What mean by correct network?
Answer Each coin have sometimes more then 1 network ..make sure your picking the correct one before sending it or the $$ can be lost some wallets auto configure the network for you .. other’s dont tho
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How to short in pionex? Why is it risky? Isn't it the same thing just the other way around?
Answer You really can’t. There are S tokens. Btc1s or btc2s. That is how you would short but I don’t recommend using them.I mean you can do what you want. However they are very risky. Or You can use margin…
Hi … does the bot actually sells or it just gives you an estimate on closing about PNL? If it it actually sells does it compound the profit or keeps separate ?
Answer It buys and sells within the range that is set. Profit is not compounded and set off to the side. This video shows a buy and sell during the video. Not sure what time it is but it is…
I am a newcomer, I want to withdraw money, it is blocked Can someone explain to me?
Answer Its not blocked, it is still frozen. Frozen means the fund is still used on orders. Stop all the order first before withdrawing
When trading a pair in a grid. Eg ETH/USDT does it make any difference if my initial stake is in USDT or ETH or does it not really matter? Thanks
Answer It matters as the initial investment. For a better and simple calculation, it is easier to read you starting the bot with 1000 usdt instead of 550 usdt + 0.25 eth. Even so, the bot will estimate the eth…
Why is that for bot grid trading most of the coins has a fixed quantity
I believe, the app should let us trade with whatever the amount we have. Unless is it not less than 5 USDT or equivalent. I’m referring to the minimum usdt requited for the bot for grid trading. Answer Yes, its…
Somebody can tell me whats is the benefit of Rebalancing Bot and when is better to use it.
Answer Somebody can tell me whats is the benefit of Rebalancing Bot and when is better to use it. It is for having a multiple token in one portfolio and having the same portion of it all the time Best…
How Can I reduce the loss risk? Is it wise to use reverse leverage Grid along with Margin Grid for a case like ETH/USDT?
Would it give better cover both in case the rice of pair goes up or go down? or I’ll be completely in a wrong track? any opinion on how to cover such a loss risk issue? Answer Yes you can…
Is stop loss mean sell all the token ? And is close bot just mean stop the bot but don't sell anything
Answer Stop-loss and close bot at means to stop the bot and sell all tokens remaining. Close bot at price usually put above the upper price, which in this condition, your tokens hold is already very small. Selling this remaining…
On the infinity grid bot, what is the difference between "close bot at" and "stop loss price" ?
I have an idea but I prefer to double check Answer Close the bot at is similar to take profit , it will close the bot when the price already reach some price , usually at higher price. Meanwhile the…
What do you expect the btc price will be in the future? Also does the bot settings price range still intact ?
Answer We are not having any expectation about token price in the futures, as long as the market still value bitcoin network, there will be a supply and demand which affects the BTC Price. You can do your own research…
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 For compounding bot, there are no auto compounding bot yet, but you can always do it yourself. For example in grid bot, you can release the profit and use the profit to create the bot with same parameters, so…
Does anyone have experience grid trading stable coins for long term APR with unused cash? I’m trying to smooth out a strategy
Answer Yes there are several users trading stable/stable pair. Since it has low risk and some volatility , you can try to catch the movement of stable coin price. But keep in mind to make sure your profit per grid…
Can you please make me understand how the bot would be better than me buying the coin and waiting for it to go higher and selling?
Answer There are several reasons why using trading bots is better than manual trades in some occassions : Trading bot offers a continuous trading 24/7 in which cryptocurrency market is always open without working days. This will help traders screen…
Can there be AI based chart analyzer Cryto trading bot where bot take decision on trend of graphs?
Can anyone with programming/trading experience build/customize it? Answer Unfortunately there are not any programmable bot on Pionex, all the bots already has their configuration and is created to be an easy way for traders to automize their trades with simple…
What is best pairs for trading bot arbitrage? i use now DENT/USDT is good?
Answer The best pairs for trading bot arbitrage is the pair with stable and high funding fee accross the year so you can leave it for long. Spot-Future arbitrage bot is designed to be low risk , in order to…
Hi,When using the bullish trading bot what percentage of holdings does the bot buy when triggered?
Answer The percentage is different depend on your price range and the current price. For example, if you start with the current price is in the middle of your range, it is about 50% portion. But if you start at…
If i start from mBTC so what i do from beginning?because i balance is also 100
Answer If you want to start using Grid Bot in MBTC pair, here’s the step by step how to do it:1. Open Pionex App / Web2. Go to Market, find MBTC Click Create Bot4. Choose the settings, do you want…
There is something I am not understanding. Where do i find the price gap between futures and index price?
Answer You can find the price gap when you try to make the spot-futures arbitrage bot and select the pair. The price gap data is not showing anywhere else besides there . Price gap data is live data, which changes…
Can I Use 2 Trading Bots or more in 1 Chart, Each working different? Could you also explain how
Answer Yes you can use up to 30 bot per pair inside Pionex ! Create several bot with different parameters in one pair depending on your trading plan and strategy. Create the first bot with the parameters. After it already…
A is $250 TO $500 is reasonable to start with as first time user . using AlIs Al decide the pair ?
Answer You can choose your own pair, AI will help you put the variable of the bot with 7d and 30d past data. This will help you to start your first bot while learning how to setup the parameters by…
Is it possible to have the combination BTC/USDT and earn BTC instead of USDT?
That way I can also benefit from the BTC increase on my earnings. Great work on the trading bots! Answer You can use reverse grid bot for notation in Tokens instead of the base pair. In reverse grid bot with…
I waited one week now after starting a spot futures arbitrage bot, but my releasable profit still shows “0”. Can you please explain why?
Answer The profit is still too small to be released, you need to wait a little longer to use the release profit feature for that. But if you want to realized the profit soon, you can option to use “withdraw…
I don’t understand why I never get credited earnings?
Should I close the trading robot as soon as it is positive or the robot puts my odds gains and credits me later? I don’t understand why it’s never a winner? Answer Profit can be transfered using “Release Profit” feature…