I am asking if I have 20pounds, which trading bot can I use?
Answer You can use Grid Trading Bot in several pairs with low minimum investment, such as BTS XLM MBTC NEO EOS IOTA TRX ONT XTZ ADA LAMB IOST FTT GT VIDY HT MBTC
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How come I cant find Flow token to withdraw?
I have bought flow token, but when I want to withdraw it, I cant find it Answer Not all token supported for deposit and withdrawal, but we will add more tokens in the futures List of supported deposit/withdrawal BTC USDT…
I can trade Flow but cant buy it and hold it in my wallet?
Answer You can trade flow , and also you can hold FLOW in your pionex wallet. But flow is not yet supported as deposit and withdrawal methods. We will add more tokens in the future to be supported in deposit…
Is there a max amount money to spend on a infinity grid? Or can I invest 1mill if I wanted too?
Answer There’s no limitation to invest using the bot. But you need to be careful of the liquidity, i think 1 million is too much that you will shake the market price. You can enter the market slowly if you…
Please help i created a dca trading bot by accident and now it says starting the bot but it freezes nothing happens.
Answer You can send an email to [email protected] and explain the issues with screenshot provided if possible. Make sure you use your email used as your account .
Does this trading bot sell all your position once it goes below the limit and buy back in when it goes back above it?
Answer No its the reverse, it will buy when the price is decreasing and it will sell when the price is increase. You can learn more about the grid bot here :
Why do I only get 50% of the 8 hours funding as arbittage profit instead of 90%?
Answer If you only run for the first 8 hours, you probably calculate the fees and unrealized profit. The funding you recieve will always be 100%, but keep in mind when opening a position, you “buy” something that would need…
Any reason the APR returns for 7d and 30d are so low these days? Is it just the current condition of the market?
Answer That’s the current condition of the market in the past 3 months. funding fee is relatively small compared to early this year, which you can easily reach 300% APR in most of tokens.
I started the bot on 16/02/2021 on grid bot. Only coin purchase is ADA at 1.44 with starting capital of USDT500. Today 20/4, the total holding I saw was USDT448 at current ADA/USDT rate of 1.182. The breakeven price show is 1.3628. I would like to know under such circumstances, what would you do to cut losses or how to further finetune the bot for lesser loss / improve the breakeven price. Thanks in advance
Answer If you don’t want to sell your ADA and suffer the loss from bot, you can choose “Don’t sell” when closing it. The system will convert the ADA which your bot holding into a tradable amount. You can decide…
Can you explain how Pionex can be a better option for me without my having to activate the trades my self? Advantages if any?
I am currently trading crypto in 2 methods. I have my own personal trader day trading and it has been successful. I currently am profiting 25% per week with my trader. I also use the 1 Click trading system auto-trading…
When the future price is lower than the index price and the shorts pay the longs the funding payment, do we lose money in that scenario or do we collect that way too from being in a long position?
Let’s say we were in a bearish crypto market. Could we steadily lose money every 8 hours? If we could steadily lose money, could you alter the bot to recognize that situation and automatically shutdown? At least give us that…
If the price of the eth goes down around 30 percentage or something like that, will my money be lost? or ıs there any stop?
Answer In arbitrage bot, no you wont have any big loss in case of price decreasing. You’ll probably get -0.01% loss in that movement as long as it is proper move not a evil wick candle. Your position is hedged…
If open btc/usdt Spot-Futures Arbitrage, what is the max time after i can close it ? Can it be 2 weeks or 3 months as well ?
Answer There’s no max time you can close, you can leave it run forever as long as the market still alive and there’s no force majeur happened.
Can you explain the pros and cons of changing the price gap control when setting up the trading bot? What is it and how does it work?
Answer Price gap is gap between the spot market and the index price, if you open with high gap and close with negative gap, you will get profit from this difference. The best trades is to open with high positive…
When I click on release profits, will I be getting USDT equivalent of the principal+profit or the BTC which has been bought ?
Answer No, releasing profit is only to release unused fund kept in the bot, including from profit and from unused reserve fund. It doesnt give back full principle. If you want to get the total bot fund, you can stop…
If the bot sells the coin when it rises, then the gain is realized. If so, what does the “unrealized gain” represent?
Answer Unrealized gain or unrealized profit represents the token’s value compared to its bought. Even if it sell when it rises, if there are still token that being unsold at the higher place, this token will still have “floating value”…
What is the number of grids in an infinity grid bot?
How can i know what will be the quantity of coins per grid before opening the bot? Answer Infinity grid bot doesnt have number of grid, since it is scaling even if the price reach infinity. Infinity works by selling…
Do you have any resources/document where we can find the APRs for each coin or do we have to be logged in to Pionex in order to do this?
Answer You need to log on into Pionex and see the APR inside the platform. Since it provide 180, 30, and 7d APR, the APR is constantly changing by the time. It counts x previous days (180 , 30 ,…
Is it possible to run the trading bot for spot vs QUARTERLY (dated) futures, or can it only be configured to trade spot vs perpetual futures?
Answer The spot-future arbitrage bot only trade in spot market and perpetual contract market, it is not possible to do it against quarterly futures for now.
Do you recommend ETH as the best and safest way to arb?
The chances of any flash crash in ETH would be quite small I imagine?Thanks! Answer Yes it is true, we suggest to use it in BTC and ETH because both is very liquid and more stable funding fee compared to…
Where is the profit listed for the Infinity trading Bot? Does it show when the bot is cancelled? Or is the Infinity Bot like staking?
Answer Profit is held inside the bot. You will gain the profit after the bot is closed. Released profit feature for infinity bot is under development, please stay tune with us.
When doing trades, example: BTC/USDT must the funds in the account be in BTC or must they be in USDT, or either one is ok?
Answer It is reomended to use USDT only so you can easily create the bot. But if you are advance user, you can use mix of BTC and USDT to run the bot, but it need a bit skill to…
Quick question:Are the profits that you made with this bot automatically reinvested in the next arbitrage ? I want to take advantage of compounding.
Answer The compounding feature is not available yet, but it is under our radar! For now, to compound your profit, you can release the profit and add more investment to the running arbitrage bot. You can do this regularly to…
I am running the sol/btc Infitity bot and it has dropped significantly below my lower limit (like by 15-20%) and all sell orders are waiting at each grid level for the price to bounce back, which I believe will happen, would I benefit from
Closing the IBot; not selling sol/btc; and re-running it with a new lower limit if I believe the SOL will outpace BTC from current price and want to enjoy gains over next 15-20% rebound or better off simply holding?Thanks Answer…