The AI Reports

Pionex

What is Pionex?

Pionex is a crypto trading platform that edits lengthy content into automated trading bots. With Pionex, you can automate cryptocurrency trading using advanced AI algorithms, providing convenience and consistent returns. It supports a variety of functions including spot trading, futures trading, and flexible savings, allowing you to manage and grow your crypto assets effectively.

One of the key features of Pionex is its AI-driven tools, such as the futures grid bot, which operates 24/7 to maximize profits in volatile markets. It offers both manual and AI-based strategies to cater to traders with different levels of experience. The platform also emphasizes security by utilizing advanced AI technology to identify and intercept potential risks, ensuring user accounts are well-protected.

Furthermore, Pionex offers a range of functionalities like staking, arbitrage trading, and instant conversions, making it a comprehensive solution for crypto traders. With global services and compliance licenses, it provides a secure and accessible environment for trading cryptocurrencies like Bitcoin and Ethereum.

M. Kooiker

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Pionex use cases

  1. If you are a beginner in cryptocurrency trading with limited experience.
  2. If you’re a seasoned trader looking to automate your trading strategies to save time.
  3. If you’re a financial adviser looking for tools to manage clients’ crypto assets effectively.
  4. If you’re an analyst needing to track and leverage market trends for better trading opportunities.
  5. If you’re a developer desiring to customize trading bots using the platform’s API.

Pionex functionalities

  • Auto-trading 24/7: Auto-trades without monitoring.
  • Spot Trading: Invest in trending assets automatically.
  • Buy Crypto: Purchase instantly with Visa/Mastercard.
  • Demo trading: Practice with demo funds.

Pionex review summary

3.8

Based on 435 reviews online

Pros

Reviewers praise Pionex for its user-friendly design, comprehensive bot selection, low fees, and excellent customer support. Many users appreciate the regular updates, high security, and responsive community.

Cons

Some users report issues with the user interface freezing, difficulties with certain verification processes, and technical support problems. There's also mention of potential scam-like behavior by Pionex staff.

User-Friendly Design

The Pionex platform and app are well-designed and intuitive, making it easy for both beginners and advanced traders to use.

Interface Freezing

Some users experience the app's UI freezing during trades, causing missed opportunities.

First of all I think the website and (Android) app are very well designed and intuitive to use.
Sometimes UI freezes when you are trading and you will miss a good trade.

Comprehensive Bot Selection

Pionex offers a variety of trading bots that cater to different strategies, helping users automate and optimize their trading.

Verification Issues

Users have reported problems with identity verification processes, particularly when trying to withdraw funds.

They have many kinds of different bots, like grid bot, arbitrage bot with very low risk, lending, staking, BTC growth bot, and much more.
To withdraw funds, you have to go through Alchemy Pay which is a total nightmare. They ask me to do identify verification and keep rejecting my documents even though the pictures are large, clear, and show all details.

Low Fees

Pionex is appreciated for its low trading fees, making it cost-effective for frequent traders.

Customer Support Problems

Some users mention delays and issues with customer support, particularly concerning problem resolution.

Lowest fees. 16 trading bots and more crypto then you can shake a tail feather at.
DO NOT USE UNDER ANY CIRCUMSTANCES!!! There are no humans to talk to and all the review sites seem to have a distinct Pro-Chinese bias.

Excellent Customer Support

Users commend Pionex for its responsive customer service and active Telegram community, which provide quick and helpful support.

Scam Allegations

One user reported being asked for a bribe to unlock their frozen funds, raising concerns about potential fraud by Pionex staff.

Customer service experience is second to none. Recommended for my friends.
After giving them all the requested documents, they didn't respond anymore to the appeals... asking for an upfront payment (bribe) to help him release his funds.

High Security

The exchange is noted for its strong security measures, which give users confidence in the safety of their funds.

The security i feel for my money is something unreplaceable.

Pros

Reviewers praise Pionex for its user-friendly design, comprehensive bot selection, low fees, and excellent customer support. Many users appreciate the regular updates, high security, and responsive community.

