Pionex is a Singapore-based cryptocurrency exchange platform founded in 2019 by Daniel Seng-Cheng YEO and Guojing Tang. As an unfunded startup, it operates in the competitive crypto exchange sector with 423 active competitors, including notable names like 3Commas, INX, and HTX.
Company Overview
Pionex specializes in crypto-to-crypto exchange services, offering:
- AI-driven trading bots with automated strategies
- Support for 6,000+ cryptocurrencies and altcoins
- A user-friendly platform for traders of all levels
Key Details
- Website: www.pionex.com
- Legal Entity: Pionex PTE. LTD (Incorporated Jan 2018)
- Employee Count: 352
👉 Discover how Pionex compares to top crypto exchanges
Competitive Landscape
Pionex ranks 9th among its competitors with a Tracxn score of 42/100. Below are the top 10 competitors in the crypto exchange space:
| Rank | Company | Key Features | Funding | Tracxn Score |
|---|---|---|---|---|
| 1 | 3Commas | Trading bots for crypto trading | $40M | 61/100 |
| 2 | INX | Automated trading platform | $1M | 59/100 |
| 3 | HTX | Cryptocurrency trading platform | - | 54/100 |
| 4 | Mizar | AI-based trading strategies | $3M | 50/100 |
| 5 | Cryptohopper | Cloud-based trading bot | - | 48/100 |
Core Services
Crypto Exchange Platform:
- Supports thousands of cryptocurrency pairs
- Low-latency trading execution
AI Trading Bots:
- Grid trading bots for market volatility
- Smart arbitrage tools
Security Features:
- Cold wallet storage for assets
- Two-factor authentication
👉 Learn about advanced crypto trading strategies
FAQ Section
Q: Is Pionex a regulated exchange?
A: While Pionex operates globally, users should verify local regulations regarding crypto exchanges in their jurisdiction.
Q: What makes Pionex different from competitors?
A: Pionex stands out with its built-in trading bots and support for a wide range of altcoins.
Q: Does Pionex charge trading fees?
A: Like most exchanges, Pionex charges nominal fees for trades, typically around 0.1% per transaction.
Market Position
Despite being unfunded, Pionex has maintained:
- Steady user growth since 2019
- Continuous platform improvements
- Strong presence in Asian markets
The cryptocurrency exchange sector remains highly competitive, with new features and security measures being key differentiators for platforms like Pionex.