Pionex Rebalancing Bot Tutorial (2023) - RushRadar When you use the spot future arbitrage bot, you may profit from price disparities between the current spot price of a crypto asset and the current price of that cryptocurrency in the futures market. Traders with the trading volume equal or higher than 15 BTC are qualified as VIP clients. Grid Trading Bot, Infinity Grid Bot, and Spot-Futures Arbitrage Bot, Smart Trade bot, DCA bot, let them work for you . So, bots work whenever you sleep or when Martingale as said is based on the theory that you will eventually be right on a trade and stand to profit on averaging down your position. Offering a highly functional platform, low fees, and multiple trading bots, Pionex beats most of its competitors. In the case of high-volume trading, Pionex offers membership in their Market Makers program, in which case the user is free from any trading fees. Jordan Major REVIEWS Mar 1, 2022 In this review, we will look at Pionex, a cryptocurrency exchange with built-in trading bots. In addition, it has acquired MSB (Money Services Business) licensure from the Financial Crimes Enforcement Network, a bureau of the United States government that analyzes online financial transactions to limit fraud and money laundering. Pionex - Crypto Trading Bot Review by Traders - TradeCrypto The exchange has an array of security features such as deep liquidity, strong financial backing, and the ability to implement two-factor authentication by email, SMS, and Google Authenticator. [2], You own Ether and you want to long Ethereum. Before trading is possible, the user has to deposit a certain amount. If the order doesnt have the matching outstanding order, the user pays the maker fee. It has an average rating of over 4 on both Google (4.4) and Apple stores (4.1). The Market Maker program entails no maker fees, so if you qualify, youll pay zero. Pionex Trading Bots. After completing identity verification level 2, you can choose to buy USDT with a credit cardAfter the above steps are completed, you would have cryptocurrency assets in PionexYou can view your asset status in Wallets -> Trade account on the App or website, Or learn more about other bots in our Blog, For New Friends:How to get 1288 Dual investment trial fundFor Regular Users:How to get 12,888 Trial funds, Related articles:The Best crypto strategy for BeginnersThe minimum investment required to start on PionexHow to Export Transaction History. Pionex review - How good is the hybrid bot & exchange? Let's start simple, because the votes are liked by everyone. We believe Pionex would be a great option for high-volume and mobile investors. Should I hodl btc using infinity grid or BTC Moon? : r/Pionex Next, click on the Live chat icon that appears on the screen. There are no geographical limits for Pionex clients, which means that traders from Malaysia to Brazil can open a live account and start using any of the trading bots. Grid Bot & Spot Futures Arbitrage Guide - YouTube Open a Pionex account here -. Whatsmore, you can use Pionex from any computer, laptop, or mobile device, making it easily accessible whether you decide to manually trade or auto trade the major coin listings that can be found on leading crypto exchanges Binance and Huobi. Not to mention Pionex has been operating safely for almost over 1,000 days. Martingale Bot - How Exactly It Works Nevertheless, the exchange states that it now only accepts a limited number of coins/tokens for deposit in the early edition but that it plans to progressively expand this number in the future version. I am not responsible for any gains or losses you make. Programming Books \u0026 Merch The Python Bible Book: https://www.neuralnine.com/books/ The Algorithm Bible Book: https://www.neuralnine.com/books/ Programming Merch: https://www.neuralnine.com/shop Social Media \u0026 Contact Website: https://www.neuralnine.com/ Instagram: https://www.instagram.com/neuralnine Twitter: https://twitter.com/neuralnine LinkedIn: https://www.linkedin.com/company/neuralnine/ GitHub: https://github.com/NeuralNine Discord: https://discord.gg/JU4xr8U3dm Outro Music From: https://www.bensound.com/Timestamps:(0:00) Intro(1:32) Disclaimer(2:10) Profits Preview(2:41) Pionex Basics(9:33) Pionex Mobile App(10:17) Grid Trading Bot(14:40) Rebalancing Bot(16:32) Spot-Futures Arbitrage Bot(19:18) Setting Up Trading Bots(22:54) Outro The idea which originated in a coffee shop during a break has taken off with []. Cutting-edge mobile interface: Pionexs desktop platform and mobile app have zero latency, so traders can always get up-to-date market data and pricing information, from any location via the mobile app. Enter the username or e-mail you used in your profile. Investing is speculative. Deposits are free. https://pionex.zendesk.com/hc/en-us/articles/360038643994-Pionex-app-Privacy-Policy, 