Pionex Review – What Is Pionex?
You’ve likely been looking into a Pionex review and wondered what it was all about. There is a lively Discord community that has over 4500 members and more than 15K followers on Twitter. As a community, Pionex places a high priority on utility, accessibility, and mass trading. The goal is to drive traffic to cryptocurrency exchange channels, which in turn generates more revenue for the company through related fees. The system provides a wide variety of automated trading strategies that are highly customizable.
What is Pionex?
Pionex allows users to withdraw and deposit digital currencies with their credit cards. Pionex allows you to deposit any cryptocurrency, however, for certain trading pairs, a minimum 50 USDT is required. Although deposits are free, there is a 0.05% trade fee. Sign up on the Pionex official website or mobile app and verify your phone number and email address to get started. After you verify your information, you’ll receive a verification code. Although this verification is not required, it will allow for you to withdraw more money. Pionex allows you to use referral code to receive additional rewards.
Pionex is a well-respected company in the cryptocurrency market. It is regulated by the US’s Money Services Business, as well as the Singapore Monetary Authority. Venture capitalists like Shunwei Capital and BitUniverse also back the exchange. Its platform is compatible with multiple devices and is easy to use. It even has built-in bots that will help you make profitable trades.
Is it safe?
Two-factor authentication and SMS verification can be used to ensure that account information is secure and protected. To prevent phishing attempts, they should use secure passwords and change their email address. Pionex has a simple interface with a tutorial section that is easy to use.
Pionex’s reputation is good, with around 100,000 monthly active users and over $5 billion of trading volume. It is licensed in Singapore and the United States, with a strong track record and financial backing. Furthermore, it uses two-factor authentication with Google Authenticator, which is a good measure of security. To further protect their accounts, users can use a personal passcode.
In addition, users can withdraw their coins or other assets. They can do this by signing up on the Pionex website and using a mobile phone or email ID. Users can verify their account by entering a verification code after registering. They can register using a number if they don’t have a mobile phone.
Is it legal?
Pionex allows you to buy and sell crypto assets. There is a 0.05% fee per transaction. You can also deposit your crypto using bank transfers. Two apps are available to users. Pionex Lite. Both have the same features but differ in their fees and verification methods.
Pionex’s proprietary trading platform is available for PC, Mac, or Linux. It offers access to asset charts and historical data. It also includes a variety of drawing tools, such as Fibonacci retractometers and volume bars. You can also view all trades in the order books column.
Pionex is a Singapore-based exchange with an automated trading environment. It is home to more than 100,000 users. Its liquidity engines aggregate liquidity from leading exchanges. It charges a small percentage of each trade and has competitive fees.
Trading Bot
Pionex Trading Bot is a web-based trading system that can be customized by users. It is easy to use, and requires no client programming or coding skills. It’s available in many languages and compatible with most web browsers. It is also easy to install on multiple computers. Hence, it is an excellent choice for newbies who want to start trading.
Pionex has a comprehensive FAQ section that answers a variety of questions. However, it is important to note that these questions are specific to the Pionex platform and trading bot. To start using this system, a user must first open an account with a broker who accepts fiat transfers. Once an account is established, funds can be transferred to the Pionex wallet. This process may take several hours, but it is a lot quicker than using a paid bot.
Fees
Pionex is a market maker for Binance and Huobi Global. These exchanges charge a flat fee of 0.05% for trading. However, there are no monthly fees and withdrawal fees. To withdraw your coins, you must pay the network fees. If you have more than one hundred thousand USDT in your account, you can join the market maker program, which gives you 0% maker fees.
Pionex has a simple interface and supports multiple languages. It supports both light and dark mode trading. The mobile app supports multi-currency trades and is simple to use. Pionex charges no deposit fees, but transaction fees are 0.05% of the transaction amount.