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…
Category Uncategorized
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Answer If you trade assets on pionex that arent available to be withdrawn doesnt mean you are stuck with pionex .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.…
Why does the profit of this grid bot gets deducted from your capital even wen the bot is running.
Can someone explain to me pls,I have noticed that your capital adds back wen the coin increases Answer The grid profits is the realized profits from the buy and sell made by the bot, from this profits is where some…
I have a eth/btc short here that has gone beyond the range (I actually have an opposite long which is in profit, so i don't mind).
I would like to close this position, instead of just letting it accrue interest. Is there a way so I can return the coins I borrowed (ie add more collateral), without having to sell anything and realize the loss Answer…
Hello admin i would like to give some suggestion for dual coin rebalancing instead need to use usdt we can use any current coin that we hold so we wont miss the bull market
It will be a great help of all the bots can do the same use the current coin then rebalance it. It will super cool And easy way to entry incase it is a bull run or bear market And…
Is there a way to export trading history from the Pionex app or web?
Answer Yes there is a way to extract your trading history , Pionex believes this file will be imprtant to most users so they make it available upon request . by going to the account menu on the app then…
When will Pionex introduce compounding bots? I want a bot that pays me in my token instead of cash. Is margin grid bot the only one that will do it?
Answer Compounding bots have been requested many times and pionex development team is working hard towards that. sooner or later compounding bots would be here. for the mean time you have 12+ bots to choose from.
If I have a coin but have no any bots running how can I set stop limit order to sell below my entry point? Trailing sell seems to be designed to fix profits only, not losses.
Answer If you have a coin that is not running in a bot this mean its in a manual trade . and setting a limit price below your entry means you would like to cut your losses. to do this…
When is it best to buy eth? 2950 is ok?
Answer One of the best quote in investing is if you cant hold for ten years dont consider buying. i know its hard for most people but if you are going to buy for the long term considering how crypto…
hey. I was wondering if anyone could help me out with how to set up a bot that just goes between two values. Using the Grid bot to do this seems to only make use of
Answer If you are setting a grid bot and want majority of your assets in the trade it means your entry price has to be the lower limit. in that case there wont be any usdt saved to buy at…
Which currency do you indicate to who is starting on the grid?
Answer For beginners starting a grid bot can be very daunting and emotional. you want to get it right most often than not. its always best to go for an asset thats less volatile. there is nothing like less volatile…
Do you make good profit with less than 10 grids with say 0.5% if you don't have much capital?
Answer The challenge with wide grid is the no. of transactions thats likely to happen in such a wide range. if there are a lot of transactions based on the volatility of the asset then you can earn. but realistically…
What are the most profitable settings you guys have found for your bots. I’m looking to set one up just for volitility
Answer Pionex provides users a lot of trading bot options therefore what strategy one uses might not well suit another ,Its therefore best for one to create their own strategy and settings. for volatile coins, mid cap coins have seen…
Hello, what would be an ideal settings for an infinity grid bot for ADA/USDT pair?
Answer Inifitnity bots is one of the easiests of bots to set up. all you need is the lowest price to which your analysis tells you price is likely to go. you then use this price as your lower limit…
Can i change grid range without stopping bot like kucoin?
Also is there a limit on grid bots? How many bots I can run? Answer Changing the grid setting while the bot is running is currently not possible on pionex however the development team has this in the pipeline and…