Pionex Review: What is Pionex?
If you’ve been considering a Pionex review, you’ve probably been wondering what it’s all about. It has a vibrant Discord community with over 4,500 members and over 15K Twitter followers. 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 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. To get started, you need to sign up on the official Pionex website or mobile application and verify your email address and phone number. 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 has a solid reputation in the cryptocurrency industry. It is regulated by the US’s Money Services Business, as well as the Singapore Monetary Authority. The exchange is also backed by venture capitalists such as BitUniverse and Shunwei Capital. Its platform is compatible with multiple devices and is easy to use. It also offers built-in bots to 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. In addition, Pionex uses a user-friendly interface that’s easy to use, with a tutorial section for beginners.
Pionex’s reputation is good, with around 100,000 monthly active users and over $5 billion of trading volume. It has an excellent track record and financial backing, and is regulated in the United States and Singapore. It uses Google Authenticator for two-factor authentication, which provides a high level of security. To further protect their accounts, users can use a personal passcode.
In addition, users can withdraw their coins or other assets. You can sign up for Pionex by using your email ID or mobile phone. Users can verify their account by entering a verification code after registering. If they are not using a mobile phone, they can also register with a phone number.
Is it legal?
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 of them have the same features, but they differ in the fees and verification methods.
Pionex’s proprietary trading platform is available for PC, Mac, or Linux. You can access historical data and asset charts. You can also access a range of drawing tools such as volume bars and Fibonacci retractometers. In addition, the order books column allows you to view all of your trades.
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. The fees for using the platform are competitive and a small amount of each trade is charged.
Trade Bot
Pionex Trading Bot allows users to customize their web-based trading platform. It’s easy to use and does not require any programming or coding skills. It is available in several languages and is 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 offers a comprehensive FAQ section which answers many questions. These questions only apply to the Pionex platform, and not to trading bots. 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 acts as a market maker on Binance and Huobi Global. The exchange charges a flat 0.05% fee for trading on these exchanges. However, there are no monthly fees and withdrawal 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 also supports 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.