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. 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 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. 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. This verification process is optional, but completing it will allow you to enjoy higher withdrawal limits. 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. The platform works with many devices and is simple 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. 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.
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 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 can be used on PCs, Macs, and Linux. It offers access to asset charts and historical data. You can also access a range of drawing tools such as volume bars and Fibonacci retractometers. You can also view all trades in the order books column.
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. It charges a small percentage of each trade and has competitive fees.
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 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. 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. This process may take several hours, but it is a lot quicker than using a paid bot.
Pionex acts as a market maker on Binance and Huobi Global. These exchanges charge a flat fee of 0.05% for trading. There are no withdrawal fees or monthly fees. To withdraw your coins, you must pay the network fees. 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 charges no deposit fees, but transaction fees are 0.05% of the transaction amount.