Pionex: honest review, reviews and exposure of fraud

The cryptocurrency exchange Pionex provides quality services and a variety of tools for convenient work on the platform. The company claims to be one of the leading global crypto exchanges, offering 16 free trading bots for users. The exchange has been operating for more than 5 years, but the exact date of its founding is not specified. According to the company, it is trusted by over 5 million users.

The platform has an official website with the main domain:

• www.pionex.com - the company's presentation site;
• t.me/Pionexen - Telegram channel.

Last year, the Pionex exchange received an MSB (Money Services Business) license from FinCEN, the American regulator, which confirms its official recognition as a financial services provider. This gives the platform the right to provide certain financial services in the United States and complies with legal requirements for such operations. The company reports that its services are available worldwide, and it has obtained the necessary licenses in Europe and other regions. However, copies of these licenses are not presented on the platform.

For support, users can contact via email, social networks, and messengers.

Cryptocurrencies and trading on the exchange “Pionex”

The Pionex exchange offers users a wide selection of electronic currencies, providing access to more than 430 cryptocurrencies and over 500 trading pairs. The platform features popular cryptocurrencies such as:

• BTC;
• ETH;
• BNB;
• SOL;
• MATIC;
• XRP;
• DOGE;
• SHIB;
• DOT.

In addition, “Pionex” offers the opportunity to trade fiat currencies on the spot market, which expands the options for users interested in using traditional currencies in trading.

Cryptocurrency exchange Pionex: features

To create an account on the “Pionex” platform, you need to provide an email or phone number and create a strong password to protect the account. After registration, users undergo KYC verification, which includes a basic identity check.

The platform offers a wide range of services, including:

• spot trading;
• futures contracts;
• demo trading;
• arbitrage;
• savings.

One of the features is grid trading on futures, an automatic trading bot that operates 24/7. Investing can start with 10 USDT, while the platform supports a wide range of futures grids.

For those interested in incentives, Pionex offers a discount program. Users can invite friends and receive a bonus of 50% of their trading fees if the invited users deposit at least 100 USDT. Additionally, there is a welcome bonus of up to 10,000 USDT for registration and activity on the platform.

How to deposit and withdraw money from the crypto exchange pionex.com

The “Pionex” platform has a Fees section where investors can familiarize themselves with the minimum and maximum amounts for deposit and withdrawal, as well as the fees associated with these operations. It is known that for withdrawing profits, users can use credit or debit cards, as well as bank accounts. However, the exact processing times for money transfer requests on the platform are not specified.

Conclusions about pionex.com

Despite claims of reliability and licensing, “Pionex” does not provide users with copies of its licenses, raising questions about the company's transparency. In the rating of crypto exchanges, Pionex occupies average positions because, despite convenient functionality, the platform does not disclose the exact founding date and does not list all its regulatory bodies. There is also no information about the company's owners and legal address, making it difficult to control the exchange's activities. The lack of clear data on the processing times of financial operations can lead to issues with fund withdrawals. Before starting cooperation, it is recommended to study reviews about Pionex from clients and experts to avoid possible risks.