I’ll talk about Pionex in this article; it’s a cryptocurrency exchange that creatively uses automated trading bots.
Robust security features, affordable costs, and an intuitive mobile app for trading while on the go are all advantages of the platform.
Pionex is an invaluable resource for inexperienced and seasoned traders, offering top-notch customer service and refined charting capabilities.
Introduction
Pionex is a cryptocurrency trading bot’s global leader in products. Pionex is a centralized cryptocurrency (CEX) exchange that provides an excellent backend platform with a high-speed matching engine.
Pionex has several quantitative trading robots, including the most famous Grid Trading robot.
Users can select the best robot to suit their trading requirements and strategies.
Moreover, Pionex offers Perpetual Futures and Futures Grid Trading robots for easy use in Perpetual Futures trade.
There is a 100% Cryptocurrency Storage Reserve at Pionex, and the Merkle tree is updated regularly on the official website.
This allows users to know the details of their assets at all times. User funds are not used for other purposes, so users can make deposits and withdrawals whenever they want.
Pionex has trading tools and services that give its users access to a meaningful trade ecosystem, thereby constructing win-win situations between them and Pionex.
Pionex Profile
| Company Name | Pionex |
| Categories | Cryptocurrency Exchanges |
| Website | https://www.pionex.com/en |
| Year Founded | 2019 |
| Headquarters | Singapore |
| Payment Method | Cloud-Based |
| Free Trial | Yes |
| Cloud Based | Yes |
| Mobile Support | Yes |
| Spot Taker Fee | 0.050% |
| Spot Maker Fee | 0.050% |
How to Sign Up on Pionex Exchange?
To join Pionex Exchange, consider these steps:
Go to the Website: Proceed to the official Pionex website.
Click ‘Sign Up’: Look for and click the sign-up button at the top right corner of this homepage.
Enter Your Particulars: Give your email address and create a password. Another option is to register using your phone number.
Verification: Find a verification code from your e-mail or SMS, then key it on the site for account validation.
Fill out KYC (Know Your Customer): Fill out the necessary identification papers for KYC process completion.
Activate 2FA (Two-Factor Authentication): Activate 2FA via Google Authenticator or SMS as an additional safety measure.
Futures Trading Bot
| Feature | Description |
|---|---|
| Small Investment, Big Return | Designed for high returns with minimal initial investment. |
| Futures Trading | Engages in trading futures contracts. |
| Flexible Profit & Risk Management | Various strategies to take profit and manage risks, including chart trading. |
| Futures PnL Tracking | Allows practice with demo funds, ensuring no risk of actual money loss. |
| Demo Trading | Allows practice with demo funds, ensuring no risk of real money loss. |
How Does Pionex Work?
Pionex utilizes automated crypto bots for its trading bot to ensure effective operations in cryptocurrency exchanges.
These software programs and algorithms facilitate automatic trading processing in the crypto market.
These bots can recognize the best trading opportunities and complete a trade by analyzing market data based on specific criteria.
The automation saves time as there is no need for 24-hour surveillance. That differentiates it from other standard cryptocurrency exchanges;
It enables the use of customized automated strategies through its trading bots. API essential trading causes less of a need for constant market monitoring.
Pionex offers twelve free trading bots suitable for beginners and professional traders.
Unlike many others, Pionex does not require programming or coding skills to get started, which means it offers a massive advantage over them.
Specialized bots like Spot-futures Arbitrage bot and Leveraged grid bot are among the things Pionex has in store.
Also, Pionex has multiple supported assets and features that make it attractive to users.
Pionex Fees
Transaction Fees
| Trading Type | Maker Fee | Taker Fee |
|---|---|---|
| Spot | 0.050% | 0.050% |
| Leveraged Token | 0.100% | 0.100% |
| Futures | 0.020% | 0.050% |
Maximum daily withdrawal
Here’s a table summarizing the maximum daily withdrawal limits for different KYC levels:
| KYC Level | Maximum Daily Withdrawal |
|---|---|
| KYC LV.0 | 0 USDT |
| KYC LV.1 | 20,000 USDT |
| KYC LV.2 | 1,000,000 USDT |
Withdrawal Fee
| Coin | Network | Minimum Deposit | Minimum Withdrawal | Withdraw Fee |
|---|---|---|---|---|
| BTC | BTC (Bitcoin) | 0.000005 | 0.0006 | 0.00011 |
| BNB Smart Chain (BEP20) | 0.0001 | 0.000068 | 0.00002 | |
| USDT | USDT (Tether) | |||
| Tron (TRC20) | 1 | 16 | 0.33 | |
| Ethereum (ERC20) | 1 | 0.6 | 0.15 | |
| BNB Smart Chain (BEP20) | 0.1 | 2 | 0.1 | |
| Arbitrum One | 0.1 | 0.25 | 0.12 | |
| AVAXC | 0.1 | 2 | 0.1 | |
| Optimism | 2 | 1 | 5 | |
| ETH | ETH (Ethereum) | 0.0005 | 0.0008 | 0.0048 |
| BNB Smart Chain (BEP20) | 0.0001 | 0.0048 | 0.0005 | |
| Arbitrum One | 0.001 | 0.0002 | 0.00003 | |
| Ethereum (ERC20) | 0.0001 | 0.0015 | 0.00002 | |
| Optimism | 0.0024 | 0.0002 | 0.0015 | |
| AAVE | AAVE (Aave) | 0.02 | 0.4 | 0.083 |
| ABBC | ABBC (ABBC Coin) | 5 | 7 | 5.8 |
| ADA | ADA (Cardano) | 1 | 3 | 0.8 |
| ALGO | ALGO (Algorand) | 0.05 | 0.12 | 0.008 |
| ALT | ALT (Altlayer) | 5 | 94 | 47 |
What Coins Are Supported on Pionex?
