Pionex is a new company that makes automated trading tools. It offers tools for automating cryptocurrency trading. We’ll talk about Pionex and its trading bot in this article.
Page Contents
What Is Pionex?
Pionex offers free trading bots. No prior experience with automated trading or cryptocurrency is necessary; simply activate their built-in trading bots to get going.
This Pionex review will give you all the details on the main characteristics and functions of the trading bot. It is the only exchange in the world to provide free, included crypto trading bots.
One of Asia’s fastest-growing platforms is an automated crypto trading environment. This page will explain how to use Pionex trading bots, the many payment options, and the exchange’s pricing scheme.
How Does Pionex Function?
The use of crypto bots in Pionex trading is essential to the efficient function of the cryptocurrency exchange.
The trading in the cryptocurrency market is automated by software and algorithms known as “crypto trading bots.”
To find the best opportunities and execute positions, market data is processed and analyzed in accordance with a set of criteria. Trading bots decrease the requirement for constant supervision that may be necessary for a long time.
Because it provides capabilities for developing unique automated strategies using a Pionex trading bot, Pionex is more than simply another cryptocurrency exchange, according to the Pionex review.
Trading API keys has grown in importance, reducing the necessity of constantly watching the markets. Pionex offers 12 free trading bots that are great for both professional and newbie traders.
Since most sophisticated bots require client programming and coding expertise, the lack of setup needed for Pionex bots is a clear advantage.
We’ll examine the various bots, including the leveraged grid and spot futures arbitrage bots, as well as the website, available assets, and other features.
Main Characteristics Of Pionex
Pionex offers a number of the top cryptocurrency trading bots, including the leveraged grid bot, infinity grid bot, and grid trading bot. Here, we’ll look at how to invest fiat money using a following sell bot that is controlled by a trading bot that trades cryptocurrencies.
To receive additional benefits and become market maker members to take advantage of low trading fees, all large-volume traders can also sign up for Pionex’s Market Maker program.
Low fees, top-notch security, and other supported technologies that make it simple for traders to complete activities like secure deposits and withdrawals are some of the biggest reasons why so many traders favor this fantastic platform.
DCA Bot
DCA is one of the most fundamental trading strategies (Dollar Cost Averaging). Using the DCA approach, the investor makes repeated purchases of the same dollar investment. Independent of the asset’s current price, purchases are conducted on a regular basis and at predefined intervals. For the DCA strategy, Pionex lets you choose from one of the five-time intervals specified below.
Rebalancing Bot
If you are confident in several coins at once and are ready to keep coins for a long time to benefit from an increase in the overall trading value, you can utilize the rebalancing bot. The rebalancing bot has the advantage of defining its rebalance criteria and utilizing Pionex exchange rate differences between the tokens to conduct rebalancing arbitrage in order to achieve the goal of gaining coins. This is in contrast to holding the coins.
Grid Trading Bot
A trading program called the Pionex grid trading bot enables users to automatically buy low and sell high within a specified price range. Trading bots for cryptocurrencies can aid in preventing bad trades brought on by human factors in the volatile market for digital assets. You can exactly implement your low-buy-high-sell trading strategies with grid trading bots.
Trade
This automated Pionex trading platform, one of the largest market makers, offers MSB money services business by placing trades and enabling users to use their smart trade terminal platform and money. After completing the registration process, a high-volume trader can visit the official website and select Trade to begin placing transactions. They can execute trades using the supported digital currencies on the desktop platform of Pionex. Before putting, make sure to compare all of the automatic trading indicators and other trading volumes to the most recent fiat price.
Market
Numerous bitcoin bot trading markets exist worldwide, and they are supported by the automatic trading platform. It rates the market and offers spot and leverage so that anyone can trade in it. They might select to put trades on their preferred markets after viewing the watchlist.
Pionex App For Mobile
Pionex provides access to 16 trading bots and mobile apps, including the Grid Trading Bot, which enables safe and automatic trading of various currencies like Bitcoin, Ethereum, Dogecoin, and others. There is a decent range of free bots to use in the Pionex App. They are easy to assemble. They either use a manual trading strategy or an AI strategy that sets the parameters and rests.