3ommas - Cryptocurrency trading terminal and bots. Pionex uses a maker-taker fee schedule, which means that youll pay a fee when you place trades that make liquidity on the market and that take liquidity away from the market. If you qualify for the Market Maker program, youll pay 0% in maker fees. Within this range the price can vary, and if the price is low the bot buys a portion and if its high it sells a portion. service@pionex.com. However, when depositing through a credit card in Europe, there is a 3.5% charge, and when depositing outside Europe, the fee is set at 4.5%. The ultimate simplification of the grid strategy is the one grid scenario: buy low at $0.9 (blue line below) and sell high at $1.1 (red line below) strategy: Fig 2 : Single grid buy low (blue) sell high (red) action. For a $50 deposit, this bot pledges to deliver a return of 15-50% APR with extremely low risk.. Offering a highly functional platform, low fees, and multiple trading bots, Pionex beats most of its competitors. 2. Customer service was great, helped me recover funds within days, not weeks. The token names consist of three parts: coin, leverage, and long/short, e.g BTC3L. It's a lot of fun to use. However, withdrawing cryptocurrencies from Pionex will result in a fixed fee that may vary based on the coin or token being withdrawn. Pionex often has sign. It is not financial advice and is not an endorsement of any provider, product or service. Pionex Review [2023] | Crypto Trading Bots & Exchange | Pros, Cons Operate by ScaleFinal Company Registered on Cyprus HE429409. Pionex is a legit, safe, and potentially very profitable trading bot. As part of its maker-taker fee structure, Pionex charges a fee for transactions that make liquidity on the market and when trades take liquidity away from the market. Grid Bot. She is a devoted content creator and editor, crypto-enthusiast and stock market analyst. Step 6: If you click to verify you will be taken to complete KYC. Smart Trade is a sophisticated trading bot available 24 hours a day, seven days a week. In a bullish market this can help you to really leverage your money, but at the same time you can also lose all your money, because you apply interest rates and if the market falls you also lose not only your money but the one you borrowed. CAUTION: I had 30,000 USDT on Pionex. There is no need to understand the coding, as each person sets up the parameters. So, this does not mean that you can lose actually the money you lend the bot will stop if your 1000 USDT is liquidated. Do Not Sell My Personal Data/Privacy Policy, High-volume investor looking for the lowest fees, Those looking for a lower risk investment strategy, Mobile investors who do the majority of their trading on-the-go, Traders who tend to abandon their trading strategy due to emotions, Traders who already own some type of cryptocurrency. (2022), Day Trading Crypto Bots Tutorial (How to Use Crypto Scalping Bots), Crypto trading bots on a US Exchange! With so many bots to choose from, exploring is just as much fun as creating your own trading experience. Pionex has a web-based proprietary trading platform thatis compatible with all major web browsers, including Safari, Chrome, Firefox and Explorer. A cryptocurrency trading bot is an automated program that executes buy and sell orders with no manual input when specific, pre-defined market conditions are met. In the future, wed love to see Pionex expand its customer service offerings to include phone chat and to list its hours of operation. Step by step guide on investing with this bot. Pionex.com Crypto Trading Bot Platform Review: 12 Free in-Built Trading Google Authenticator is a very good and common way to keep your account safe. *The rewards will be distributed to your Pionex account within 10 business days. In order to maximize gains, the user should understand how the bot they use functions. kevin May 16, 2022 Support Center, The Beginner's Guide Want to join the mystery Crypto journey and create a powerful trading bot on Pionex? Additionally, you may be eligible if you own the equivalent of $300,000 or more in another supported cryptocurrency coin or token such as Bitcoin. I'm part of an affiliate network and I receive compensation from partnering websites How to bind 2FA. There will be a margin interest at anywhere between -10-15% a year. Among the users who created futures grid trading bots during the event, a total of 211 lucky users will share 5,500 USDT. Leveraged Grid Bot is a more complex trading technique based on the grid bot, as it employs leverage to multiply your investment and, therefore, your profits. In particular, we will overview the platform's features to buy and trade, the functions of each trading bot, as well as its security, among other features. However, you can access