FTX vs Pionex
| FTX | Pionex |
|---|---|
0.3
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
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3.4
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FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity. |
Pionex is a crypto trading platform that specializes in trading robots, offering a variety of ready made bots and strategies to traders as well as integrated AI to help customize a strategy or come up with your own. These can be used on spot crypto markets as well as crypto futures. |
| Comment by Reviewer | |
| "We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested." | "Pionex is an excellent option for crypto traders with an interest in cutting-edge AI like ChatGPT and automated trading." |
| Pros | |
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| Cons | |
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| Instruments | |
| Cryptos, Futures, Options | Cryptos |
| Demo Account | |
| No | No |
| Minimum Deposit | |
| $1 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | 0.1 USDT |
| Regulator | |
| FinCEN | |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Yes | Crypto bots |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Pionex clients can find other successful investors and copy their trading bot setups. This allows users to buy and sell cryptos 24/7 from a user-friendly platform and app. | |
| Social Trading | |
| No | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | No |
| Cryptocurrency | |
| FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin. | Make spot, future and leveraged trades on 120 cryptocurrencies via Pionex's proprietary platform with built-in trading bots and highly customizable automated trading options. On the negative side, the range of tokens is narrower than many alternatives. |
| Spread | |
| Variable | Market |
| Coins | |
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| Crypto Lending | |
| Yes | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| Yes | No |
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| More Comparisons | |
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FTX vs |
Pionex vs |