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. 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 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 allows you to use referral code to receive 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. 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?
Two-factor authentication and SMS verification can be used to ensure that account information is secure and protected. They should also use secure passwords, use a new email address, and check links to prevent phishing attempts. 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. 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. Transactions are subject to a 0.05% transaction fee. You can also deposit your crypto using 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. 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 combine liquidity from major exchanges. The fees for using the platform are competitive and a small amount of each trade is charged.
Trading Bot
Pionex Trading Bot is a web-based trading system that can be customized by users. 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 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. 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. Although this process can take several hours it is much faster 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. 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.