Trading services and order controls
Sections ↑Pionex combines a custodial exchange with built-in trading bots. CoinGecko’s snapshot inspected on 20 October 2026 reported approximately $2.30 billion in rolling 24-hour spot turnover, across 284 coins and 303 pairs. Reported turnover changes continuously and does not measure unique active customers or guarantee depth at the price of an individual order.[1]
Trading products and their operating boundaries
| Service | Mechanism | What changes the result |
|---|---|---|
| Spot orders | The trading API accepts market and limit orders, with optional immediate-or-cancel treatment. | A market buy specifies the quote-currency budget; a market sell specifies base-asset quantity. Limit orders require both quantity and price.Source 11 |
| Spot Grid | API configuration divides a price range into 2–1,000 grids, using arithmetic or geometric spacing. | The parameter check calculates minimum investment; an accepted configuration still depends on funds and tradable-symbol conditions.Source 10 |
| Futures Grid | The FAQ describes 2–500 grids and places pending orders around the current price as the strategy operates. | Not every grid line must have a visible resting order simultaneously. Margin can be adjusted separately from the bot’s other settings.Source 9 |
| Dual Investment | A structured product can return the investment asset or exchange it into the paired currency at settlement. | Capital is not protected. A high annualised yield can accompany an unfavourable conversion into a falling asset or a sale that forgoes subsequent upside.Source 35 |
Order size, execution and liquidation
| Control | Published rule | Practical consequence |
|---|---|---|
| Open-order and batch limits | The spot API allows up to 200 open orders per symbol and up to 20 limit orders in a batch. | An accepted order and an executed fill are separate records. Reconcile filled amount, fee and fee currency before treating an order status as the completed economic result.Source 11 |
| Pair-specific constraints | Symbol metadata exposes amount and quantity minima, size ceilings, price precision and price-band multipliers. | Use the current symbol record; a sample BTC value is not a universal account minimum. Spot and perpetual notional fields have different meanings.Source 12 |
| Futures liquidation | The published margin rate divides maintenance margin by margin plus unrealised profit or loss. Liquidation begins at 100%. | Unrealised results use mark price. Cross-margin exposure depends on relevant account equity, whereas isolated margin is separated. A chart’s last-trade price is not the sole liquidation input.Source 8 |
| Partial liquidation and alerts | Higher-tier positions can undergo partial reduction to lower the maintenance requirement. The guide describes warnings at 80% margin rate. | Messages may not arrive in time. Its sample liquidation-fee rate is illustrative; the current contract information screen provides the applicable rate.Source 8 |
Trading fees, funding and conversion costs
Sections ↑The basic fee page inspected on 20 October 2026 lists the following rates. Maker treatment depends on an order adding liquidity; placing a limit order does not guarantee maker execution. The live account and instrument fee display determines applicable promotions or VIP entitlement. Current VIP thresholds were not recovered; no historical tier table is reproduced.[3]
Published fee basis
| Charge | Rate or basis | Example or limitation |
|---|---|---|
| Standard spot | 0.050% maker; 0.050% taker. | Each executed buy and sell has a separate charge.Source 4 |
| Leveraged tokens | 0.100% maker; 0.100% taker. | A separate category from standard spot.Source 3 |
| Futures | 0.020% maker; 0.050% taker. | Opening and closing executions each incur their applicable fee.Source 3 |
| Tokenized-stock spot pairs | The guide checked 20 August 2026 gives 0.1% per fill for both maker and taker, without VIP discounts. | Examples include AAPLX/USDT and TSLAX/USDT. A buy and later sale involve two charges, before spread or price movement; these are the spot-token rates.Source 6 |
| Bot operation | The bot-fee guide says there is no separate charge simply for starting a bot. | Executed trades, spreads, futures funding and other product-specific costs remain relevant. Frequent grid fills accumulate costs even when there is no subscription bill.Source 5 |
| Perpetual funding | Position value multiplied by the applicable funding rate; positive funding transfers from longs to shorts, and negative funding reverses the direction. | Holding a position at actual settlement determines the charge. Intervals vary by contract; the guide’s eight-hour examples do not establish a universal timetable.Source 7 |
For a standard spot grid, a 1,000 USDT executed purchase at 0.05% implies a 0.50 USDT equivalent fee. Selling an unchanged 1,000 USDT value incurs another 0.50 USDT equivalent. The actual second value can differ, and an unfilled or cancelled portion produces no execution fee. The guide updated 25 August 2026 distinguishes realised grid profit from the unrealised value of coins still held; a positive grid-profit figure can coexist with an overall loss.[4]
Funding is based on exposure, not the margin initially deposited: a hypothetical 10,000 USDT position at a 0.01% funding rate implies 1 USDT at that settlement. Pionex notes that processing can deviate from the displayed cutoff by about a minute. Check the next rate, interval and settlement clock rather than assuming a close immediately beside the cutoff avoids payment.[7]
