Pionex 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 this company 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. 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.
It 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.
This company is backed by BitUniverse, and invested by prominent Chinese venture capital firms Banyan Capital, Shunwei Capital and Zhenge Capital.
Pionex crypto trading bot
The company's most popular trading tool 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.
Many other leading exchanges tried to copy this crypto trading bot but this chinese firm was the ‘pioneer exchange’ in offering this tool.
You can see this trading bot in action:
Pionex Grid Trading bot helps you to ladder buy while the price drops, and ladder sell while the price surges. With the trading bot, you'll find it a more easier way to HOLD your Bitcoin till $100,000.
How to Start with BTC Grid Trading strategy?
Here is an example: BTC Grid Trading Bot above has been running for 67 days, so far earning $549.51+ (91.59 %) in the process.
Who operates this Cryptocurrency Trading Bot?
Bloomberg reported in September 2020 about the popularity of this 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. Bitcoin.com also wrote about them.
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.
If you want to know more about this company, and learn - How to use their cryptocurrency trading bots which are automated tools that are built to assist a smart investor in implementing his strategy click here.
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