Overall, the Pionex app for mobile devices has received positive reviews. It can serve as a mobile app for all cryptocurrency trades. Additionally, the Pionex mobile app provides plug-ins that support improved trade decision-making. Additionally, it provides the same security and mobility for bitcoin trading as those found on legitimate cryptocurrency exchanges.
Pionex Trading Bots’ Advantages
Pionex could seem a little overwhelming to investors who have never tried utilizing an automatic smart trade bot. However, employing Pionex’s bots has many advantages, including its user-friendly website, automated trading technique, and exceptionally inexpensive trading fees. 16 free trading bots are available right away to users who register with Pionex, in addition to the additional advantages detailed below-
- An easy-to-use smartphone application
- The Money Services Business license and the Monetary Authority of Singapore license are accepted for more than 40 cryptocurrencies.
- Pionex compiles 12 free cryptocurrency trading bots that don’t require any coding or programming knowledge.
- Top cryptocurrency exchanges like Binance and Huobi have integrated cutting-edge and excellent liquidity engines.
- Low transaction costs for all cryptocurrency market participants including market makers.
- The 100% free cryptocurrency trading bot has no minimum deposit requirements.
- With the help of the spot future arbitrage bot and grid bot, cryptocurrency traders can engage in leveraged trading, copy trading, manual trading, and futures trading.
Get Paid By Pionex
Structured
Popular structured saving product Pionex dual investment has a floating income structure that is not protected by the principle. While the settlement currency may be subject to change and unknown to the traders, the yields on specific commodities are fixed and known to the dealers at the time of purchase. After comparing the settlement price with the fixed price at maturity, the settlement currency is chosen at maturity. The Bitcoin-USDT Dual Investment structure is one of many accessible dual investment solutions.
Staking
With the help of Pionex’s ETH staking program, both experienced and novice traders can make completely transparent, no-leverage investments in cryptocurrencies on the Curve or Lido platforms. It is one of the easiest investing options Pionex provides, allowing users to stake Ethereum tokens and generate money. To stake and gain from Pionex, traders do not need to take sophisticated earning characteristics or formulae into account. They only need to finish an Ethereum chain Curve investment.
Test Fund
Pionex is offering a free 1288 USDT trial fund as a special gift to new users. Traders are not required to make a deposit or pay trading commissions in order to access the bonus funds and try out the various Pionex goods and services. Users must select one of the platform’s special products, invest the 1288 USDT trial fund, and take advantage of the earnings once the investment settlement is complete in order to receive the Pionex free trial fund.
Pionex Cost
Pionex, a well-known market maker for Binance and Huobi Global, enables the platform to maintain the lowest possible trading fees. Pionex is a user-friendly automated trading bot with very minimal trading commissions. Market maker and taker costs are set at 0.05% for spot and futures markets while they are 0.1% for leveraged markets for both market makers and takers.
Depending on the cryptocurrency used in trade, cryptocurrency withdrawals are subject to different transaction costs than fiat withdrawals. Note that crypto deposits at Pionex are free of charge, regardless of trading volume and deposit methods.
What Could Be More Advantageous Than Integrating Your Trading Bot With API Keys?
Pionex! Most of the trading bots from Coinbase, KuCoin, and Binance connect using API keys. However, you can avoid the headache of linking it with a different trading bot by using Pionex trading bots. Additionally, Pionex has built-in trading bots, exactly like the Huobi trading bot, KuCoin bot, and Gate.io’s bot.
Conclusions
Pionex will be your top choice if you are a cryptocurrency trader who enjoys using crypto trading bots. Avoid dealing with API keys and their unpredictable performance. Make the switch to Pionex and begin utilizing its built-in automated trading bots. When compared to the other exchanges, the costs are the lowest, which allows you to use the bot and save a tonne of money.
The Pionex team feels that mobile devices should come first, hence the website’s UI/UX change may have been made after its mobile app. You should pay attention to this section if you prefer to trade from a desktop.
Come to Pionex if you’re new to automated trading bots! not be required to pay the high subscription costs for the bot services. There were 9 distinct cryptocurrency bots available on the Pionex Exchange. Use it and modify it as needed to suit your trading strategy.
