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.
BitMEX is a crypto exchange and derivatives trading platform, launched in 2014. The firm offers a fiat–crypto onramp, spot trading, and crypto derivatives including perpetual contracts, traditional futures and quanto futures. BitMEX offers amongst the largest market liquidity of any cryptocurrency exchange.
Fee reduction for BMEX token holders
Comment by Reviewer
"Pionex is an excellent option for crypto traders with an interest in cutting-edge AI like ChatGPT and automated trading."
"Active traders who want access to a good range of crypto derivatives will be intrigued by BitMEX's offering, with Perpetual Contracts available. The 100x leverage on Bitcoin is also higher than many alternatives."
12 free integrated trading bots with no coding or programming requirements
Powerful integrated AI chatbot 'PionexGPT' helps users programme trading bots on Pine script
Excellent and innovative liquidity engines aggregated from Binance and Huobi
Low trading fees compared with other major exchanges at 0.05% maker and taker
40+ cryptocurrency funding coins accepted
Supports crypto derivatives via futures trading
Money Services Business (MSB) license by US FinCEN
The Guilds social trading service allows traders to participate in competitions and earn rewards, including a weekly prize pool worth 4,000 USDT at the time of writing
BitMEX continues to deliver a considerable amount of market information for free, as well as trading guides and community channels on Discord, Telegram and more
The broker offers high levels of security, using a combination of hot and cold wallets and cryptography key management
The native token, BMEX, can be staked with up to 15% trading fee discounts, among other exclusive privileges
Comprehensive customizability is available within the platform, with movable widgets and order book filters
Traders have the opportunity to connect with investors using the intuitive inbuilt chat feature
The exclusive crypto platform makes it more streamlined than other multi-asset terminals
Traders can earn interest if they HODL Tether and Bitcoin
The broker offers 2 API systems for seasoned traders
Weak regulatory oversight raises safety concerns
Withdrawal fees and limits may apply
Does not accept fiat deposits
Limited contact options
No demo account
BitMEX is an offshore firm and is not regulated by any reputable authority, though this is common among crypto brokers
BitMEX is geared towards more active traders, with fewer tools and features aimed at newbies
The broker was involved in a legal dispute with US regulators which resulted in fines
Withdrawals are only carried out at a specified time of day
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.
Guaranteed Stop Loss
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.
BitMEX continues to offer a highly competitive crypto trading environment, with cheap $1 contracts and leverage up to 1:100. The broker’s proprietary platform offers cutting-edge trading features, including a customizable order book, a depth chart and dozens of technical indicators.