The exchange lists over 430 cryptocurrencies and supports more than 500 trading pairs. The platform lists primary tokens, including BTC, ETH, BNB, SOL, MATIC, XRP, DOGE, SHIB, and DOT.
Exchange Features
Comparatively Cheap Charges
The platform charges makers and takers a competitive trading fee of only 0.05%23.
Pionex has High Liquidity.
It sources trading liquidity from major exchanges such as Binance and Huobi, among others23.
Many Cryptocurrencies Available:
More than 370 cryptocurrencies can be traded on this platform, as well as 465 pairs of trade.
Secure Systems
Pionex prioritizes security with two-factor authentication (2FA) and other compliance measures.
Earning Options in Staking Form
They will also benefit from staking services and other earning possibilities for the growth of crypto assets.
Pionex Android & IOS Mobile App
Pionex mobile app is an on-the-go trading application that traders can download from Google Play or the App Store.
It allows you to trade right from your phone without hassles. Through the Pionex mobile app, users can do everything. It has an easy-to-use interface on their phones.
You can see your trades, open orders, and portfolio when you want because the platform has a mobile app called Pionex.
By using real-time data, complex graphics, and alerts, you will be connected with the market so as not to miss any opportunity to make a profit.
Newbies or professionals alike would find this Pionex App highly convenient for successful cryptocurrency trading nowadays!
Benefits Of Using Pionex Trading Bots
A few advantages of using Pionex trading bots are that they help fine-tune the trading strategies.
Here are some highlights:
Automation: Trading bots make it possible to trade round the clock even without constant monitoring on your part.
Trading Free from Emotion: They operate using a set of predetermined settings, thereby eliminating impulsive trades and avoiding emotional decision-making.
Efficiency: Bots usually handle lots of data quickly and execute transactions faster than humans, ensuring you do not miss out on profitable opportunities.
Customizable Strategies: These include Grid Trading Bot, DCA Bot, Infinity Grid Bot, and others provided by Pionex, which can adapt to various market conditions and trading strategies.
Risk Management: They protect against losses by setting stop-loss and take-profit levels, thus reducing risks.
Accessibility: You can easily manage your trades on the go since bots are user-friendly and accessible via a mobile app (Pionex).
Low Fees: The fee for using Trading Bots at Pionex is 0.05%, which is practical depending on how cost-effective you want it to be.
Pionex Affiliate Program
It is also worth mentioning that the studios have a great affiliate program based on only one parameter – referral.
Once you have ten bots running in your Pionex account, email service@pionex.com, and they will give you a 20% rebate on commission.
Pionex Customer Support
Pionex trading robots guarantee excellent customer support. It entails a wide variety of questions answered on their frequently asked questions (FAQs) page.
The live chat system also provides immediate responses to other queries beyond FAQs. They also give prompt feedback and advise beginners accordingly.
Also, if users need help in real time, they can communicate through Pionex’s social media channels via its embedded chat tool.
People can also directly reach out to customer service by sending an email using the address provided on the site.
For all Pionex platform-related inquiries, including taker-maker fees, strategy tracking, withdrawals, deposits, supported tools, grid bot usage, trade profits, and security or holdings, there is always support, which one can find by using the live chat feature.
Pionex Alternative Exchanges
Binance
It offers various virtual currencies, modern trade tools, and high liquidities. Most people value it for its cheap rates and extensive teaching facilities.
Coinbase Pro
Simple to use for newbies but with advanced trading features, this platform is suitable even for experienced traders. Furthermore, Coinbase Pro has state-of-the-art security measures and exceptional customer service.
KuCoin
This is because they have many cryptocurrencies and innovative features such as trading bots, margin trading, and futures, making them user-friendly in mobile apps.
Kraken
Moreover, it provides various sorting options for digital coins and pairs during trading with additional future exchange services or staking, making it one of the most secure exchanges with good client support.
Huobi Global
Also including learning resources along with round-the-clock customer care, Huobi Global has an all-inclusive list of digital assets; margin trades are also accommodated here, making it easy to operate.
Final Verdict
Pionex Exchange is a flexible and easy-to-use platform with automated trading robots that can be viewed as innovative.
Pionex has an intuitive interface, robust security features, and good customer service, among other features, to accommodate both newbies and experienced traders while providing a flawless trading experience.
Pionex is a one-stop solution for cryptocurrency trading because it offers 12 free bots, mobile trade capability, and profit risk facilities.
Suppose you want to automate your trades and diversify your current strategy or need a convenient way to manage your portfolio. In that case, Pionex will serve you better than many more reliable and cultivated platforms.
