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. Pionex is a community that places high importance on accessibility, utility, 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 is a cryptocurrency exchange that allows users to deposit and withdraw digital currencies using their credit card. You can deposit any cryptocurrency into your Pionex account, but a minimum of 50 USDT is required for some trading pairs. 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. This verification process is optional, but completing it will allow you to enjoy higher withdrawal limits. Pionex also allows you to use referral codes to earn 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?
With two-factor authentication and SMS verification, users can make sure their account information is safe and secure. 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 has a good reputation, with over 100,000 active users per month and more than $5 billion in trading volume. It is licensed in Singapore and the United States, with a strong track record and financial backing. It uses Google Authenticator for two-factor authentication, which provides a high level of security. Users can also use a personal passcode to further secure their accounts.
Users can also withdraw their coins and 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 Legit?
Pionex allows you to buy and sell crypto assets. Transactions are subject to a 0.05% transaction fee. 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 has over 100,000 registered users and has a MAS and USA Money Services Business license. Its liquidity engines combine liquidity from major exchanges. The fees for using the platform are competitive and a small amount of each trade is charged.
Trading Bot
Pionex Trading Bot allows users to customize their web-based trading platform. 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 can be installed on multiple computers easily. It is a great choice for traders who are just starting out.
Pionex offers a comprehensive FAQ section which answers many 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. After establishing an account, the user can then transfer funds to their 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. There are no withdrawal fees or monthly fees. You must pay network fees to withdraw your coins. You can join the market maker program if you have more USDT than 100 000.
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 does not charge for deposits, but fees for each transaction are set at 0.05% of the transaction value.