Pionex- Best Trading Bot for Binance
By Space Coast Daily // June 23, 2022
Pionex is a bitcoin exchange that includes sixteen free-trade bots to make it easy for newbies to get began. Pionex makes it simple to link an additional transaction to your cryptocurrency exchanges, so you don’t have to waste time thinking it out. Pionex’s trading costs are incredibly low, at only 0.05 percent per operation, and the market has a large level of funds that it pools from several other markets.
Pionex is a wonderful option for those who are new to trading bots since it is easy to use and entirely free. The trading bot for Binance is profitable when you can configure them properly.
Pionex’s trading bots offer several advantages, including a free opening the account, a consumer interface, sixteen built-in bots, a low 0.05 percent transaction cost
a low 0.05 percent transaction cost, peace of mind knowing that the Pionex has been granted an MSB license by FinCEN, liquidity close to Binance’s headline price, over 120 currencies to trade, and spot trading
Features:
A reasonable trading fee of 0.05 percent is applied to both the supplier and the taker.
16 built-in trading bots are available for free.
The Spot-Futures Arbitrage bot can allow you to earn 15-50 per cent APR while placing your money on the line.
Grid trading bot assists you in investing in stocks in a given price bracket.
Up to 5x leverage is provided by the Collateralized Grid Bot.
To capture fluctuation profit, the Martingale bot uses a DCA buy and a one-time sell approach.
The equilibrium bot assists you in keeping the coins in your control.
The Dollar-Cost Averaging (DCA) Bot makes repeated purchases at periodic intervals to compensate for volatility. The common point in kraken vs Binance is that both are iOS and Android-based and both don’t have wallet options.
Pros
In a given budget range, you can purchase undervalued stocks.
You can use it to deposit or withdraw money from your bank.
Use US dollars to fund your wallet and trade.
This Binance spot-Futures bot allows ordinary investors to earn additional income with low disruption.
Cons
Custom trading tactics are not supported in any way.
Thre are no phone calls for customer service on the platform.
Grid Trading Bot, Probabilistic Bot, Spot-Futures Rebalancing Bot, Asymmetric Bot, Probabilistic Bot, and so on are examples of bots.
Apps for Android and iOS
Binance, Digital asset Global, and Pionex are some of the most popular crypto exchanges.
Price: Free of charge
Trailing Buy Bot, Trailing Sell Bot, Smart Trade Bot, Grid Trading Bot, and many other popular bots are available on the platform. It supports Baidu, Huobi, CoinbasePro, Pionex, FTX, KuCoin, OKEx,Bithumb,Gate.io, Bitinstant, Bittrex,
Pionex is a decentralized cryptocurrency with trading bots built in. You can use 12 various trade bots for no extra charge. These bots help automate your buying approach so that you don’t have to keep an eye on the market all of the time. Pionex offers minimal selling commissions as well as a fully functional smartphone app. Pionex, we believe, would be an excellent good for high, mobile consumers. Click on kraken vs binance to explore the difference.
Ideal For
An investor with a high volume of transactions seeking the best rates
Cryptocurrency traders on the go
Traders with a limited period
Those who want to invest in a low-risk plan
Product Selection at Pionex
Pionex’s major offering is its trading bot selection, which facilitates manual trading via crypto-to-crypto conversions. When specified, a bitcoin trading bot is an automated programme that executes buy and sell orders without the need for manual input.
Pionex now has 18 possibilities for electronic trading bots. Let’s take a look at some of the firm’s most well-liked products.
The Grid trading bot buys an item when the stock hits a certain “low” point and sells when the price reaches a predetermined “high.” This function lets the customer profit from market turmoil constantly.
The leveraged grid bot uses the same strategy as the conventional grid bot, but it also allows you to use margin to boost your returns. Leverage levels now offered include 1.2x, 1.5x, 2x, and 3x.The trailing sell bot was created to appeal to investors who have a propensity to sell too soon in a bull market.
You can use the following sale bot to establish numerous target prices that will rise in value over time. When each goal is met, the bot will sell a predetermined percentage of your assets automatically. This method also reduces the amount of money that can be lost if the market unexpectedly changes direction.
