Pionex Review: An Unbiased Crypto Bot Analysis

Pionex is a trading robot for opening and closing orders on the market automatically. The presentation provides us with information about features and usability in general. The devs claimed that we will never miss any fluctuation and that we can catch every tiny profit with the automated trading bot. We can get a demo copy of the robot providing the owners with a possibility of checking the system and its settings. 

First Pionex quick summary

Upsides	Downsides
Affordable pricing	No team revealed
The system was released three years ago	No settings and strategies list provided
	No trading results shown

Platform Reliability:	3/5
Pricing:	2/5
Ease of Investment:	3/5
Customer Support:	3/5
Exchanges Supported:	3/5

What is Pionex?

Pionex is a crypto bot for working on the crypto market. It manages orders completely automatically, allowing us not to babysit the robot. It will trade 24/7. The devs insisted that the bot works safely for 959 days. This data hasn’t changed for months. There is no proof of this at all. 

How does Pionex generate profits?

We have systemized the most useful information in the following list. 

• The bot can cover us with automatic orders execution. 
• The system knows where’s the right time to buy or to sell. 
• It can provide us with more Bitcoin than HODL.
• It’s able to get more coins from the rough market moves. 
• There’s an arbitrage strategy on the board. 
• The system checks for those opportunities during volatile periods. 
• The APR can be 15-50% with low risks.
• The system has a bit that works with a Grid of orders to make more profits. 
• This strategy is risky and there’s no mention of it. 
• It has a feature that is based on an arbitrage strategy. 
• We have a claim that a Grid is the best strategy for Bitcoin.
• There are over 16 strategies applied to the robots. 
• It is consistently updated to keep it in touch with the market. 
• The upgrade took six hours.
• There a Solana upgrade occurred. 
• We can work with 0.05% fees. 
• The system works with a price range. 
• This solution will be working 24/7 for us on the market. 
• We can trade on the Futures market which is powered by Binance broker system, to earn interests (funding fee) every 8 hours.
• We should have over $50 on the balance to get started. 
• It works with crypto deposits only. 
• We can work in a highly volatile market with medium risks.
• It’s possible to grow or lose 20% daily. The devs claimed it’s okay, but we are sure it’s a disaster.
• Our orders can be leveraged 125 times. 
• The profit with arbitrage can be 15-50% APR. 
• It’s possible to trade futures like spot trading. 
• Funding rate analyzes those contracts by exchanges to ensure that the future prices converge.
• As a result, the long positions are more desirable to be kept because traders with long positions need to pay funding rates to those who have a short position.
• Arbitrage works in the following way: we may hold a short position in the perpetual futures market . At the same time, we can buy the same amount in the spot market, hedging the total investment. 
• This allows us not to care about the market fluctuation anymore because our position is  market-neutral but we receive funding rates with our short position in the perpetual futures contracts.

Safety and security

The system has an average level of safety. It works through API keys. At the same time, it works with a risky Grid of orders strategy. 

How Pionex’s pricing works

The fees are 0.05% for transactions. 

Available exchanges

We can work through various exchanges like Binance, Kraken, Coinbase Pro, and others. 

How long has Pionex been in business?

• The service is available for at least a year. The owners founded a company – Pionex PTE LTD.
• We don’t have this information proved. 

How to get started with Pionex?

The devs claimed that minimum investment can be $20 or $50. 

Customer support

The developers can answer our questions via email within half a day or so.