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 moreIs Pionex insured?
Pionex now provides a GRID Bot insurance fund for all our users to test the trading bot. Keep reading and learn more details.
Read moreIs Pionex a Chinese?
But one exchange is fixing that by offering built-in bots! That exchange is Singapore-based Pionex, and they have 12 different trading bots that can be added to your account, with no experience needed on your part.27 Oca 2021
Read moreHow good is Pionex trading bot?
Verdict. Pionex is a top choice cryptocurrency exchange for trading bots and is perfect for beginners to automated trading. They really walk you through each bot in full detail so you know exactly what you’re doing instead of rushing in headfirst with no idea.25 Şub 2022
Read moreHow does a Pionex bot work?
It sets up a grid of limit buy and sell orders within the selected channel . Thus, as soon as the price reaches one of the lines above the current price, the bot will sell X, taking profits in Y. When the price goes down — it will buy Y. And so on infinitely, while the price remains within the channel.
Read moreCan I trust pionex?
Pionex is not a scam. It’s 100% legit .
Read moreAre trading bots actually profitable?
In general, experienced traders who have harnessed the skills can use crypto trading bots to generate huge profits . On the other hand, traders who make hasty trades and lack explicit knowledge of the market can incur losses using crypto trading bots.
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