Deposits, withdrawals and usable balances
Sections ↑Funding and cash-out routes
| Route | How it works | Limit, cost or delay |
|---|---|---|
| Crypto deposits and network fees | The basic tariff describes deposits as free of Pionex fees. | The sending wallet or network can still charge. Withdrawal minimums and fees are asset/network-specific and should be read from the live ticket.Source 3 |
| Crypto withdrawals | Select the asset, matching blockchain, destination address and any required memo or tag. | The withdrawal screen displays remaining allowance, fee and available amount. A blockchain completion record does not guarantee that the receiving exchange has credited its customer.Source 17 |
| Large withdrawal review | The withdrawal guide says large amounts can require manual security review. | It directs customers to online support if the reviewing stage exceeds an hour. This is an escalation point, not a guaranteed completion time.Source 17 |
| Bank or card payout | The guidance updated 25 August 2026 uses Buy Crypto → Third Party → Sell, where available. | The provider controls supported country, currency, payout method, fees, identity checks and estimated arrival. The payout name must match the verified customer; a card number is not a blockchain address.Source 18 |
| Small residual balances | Stop relevant orders and bots, then compare the available balance with the chosen network’s minimum and fee. | An in-account conversion may help, but adds its own execution cost. Compare the final received amount and destination support; no single coin is always the cheapest exit route.Source 19 |
Total assets and withdrawable assets can differ because a bot or unfilled manual order occupies funds. The withdrawal guide’s account overview includes an Occupation view showing which order or bot is using an asset. Cancelling that commitment may involve an actual sale, so check the bot’s closing choice before assuming that releasing funds preserves the same coin balance.[17]
Promotional balances need their own terms. Pionex’s dated August 2022 trial-fund instructions distinguish nonwithdrawable trial principal from interest that can become claimable after Level 2 verification and the relevant withdrawal conditions. They do not establish that the historical campaign, advertised award amount or an old example network minimum is offered today. Read an active voucher’s expiry and claim screen before counting it as available money.[25]
Custody, reserves and protection limits
Sections ↑The agreement permits custody through external wallet providers or exchanges and disclaims compensation for specified external-provider failures, including insolvency. That introduces counterparty exposure beyond Pionex’s interface.[2]
What protection evidence establishes
| Evidence | Established scope | Important limit |
|---|---|---|
| Historical reserve reporting | A company archive updated 26 August 2026 refers to two independent reports signed on 19 January 2023. | Those dates are historical. A current complete reserve/liability report was not recovered, and the linked audit notice failed to render. No present reserve ratio is asserted here.Source 32 |
| Brave Fund | The indexed company page describes a USD 10 million allocation to emerging Web3 development and projects. | That purpose does not establish a customer deposit-protection fund, named insurance policy or compensation entitlement.Source 33 |
| Advice and platform assurances | Pionex’s disclaimer says the platform has not been reviewed by a regulator and disclaims licensed advisory roles. | These company statements do not establish a global licence or statutory depositor protection. A current named outside insurer and enforceable per-customer coverage limit were not established.Source 29 |
The reserve archive itself warns against turning dated evidence into a permanent safety guarantee. Custody, operating continuity, liability completeness and the enforceability of a customer claim are separate questions. The old partner contact and promotional arrangement on that page are also explicitly archived, so they are not presented as current support or funding routes.[32]
Eligibility and verification limits
Sections ↑The agreement requires adults and excludes Mainland China, Hong Kong, the United States, Singapore, Afghanistan, Cuba, Iran, North Korea, Syria, the United Kingdom, Canada, Netherlands, Spain and France, alongside sanctions restrictions.[2]
Verification and availability
| Requirement | Published position | What it does not establish |
|---|---|---|
| Daily withdrawal allowance | The fee page lists KYC Level 0: 0 USDT; Level 1: 20,000 USDT; Level 2: 1,000,000 USDT. | These are published limits, subject to account and security controls.Source 3 |
| Failed identity checks | The identity FAQ directs users to the failure reason and checks complete document edges and successful image upload. | Try the official app or a supported browser if submission fails; unresolved cases go to the KYC team. A trading balance does not override unfinished verification.Source 26 |
| Third-party fiat eligibility | Sell channels can require the provider’s own identity checks and recipient-name matching. | A payment option available to another customer or currency is not proof of access for your account.Source 18 |
Support, recovery and account records
Sections ↑Published account-support routes
Scope Include a clear issue subject; use official account-recovery instructions.