User-Friendly Design

The Pionex platform and app are well-designed and intuitive, making it easy for both beginners and advanced traders to use.

First of all I think the website and (Android) app are very well designed and intuitive to use.

Comprehensive Bot Selection

Pionex offers a variety of trading bots that cater to different strategies, helping users automate and optimize their trading.

They have many kinds of different bots, like grid bot, arbitrage bot with very low risk, lending, staking, BTC growth bot, and much more.

Low Fees

Pionex is appreciated for its low trading fees, making it cost-effective for frequent traders.

Lowest fees. 16 trading bots and more crypto then you can shake a tail feather at.

Excellent Customer Support

Users commend Pionex for its responsive customer service and active Telegram community, which provide quick and helpful support.

Customer service experience is second to none. Recommended for my friends.

High Security

The exchange is noted for its strong security measures, which give users confidence in the safety of their funds.

The security i feel for my money is something unreplaceable.

Cons

Some users report issues with the user interface freezing, difficulties with certain verification processes, and technical support problems. There's also mention of potential scam-like behavior by Pionex staff.

Interface Freezing

Some users experience the app's UI freezing during trades, causing missed opportunities.

Sometimes UI freezes when you are trading and you will miss a good trade.

Verification Issues

Users have reported problems with identity verification processes, particularly when trying to withdraw funds.

To withdraw funds, you have to go through Alchemy Pay which is a total nightmare. They ask me to do identify verification and keep rejecting my documents even though the pictures are large, clear, and show all details.

Customer Support Problems

Some users mention delays and issues with customer support, particularly concerning problem resolution.

DO NOT USE UNDER ANY CIRCUMSTANCES!!! There are no humans to talk to and all the review sites seem to have a distinct Pro-Chinese bias.

Scam Allegations

One user reported being asked for a bribe to unlock their frozen funds, raising concerns about potential fraud by Pionex staff.

After giving them all the requested documents, they didn't respond anymore to the appeals... asking for an upfront payment (bribe) to help him release his funds.

