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Pionex Review

Last Updated on March 20, 2024

James Headshot
Written by
Adam Headshot
Edited by
Pionex logo
4.16
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit Pionex

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Pionex stands out in the cryptocurrency exchange landscape thanks to its distinctive combination of automated trading features, competitive fees, and trader-oriented platform. Additionally, their focus on security and customer support make Pionex an indispensable partner.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Offers built-in trading bots for automated trading
  • Low trading fees compared to many other exchanges
  • Supports a wide range of cryptocurrencies for trading
  • User interface is relatively easy to navigate
  • No fees for depositing cryptocurrencies

Cons

  • Limited information on the team and company background
  • Customer support can be slow to respond
  • Fiat deposits and withdrawals aren't supported
  • The platform may have a learning curve for beginners using bots
  • Limited advanced trading features for professional traders

Quick Summary

Headquarters Location International
Fiat Currencies Supported USD, AUD, GBP, CAD, EUR, NZD + 84 others (some through third party apps)
Total Supported Cryptocurrencies 330+
Trading Fees 0.05%
Deposit Methods Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Apple Pay, AlchemyPay, Banxa, Simplex
Support Facebook, Twitter, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

Pionex has made waves in the digital currency world. Offering a host of special features that cater to novice and expert traders alike, this crypto exchange stands out.

Pionex homepage

This introduction provides an understanding of what makes Pionex distinct in a competitive marketplace of crypto exchanges.

Pionex stands out in the fast-evolving world of cryptocurrency exchanges thanks to its emphasis on automation and ease of use for its clientele. Pionex meets market needs by providing tools that empower investors to navigate complexities associated with cryptocurrency trading with greater confidence.

As the crypto scene matures, Pionex is helping shape an accessible trading environment where automation can serve both newcomers and established investors alike.

About Pionex

Pionex, launched in 2019, quickly made an impactful statement when it announced its focus on automated trading. Specifically, this exchange is known for integrating trading bots which enable users to automate their strategies and potentially enhance trading performance.

Pionex stands as an example of innovation and dedication to making trading simpler for its customers.

Pionex features

Pionex has seen and adjusted to the shifting sands of the crypto economy ever since its establishment, from surging interest in digital assets to an increased need for sophisticated trading tools. Market trends have trended towards automation and efficiency; Pionex remains at the forefront by offering solutions tailored to modern traders’ needs.

Pionex remains responsive and adaptive in an industry constantly shaped by technological innovations and regulatory shifts, continuously optimizing its offerings to respond to innovation, customer expectation and market forces.

Pionex has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Discord, Reddit, Telegram and YouTube.

Pionex has a mobile app on both the Apple App Store and Google Play.

Pionex Supported Cryptocurrencies

Pionex supports trading on over 330 cryptocurrencies on their platform. This exchange currently supports 24 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • USDC (USDC)
  • XRP (XRP)
  • Dogecoin (DOGE)
  • Toncoin (TON)
  • Cardano (ADA)
  • Shiba Inu (SHIB)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Polkadot (DOT)
  • Bitcoin Cash (BCH)
  • Chainlink (LINK)
  • NEAR Protocol (NEAR)
  • Polygon (MATIC)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • Dai (DAI)
  • UNUS SED LEO (LEO)
  • Uniswap (UNI)
  • First Digital USD (FDUSD)
  • Hedera (HBAR)
  • Ethereum Classic (ETC)
  • Stacks (STX)
  • Aptos (APT)
  • Mantle (MNT)
  • Cronos (CRO)

