Is bingx.cfd a scam?

'LIKELY SCAM'
Risk: HIGH

Website Screenshot

Screenshot of bingx.cfd

Overview

This site exhibits multiple classic pig-butchering scam hallmarks, including outsized guaranteed returns, unverifiable trading metrics, and an extremely new domain with no credible company identification. The use of AI trading bot language, VIP group chat promotion, and copy trading all strengthen the pattern.

Why We Think This Is A Scam

Domain was registered just 4 days ago but claims 89,234+ traders, $284.5M+ volume, and high ROI over time.
Promises of 'Up to 500%+ APY' and specific, implausibly high trading returns with no supporting evidence or risk disclosure.
Promotes AI-powered, fully automated grid strategies—a common hook in pig-butchering scams.
Aggressive use of social channels (Telegram/chat button), which is typical of scam operations for direct contact and grooming.
No verifiable company registration, legal disclosures, or real contact information appear in provided content.
Branding closely mimics 'BingX' (a known crypto exchange), but uses '.cfd' domain on new infrastructure, suggesting impersonation.
Exaggerated metrics (active strategies, PnL, time running, etc.) are impossible to substantiate given the site age.

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Registration Info

Registrar:Dynadot LLC
Registered:2026-02-02

Hosting Info

Provider:Vercel, Inc
Location:US

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