Security changes and withdrawal holds
| Event | Process | Timing and consequence |
|---|---|---|
| Password reset | Use the official password-recovery route on app or web. | The published password guide imposes a 24-hour withdrawal restriction after resetting. This is separate from ordinary network confirmation.Source 20 |
| Disable email or SMS | The self-service guide requires the appropriate existing email/SMS and Google authentication controls. | It describes a 24-hour withdrawal hold and a 30-day restriction on rebinding the removed contact. Follow the current authenticated screen for eligibility.Source 21 |
| Lost Google Authenticator | The guide updated 25 August 2026 uses the lost-authentication flow when locked out, or Security settings when signed in. | It indicates review within 48 hours after successful submission, followed by a 72-hour withdrawal restriction after the reset takes effect. Review time and the later hold are separate periods.Source 22 |
| Repeated login failures | The login FAQ says five consecutive password or authentication failures trigger risk controls. | Wait 30 minutes before retrying. Update an outdated app and verify that the correct email/phone account is selected; unresolved access problems go to official chat or email.Source 27 |
During an interface or execution problem, retain order identifiers, timestamps and error messages, and inspect order/fill history before resubmitting. The API documents distinct failures for invalid signatures, expired keys, denied permissions and non-whitelisted IP addresses; private requests require a timestamp within 20 seconds. These diagnostics do not establish a telephone dealing desk or an assurance that support can close positions during an outage.[13]
Statements, inactivity and permanent closure
| Action | Documented operation | Consequence |
|---|---|---|
| Export account history | The guide updated 25 August 2026 supports web Dashboard → Transaction History and an app Customer support → Export transactions history route. | Choose a date range. Up to three requests per month are allowed; generation should complete within 24 hours and the download link lasts seven days. Email/SMS announces progress.Source 24 |
| Use records for tax work | CSV exports support reconciliation of spot/bot trades, fees, deposits and withdrawals. | The documented CoinTracking route uses its CSV import and is a separate third-party service. Check missing transfers, duplicated records and cost basis; export is not a personalised tax determination.Source 24 |
| Emergency contact after inactivity | The June 2026 feature lets customers configure inactivity and response periods. Pionex contacts the customer first, then the designated person if there is no response. | Follow-up notifications recur every ten days. Logging in ends the process. The one-year inactivity and one-month response illustration is not stated as a universal default.Source 23 |
| Permanent deletion | The updated closure guide instructs customers to withdraw assets, then use the website’s avatar → Security → Delete flow and complete verification. | Deletion is irreversible and removes account/data access. Export records first. It is a separate action from merely stopping use or leaving an account inactive.Source 19 |
The emergency-contact guide says that, in special circumstances, the designated person may assist with account or asset changes. It does not promise automatic ownership or unconditional withdrawal authority. No general inactivity-fee schedule was established in the reviewed fee and account material; the notification feature is not a published dormancy charge.[23]
Operator, contractual recourse and regional findings
Sections ↑Counterparty and permission scope
| Route | Evidence | Scope to preserve |
|---|---|---|
| Global website agreement | Terms effective 9 July 2024 identify Marketa Trading Inc. | They explicitly exclude Pionex Pte. Ltd. and Pionex Inc. as the operator. The inspected clause does not establish Marketa’s incorporation jurisdiction.Source 2 |
| Spain | CNMV’s 12 February 2024 warning names Pionex and pionex.com/es as unauthorised for investment services or activities within its supervision. | This is a dated Spanish finding, not a worldwide legal classification. A later authorisation was not established.Source 31 |