useful tutorials offered on the brokers YouTube page. Please notice that you shouldNEVERshare your Pionex account passwords, secret key, or 2FA codes with anyone. Bots - Pionex US Help Center Users of Pionex can benefit from the following features: Pionex offers manual trading via the use of crypto-to-crypto conversions, but its major offering is a variety of trading bots. How to use the Grid Trading Bot on Pionex. When the product reaches maturity, the settlement currency is determined by comparing the settlement price to the pegged price at maturity. The user can either trade manually or experiment with one of the bots. Home - Reviews - Trading Soft reviews - Pionex Crypto Trading Bot Review by Traders. [2]. But with these settings, any large price movement up for 5k will cover 20% easy. Additionally, Pionex offers competitive trading fees and an innovative mobile app, making it a suitable solution for investors who trade in large volumes on the go. This platform aggregates Binance and Huobi liquidity and is one of the biggest brokers and market makers for these two platforms. All rights reserved. 1.The Futures Grid Bot now supports adding investment. It is worth mentioning that the rating on the Google App store is based on a much larger number of ratings (over 4.500) than the one on the Apple store (137). Step 4 Join the community. Pionex doesnt currently list hours of operation for its customer service team on its website. Overall, Pionex distinguishes itself from the competition not only because of its 16 free automated crypto trading bot alternatives but also because of its straightforward and transparent pricing model. To do this it will lend money from the pionex pool and apply an hourly interest rate on the lended money. Advertiser Disclosure: SevenFxBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. While it doesnt offer a chance to create a bot from scratch, it is possible to enter the parameters that suit ones trading style. Copyright 2023 FINODES LLC. In this video, we talk about Pionex, which is a crypto exchange that allows us to run automated AI trading bots.Pionex is an exchange designed for the trading bot. Not using it anymore due to its bad customer service. Pros. Here's how we make money:. When you buy low and sell high, the Infinity Grid Bot is there to support you every step of the way. Individuals and organizations may eventually benefit from the low fees available across over 40 cryptocurrencies, which are all handled safely and securely by the exchanges. Check out our reviews on other. You will not be able to withdraw fiat currency through Pionex; instead, you will only be able to withdraw cryptocurrency. Manual Trading. How to use Pionex crypto trading bots - crypto bots explained.MoneyZG Crypto Course: https://moneyzg.academyTrade on Pionex: https://bit.ly/Pionex-ZGBest Crypto Tools \u0026 Deals: https://moneyzg.co/toolsFOLLOW ME:Twitter: https://bit.ly/Twitter-ZGMZG CLUB Discord: https://discord.gg/f7UNeqCZHnInstagram: https://bit.ly/Instagram-ZGTikTok: https://www.tiktok.com/@moneyzgTIMESTAMPS:0:00 How to use Pionex 0:32 Pionex basics2:53 Markets tab3:45 Pionex manual trading4:30 Pionex grid trading bot explained7:47 How Pionex grid bot works9:59 How to use Pionex grid trading bot12:57 Pionex moon bot14:04 Pionex leveraged bot17:43 How to edit bots18:29 Pionex arbitrage crypto botUSEFUL VIDEOS:Pionex platform https://youtu.be/KLnW0U3IGmEBinance https://youtu.be/FLaIOD9uGSgThis video is for entertainment purposes only. The fact that Pionex does not have a minimum deposit requirement, nor do they have a balance level or a funding charge, means that you simply do not need any assets in your name in order to get started. Our overall rating for this bot is the same as for Trality, in our Trality bot review. So for example you receive money from the pionex pool to apply the margin grid bot, but keep a certain portion as collateral. There is also a solid number of experienced traders whose bot strategies can be copied. Use everything at your own risk and responsibly. Participation in this program is possible for users having $300,000 USD in any of the supported cryptocurrencies on their balance. You can also apply for the program if you maintain the equivalent of $300,000 USD or more in another supported coin or token (Bitcoin, Chainlink, etc.). Though we were unable to locate a few features on the desktop platform (for example, CopyTrader features), setting up and activating our bots was simple and straightforward. So far, Pionex supports only crypto-to-crypto trade, and currently, no fiat currencies deposits or withdrawals are possible. In total, Pionex offers 11 free trading bots to optimize your strategy in crypto trading. The Smart Trade terminal allows traders to set up stop-loss, take profit, and trailing in one trade.