If you’re into crypto trading, you know that Pionex is one of the pioneers (no pun intended) of effective exchange using trading bots.
Apart from that, the platform is famous for its relatively low fees and its beginner-friendly nature that beckons you to test it right away. How good is it in practice?
In this Pionex review, we aim to answer this exact question. Let’s see what’s on the table.
Pionex Review Overview
If you want simple, yet effective trading aided by its many trading bots, Pionex is exactly what you need.
We recommend this platform as it offers a wealth of advantages and only minor shortcomings.
Pionex has plentiful features to aid your crypto exchange. Having tested this platform extensively, we’re ready to discuss our experience.
Supported Cryptocurrencies
One thing we like is Pionex’s support for many, and we really think MANY cryptocurrencies.
You’ll be able to trade and exchange Ethereum, Bitcoin, Dogecoin, and at least 370 more.
Another perk is Pionex’s variety, as it supports older and newer coins, which helps with the overall versatility.
If we compare Pionex to Binance, one of the largest crypto-trading platforms, it offers roughly the same number of coins.
However, Pionex trumps Coinbase which offers just around 240 cryptocurrencies to work with. Overall, Pionex won’t disappoint even the most meticulous crypto traders.
Trading Bots
Pionex is at its strongest when it comes to automated trading. This is why it’s so ideal for beginners and those who want hassle-free trading.
In 2025, it offers 16 amazing bots to consider, all without fees and other convolutions that would complicate things. In other words, they’re free to use!
We think this is awesome if you’re busy and can’t scour the market 24/7 to seek new opportunities. Some of its well-known bots include:
DCA bot
Leveraged Grid bot
Grid Trading bot
TWAP bot
Signal bot
Reverse Grid bot
Arbitrage bot
Rebalancing bot, and many more…
The most popular and best Pionex’s bot is the Arbitrage bot. We loved using it for targeting futures and spot markets while keeping the risk low and APR high.
In our Pionex test, we also had ample time with the DCA bot, which invests the given amount of funds in the given interval.
For example, you can invest $5 every hour, 10 minutes, or even a day. For the simplest trading strategy, you can use the Grid Trading bot, which aims to buy low and sell high for the most profit.
This is handy if you can’t keep up with the ever-present market fluctuations and capitalize on these changes.
The Grid Trading bot will do the monitoring and investing for you. It’s good to know that its bots can do future and spot trading, depending on your preferences.
Some people spot-trade and buy crypto at their current prices. Conversely, some bet on the future price, both of which can be realized with Pionex.
Another interesting option is the Rebalancing bot. We used it for trading multiple coins at once.
You can use it by indexing the coins you want and letting the bot balance your portfolio quickly. We won’t go too deep into each crypto-trading bot because Pionex offers ample and they’re fully customizable.
We’ll just say that you won’t have any problem finding the one to fit your needs.
Bear in mind that Pionex’s bots are used for future trading, while spot trading is done manually. After all, you’re the one deciding when to buy or sell crypto and at which current value.
PionexGPT is an advanced AI-based tool to help you personalize your trading strategy.
It lets you describe the strategy you want to use, which can then be fine-tuned to fit your needs with the help of PionexGPT.
That way, you can craft bespoke strategies and tactics to leverage the market and get the most out of it.
The entire process is extremely simple because PionexGPT behaves like ChatGPT. You begin by selecting one of the 9 strategies you want to create. As you can see, we went with the Momentum strategy.
After this, PionexGPT created the required parameters in about 5 seconds, which we later tested and it worked as expected.
Of course, you don’t have to select any of the 9 strategies. Instead, you can type in whatever you want and initiate the session to explain what you want better.
We think this is one of the best features of Pionex, as it lets you fully utilize its power as one of the most versatile crypto-trading services.
Staking
Pionex offers crypto staking, which worked pretty well in our Pionex review. It’s a way to earn rewards by holding onto your coins.
You can stake several cryptos, including Ethereum. Once you open the Staking menu, simply lock your coins and get clear-cut income for a fee.
Pionex utilizes Curve or Lido protocols and lets you choose from a few periods. Staking can be flexible but also set to 30, 90, or 180 days.
Each option differs in interest rate, which goes from 2.47% to 3.37%. Now, Pionex supports staking for a limited number of coins – in particular, USDT and ETH, which isn’t the best compared to many of its competitors.