| South Korea | The FSC’s 7 August 2025 annex lists Pionex among unregistered overseas VASPs. | The finding is dated; subsequent registration was not established in this inspection.Source 30 |
Contractual disputes require written notification within 30 days and at least three months of consultation or mediation. The terms specify English common law and ICC arbitration in Belize, conducted in English. These are contract provisions, not an established ombudsman or compensation scheme.[2]
Company identity and scale context
Sections ↑A supplementary service agreement published on 27 May 2026 repeats Marketa Trading Inc. as the Pionex operator and again excludes Pionex Pte. Ltd. and Pionex Inc. That supports continuity of the disclosed name into 2026; it does not establish a new exchange licence, a corporate group guarantee or permission to import another Pionex-branded service’s customer terms.[36]
CoinGecko describes the exchange as established in 2019. Its coin, pair and turnover counts provide a dated indication of market breadth and activity. A comparable independently verified active-customer count was not established, so this profile does not translate order traffic, registrations or bot executions into a claimed number of active traders.[1]
- Operator
- Marketa Trading Inc.
- Exchange model
- Centralised
- Service scope
- Spot, futures, built-in bots, structured products and permissioned account APIs.
- Client types
- Retail clients
- Pricing publication
- Public pricing
- Pricing scope
- Basic maker/taker rates published; tokenized-stock fees and funding have separate rules.
- Funding scope
- Crypto networks and eligible third-party bank/card sell routes; occupied funds and security holds apply.
- Custody and asset handling
- External custodians permitted by terms; historical reserve evidence is not current insurance.
- Client eligibility
- Adult eligibility, country exclusions and identity-dependent withdrawal limits.
- Support
- Live chat and service email; app/web CSV exports and documented recovery flows.
- Authorisation and registration scope
- Contract operator separated from dated Spanish and Korean warnings; no worldwide authorisation inferred.
Exchange metadata checked 20 Oct 2026Source 2Source 3Source 17Source 14Source 22
Covered contracting entities
Marketa Trading Inc.
- Jurisdiction
- Not specified in inspected terms
- Covered services
- Pionex.com operator.
- Client and location scope
- Territorial exclusions apply.
Bots, AI, API authority and structured-product exits
Sections ↑Automation permissions and what stopping means
| Control | Authority or mechanism | Exit consequence |
|---|---|---|
| Read and trading permissions | The API map separates account reading, spot/futures trading, bot reading and bot trading. | Bot-trading permission covers creation, adjustments and cancellation. Earn and internal transfers have their own permissions; do not grant them to a read-only reporting integration.Source 14 |
| Institutional operations | Deposit/withdrawal and institutional-write entries are explicitly internal institutional scopes in the permission map. | They do not prove that an ordinary retail trading key can withdraw on-chain or request a bank payout.Source 14 |
| Stop a Spot Grid | The cancellation request supports retaining base and quote assets, selling the base asset into the quote asset, or selling into USDT. | The choice affects continuing market exposure and execution costs. Confirm cancellation and released balances; deleting a local strategy connection does not itself document completion of this separate account action.Source 10 |
| SmartCopy and device continuity | The permission map includes SmartCopy creation and cancellation operations. | A universal rule for closing every surviving SmartCopy position on disconnection was not established. Cross-device chart-layout and advanced-setting persistence were also not established; inspect the live account state.Source 14 |
API keys are created through Account → API Management. The short key guide does not establish a universal expiry period or a default permission set, so inspect the actual key’s grants and IP controls. Separate an integration’s ability to read balances from its ability to send orders or allocate funds.[15]
