The international Pionex cryptocurrency exchange has been one of the fastest growing trading platforms in Asia in 2020 and it is now set to capture even more of the global market in 2021. What makes Pionex so popular is the trustworthy team of professionals behind it and the top notch automated trading tools that it offers for free to all clients.
A Professional Crypto Exchange You Can Trust
With so many platforms, exchanges and protocols competing for your crypto these days it can be hard to know which to choose. The number one principle that should guide you is to find a company you can trust, and one of the best options for that is Pionex. It has around 100,000 users and it is one of the biggest Binance brokers while it aggregate liquidity from Huobi Global at the same time.
Pionex already has a U.S. MSB license and is pending for a Singapore MAS license. It never issued its own token like other exchanges and it is more likely to reach NASDAQ with an IPO than just pull another ICO. Pionex is backed by BitUniverse, and invested by prominent Chinese venture capital firms Banyan Capital, Shunwei Capital and Zhenge Capital.
In September 2020, Bloomberg reported about the popularity of Pionex’s trading bots and mentioned that it has a team of around 80 people, most of whom are developers with experience from leading Chinese tech firms such as Cheetah Mobile, Alibaba Group and Baidu. Its Global CEO, Daniel Seng-Cheng YEO, has more than 30 years of experience in the finance industry, with Hong Kong SFC Securities Qualification Paper 1 RO for type 2 license.
Get Free Built-in Trading Bots Only on Pionex
Unlike some popular exchanges that only focus on short term gains for themselves, Pionex’s approach is to help their clients earn and keep as much as they can in the long term. This is evident as Pionex doesn’t try to push risky highly leveraged trading products on clients, instead encouraging them to limit leverage and think as investors not gamblers.
This approach is also evident in the trading bots that Pionex offer. These are not not meant to be similar at all to most advertised trading bots, they don’t promise to be money printing AI algorithms that will give you huge returns and in reality just lose all your funds. Pionex’s trading bots are automated tools that are built to assist a smart investor in implementing his strategy. In total Pionex offers a dozen trading bots, each built for a different market and different situation.
The first bot, and also the most popular one, is the Grid Trading Bot. Grid Trading is the strategy that has been used in the forex market and it basically helps traders to buy low and sell high in a specific price range. This bot is very suitable for the highly volatile crypto market as it can help investors to avoid the psychological pitfalls that make all human traders panic sell and fomo buy. The popularity of the Grid Trading Bot on Pionex has made many other leading exchanges try to copy it and offer their own version, but Pionex was the ‘pioneer exchange’ in offering this tool.
To learn how you can use it read Pionex’s recent blog post – The Best Bitcoin Trading Strategy For Newbies in 2021 – or watch the following video guide:
This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Source : Bitcoin