Pionex is a cryptocurrency exchange, notable for its built-in trading bots that allow users to automate their trading strategies without additional costs.
What is Pionex?
Pionex stands as a prominent player in the realm of cryptocurrency trading, offering a comprehensive suite of services centered around trading bots. As a centralized exchange (CEX) launched in 2019, Pionex has gained international recognition with its professional platform featuring a remarkably fast matching engine.
Trading Features and Robots
Pionex provides a diverse range of quantitative trading robots, with the well-known Grid Trading bots taking center stage. These robots cater to users' specific trading needs and strategies. The platform also offers Perpetual Futures and Futures Grid Trading robots, enhancing the convenience of Perpetual Futures trading.
Security and Transparency
Pionex prioritizes security with a 100% cryptocurrency storage reserve. Regular updates to the Merkle tree on the official website ensure transparency, allowing users to scrutinize asset details at any given time. The platform emphasizes the absence of misappropriation of user funds, enabling seamless deposit and withdrawal of coins.
Pionex Overview
Launch and Headquarters
Launched in 2019, Pionex has rapidly evolved into an international crypto platform with its headquarters situated in Singapore.
Supported Coins
With support for over 430 cryptocurrencies and more than 500 trading pairs, Pionex accommodates major tokens such as BTC, ETH, BNB, SOL, MATIC, XRP, DOGE, SHIB, and DOT.
Fee Structure
Pionex operates on a market taker and maker fee model, with a fixed trading fee of 0.05% for both market taker and maker.
Pionex as a Trading Platform
Automated Trading Bots
Pionex distinguishes itself as the world's first cryptocurrency exchange with built-in automated trading bots. Traders have access to 16 free trading bots, eliminating additional fees and empowering them to automate their trading strategies.
Trading Volume and User Base
As an established broker with headquarters in Singapore, Pionex boasts over 100,000 monthly active customers and handles a substantial monthly trading volume of $5 billion.
Mobile App Innovation
Pionex offers a cutting-edge mobile app that mirrors the functionality of its desktop version. The user-friendly interface caters to both novice and experienced users, allowing them to build their own trading bots in as little as one minute using provided instructions.
Core Products of Pionex
Cryptocurrency Trading Platform:
Access to over 120 cryptocurrencies, including BTC, ETH, LTC, XRP, SHIB, and DOGE.
Users can choose between using the Trading Bot or executing manual trades.
Trading Bots:
Highlighting the Grid Trading bot, with a 0.05% fee.
Automated asset purchase and sale based on user-set low and high points, capitalizing on market fluctuations.
Mobile App:
Replicating all desktop features on the mobile platform.
User-friendly interface facilitates quick bot setup, allowing users to trade on the go.
Pionex's holistic approach, coupled with competitive fees and continuous innovation, positions it as a valuable platform for cryptocurrency traders worldwide.
Is Pionex safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
