How To Deposit Money Into Pionex

Pionex is a cryptocurrency exchange platform with xvi dissimilar in-congenital trading bots available for free. Information technology launched in 2019 and is registered in Singapore.

This is how information technology works in a nutshell:

Pionex How it Works

The trading bot is powered by the Binance broker arrangement, the minimum investment is USD l, and there is no lockup period on the deposited funds. You can sign up to the trading bot here.

Pionex Arbitrage Bot

A platform's historical security is non necessarily a guarantee of its future security, and incident free periods are reset to 0 days equally presently as an incident does occur. Nevertheless, it might still be interesting to you that Pionex according to information on their website obtained on 7 Dec 2021, has been operating incident gratis for 897 days.

They also have a MSB License (Money Services Business) issued past FinCen (we have independently controlled that this statement is true using this link).

Pionex Security

Most crypto traders experience that desktop requite the all-time weather condition for their trading. The computer has a bigger screen, and on bigger screens, more than of the crucial information that most traders base of operations their trading decisions on can exist viewed at the same time. The trading chart will also exist easier to display. Withal, not all crypto investors require desktops for their trading. Some prefer to exercise their crypto trading via their mobile telephone. If you are 1 of those traders, you'll exist happy to larn that Pionex's trading platform is bachelor as a mobile app in both App Store and Google Play Shop.

Pionex Mobile Support

Every trading platform has a trading view. The trading view is the part of the substitution's website where you tin can see the toll nautical chart of a certain cryptocurrency and what its current price is. At that place are normally also buy and sell boxes, where yous can place orders with respect to the relevant crypto, and, on most platforms, you volition also be able to see the order history (i.e., previous transactions involving the relevant crypto). All these are normally in the aforementioned view on your desktop. In that location are of course also variations to what we have described. The trading interface at Pionex is a bit different, every bit it besides includes information on the various trading bot alternatives/settings that you can choose from. Here's how it looks:

Pionex Trading View

Information technology is up to yous – and just you – to determine if the to a higher place interface is suitable to yous. There are usually many different ways in which you can change the settings to tailor the trading view after your very own preferences.

Every time y'all identify an social club, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. This applies also to the orders placed past whatsoever trading bot you take activated. Many exchanges divide between orders placed by takers and orders placed past makers. When you place a taker guild, your lodge trades immediately by filling an existing order on the guild book with a matching cost. When you lot place a maker order, your lodge goes on the order book and volition stay there until some other trader fills the order.

At Pionex, no such distinctions are made, but you pay 0.05% per society (regardless if yous happen to exist the taker or the maker), every fourth dimension the trading bot executes a trade. These fees are far below the global manufacture average, being 0.221% for takers and 0.178% for makers co-ordinate to the data published in our Q3 2021 Empirical Fee Study.

Pionex's withdrawal fee is 0.0005 BTC per BTC-withdrawal. This fee is quite in line with the industry average. Cryptowisser.com performs empirical studies of the average cryptocurrency exchange fees every quarter, and the last such written report (for Q3 2021) showed that the industry average BTC-withdrawal fee was then 0.00053 BTC per BTC-withdrawal.

Pionex Promo Pic

According to information we have received directly from Pionex, The states-investors may utilize their services. We do even so urge whatsoever US-investors to perform their own analysis of the eligbility of their trading at this platform.

In order to trade here, you must - in most cases - have cryptocurrency to begin with. However, if you really like Pionex but you lot don't accept whatever crypto notwithstanding, you tin can easily showtime an account with an exchange that has "fiat on-ramps" (an substitution where you lot can deposit regular cash), buy crypto at that place, and and then transfer information technology from such exchange to this exchange. Utilise our Exchange Filters to easily see which platforms that allow wire transfer or credit card deposits.

The reason for saying "in most cases" above is that there is actually a possibility for y'all to deposit USD to the platform and use that to start trading. This is nonetheless only possible if y'all install the Pionex Low-cal app get-go and information technology is restricted to certain countries/regions.

Pionex with USD