what's Pionex?

Pionex is a cryptocurrency exchange platform that integrates automated trading bots directly into its trading engine, allowing users to execute strategies like grid trading, dollar-cost averaging (DCA), and arbitrage without needing external tools. Founded in 2019 and headquartered in Singapore, it aggregates liquidity from major exchanges such as Binance and Huobi to provide deep order books and competitive pricing. The platform supports spot trading, futures, and perpetual contracts with leverage up to 100x, emphasizing user-friendly interfaces for both beginners and advanced traders. Key features include 16 free built-in bots that run 24/7, such as the Grid Trading Bot for range-bound markets and the Infinity Grid Bot for trending conditions, which automate buy-low-sell-high actions based on predefined parameters. Pionex maintains transparency through regular Proof of Reserves audits and 100% asset reserves, ensuring user funds are secure and verifiable via Merkle tree updates on its website. It operates globally with a separate compliant version for the US market, supporting over 250 cryptocurrencies and fiat on-ramps in select regions. The platform's low flat trading fees of 0.05% for makers and takers make it cost-effective, and its API integration allows for custom bot development. Pionex focuses on quantitative trading tools inspired by Wall Street strategies, enabling passive income generation through bots while minimizing manual intervention.

Pionex integrated DVAs via StraitsX, simplifying reconciliation and eliminating pooled account issues.