This guide explores Pionex—a cryptocurrency exchange with built-in trading bots—focusing on its deposit and withdrawal processes. Follow our step-by-step instructions to navigate these features seamlessly.
What Is Pionex?
Pionex is a Singapore-based crypto exchange launched in 2019, renowned for its 16 free integrated trading bots. Supported by major investors and deep liquidity, it processes $5 billion monthly trading volume with a flat 0.05% fee structure.
Key Features:
- No fees for using trading bots
- Supports 40+ cryptocurrencies
- Mobile-optimized platform
- Over 100,000 active monthly users
👉 Discover Pionex’s trading bots
How to Deposit Funds on Pionex
Deposit Options
- Card Deposits: Use the Pionex Lite app (iOS/Android) to buy crypto via debit/credit card (3.5% fee in Europe, 4.5% elsewhere).
- Crypto Transfers: Send assets from external wallets/exchanges (e.g., stablecoins to avoid volatility).
Step-by-Step Deposit Guide (Using Binance as an Example)
Step 1: Log in to Pionex and click Deposit.
Step 2: Select your cryptocurrency (e.g., USDT) and choose the TRC20 network. Copy the wallet address.
Step 3: On Binance, navigate to Withdraw, paste the address, select TRC20, and confirm the transaction.
Step 4: Funds typically appear in your Pionex account within 2 minutes.
Note: Incorrect addresses may result in permanent loss of funds.
How to Withdraw Funds from Pionex
Withdrawal Rules
- No fiat withdrawals: Only crypto transfers are supported.
- Internal transfers: Fee-free between Pionex accounts.
- External withdrawals: Fixed fees vary by cryptocurrency.
Step-by-Step Withdrawal Guide
Step 1: Log in and select Withdraw.
Step 2: Search for the cryptocurrency (e.g., BTC) and enter the external wallet address.
Step 3: Enter the amount and complete authentication (password + 2FA).
Pionex Security Features
- Licensed: Holds U.S. FinCEN MSB registration.
- Two-Factor Authentication (2FA): Supports Google Authenticator, SMS, and email.
- Zero breaches: Operational for 1,000+ days without security incidents.
FAQs
1. Can I withdraw fiat currency from Pionex?
No. Only cryptocurrency withdrawals are supported. Convert crypto to fiat on other exchanges.
2. What are Pionex’s trading fees?
0.05% for both makers and takers, with no minimum order requirements.
3. Are there withdrawal fees?
Internal transfers are free. External withdrawals incur network-specific fees.
4. Is Pionex safe?
Yes. It employs 2FA, deep liquidity, and has a clean security track record.
👉 Explore Pionex’s low-fee trading
Final Thoughts
Pionex combines low fees, automated trading tools, and robust security, making it ideal for beginners and pros alike. Follow this guide to effortlessly manage deposits and withdrawals.
Pro Tip: Use stablecoins for transfers to minimize price fluctuations.