Pionex review

Pionex charges 0.05% for takers and 0.05% for makers, and both sit below the exchange median of 0.2%. There is also a free plan, so trading cost is the main number to weigh against a venue that charges a commission on every trade.

Pionex is operated by Marketa Trading Inc., registered in Singapore, and that entity is named in the terms of service. The account runs on web, mobile app and API, so the legal counterparty and the interface are both clearly stated before you trade.

Pionex publishes proof of reserves, so reported holdings can be checked against what the platform says it holds. Around 84.1% of the exchanges in the comparison do the same, which places Pionex with the brands that make reserves visible.

Derivatives are offered on Pionex, so leveraged positions sit alongside spot trading on the same account. For context, the median taker fee across derivative venues is 0.1%, and about 0% of exchanges in the wider comparison carry no derivatives at all.

Pionex is available as web, mobile app and API, so bot management and manual orders can be handled in a browser, on a phone or through an API, which suits both regular traders and automated strategies.

Pionex is built around trading bots rather than a manual order ticket, and it also offers derivatives and a free plan. It suits traders who want strategies running without setting each trade by hand, and who weigh fees of 0.05% against the site median of 0.2%.

Pionex is listed as a cex, the model used by about 91.2% of the brands in the comparison. It was founded in 2019 and lists 283 coins, so the catalogue is broad while custody sits with the platform.

ActivTrades lists a taker fee of 0%, so it charges nothing where Pionex charges 0.05%. bunq charges fees of 0.25% to 1.99%, and Bitpanda lists from 650 coins against 283 here, so the choice comes down to coin breadth versus trading cost.