View all cryptocurrencies Pionex supports

  • AAVE
  • ACE
  • ACH
  • ACM
  • ADA
  • AEVO
  • AGIX
  • AI
  • ALCX
  • ALEX
  • ALGO
  • ALICE
  • ALPACA
  • ALPHA
  • ALT
  • AMP
  • ANKR
  • APE
  • API3
  • APT
  • AR
  • ARB
  • ARKM
  • ARPA
  • ASR
  • ATA
  • ATM
  • ATOM
  • AUDIO
  • AVA
  • AVAX
  • AXL
  • AXS
  • BAKE
  • BAL
  • BAND
  • BAR
  • BAT
  • BCH
  • BEL
  • BETA
  • BIGTIME
  • BLUR
  • BLZ
  • BNB
  • BNT
  • BNX
  • BOME
  • BOND
  • BONK
  • BSV
  • BSW
  • BTC
  • BTT
  • BURGER
  • C98
  • CAKE
  • CBK
  • CELO
  • CELR
  • CETUS
  • CFG
  • CFX
  • CHESS
  • CHR
  • CHZ
  • CITY
  • CLV
  • COMP
  • CONV
  • CORE
  • COS
  • COTI
  • CPOOL
  • CREAM
  • CRV
  • CTSI
  • CYBER
  • DAI
  • DAR
  • DASH
  • DATA
  • DCR
  • DEGO
  • DENT
  • DEXE
  • DGB
  • DOGE
  • DOT
  • DUSK
  • DYDX
  • EDU
  • EGLD
  • ENA
  • ENJ
  • ENS
  • EOS
  • EPX
  • ERN
  • ETC
  • ETH
  • ETHFI
  • FARM
  • FERC
  • FET
  • FIDA
  • FIL
  • FIRO
  • FLM
  • FLOKI
  • FLOW
  • FLT
  • FLUX
  • FTM
  • FXS
  • GAL
  • GALA
  • GEAR
  • GF
  • GHST
  • GLMR
  • GMT
  • GMX
  • GNO
  • GNS
  • GRT
  • GTC
  • HARD
  • HBAR
  • HFT
  • HIFI
  • HIGH
  • HOOK
  • ICP
  • ICX
  • ID
  • IDEX
  • IMX
  • INJ
  • IOST
  • IOTA
  • IOTX
  • IQ
  • JASMY
  • JOE
  • JST
  • JTO
  • JUP
  • JUV
  • KAS
  • KAVA
  • KDA
  • KLAY
  • KNC
  • KP3R
  • KSM
  • KYVE
  • LAZIO
  • LBR
  • LDO
  • LEVER
  • LINA
  • LINK
  • LIT
  • LOKA
  • LOOKS
  • LQTY
  • LRC
  • LTC
  • LTO
  • LUNA
  • LUNC
  • MAGIC
  • MANA
  • MANTA
  • MASK
  • MATIC
  • MAV
  • MBL
  • MBOX
  • MDT
  • MEME
  • METIS
  • MICE
  • MINA
  • MKR
  • MOB
  • MOVR
  • MUBI
  • NEAR
  • NEO
  • NEXO
  • NFP
  • NFT
  • NKN
  • NMR
  • NULS
  • OCEAN
  • OG
  • OGN
  • OKB
  • OMG
  • ONDO
  • ONE
  • ONT
  • OOKI
  • OORT
  • OP
  • ORBS
  • ORDI
  • ORN
  • OSMO
  • OXT
  • PAXG
  • PENDLE
  • PEOPLE
  • PEPE
  • PHB
  • PNT
  • POLS
  • PORTO
  • POWR
  • PROM
  • PROS
  • PSG
  • PSTAKE
  • PUNDIX
  • PYR
  • PYTH
  • QI
  • QNT
  • QTUM
  • QUICK
  • RAD
  • RARE
  • RATS
  • RAY
  • RDNT
  • REEF
  • REI
  • RIO
  • RLC
  • RON
  • ROSE
  • RPL
  • RSR
  • RSS3
  • RUNE
  • RVN
  • SAGA
  • SAND
  • SANTOS
  • SATS
  • SCRT
  • SEI
  • SFP
  • SHIB
  • SIS
  • SKL
  • SLERF
  • SLP
  • SNX
  • SOL
  • SOLS
  • SPELL
  • SPURS
  • SSV
  • SSWP
  • STARL
  • STG
  • STMX
  • STORJ
  • STPT
  • STRAX
  • SUI
  • SUPER
  • SUSHI
  • SYN
  • SYS
  • TAO
  • TFUEL
  • THETA
  • TIA
  • TKO
  • TLM
  • TNSR
  • TON
  • TRB
  • TROY
  • TRU
  • TRX
  • TURBO
  • TWT
  • UMA
  • UNFI
  • UNI
  • USDT
  • USTC
  • VET
  • VGX
  • VIB
  • VIDT
  • VITE
  • VOXEL
  • W
  • WAVES
  • WEMIX
  • WEN
  • WIF
  • WIN
  • WLD
  • WNXM
  • WOO
  • WRX
  • XAI
  • XCH
  • XEM
  • XLM
  • XRP
  • XTZ
  • XVS
  • YFI
  • YGG
  • ZBCN
  • ZEC
  • ZEN
  • ZIL
  • ZK
  • ZKF
  • ZRX

