Bithoven or Pionex – which is better for UK traders 2024? Compare Bithoven and Pionex in this detailed breakdown of their platforms, features and fees.
Bithoven is a MT5-powered online broker offering leveraged cryptocurrency trading.
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.
Pros
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
Cons
Weak regulatory oversight raises safety concerns
Withdrawal fees and limits may apply
Does not accept fiat deposits
Limited contact options
No demo account
Awards
Fastest Growing Cryptocurrency Trading Platform 2019, St. Vincent & Grenadines - Global Brands Magazine
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
Yes
Yes
Trade Signals
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
Trade with 1:20 leverage on dozens of popular cryptocurrency coins.
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.