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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What is grids on Pionex?

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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How does Pionex trading bot work?

Pionex uses a maker-taker fee schedule, which means that you’ll pay a fee when you place trades that “make” liquidity on the market and that “take” liquidity away from the market. If you place a trade that isn’t immediately matched by an outstanding order on the books, you’ll pay the maker fee.28 Şub 2022

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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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