Pionex Review 2025

Pros

• The US FinCEN has granted a Money Services Business (MSB) license for trading.
• Offers support for crypto derivatives through futures trading.
• Trading fees on this platform are lower than most major exchanges, at only 0.05% for both buyers and sellers.
• Top-quality liquidity solutions, sourced from Binance and Huobi, have been refined and improved.
• The advanced AI chatbot 'PionexGPT' assists users in setting up trading bots using Pine script.

Cons

• Limited regulation increases worries about safety in trading.
• Does not accept fiat deposits
• Trading may involve withdrawal fees and limits.
• No demo account
• Limited contact options

Pionex is a cryptocurrency exchange known for free, built-in trading bots. You don’t need prior experience to use their automated tools. Just activate the bot to start. Here’s a closer look at using Pionex robots, available payment methods, and their fee structure. We will cover the Pionex arbitrage bot, grid trading bot, trading platform, asset range, and more.

What Is Pionex?

Pionex offers a unique trading experience with its free, integrated trading bots. Launched in 2019, it quickly became a leading platform in Asia, boasting over $30 million in daily trade volume. With more than 100,000 users and a dedicated team of experts, Pionex thrives in the crypto market.

The company holds a USA Money Services Business license, while a Monetary Authority of Singapore license is pending. By utilizing liquidity engines from Binance and Huobi Global, Pionex ensures its bots operate 24/7. Backed by BitUniverse, it also benefits from investments by ZhenFund and Gaorong Capital, well-known Chinese venture capital firms.

Why Use Bots?

Trading bots are tools designed to automate trading in digital currency markets. By analyzing market data through set rules, they identify and execute optimal trades. Bots minimize the need for constant monitoring.

Key benefits of using bots include:

• Data-driven, emotionless trading
• Lower risk of human errors or delays
• Simulated environments for testing strategies
• Consistency in meeting performance targets
• Faster transactions than individual traders
• Less time and interaction required for continuous market monitoring

How Pionex Works

Pionex shines with its customizable automated strategies and free trading bots. These tools simplify trading by reducing the need to monitor markets 24/7. It features 12 versatile bots for both newbies and seasoned traders, eliminating the usual programming complexity. Copy trading is also available for mirroring top investors’ bots.

Pionex Bots Explored

Pionex offers a robust lineup of bots:

• Trailing Buy Bot – Adds to a position when asset prices drop, halting when they rebound.
• Trailing Sell Bot – Limits risks by placing trailing stops during market changes.
• Smart Trade Bot – Captures trends with fixed or trailing stops to manage risks.
• Grid Trading Bot – Profits from regular market fluctuations. Ideal for beginners and automation novice.
• Reverse Grid Bot – Increases coin holdings as prices fall, selling high within set limits.
• Margin Grid Bot – Lends crypto for trading funds to gain returns without actual coin usage.
• Leveraged Grid Bot – Amplifies results with margin loans using leverage ranging from 1:1.2 to 1:3.
• Leveraged Reverse Grid Bot – Boosts trading potential with leverage, similar to the grid bot.
• Infinity Grid Bot – Advanced strategy using percentages without an upper limit, for bullish markets.
• Time-Weighted Average Price (TWAP) Bot – Executes large trades in smaller portions over time.
• Dollar-Cost Averaging (DCA) Bot – Repeated buys at intervals to balance volatility.
• Spot Futures Arbitrage Bot – Exploits price discrepancies between spot and futures markets, aiming for 15%-50% APR. Covered by Pionex SAFU up to 50,000 USDT.

For more, check Pionex’s site for tutorials on finding bots that fit your trading approach.

Pionex Trading Platform

Pionex offers a web-based trading platform compatible with major browsers like Safari, Chrome, Firefox, and Explorer. It’s user-friendly and sophisticated, featuring:

• Coin ranking
• Live market cap
• Manual buy/sell options
• Built-in live chat
• TradingView charts
• Light and dark modes
• Customizable time filters
• Full trading order history
• A fully customizable interface
• Watchlists, favorites, and live coin holdings
• Multiple technical indicators: Bollinger Bands, RSI, MACD, Price Oscillator

Pionex Web Trader

Mobile App

Pionex offers a mobile-friendly trading platform with an app for iOS and Android devices. You can create grid and DCA bots on the go. Track strategy stats, get real-time news, notifications, and manage price gaps on mobile and tablet devices to boost profit potential. The app’s intuitive design and positive user ratings elevate its app store ranking.

Demo Account

Pionex lacks a demo account, unlike Bitsgap and 3commas. This feature allows learning, strategy testing, and market exploration without risk. However, Pionex isn’t alone; Kraken and BitUniverse also don’t offer demo options.

Pricing

Pionex is a market maker for Binance and Huobi Global, enjoying low fees from these exchanges. With a competitive 0.05% fee per trade, Pionex beats Binance and Kucoin, both at 0.1%, and Cryptohopper at 0.15%. Plus, there are no extra costs to use Pionex’s trading bots. For those who trade 300,000 USDT, Pionex offers a market maker program with 0% maker fees, though taker fees are still 0.05%.

Payments

Deposits

Pionex accepts only cryptocurrency deposits, supporting 40 digital currencies like Ethereum (ETH) and Bitcoin (BTC). Your wallet must have no fiat currency, but stablecoins like USDT are supported to avoid price fluctuations and account capital drops. Use regulated fiat gateways like Coinbase and Binance to transfer assets to Pionex. Match deposit networks to avoid losing assets, with online tutorials available for assistance. Pionex requires no minimum deposit or funding fee, but trading pairs have a minimum investment order volume. Deposits may take up to an hour to appear in your account.

Withdrawals

Withdrawals are also limited to cryptocurrencies. Each coin has a withdrawal fee and quantity limits. Providing KYC information can increase your withdrawal limits.

Security

Pionex provides a secure trading environment compliant with US security regulations. It boasts over $10 million in investments from top firms like ZhenFund and Gaorong Capital. The exchange is powered by the BitUniverse team, a prominent trading bot provider in Taiwan, Indonesia, and South Korea, ensuring reputable security and accountability.

Customer Support

Pionex offers support through email, Telegram, and live chat on their site.

• Email – service@pionex.com

Explore their FAQ for insights on trading topics like stopping a bot, insurance, compensation, and more. Join the community on social media and Discord for further assistance. Note, Pionex does not offer telephone support.

How To Sign Up With Pionex

Creating an account is fast and easy. Click ‘Sign Up’ on the website and complete the form for login details. You’ll need either a phone number or email for verification. Filling out KYC details can increase withdrawal limits, but this is optional. If you have a referral code, include it to earn rewards.

Pionex Verdict

Pionex is a quickly growing cryptocurrency exchange with simple yet advanced trading bots. You don’t need coding or algorithmic trading knowledge to use them. It has strong security and substantial financial backing, including support from two major Chinese venture capital firms. While beginners can access its automated trading tools, the absence of a demo account or phone support means you can’t test it before investing.

Alternatives To Pionex

These similar brokers are the highest rated alternatives to Pionex.