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 offers a variety of highly customizable automated trading strategies.
What is Pionex?
Pionex is a cryptocurrency exchange that allows users to deposit and withdraw digital currencies using their credit card. 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. Once you have verified your details, you will receive a verification code. Although this verification is not required, it will allow for you to withdraw more money. 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 both by the US Money Services Business and the Singapore Monetary Authority. The exchange is also backed by venture capitalists such as BitUniverse and Shunwei Capital. The platform works with many devices and is simple 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. 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 has an excellent track record and financial backing, and is regulated in the United States and Singapore. 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.
Users can also withdraw their coins and other assets. You can sign up for Pionex by using your email ID or mobile phone. After registering, users can verify their account with a verification code. 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. There is a 0.05% fee per transaction. You can also deposit crypto via bank transfers. There are two apps available for 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. 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.
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’s available in many languages and compatible with most web browsers. It is also easy to install on multiple computers. It is a great choice for traders who are just starting out.
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. First, the user must open an account at a broker that accepts fiat transfer to be able to use this system. Once an account is established, funds can be transferred to the Pionex wallet. Although this process can take several hours it is much faster than using a paid bot.
Pionex acts as a market maker on Binance and Huobi Global. The exchange charges a flat 0.05% fee for trading on these exchanges. There are no withdrawal fees or monthly fees. You must pay network fees to withdraw your coins. 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. Its mobile app is easy to use and supports multi-currency trading. Pionex does not charge for deposits, but fees for each transaction are set at 0.05% of the transaction value.