Does anyone have a guide on setting up and using Pionex rebalancing bots?
Answer There is a guide on Pionex. Please see this link and I do believe that it will help you understand a bit more. There are also guids on YouTube as well.
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Does Trigger Price settings means the bot will start after market price reaches my set price?
Answer Correct. If you want to start a bot at a certain price you can set a trigger price. When the market price hits that trigger price that is when your bot will start. If it does not hit the…
What are the trading fees when converting bask to USDT?
Answer They are just normal trading fees. You will have a .05% trading fee. So when converting anything as a buy or sell you will have that trading fee on your order.
What is another good exchange to use in the US like Pionex that I can trade futures and maybe has leverage or margin trading? but mainly futures…. anybody?
Answer For US Citizen I do not believe there are too many exchanges that you can trade futures with. There are other exchanges but I do not know of any for US Citizens.
Trying to set my first bot on xrp have like 50 dollars to try the bot should I try 0.82 low and high 1.65 ?
Answer This is a great idea and I believe that will be a great idea. Make sure you check how many grids you have and make sure that you are able to use that for setting it up with your…
Guys what is the withdrawl fees of the USDT from pionex wallet to external wallet?
Answer It all depends on how you are wanting to withdraw. TRC20 has a 1usdt fee. ERC20 will have a 10usdt fee. BEP20(BSC) will have an .8 usdt fee. HECO will have a .1usdt fee.
Is there a way to use USDT in reverse grid trading?
Looks like i have to convert it first to the other coin in the pair. Answer You will need to convert it first in order to use the reverse grid. Reverse grids use the coin to pay the transaction fees.…
Which bot have compounding effect? Spot or future arbitrage have?
Answer There isn’t a bot that has compounding effect. They all will keep your initial investment the same the entire time you have your bot running. In order to compound investments you will need to stop the bot and then…
I'm intrigued to try the Dual-balancing bot but I can't see it as an option.
This link states it should be below “Arbitrage Bot” but I don’t have any Dual-balancing bot displayed below that. I don’t see this option. I’ve got Grid, Arbitrage, Leveraged, Margin, Reverse, Leveraged Reverse, Infinity, Smart Trade, Trailing Sell, Trailing Buy,…
How to trade 10x long on coin ? I cant found where to make order
Answer Pionex no longer supports trading of this kind. I believe you are referring to futures trading and we at one point did have it the API was unable to execute orders correctly and was having trouble with trades. Margin…
Hi, i want ask about infinity grid trading, if coin price lower than bot lower limit. will the bot stop loss?
Answer If you are running an infinity gird the only way the bot will stop is if you are using a stop loss. If you do not have a stop loss set, then the bot will continue to run until…
I keep getting this text in my futures part since 2 days ago and can’t make any market/limit orders. It’s just in futures, spot works like normal
Answer Pionex has diabled the ability for our customers to use futures trading at this time. The API was not stable and caused several problems with our customers. We are wanting to give you the best trading expirence and the…
What this means (7D Apr 5%)? Is it mean that after 7 Days the depsoit may increase by 5 percent?
Answer No, that is what many people think, however what it is really explaining is that if you were to create the bot 7 days ago, based on back testing, you would have had a 5% increase on your investment.…
If I convert 1000 usdt to a coin,I pay 50 cents commission, right ?
And then if I convert back my coin to 1000 USDT, I pay 50 cents again So in a wayIn a 2 way trade, it’s equivalent to 1$ for 1000$ 2 way trade. So it’s like 0.1% A grid bot…
If I set trigger price in grid bot, does it mean it will only buy when it hits the trigger price?
Answer If you are starting a bot and you set a trigger price then you will not have a bot running. No buys, no sells. UNTIL the market price hits the trigger price. Once the trigger price has been triggered…
How can I stop the bot if my initial target profit was for example USD10000 and the target is achieved. Will the "Take Profit" parameter if enabled help me to do that or not?
Answer I believe you will need to keep watching for your profit. However you can use the Take Profit function for a good idea for where you would like the bot to stop. If you want your initial investment to…
I have USDT in my Pionex wallet. I would like to use Reverse grid bot but i’ve got to have BTC. How can I do to transform my USDT in BTC?
Answer Please go to manual trading. The click on BTC and buy BTC. Once you do this you will be able to start the reverse grid and continue with your bots.
Greetings, when a bot stops without having performed any operation, do they charge you commission?
Answer No. Pionex charges .05% as a trading fee. If the bot stops and does not have any trades then there is no way that there will be a fee charged. The bots are built into the exchange and they…
I suggest create wide-range grid bot with top cap coin and just forget about it, reopen it 1 year later.
Answer This is actually the idea behind out Moon Bots. Super wide range and up to 500 grids! This bot takes the idea of worrying about the psycological side or FOMO out of any trades that you might have.
Does pionex frequently run into website and API related issues?
Answer Not at all, however we do have miniscule problems from time to time, especially if the exhcange API’s are overloaded or there is a spike in user activity that’s off the charts. You can be assured that technical problems…
Those coins that aren't available for withdrawal if you trade those and want to withdraw they'll have to be stuck in the exchange until further ado?
Answer If you trade assets on pionex that arent available to be withdrawn doesnt mean you are stuck with pionex . you can easily convert to assets like usdt , ltc , xrp etc where you can easily make your…
I like to use the infinity grid but I am afraid to put the same amoun on a coin I barely know (XEC) why have you choosed to bet on this one ?
Answer Doing your own research is part of the trading game, its okay to look up to what others are doing and possibly copy them however in doing so you have to do your own research on the asset you…
Does RB bot , lock your profits? When rebalancing right? 3.18% of your profits are already locked right?
Answer Rebalance bot is a modified hodling strategy. to take profits from your hodling assets you would have to manually close them. rebalance bot only helps you keep the weight of your basket of assets equal so if one assets…
Why would a trading bot not give me profits as it passes the sell orders? I've made about 70$ but I had to manually cancel my bots
500$ accounts on 3 different bots was trying to use 150 grids but got as close as I could. Range would be like 300-5k for eth. And same idea for the other ones. But as it passed my sell lines.…