Pionex Infinity GRID Trading Bot is an automated crypto trading robot from the Pionex team. According to the developer, you can trade with this system 24/7 without worrying about the price moving beyond the price range of the grid. After analyzing the system, we found out that it is a safe system for conducting trades.
About Pionex Infinity GRID Trading Bot
It is the more complex version of the grid robot. It is based on the basic principle of purchasing low and selling high. Also, as the value keeps going up, the robot makes sure the net asset amount remains unchanged.
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Let’s look at some of the key features of this platform:
This platform uses the power of artificial intelligence. By utilizing this strategy, you can have the system recommend trading parameters. It enumerates the parameters by conducting historical tests on market data for the past month.
This robot is linked to the Pionex exchange which sources liquidity from top exchanges. Thus, you don’t need to create accounts on other exchanges.
In the blog section of the official website, you can find a wealth of articles that can help you with any issues you might face. There are detailed descriptions for each strategy and most of the answers to your questions can be found here.
How does it work?
After registering, you need to access the trading interface and find the bot on the right side of your screen. Then, you are presented with two options. You can either use the manual setting or the AI strategy. With artificial intelligence, the system will recommend some parameters. You will be able to view the lowest price and the profit per grid. All you need to do is to allocate the funds using the slider.
With the manual setting, you need to manually enter some parameters, namely net investment, profit for each grid, and lowest price. The lowest price is required by the bot to compute the proportional amounts of USDT and BTC. When the price falls below this level, the system will stop trading. Here, you can also choose the investment amount and the grid size.
This bot only works with the Pionex exchange. You can change the settings, allocate funds, and conduct trades from the same interface. This makes the entire operations streamlined.
How does Pionex Infinity GRID Trading Bot stand out?
With the grid strategy, traders sometimes face an inconvenience when the price moves beyond the range, leading to unexpected results. However, this system lets you set the limit yourself. This gives you a greater degree of control over the trading activities.
Best for: novice traders
This is a beginner-friendly platform since there are no complex configurations. Even if you’re a novice, you can choose the AI strategy to let the bot make the important decisions for you.
There is no cost for downloading the trading platform. While placing trades, you will incur a 0.05% maker and taker fee. For a free platform, it is highly secure and offers a wide range of advanced functionalities.
How safe is Pionex Infinity GRID Trading Bot?
This system is licensed by FinCen, which is considered a top financial regulator in the USA. BY aggregating liquidity from Binance and Huobi, it makes sure your funds remain safe. Additionally, there is an entire reserve for the customers’ holdings.
Pionex Infinity GRID Trading Bot reputation
This platform was launched in the year 2019. The headquarters of this company is based in Singapore and it is supported by BitUniverse. Daniel Seng-Cheng is currently the CEO of the company, while Larry Toh is the Chief Compliance Officer. Both of these individuals have several years of experience in the finance industry.
Is it a good choice for beginners?
Yes, beginners will find this platform easy to use, thanks to the in-built exchange and the intuitive user interface.