Is Pionex an American?

Regulated in Singapore and the United State . Pionex has been granted by the U.S. FinCEN’s MSB (Money Services Business) License. It’s the same license that Binance, Huobi, and multiple top exchanges applied. Pionex is the first cryptocurrency exchange with in-built trading bots that are granted by the U.S. license.

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Can I use Pionex in Singapore?

Pionex SG Announcement Please note that this website (Pionex Singapore) is no longer operational . Furthermore, please note that Pionex Pte Ltd has ceased carrying on business in providing digital payment token services (as defined under the Payment Services Act 2019 of Singapore) in Singapore.

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How does Pionex grid trading work?

Grid Trading profits from the ups and downs of the market. You set a Price Range for the bot, adjust how many Grids you want and as long as the price stays within your set range, the bot will always sell a portion when the price goes a bit up and buy a portion when it goes a bit down.

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