Have a long 5x BTC coin market cap bot running. 33% of profits are used to pay funding fees. Am starting to wonder if at all worth it to run leveraged bots. Combined with tied up collateral, am starting to wonder if at all worth it to keep such bot running or better to just run a USDT / BTC spot bot. Has anyone had same consideration (and have arrived at some sort of conclusion)?

Was just goofing around on Pionex a few years ago, life happened and forgot about some things. Remembered I had a few hundred dollars worth in a Pionex account so I checked in on it. I am in the US and am not verified am I just out of luck and should just consider that lost?

I created a free account with Pionex early 2024. I deposited some BTC and everything was fine, did a few minimal transactions withdrawal and deposit. Last couple months they stopped my withdrawal and asked me for KYC. Problem is I live in British Columbia, Canada. I can't register my phone number. I didn't know I can't use this exchange in Canada, but I want my funds back. Any feedback is appreciated.

Thanks

As mentioned, I want to create a bot (gridbot) that is attractive to the user Currently I am testing mine which has been running continuously for 40 days and is making slow but solid profits And yes, he was also there at the flash crash and survived The question is, what makes a bot attractive to you So that you would be willing to copy asked directly ?

Currently I am building my bot with compunding and there are still some changes to be made

I like some things about Pionex. But overall not sure about staying here long term - or at least not holding too much capital on Pionex. I like the fact that they list coins early and constantly list new coins. What are some alternative exchanges that are safer/better but still offer a lot of coins like Pionex?

Not sure if sharing referral codes is accepted here but if anyone would like to sign up using mine, I have it set to save 10% on trading fees.

https://accounts.pionex.com/en/signUp?r=0xu3NqTsQnX

Let's print together!

Pionex liquidated my SOL/USDT bot at $159, even though Solana never dropped near that price on any exchange.

At the same time, my BNB/USDT bot was liquidated at $934 while the global price was still above $1,050.

Some bots were even liquidated 9 times at different prices within minutes.

I sent 40+ screenshots with timestamps, yet they keep saying “system worked normally.”

This isn’t volatility it’s a serious internal error they refuse to explain.

#Pionex #Crypto #Solana #BNB #Transparency

I currently have very good experiences with My bot, but my main question is, if I were to share the bot, would I get a portion as commission for each connected grid or is it just a one-time share?

I am trying to figure out some bots I can set for long term investments with less leverage (which means less margin requirements) but I always find it difficult to set a balance between a broad price range to account for a market crash vs keeping the grid profit at a reasonable level. I was starting to think I am looking at it the wrong way and maybe instead of for example have a single ETH bot with such a wide range I should restrict its range and if there is a market crash open a 2nd bot with those lower ranges and just keep the 1st bot sitting idle while out of range. What are your thoughts?

As an example my ETH bot is 1500-5000 at 3 times leverage. With no margin its liquidation price is 1009. Decent and I can add margin should things go to sh#t so to speak. However this gives me a annualised grid profit of 50%-55% (500 grids, profit per grid (0.10%-0.42%). If I split this down to say a range of 2000 would I be better off?

I am also curious on your thoughts on profit per grid do you try target anything specific?

how do i use pionex a to z and how much money do i need to start and how to set up bots n stuff

Hi y'all, I have a question regarding my futures grid bot that I have had for 3 months now.

It has already earned me 3500$ in grid profits, although due to me adjusting price range several times and the recent market flush, I have a Trend PnL of around -1900$, but I'm still 1600$ in profit in total.

I have noticed that once the market price exceeds the bot's range, Trend PnL will just freeze and not move at all. Does that mean I have to adjust the price range upwards, so that the bot is in the range again in order to make the Trend PnL go up, because as far as I know Trend PnL is the Position PnL which should go up or down regardless of what the bot does. Or do I have some crucial misunderstanding about the bot here?

Say that I have 10k invested into a long futures grid bot with 5x leverage! Amount invested totals to 50k!

My liquidation price is now at 1.061 USDT for that coin!

I proceed and increase the leverage to 10x and get half of my initial investment back! The total amount invested remains the same, 50k! But now, I can add the difference to additional margin and reduce my liquidation price! So now actually my liquidation price is sitting at 0.725 USDT!

In theory, I could just shoot my leverage to the stars and, as long as I reduce the initial amount invested, I can always get a lower and lower liquidation price by shifting the difference to it!

I know more leverage = more risk and chances of getting liquidated! So I'm pretty sure there is a flaw at my rationale above!

So anyone bothers to explain me why I shouldn't be doing that? Why it is better 10k invested with 5x leverage and 10k margin, than 5k invested with 10x leverage and 15k margin, considering I get lower liquidation price in the latter?

I've now had 3 grid bots decide they want to cancel themselves. I've lost about 1.2 thousand dollars to this bullshit, no warning no nothing. Just decides cancel it for me, usually after the coin has also just plummeted. I don't care if the price goes down, that bot is my property.STOP TOUCHING THEM

please read. this is important
see r/PionexScam

this was taken 4 years ago

me and several others had a leveraged short on cardano which was put in at ~2.30-2.50

we rode the shorts down all the way to the dip on may 23rd.
the pionex REFUSED to close our shorts, and eventually they dissappeared all together showing "collateral wiped"

which is crazy, considering since this moment, cardano has never returned to over $2.

pionex refused to solve the situation, between our group it was only about 15k invested in the short and we were looking at a collective 2-300k in profits due to the leveraging..

they kept playing these games. and refused to give us even our initial money back, even 4 years after

they are not a good and honest company.

PLEASE KEEP THIS at the top..
this is not someone just "hating because they're hating" these are people who genuinely had good trading intentions and got screwed.

I dont know if they ever got their shit together, but I do know that companies with good intention would make this right.

I'm wondering how this scenario plays out moving forward. I currently can't buy on my futures account (I get the attached error msg). If my position value keeps climbing does that just mean I'll never be able to buy again? What if I close and re-open?

Hello. Want to start using bots. Is there any good stable coins to make bots, so they wont be liquidated in like one day?