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.
Read moreCan 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.
Read moreIs Pionex available in USA?
All of people in the world can use Pionex, but there might be several restriction. For example, U.S. resident cannot trade leveraged token inside Pionex . But for spot market, it is available for everyone.
Read moreHow 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.
Read moreWhat is pionex release profit?
Answer Release the profit means it release only from that bot . Batch release means you release profit from all your running grid bots (several at once) lzw.
Read moreHow long does Pionex take to withdraw?
Withdrawing cryptocurrency from Pionex is a simple and quick process. Once Pionex has received your instruction, they will begin processing your withdrawal immediately, and you will be able to track it. You should be able to finish your withdrawal within 5 minutes or less .
Read moreAre trading bots worth it?
Answer: Trading bots are profitable for as long as you can configure them properly . The best crypto trading bots will obviously make a profit and it is essential to set to test them or have some sort of guarantee first before buying. Then it is essential to learn their working. Otherwise, they can also make losses.
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