Pionex boasts of a revolutionary exchange platform that offers effective crypto trading bots. Over 16 inbuilt bots are present for use by members. The automated crypto software is free to use. When compared to manual trading automated bots help in efficient and hands-free trading. Pionex provides an uptime of 99.99% and has completed a successful service time of 1051 days.
What is Pionex?
Pionex offers free trading tools for crypto traders. Users can choose from the available bots which are designed based on different strategies like Grid, DCA, TWAP, and more. The bots allow secure and automatic trading of Bitcoin, Dogecoin, Ethereum, and more.
How does Pionex help traders?
Based on the type of bot you select the working approach used differs. For instance, the grid bot can work in the AI mode or you can use your own strategy. The bot chooses the upper and lower limit based on the volatility of the trading pair and it splits the amount you have chosen to trade and sets the buy and sell orders. With the Arbitrage bot, you can profit from the price difference in different markets for a particular asset.
Pionex main features
Some of the key features of the platform that make it competitive are given below:
- The platform provides 16 free integrated bots.
- Over 100 million daily trades occur on the platform with a monthly volume of more than $5 billion.
- It has users spread over 100 countries and regions worldwide.
- The service support numerous coins including ABBC, ADA, ALCX, AION, BEAM, BAL, BNB, and many others.
- Grid trading bot, TWAP bot, DCA, and Leveraged grid bot are some of the bots available on the platform.
- It has good liquidity as it aggregates liquidity from Huobi and Binance
Ease of use
Newbies and seasoned traders will find the Pionex ideal for achieving successful results. The user-friendly interface, free and efficient bots, and good support make the service favorable to traders of all levels.
Settings
The developers provide detailed instructions and support for each of the product they offer.
Safety and security
All crypto funds you hold in the Pionex wallet are kept secure in the Binance and Huobi Global exchanges. The company uses various security measures such as email verification, personal passcode, withdrawal white list, and Google Authenticator for security.
Customer support
For support, the vendor provides social media links to Telegram, Discord, Twitter, Facebook, and Line. An FAQ section, live chat, a blog, and an email address are present for assistance.
Public experience
We found 276 reviews for Pionex on the Trustpilot site with a rating of 4.2/5. As per the feedback, the service offers good support and quality bots that show consistent performance.
Profitability
Traders are satisfied with the trading results they get with Pionex:
We can find many positive testimonials on Trustpilot as well:
What does it cost to use Pionex?
While the bots are free to use, the company charges a 0.05% commission fee for the trades. A maker fee of 0.05% and a taker fee of 0.05%. For deposits, the minimum amount varies based on the type of token or coin you want to use. Withdrawal fees differ based on the coin or token you want to withdraw. For BTC the fee is 0.0005 BTC and for USDT ERC20 the fee is 25 USDT.
Pionex supported exchanges
Pionex is a market maker for Binance and Huobi Global. It benefits from low fees from the two exchanges.
Deposit & withdrawal requirements
- Depositing cryptocurrency on Pionex is free of charge.
- They do not accept the ETH/ERC20 token deposits fron Wirex.
- To get an immediate support, traders can email Pionex directly.
How to get started on Pionex?
Trading on the platform with its free bots is an easy and quick process. Here are the steps you need to follow:
- Purchase cryptocurrency from trusted exchanges like Binance, etc.
- Register with Pionex and transfer your crypto assets to the account
- Choose from the available bots and set up your strategy and other parameters.
The bot will take over the trading for you.
The core team of Pionex
The platform has the Money Services Business (MSB) license by FinCEN in the United States. It is one of the biggest Binance brokers and market makers of Huobi. The company was started in 2019 and team members include Larry Toh, Dave Yeh, and Josey Wyatt.
Pionex Crypto Bot
Pionex-
Key Features8/10 Very good
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Price10/10 The best
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Security and Reliability9/10 Amazing
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Customer Support9/10 Amazing
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Public Experience9/10 Amazing
Advantages
- Automated trading software
- Free bots
- Low commission fee
Disadvantages
- The website updates are slower when compared to mobile updates