Pionex’s official AI Kit can connect an AI client to live spot orders, grid-bot creation/cancellation, signals and structured-product operations. It uses a local process and account API credentials; the repository explicitly distinguishes dry-run examples from real execution. This is account-action authority, not just strategy text. Scope the key to required operations and use its recommended IP restrictions. Removing a local client does not establish that an already-submitted exchange order has been cancelled; reconcile the account directly.[16]
For Dual Investment, the September 2025 guide describes early exit with a market closing cost, despite its separate statement that the product has no ordinary fee. The amount and asset returned therefore need the live early-exit quote. Scheduled settlement uses an average index over the preceding 30 minutes ending at 16:00 UTC+8; it is not determined simply by the price when the customer opens the app.[34]
The tutorial updated 25 August 2026 distinguishes the investment currency, target price, settlement currency and fixed-period return. Buy-style products can deliver crypto after a fall below the target; sell-style products can convert crypto into stablecoin and forgo further upside. A quoted annualised yield is not the percentage earned over a short subscription. Review the delivery scenario and total exposure before treating an Earn balance as money immediately available for withdrawal.[35]
Sources & further reading
- Pionex: exchange market-data snapshot Pionex · Accessed 20 Oct 2026
- Pionex Terms of Service Pionex · 9 Jul 2024 · Accessed 20 Oct 2026
- Published basic trading and withdrawal fees Pionex · Accessed 20 Oct 2026
- How Pionex spot grid trading fees are charged Pionex · 7 Sep 2021 · Accessed 20 Oct 2026
- Bot setup fees and transaction charges Pionex · Accessed 20 Oct 2026
- Tokenized-stock fee explanation Pionex · 15 Jul 2026 · Accessed 20 Oct 2026
- Perpetual funding fee calculation Pionex · Accessed 20 Oct 2026
- Futures liquidation rules Pionex · Accessed 20 Oct 2026
- Futures Grid Bot FAQ Pionex · Accessed 20 Oct 2026
- Spot Grid Bot API: creation, adjustment and cancellation Pionex · Accessed 20 Oct 2026
- Spot trading API order and fill operations Pionex · Accessed 20 Oct 2026
- Tradable-symbol constraints and precision Pionex · Accessed 20 Oct 2026
- API authentication and operational error codes Pionex · Accessed 20 Oct 2026
- API key permission map Pionex · Accessed 20 Oct 2026
- API key creation guide Pionex · Accessed 20 Oct 2026
- Official Pionex AI Kit repository Pionex · Accessed 20 Oct 2026
- Crypto withdrawal routes and manual review Pionex · 23 Apr 2022 · Accessed 20 Oct 2026
- Bank or card cash-out through third-party sell channels Pionex · 3 Sep 2021 · Accessed 20 Oct 2026
- Withdraw balances before permanent account deletion Pionex · 26 Aug 2021 · Accessed 20 Oct 2026
- Password reset and withdrawal restriction Pionex · 22 Jul 2022 · Accessed 20 Oct 2026
- Disable email or SMS authentication Pionex · 4 Aug 2022 · Accessed 20 Oct 2026
- Recover a lost Google Authenticator Pionex · 30 Aug 2021 · Accessed 20 Oct 2026
- Emergency Contact Feature Guide Pionex · 9 Jun 2026 · Accessed 20 Oct 2026
- Export transaction history as CSV Pionex · 2 Sep 2021 · Accessed 20 Oct 2026
- Trial-fund interest and eligibility Pionex · 12 Aug 2022 · Accessed 20 Oct 2026
- Identity-verification troubleshooting Pionex · 5 Aug 2022 · Accessed 20 Oct 2026
- Login failures and official support route Pionex · 12 Aug 2022 · Accessed 20 Oct 2026
- Official support contact details Pionex · 31 Aug 2021 · Accessed 20 Oct 2026
- Platform risk and advice disclaimer Pionex · Accessed 20 Oct 2026
- Dated Korean warning about overseas VASPs Financial Services Commission, Korea · 7 Aug 2025 · Accessed 20 Oct 2026
- CNMV warning concerning Pionex CNMV · 12 Feb 2024 · Accessed 20 Oct 2026
- Archived partner page: historical reserve-report reference Pionex · Accessed 20 Oct 2026
- Pionex Brave Fund: stated purpose Pionex · Accessed 20 Oct 2026
- Dual Investment User Guide Pionex · 25 Sep 2025 · Accessed 20 Oct 2026
- Dual Investment: settlement and annualised yield Pionex · 11 Jul 2023 · Accessed 20 Oct 2026
- 2026 supplementary service terms: operator identification Pionex · 27 May 2026 · Accessed 20 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.
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