What is infinity grid on pionex?

Infinity grid is one grid trading strategy thats best when you think the market is in a bull run has has a long way to go hence you dont want to put a cap on the price . the price range which is usually the lowest price makes the bot set a buy order which will be automatically triggered once price gets to that level.

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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 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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Is Pionex good for trading?

Extremely low trading fees of only 0.05%: Pionex is an excellent low-fee option for traders , with extremely competitive trading fees of just 0.05%. I have not seen any other crypto exchanges that have such a low fee, without needing to meet a certain trade amount.

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