Pionex is a cryptocurrency exchange and automated trading bot platform designed for users seeking free, automated crypto trading solutions. Founded in 2019 and headquartered in Princeton, New Jersey, Pionex holds an MSB license in the U.S. and Singapore, ensuring regulatory compliance. The platform aggregates liquidity from Binance and Huobi, offering 300+ cryptocurrencies and 14+ trading bots.
Key Features
- Automated Trading Bots: 14+ free bots, including Grid, Arbitrage, and Martingale strategies.
- Low Fees: 0.05% spot trading fees (maker/taker).
- Mobile App: Trade on-the-go with iOS/Android support.
Pionex Review: Our Opinion
Pionex excels for users interested in automated trading, but its complexity may deter beginners. Advanced traders seeking manual tools might find it limiting.
👉 Explore Pionex’s trading bots
Unique Features
1. Trading Bots
- Grid Bot: Executes "buy low, sell high" strategies 24/7.
- Arbitrage Bot: Annual returns of 5–50% via hedging.
- Rebalancing Bot: Maintains portfolio ratios automatically.
2. Mobile App
- Access all bots and demo accounts for strategy testing.
Cryptocurrencies & Fees
Supported Assets
379+ cryptos, including BTC, ETH, and stablecoins.
Fee Structure
- Spot Trading: 0.05% (maker/taker).
- VIP Tiers: Reduced fees (e.g., 0.01% for VIP8).
- Withdrawal Fees: Vary by asset (e.g., 0.004 BTC for Bitcoin).
Security & Compliance
- FinCEN Licensed: Complies with AML/CTF regulations.
- KYC Required: Mandatory identity verification.
- Funds Stored: On Binance/Huobi (third-party risk exists).
FAQs
Is Pionex safe?
Yes, but funds are held on third-party exchanges (Binance/Huobi).
Can beginners use Pionex?
Not recommended due to complex bot interfaces.
What’s the minimum deposit?
No minimum; fees apply per transaction.
Final Verdict
Pionex is ideal for automated trading enthusiasts but falls short for manual traders. Its low fees and bot diversity stand out, but beginners should approach cautiously.