Pionex Trading Fees
We think Pionex is more than competitive in terms of fees. However, they differ based on the trading type you’re in. Spot market trading has a tiny 0.05% fee for both makers and takers.
Futures market trading’s maker fee is 0.02%, while the taker’s fee is set at 0.05%.
Leveraged market trading fees are slightly higher at 0.1% for makers and takers.
Other fees include the withdrawal fees that depend on the used blockchain and the type of cryptocurrency. The great thing is that the deposit fee is 0%, ensuring everything you deposit ends up in your account.
Many people wonder if Pionex is a legitimate platform and whether it’s safe and secure.
Well, the platform has been around since 2019 and quickly rose to be one of the biggest bot-assisted crypto trading platforms. After doing a bit of research, we found some pretty impressive stuff about it.
For example, FinCEN authorized Pionex as an MSB or Money Services Business, which reassures its status as a trustworthy and legitimate company.
Pionex is also available in almost all US states – 48, to be precise – all of which can trade crypto safely and without issues.
Its security is further bolstered by advanced account-protection measures. There’s the KYC or Know Your Customer verification, which requires government-issued documents before you can withdraw your money.
We also love the 2FA inclusion, further preventing unauthorized access. Pionex even offers almost a dozen tips to further secure your account, which is always handy.
Other features include AES encryption, firewall protection, and high liquidity for the highest level of privacy.
Speaking of liquidity, it’s worth knowing that Pionex relies on Binance as one of the top exchange platforms, which means quick and effortless crypto conversion.
Pionex Apps & Ease of Use
Many trading platforms limit themselves to web-based apps but not Pionex. Its web-based app or better said, website, is more than intuitive and with easy-to-reach trading bots.
All you have to do is go to your dashboard and select the type of trading you want. From here, you can access trading bots.
All of them are on the right-hand side and you can access them immediately. We also want to mention the ease of buying crypto.
Simply enter the amount of money you want to spend and which coin you want from USDT, BTC, or ETH. After that, choose the payment method, and you’re done.
The same goes for its mobile apps available for Android and iOS. They’re extremely intuitive and let you trade on the fly.
Its apps support all of the features of the desktop version, making all bots easily accessible. After all, Pionex has one of the best apps for mobile crypto trading.
It’s highly rated on the Apple Store and Google Play for convenience, ease of use, and snappiness. Finally, we’ll mention demo trading that you can enjoy both on the fly and on your PC.
You can practice trading Ethereum and Bitcoin until you deposit real money and start your exchange journey.
Depositing and withdrawing money can be done using:
Credit cards like VISA and Mastercard
Google Pay & Apple Pay
Bank transfers (EUR, BRL, GBP)
Simplex, Banxa, AlchemyPay, …
Deposits are instant while withdrawals require a bit of patience. You’ll first need to verify your identity through the KYC process.
Without verification, you can’t withdraw anything. The first verification level, also known as KYC Level 1, lets you withdraw up to 20,000 USDT.
The highest Level 2 “limits” you to 1,000,000 USDT. Withdrawal times also vary based on the coin but on average, you can expect them to be a few business days – usually up to five.
That said, it won’t be long before you can see the fruits of your labor reflected in your bank account/crypto wallet.
Customer Support
This trading platform’s support is top-tier. You can rely on email support most of the time but there’s also live chat support.
It doesn’t work 24 hours a day but at least it’s there Monday to Sunday from 8 am to 9.30 pm. The bad thing in all of this is the lack of phone support. That would’ve been welcome.
Pionex Review: The Conclusion
Pionex ends up on our “Recommended” list as one of the best-rated crypto-trading services.
With its 16 powerful bots, lots of supported crypto coins, and highly competitive fees, Pionex is great for both experienced and beginner traders. What about its shortcomings?
There are just a few. We’d like to see more staking options and slightly better customer support.
Our team would also like more fiat currency payment options for bank transfers, as Pionex supports only BRL, GBP, and EUR. These are, however, tiny nitpicks in a sea of juicy benefits the platform offers.
Marcus is a cybersecurity analyst with a focus on VPN and proxy services. As the founder and driving force behind a prominent VPN and proxy website, Private Proxy Guide, Marcus has emerged as a trusted authority in the digital realm. With a passion for staying ahead of evolving cyber threats, he has played a pivotal role in educating and empowering individuals and businesses to safeguard their online presence.
