Free | 1-3 business days | KYC verification required |
### Withdrawal Methods
| Withdrawal Method | Processing Time | Notes |
|———|———|——|
| Cryptocurrency Withdrawal | A few minutes to a few hours | Network fees apply (see table below) |
| P2P Trading (Sell) | Instant to a few hours | Can be received in Japanese Yen |
### Withdrawal fees for major currencies
| Currency | Network | Withdrawal Fee |
|——|————|———–|
| USDT | TRC20 | 1.5 USDT |
| USDT | ERC20 | 1 USDT |
| USDT | BEP20 | 0.15 USDT |
| USDT | Solana | 1 USDT |
| USDT | Polygon | 0.8 USDT |
| BTC | Bitcoin | 0.00004 BTC |
| ETH | ERC20 | 0.00035 ETH |
*For USDT withdrawals, **BEP20** offers the lowest cost (0.15 USDT)
### KYC Levels and Deposit/Withdrawal Restrictions
| KYC Level | Deposit Limit | Withdrawal Limit |
|———-|———|———|
| Unverified | Limited | Limited |
| Basic Verification | Expanded | Expanded |
| Advanced Verification | Significantly Increased Limit | Significantly Increased Limit |
Completing KYC verification significantly increases your deposit and withdrawal limits. Advanced verification is recommended for full functionality
### Deposit and Withdrawal Rules and Precautions
– **Please do not choose the wrong remittance network.** Sending to the wrong network may result in the loss of your assets.
– **Credit card deposits** are recommended via MoonPay (only MoonPay is supported for Japanese Yen).
– **KYC verification is required for bank transfers.**
– P2P transactions are between individuals, so choose a trustworthy trading partner.
## Benefits of using MoneyChat
– **Cashback**: A portion of the cost is automatically refunded for each trade
– **Additional Benefits**: OMEGA EA, AI Copy Trading, Tenkaichi Budokai, Gacha, etc.
– **Double Support**: BingX support + MoneyChat Japanese support
**Risk Warning**: Cryptocurrency trading involves risks. Please invest only with funds you can afford to lose