Pionex user reviews

16/05/2022
My absolute favorite exchange
My absolute favorite exchange. Lowest fees. 16 trading bots and more crypto then you can shake a tail feather at. Staff is amazing and very responsive...
My absolute favorite exchange. Lowest fees. 16 trading bots and more crypto then you can shake a tail feather at. Staff is amazing and very responsive on twitter and telegram as well. 10/10. Seriously I’ve bounced around and ended up back on this exchange haven’t left since. Date of experience:
May 16, 2022
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13/06/2022
G2
Most featured trading app
What do you like best about Pionex?
Well designed. I feel comfortable working on my iPhone, especially when switching between different currencie...
What do you like best about Pionex?
Well designed. I feel comfortable working on my iPhone, especially when switching between different currencies.
It is featured with several auto-trader bots with well-described guides that teach you different trading strategies and let you set your buy and sell parameters. Review collected by and hosted on G2.com.
What do you dislike about Pionex?
Sometimes UI freezes when you are trading and you will miss a good trade. Not sure if it is intentional or a technical issue but so rarely happens.
Bots are so generic and not for advanced traders.
I wish they had provided API for third-party integration. Review collected by and hosted on G2.com.
What problems is Pionex solving and how is that benefiting you?
Pionex is not an exchange itself but a proxy which makes you easily trade your favorite coins from different exchanges all in one place. I don’t know how but they offer zero or near-zero trading fees. Their revenue strategies are mostly focused on their bots. Review collected by and hosted on G2.com.
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17/11/2023
I may get it wrong, but I'm very sa...
It's interesting to see the bad experiences of others with Pionex, where mine are very good. First of all I think the website and (Android) app are ve...
It’s interesting to see the bad experiences of others with Pionex, where mine are very good. First of all I think the website and (Android) app are very well designed and intuitive to use. I use the Pionex API with my own trading bot and all works like a charm. I had triggered the API too much, leading to a ban. This was perfectly/kindly resolved by Pionex through a direct and very responsive Telegram conversation. I can’t judge the Pionex bots as I don’t use those. Withdrawals are no problem at all. Date of experience:
November 17, 2023
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31/07/2022
Best Automated Trading Bot Platform...
I have been using this Exchange app for almost 2 months.
great dedication for weekly updates. greatly liquidity and safety for users' funds.<br /...
I have been using this Exchange app for almost 2 months.
great dedication for weekly updates. greatly liquidity and safety for users’ funds.
also, security is topnotch
And bot trading is no 1 so far in my list. Bots keep updating. Unlike other exchanges, they seriously consider users’ feedback.
if anyone looking for Automate trading this is the place for you
PS: Dual investments are also best.Highest APY & ROI i have ever seen :) Date of experience:
August 01, 2022
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07/03/2022
I have used the Fionex Exchange inâ...
I have used the Fionex Exchange in earnest since 2021.
A number of automatic transaction bots are provided free of charge, and fees are cheaper t...
I have used the Fionex Exchange in earnest since 2021.
A number of automatic transaction bots are provided free of charge, and fees are cheaper than other exchanges.
Above all, I think automatic trading bots can bring a lot of profits from stable and long-term operations regardless of emotional ups and downs when prices soar or fall.
I think I’m very lucky to know the Fionex Exchange.
Thank you. Date of experience:
March 07, 2022
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22/03/2022
This exchange is excellent
This exchange is excellent. Built for beginners and advanced traders both with easy to use native crypto trading bots and a simple interface full of i...
This exchange is excellent. Built for beginners and advanced traders both with easy to use native crypto trading bots and a simple interface full of information and social feed. Also there are many well defined strategies and even copy trading options on the platform. I highly recommend this service for any level of crypto trader.
One thing i would like to recommend would be direct deposit from fiat as a new feature. Date of experience:
March 22, 2022
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08/07/2022
G2
Inexpensive trading experience
What do you like best about Pionex?
I started using Pionex exactly 2 years ago. Back then I was working with other exchanges with high trading fe...
What do you like best about Pionex?
I started using Pionex exactly 2 years ago. Back then I was working with other exchanges with high trading fees but Pionex’s trading fee was extremely low. Review collected by and hosted on G2.com.
What do you dislike about Pionex?
There are a few coins and tokens for future trading and the leverage is between 2x and 3x max. And sometimes when you have a successful trade, It changes your leverage to a lower value. Review collected by and hosted on G2.com.
What problems is Pionex solving and how is that benefiting you?
It solved my problem with high trading fees of other exchanges with its low trading fee. Review collected by and hosted on G2.com.
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Overall

Pionex is a well-regarded platform for both novice and experienced cryptocurrency traders. You will find the platform and app intuitive and user-friendly, loaded with a variety of bots to automate your trading. The low fees and excellent customer support make it an attractive choice. However, you should be prepared for possible issues related to interface freezing and verification processes. There’s also a need to be cautious due to reports of potential scam-like behavior. Overall, the sentiment towards Pionex skews positive, with many satisfied users praising its features and support.

Pionex pricing

Pionex offers a range of crypto trading services that cater to different trading needs and risk management strategies. Here is an overview of the pricing plans and features provided by Pionex:

Basic Plan Pro Plan Premium Plan
Price Free $19.99/month $39.99/month
Monthly Trading Quota Up to $10,000 Up to $100,000 Unlimited
Number of Bots 2 10 Unlimited
Customer Support Standard Priority Premium
Advanced Strategies Basic Advanced Premium

User reviews

There are no reviews yet. Be the first one to write one.

Pionex FAQ

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About the author

M. Kooiker

M. Kooiker

As an experienced online marketeer with a longstanding interest in AI, I've immersed myself in the latest AI advancements in recent years. Passionate about innovation, I actively test AI tools and dedicate myself to guiding users in selecting the right technology. My mission is to connect people with cutting-edge AI solutions.