Pionex Mining and Trading Bot

About Pionex 

Pionex includes free trading bots. There is no need for prior knowledge in automated or crypto trading; activate their built-in trading bots to get started. This Pionex review will provide you with all the information about the key features and working of the trading bot. 

It is the world’s initial exchange to offer free, built-in crypto trading bots. It is an automated crypto trading environment that has been one of Asia’s fastest-growing platforms. This article will go through how to utilize Pionex trading bots, what payment methods are available, and the pricing structure of the exchange.

Pionex Summary

OfficialWebsite https://www.pionex.com/

Established         2019

Available Payment Options Crypto Payments

Cloud-Based     Yes

Supported Exchanges N/A

Mobile Support Android and iOS

Plans and Pricing Transaction Fees:

Lower Fees for VIP; Spot (Maker: 0.05%, Taker: 0.05%); Leveraged (Maker: 0.1%, Taker: 0.1%)

Withdrawal Fees:

Depends on Crypto & Network

Free Trial Yes

Academy Program No

Affiliate Program Yes

Customer Support Live Chat, Email, FAQs, Social Community Support

How Does Pionex Work?

Trading in Pionex depends upon the usage of crypto bots, which aids in the smooth functioning of the cryptocurrency exchange. Crypto trading bots are programs and algorithms that automate trading in the cryptocurrency market.

Market data is processed and analyzed per a set of criteria to identify the greatest chances and execute positions. Trading bots reduce the need for round-the-clock supervision that may be required for extended periods.

Pionex review reveals that it is more than just another cryptocurrency exchange because it offers tools for creating customized automated tactics with a Pionex trading bot. API key trading has become important, decreasing the need to monitor markets 24 hours a day, seven days a week. Pionex provides 12 free trading bots ideal for novice and professional traders.

Bots are generally sophisticated, necessitating client programming and coding knowledge; hence the absence of setup required for Pionex bots is a distinct advantage. We shall look at the different bots like – the spot futures arbitrage bot and leveraged grid bot, as well as the site, asset range, and other features.

Pionex Review

Pros

• The site has 16 bots to try to form. This is a large variety in comparison to their competitors.
• One of the best Pionex pros is that they have shown continuous results and are highly reputed.
• They have a very attractive fee-sharing program that allows Pionex users to earn passive income and generate legit profits.

Cons

• The free and regular plans of Pionex offer fewer features than their competitors

Benefits Of Using Pionex Trading Bots

Investors who have never tried using an automated smart trade bot may find Pionex slightly daunting. However, a great benefit of using Pionex’s bots is the beginner-friendly website with extremely low trading fees and an automated trading strategy. Users who register with Pionex can get immediate access to 16 free trading bots along with other benefits mentioned below

1. A simple and intuitive mobile app
2. More than 40 cryptocurrency trading coins accepted
3. Money Services Business license along with Monetary Authority of Singapore license
4. Pionex aggregates 12 free cryptocurrency trading bots without any programming or coding requirement
5. Innovative and excellent liquidity engines integrated with top crypto exchanges like Binance and Huobi
6. Low fees for transactions on other major exchanges for every crypto market taker or market maker member
7. No minimum deposit is required for the completely free crypto trading bot
8. Crypto traders can perform leverage trading, copy trading, manual trading, and futures with the spot future arbitrage bot and grid bot

Earn From Pionex

Structured

Pionex dual investment is a popular structured saving product with a floating income structure not covered by the principle. The yields on various commodities are fixed and known to the traders at the time of purchase, but the settlement currency may be subject to change and unknown to the traders. At maturity, the settlement currency is decided after comparing the settlement price with the pegged price at maturity. Different types of dual investment options are available, including the Bitcoin-USDT Dual Investment structure.

Staking

Pionex features an ETH staking program where both existing and new traders can invest in crypto assets in the Curve or Lido platform with absolute transparency and zero leverage. It is one of the simplest forms of investments offered by Pionex, where traders can stake Ethereum tokens and earn income. Traders do not have to consider or measure complicated income parameters or formulas to stake and earn from Pionex. All they have to do is complete a Curve investment on the Ethereum chain.

How to Withdraw From Pionex?

To withdraw the amount, you will have to open up your Pionex wallet and then proceed to take your FIAT out by choosing to withdraw. The amount should be in FIAT, and the processing depends upon the withdrawal method.

Conclusion

To trade automatically using bots, Pionex is the best choice. It is easy to use, with many useful tutorials available.

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