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 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. Deposits are free, but there is a 0.05% trading fee per trade. 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 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. 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 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.
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. They can register using a number if they don’t have a mobile phone.
Is it legal?
Pionex is an exchange that lets you 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 have the same features but differ in their fees and verification methods.
Pionex’s proprietary trading platform is available for PC, Mac, or Linux. You can access historical data and asset charts. It also includes a variety of drawing tools, such as Fibonacci retractometers and volume bars. 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 has over 100,000 registered users and has a MAS and USA Money Services Business license. Its liquidity engines aggregate liquidity from leading exchanges. It charges a small percentage of each trade and has competitive fees.
Trade 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 is available in several languages and is 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 offers a comprehensive FAQ section which answers many questions. These questions only apply to the Pionex platform, and not to trading bots. First, the user must open an account at a broker that accepts fiat transfer to be able to use this system. After establishing an account, the user can then transfer funds to their Pionex wallet. Although this process can take several hours it is much faster than using a paid bot.
Fees
Pionex is a market maker for 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 offers a user-friendly interface and offers support for several 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.