Which Pionex bots trade on the spot market?
Answer All pionex bots trade on the spot market, except the spot-futures arbitrage bot which also shorts the future market to get a funding fee
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We want to know the setup process setting for bot
Answer Pionex is world’s 1st exchange designed for cryptocurrency trading bots. Pionex Channel: Useful Trading bot information:1. The Brief Intro of Grid Trading 2.0：/192. Leveraged Grid Tutorial：/203. Margin Grid Tutorial：/214. Reverse Grid Tutorial：/225. Grid Trading Tutorial：/46. Infinity Grids Tutorial：/57. Trailing…
If I close a bot (e.g. ETH/USDT), will it give me my USDT back or ETH remains in my wallet?
Answer When you close the bot, there will a tip to ask whether you wanna sell your ETH inot USDT or not. So you have the option to keep the ETH or convert it to USDT
Profit from arbitrage is kinda slow and the total profit keep fluctuating
Answer Arbitrage bot designed for long term, months and years since it have low risk. Low risk low return, still better than most savings or obligation instrument
Do most of u just let the bot run on for like 30days? Before deciding whether to close it off?
Answer Some people aim for short term bot, some people leaving their bot for months. You can set it up to whatever you prefer
If I don't release the profit in grid bot will it get reinvested back?
Answer No it doesnt reinvested, it just stay there Most Bots are made for a typical Scenario (Bullis, Bearish, Sideways) But Market changes and so does the Scenario. So a Bullish Bot looses money in a Bearish Scenario. There is…
New to bot trading, that's how it works here?
Answer To use grid you have to have the minimum trade bases FibonacciTo understand the direction of the coin and not read the chart like blinds, I don’t use it anymore, my head does it automatically Bollinger Bands Helps to…
Is there any effect when using leveraged bots in the long term?
Its same like grid bot ? Any more fee or any effect? Answer When using leverage, you have to pay a fee to borrow that money. However, your results are also leveraged so you get a higher return aswell. What…
What is Bitsgap future bot?
Answer Bitsgap is just another trading platform which offers a wide range of services such as signals, bots, trading, and also portofolio management. At pionex here, we focus on what we do best which is to create the most intuitive…
Hello everyone, does anybody knows what is the correct network to deposit USDT on pionex from Coinbase? Thanks
Tether (USDT) is a stablecoin available on several blockchains that aims to maintain the same value as the US dollar. The company behind Tether, Tether Limited, claims to hold reserves that fully back each USDT. As of 2021, USDT is…
Does pionex plan on showing rebalancing performance vs holding the initial coin ?
Answer At the moment there are no plans to add that feature. However, if there are a lot of demands for it we will consider adding it in the future!
How the liquidation price is calculated? It is the price that the loan cannot be repaid?
Answer Liquidation price or percentage is the point at which the loss incured is equal to your capital. in a leverage trade the borrowed funds just increases your margin however when you are in a losing trade the borrowed funds…
Can Pionex DCA bot sell coins automatically ?
Answer No, the DCA bot’s purpose is to accumulate coins at a steady pace, as the name says, it’s a dollar cost averaging bot used to dollar cost average buy the coins of your choice. If you want to sell…
Is there an Indonesian community in Pionex?
Answer Pionex does have a large Indonesian community with their own admins and community manager. You can join our Indonesian community using this telegram link
There is a new coin called ccdoge which is going’s to be released in about 24h, In the official website they asked me for a BSC address and I submitted the one given in my Pionex account. I would like to know how can I manage it when it’s on my BSC balance. Will pionex add ccdoge to the currency list?
Answer We have no plans so far to support ccdoge, because of that its not possible to manage it using Pionex. Better use your own bsc wallet address. For airdrops like these, it’s better if you create a private BSC…
Does Pionex have a turkish community? If yes, where can i Join it?
Answer Yes we do! We have a telegram channel for discussion and support purposes. You can join Pionex turkish community telegram channel using this link
To get market maker benefit, i need desposit 300k or trade a volume of 300k in a month?
Answer To apply for the market maker program you need to deposit $300.000 worth of cryptocurrency into your account. To retain the benefits of the market maker fee discount, you need to retain an average daily trading volume of over…
What is best btc bot to start with? Low risk, constant profits?
Answer Pionex provides a wide range of trading bots for users, for a low risk and constant profits the arbitrage bot is a go to bot. your trades are hedged in the market and you get to farm profits from…
After the deposit what next? What to do after depositing money on pionex
Answer After deposit what is next is trading and making money. pionex provides users with 12+ trading bots that fits any strategy . after making deposit you can use any of these trading bots for free.
Is there a bot that "takes Profits" and compounds the onvestment?
Answer Currently pionex isnt providing such feauture yet however with bots like the arbitrage bot you can realease your profits and re invest in which is litterally doing the same thing as compounding, you can close bot thats in profit…
How do you even trade futures now? I think im blind, but i miss the futures tab on the mobile app
Answer Futures trading can no more be done on the pionext exchange this feature has been removed from the platform to protect users from the market. thats the more reason you cant find the futures menu on the pionex app
Why is it the grid bot profit is so much lower than if we hodl the coin??
For a 2x coin price(200%) , grid bot only earn 40% . Why?? How?? Answer Hodl may give more profits and also provide more risk compareed to grid bot. this is because hodling exposes all your asset to the market…
With the status that my robot is activated, do I only receive the profit of the robot transactions? Or if Atrium has a price increase, will I make a profit?
Answer Once your bot is activated , if there is an increase in asset price if you are in a long postion , your trade will start to earn profits , also if its in a grid bot , the…
What is the best bitcoin/cryptocurrency trading software? Is cloud mining legitimate and profitable?
Ansewr Pionex crypto currency exchange is by far one of the best innovative and competitive crypto platform out there. with about 12+ trading bots pionex positions itself as the first innovative exchange that provides FREE trading bots. Trading on pionex…