Trading Experience

Pionex was designed with traders in mind. Its user-friendly interface makes trading simpler while its automated trading bots accommodate various trading strategies.

No matter your trading experience level or skill set, Pionex provides the tools for an effortless trading experience.

Pionex provides traders with an immersive trading experience shaped by its deep knowledge of trader psychology and market dynamics. This platform aims to streamline trading process by reducing cognitive load on traders while offering automated tools that align with risk appetite and market outlook.

Pionex provides a selection of trading bots – such as the Grid Bot and Future Arbitrage Bot – designed to accommodate various trading styles, from those seeking short-term gains and volatility to long-term steady growth.

Pionex exchange marketing

Pionex Fees

Pionex strives to create an affordable and straightforward fee structure, eliminating expensive subscription fees in favor of an upfront pricing model that caters directly to trader needs, making trading costs easier to comprehend and manageable.

Pionex’s fee model encapsulates this philosophy, as its costs reflect fair and transparent trading ecosystem. By eliminating complicated and hidden fees, Pionex promotes a trading environment in which users can focus on strategy and performance without fearing escalating costs.

The exchange’s fee structure demonstrates its commitment to offering an affordable trading platform that supports the aspirations of its users, from hobbyists to professional traders.

Type Fee
Deposit Fee (Bank Transfer) Not Listed
Deposit Fee (Credit/Debit Card) 3.50% - 4.50%
Trading Fee 0.05%
Withdrawal Fee (Bank Transfer) Not Listed

Pionex supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, they don't charge anything above the standard Bitcoin network fee. Across all the crypto exchanges we've reviewed, the average Bitcoin transaction fee charged is 0.000461 BTC compared to the actual network fee of 0.000207 BTC. This means you are saving 55.18% on Bitcoin transactions by using Pionex instead of other exchanges.

Pionex has a maker/taker fee schedule which you can see below.

VIP Status Spot & Leveraged 30D Trading Volume(BTC) Spot Maker/Taker Leveraged Maker/Taker 0.100%0.100% Futures 30D Trading Volume (USDT) Futures Maker/Taker
Regular VIP > 0 0.050% 0.050% 0.100% / 0.100% > 0 0.020% / 0.050%
VIP 1 ≥15 BTC 0.045% 0.050% 0.090% / 0.090% ≥ 1,000,000 0.015% / 0.045%
VIP 2 ≥ 30 BTC 0.040% 0.050% 0.080% / 0.080% ≥ 5,000,000 0.010% / 0.045%
VIP 3 ≥ 75 BTC 0.035% 0.050% 0.070% / 0.070% ≥ 10,000,000 0.005% / 0.040%
VIP 4 ≥ 120 BTC 0.030% 0.050% 0.060% / 0.060% ≥ 60,000,000 0.005% / 0.040%
VIP 5 ≥ 180 BTC 0.025% 0.050% 0.050% / 0.050% ≥ 100,000,000 0.000% / 0.035%
VIP 6 ≥ 300 BTC 0.020% 0.050% 0.040% / 0.040% ≥ 250,000,000 0.000% / 0.035%
VIP 7 ≥ 750 BTC 0.015% 0.050% 0.030% / 0.030% ≥ 500,000,000 0.000% / 0.030%
VIP 8 ≥ 1500 BTC 0.010% 0.050% 0.020% / 0.020% ≥ 1,000,000,000 0.000% / 0.025%

Security - Is Pionex Safe?

Pionex takes security and regulation very seriously, being registered as a Money Services Business with FinCEN in the US and employing stringent security protocols that safeguard users’ assets.

Pionex’s commitment to regulatory compliance and user security helps strengthen trust among its trading community.

