Pionex Review – What Is Pionex?
If you’ve been considering a Pionex review, you’ve probably been wondering what it’s 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. Pionex’s goal is to increase traffic to cryptocurrency exchange channels. This in turn generates more revenue through associated 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. 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. 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 also offers built-in bots to 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. 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 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. 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 legal?
Pionex allows you to buy and sell crypto assets. Transactions are subject to a 0.05% transaction fee. You can also deposit crypto via 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, a Singapore-based exchange that offers automated trading environments, is available. 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.
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 is available in several languages and is compatible with most web browsers. It can be installed on multiple computers easily. 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. 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. 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 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 charges no deposit fees, but transaction fees are 0.05% of the transaction amount.