Is 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.

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How 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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