Which is a pretty low fee compared with other brokers who don’t offer free trading bots. No, Pionex offers twelve different trading bots, all operating on different algorithms and targeting different market conditions.Īnd unlike others who might charge hundreds of dollars for just one bot, Pionex offers all twelve of their bots absolutely free. All you pay is the small trading fee, just as you would at any exchange when trading manually.īetter still, it isn’t just one or two bots to choose from. They provide the bots, and they provide them for free. Pionex has changed all that when they launched in 2019 with free, built-in trading bots. In some ways it was simply more trouble than it was worth. And then there was the cost of buying or renting the bots from their creators. Even if you can’t program them yourself you do need to have some background in programming in order to monitor the bot and make changes to its code if markets shift. The biggest problem with trading bots has always been the complexity involved. This has been a relief for traders who use technical signals since it means they are no longer glued to their computer screens, watching each tick of the markets. There are several platforms that have begun to use API keys to allow automated trading to occur 24×7. This is creating increased popularity for automated trading, or “bot trading” as it is also called. It’s not surprising that in a technologically focused field like cryptocurrencies traders have turned to technological solutions to their trading. 7.2 How Grid Bot Works in Set Myself Mode.7.1 How the “AI Strategy” Grid Bot Works.

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