Hello friends, today I want to introduce you to Pionex, and how it works for those who do not know it.
Pionex is the world's first cryptocurrency exchange with bots included, it uses the liquidity of well-known exchanges such as Binance and Huobi, with the lowest commission in the market, only 0.05%. It currently has 12 totally free trading bots. Available for all countries without exception no eye with this.
There is no minimum deposit. However, there is a minimum of trade to do a manual trade or create a bot that ranges from pennies to 10 usdt.
What is this minimum of trade? The minimum amount required to make a transaction, for example, in BTC is 0.0001BTC around 4.85USDT at the current price, while for TRX it is 2TRX equivalent to 0.20USDT.
The KYC is not required to be completed in case you do not see your country on the list, only if you are going to withdraw amounts greater than 2 BTC per day. KYC (Know Your Costumer) or "Know Your Customer" is the process of verifying the identity of users, a measure against money laundering, terrorist financing, drug and human trafficking
If you wonder if you can buy with Fiat money, if you can do it, Pionex Lite is now available, a version of Pionex that is used to buy or sell with fiat money, you can withdraw it to your bank directly, you just have to download it from https: // lite. pionex.com/ start with your Pionex account and perform the KYC
If you wonder how many you can earn, the returns depend on your skills as a trader, robots are tools that only make our work easier, it depends on you as a trader, your highest income
Why do I have my balance frozen?
Frozen balances are due to pending operations, be they manual or bots. To make the balance available, check in the manual orders section (Trade) to cancel these orders or if you have a bot that is occupying them.
Each bot is designed for a specific market situation, some are more complex and require prior knowledge. If you are just starting out in the world of trading, we recommend the Arbitrage Bot or the Grid Bot, both low risk and easy to handle with Pionex AI. Check out the tutorials for both robots. Remember to diversify your funds!
The minimum required to create a bot depends on the number of grids and the minimum trade of the pair. There are pairs that require less than others, for example, TRX, XRP, XEM, MBTC, CRO.
If you are wondering if it is safe to invest in Pionex I assure you that it is, Pionex is the largest Binance broker, it also complies with the regulations of Singapore and the MSB in the USA.
Hodleing or keeping a coin is a good strategy, but Pionex bots go one step further. There are different bots created for this purpose. The Margin Bot offers the possibility of accumulating more coins while you continue to keep yours and with the Infinity Bot you take profits little by little, without having an upper limit.
When the leveraged Pionex tokens fall below 0.05 USDT a Reverse Split is made. This causes the number and value of user holdings to be divided by an X ratio. Even if the number of user tokens changes, their value is always maintained. We recommend not trading these tokens without knowing how they work. Pionex is not responsible for losses due to ignorance of its users.
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