Pionex emphasizes its commitment to security through cutting-edge measures and continuous monitoring of its systems, exceeding regulatory compliance with Money Services Business registration. Pionex uses multilayered protocols from encryption methods to cold storage solutions to safeguard user funds.

Pionex invests in comprehensive security infrastructure to not only safeguard its platform, but also build trader trust as a safe trading haven.

Pionex Customer Support

Customer support at Pionex is of utmost importance; their dedicated team is available around-the-clock to assist customers with any concerns or inquiries, ensuring a smooth trading journey for each and every one of their customers.

Pionex prides itself on responsive communication to ensure maximum customer satisfaction.

Pionex understands the significance of providing exceptional customer support to ensure every user journey is as pleasant and successful as possible. Their customer service team, accessible via channels such as email and live chat functions, demonstrates Pionex’s understanding that quality support can enhance user experiences dramatically.

As market conditions can quickly shift, an exchange’s commitment to responsive and detailed customer service provides its users with peace of mind.

Pionex support

Pionex Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on Pionex

  1. Create Account - Visit the Pionex website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you can deposit using the deposit methods listed below, including some options through third party apps.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay
  • AlchemyPay
  • Banxa
  • Simplex

Pionex Alternatives

Binance logo

Binance

3.27
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
386+

Trading Fees
0.10%

Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 75 others

Visit Binance
Kraken logo

Kraken

3.44
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
244+

Trading Fees
0.08% - 0.40%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

Visit Kraken
OKX logo

OKX

3.58
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
320+

Trading Fees
0.08% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX

Final Thoughts

Pionex stands out for its automated trading bots and user-friendly approach to cryptocurrency trading, making it an attractive option for traders seeking minimal manual oversight in engaging the crypto market.

Pionex plays a pivotal role in digital finance by shaping user experiences and encouraging adoption of cryptocurrency assets. As the industry develops further, platforms like Pionex will likely adapt according to user demands for increased control, efficiency and innovation in trading strategies.

Exchanges that place emphasis on these aspects while offering a secure and welcoming environment could set new standards and build an inclusive digital financial landscape.

Pionex FAQs

Pionex is a cryptocurrency exchange known for its automated trading bots. It is integrated with Binance and Huobi Global, which provides liquidity to its platform.

The exchange is licensed by the U.S. FinCEN’s MSB (Money Services Business), which suggests adherence to certain regulatory standards.

However, like with any online platform, users should perform their own due diligence and review user experiences and security practices before engaging in trading.

To withdraw money from Pionex to your bank account, you typically need to convert your cryptocurrency into a fiat currency that Pionex supports for withdrawal. Then, you can request a withdrawal to your bank account, following the platform’s procedures.

This usually involves verifying your bank details and possibly completing KYC (Know Your Customer) requirements. Make sure to check the withdrawal fees and the expected processing time for bank transfers.

Pionex offers a user-friendly interface and automated trading bots, which can be appealing for beginners. These features might help new users start trading without needing extensive experience in the crypto market.

However, beginners should be cautious, take time to understand how the bots work, and consider any risks involved with trading.

Pionex is available to users in various countries around the globe, and users from Australia can generally register and use the services offered by Pionex. However, it’s important to ensure compliance with local regulations and to be aware of the rules that apply to cryptocurrency trading in your jurisdiction.

Pionex is a real cryptocurrency exchange platform that offers automated trading services. It’s recognized for its trading bots and has been mentioned in various crypto publications and news articles.

As with any platform, users should research and verify its legitimacy through multiple sources before using it.

Pionex provides features that could be beneficial for day trading, such as a range of automated trading bots that can operate round-the-clock, which may suit the fast-paced nature of day trading. Users should be aware of the potential risks and ensure they understand how to use these tools effectively.

There is no standard cost to start using Pionex as it would depend on the individual’s trading strategy and the amount they wish to deposit. Pionex does not charge a fee for depositing funds, but users should consider the minimum deposit requirements if there are any.

Pionex charges trading fees for transactions made on its platform. These fees vary depending on the trade’s size and the type of trading bot used.

It’s important for users to review the fee schedule on Pionex’s website to understand the costs associated with using the service.

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Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: