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 moreIs Pionex allowed in us?
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 moreIs 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.
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.
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