Comparison of Pionex vs Remitano [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Pionex vs Remitano comparison!

Your expert: Alejandro Borja

pionex

Pionex

Your expert: Xavier Tarrasó

remitano

Remitano

Main points

Fees

0.05%

Earns

Yes

Customer service

3/5
P2P: 1%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold

Yes
Yes

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.0 – Competitive fees with additional benefits for automated trading.
3.8 – Reasonable fees with strong local support in various regions.

Level

0.05%
P2P: 1%

Brief explanation

Pionex’s trading fee structure is notably competitive, designed to cater to both frequent and casual traders. The platform charges a flat trading fee of 0.05% per transaction, which applies to both makers and takers. This fee rate is among the lowest in the cryptocurrency exchange industry, making Pionex an attractive option for traders looking to minimize costs while maximizing returns. Additionally, the integration of trading bots at no extra cost enhances the value, as these bots can execute trades automatically based on predefined strategies, further optimizing trading expenses for users.
Remitano’s commission structure is designed to be transparent and competitive within the cryptocurrency exchange market. The platform primarily charges a flat fee on transactions, which is relatively lower than many other exchanges. This fee applies to both the buying and selling sides of a trade, making it easy for users to understand and calculate their trading costs upfront. For withdrawals, Remitano also imposes a fee that varies depending on the cryptocurrency being withdrawn. These fees are generally in line with or slightly above the industry average but are considered reasonable given the level of security and user support provided by the platform. This approach ensures that traders can manage their investments efficiently without worrying about hidden costs or overly high fees that could eat into their profits. Overall, Remitano’s fee structure is designed to be fair, encouraging active trading while providing necessary platform support and security.

Pionex

Remitano

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Product selection

Native token

No
No

Earns

Yes
Yes

NFT marketplace

Yes
No

Cripto/debit card

Yes
No

Company information

Full name

Pionex Inc.
Babylon Solutions Limited

Regulation

Not regulated
Not regulated

Year founded

2019
2016

Founder

Unknown
Unknown

Payment methods

Transfers

No
Yes

Mastercard

Yes
Yes

Wire transfer

No
No

Card

Yes
Yes

Comparative table

Pionex FEATURES Remitano
Pionex allows for low minimum trade amounts, making it accessible for beginners wanting to start small.
Minimum Trade
Remitano offers a relatively low minimum trade amount, making it accessible for beginners and those looking to trade small amounts.
Offers highly competitive fees, particularly attractive because of the zero-fee trading with bots, which is a standout feature.
Trading and Transaction Fees
Remitano’s fees are competitive but not the lowest in the market. The fee structure is straightforward and transparent, which is beneficial for user planning.
Supports a wide range of cryptocurrencies, providing users with a diverse selection of trading options.
Number of Cryptocurrencies
The platform supports a limited number of cryptocurrencies compared to larger exchanges, which may be a drawback for users looking for a wide array of trading options.
Extensive range of trading pairs, allowing users flexibility in their trading strategies.
Crypto-to-Crypto Trading Pairs
Remitano provides a decent range of crypto-to-crypto trading pairs, though it lacks the extensive options found on more established platforms.
While Pionex offers good information on its operations, more clarity on regulatory compliance and security measures could improve transparency.
Website Transparency
The website is user-friendly and provides clear information about fees, security measures, and trading options, though some details about the company’s operations could be more detailed.
PointPay does not currently offer a card for customers to use in their daily transactions or at shops.
Credit/Debit Card
Remitano lacks a branded exchange card, which limits the versatility and real-world applicability of its platform compared to some competitors that provide integrated card services for easier access to funds and transactions.
Provides secure storage options, but enhanced details about its cold storage capabilities would be beneficial.
Storage Offering
The platform offers a secure wallet service with good security features, although it may not have the advanced security options of dedicated wallet providers.
Offers competitive staking rewards, particularly through its bot-driven strategies, though it could expand its rewards program.
Staking and Rewards
Remitano provides some options for earning through staking and rewards, but these are not as extensive or varied as those offered by competitors.
Both platforms are highly user-friendly and well-designed, offering full functionality.
Mobile App and Desktop
Remitano offers a well-designed mobile app and a functional desktop platform, both of which are appreciated for their ease of use and reliability.
Responsive customer service with multiple channels, but could improve by adding real-time support like live chat.
Customer Service
The platform excels in customer service, offering quick and helpful responses through multiple channels, including live chat and email.
Responsive customer service with multiple channels, but could improve by adding real-time support like live chat.
Deposit and Withdraw
Remitano supports multiple deposit and withdrawal methods, though it lacks some of the flexibility of larger exchanges with more extensive banking integrations.

Key features

Analysis tools

Integrated bots for automated trading
Basic charting tools

Mobile APP

Yes
No

Security

High 4,6/5
High 4,6/5

Additional features

Automated trading bots, margin trading, staking, Pionex Earn
P2P trading, staking, Remitano Earn, fiat on/off ramps

Anonymity

Yes
No

Key points

Available cryptocurrencies

120+ (with trading bots)
10+

User-friendliness

Pionex offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.
Remitano provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Provides good value for money with low trading fees and automated trading bots, making it an attractive option for new and experienced traders.
Offers good value for money with competitive fees and strong local support in various regions, making it a good choice for regional users.

Countries of operation

Singapore, United States, Canada, Australia, United Kingdom
Global, including United States, Canada, United Kingdom, Australia, Germany

Best for

Ideal for traders interested in automated trading bots and low trading fees.
Suitable for traders in various regions seeking a platform with competitive fees and strong local support.

Base currencies available

USDT, BTC
Multiple local currencies, BTC

Account

Trading

Pionex is known for its automated trading bots, offering a unique feature for users. It has a good range of cryptocurrencies and competitive fees but can be complex for beginners.
Remitano is a P2P exchange known for its secure and user-friendly platform. It offers easy fiat integration and a good range of cryptocurrencies but lacks advanced trading tools.

Deposit and withdrawal

Pionex offers multiple deposit and withdrawal methods, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.
Remitano is a P2P exchange known for its easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, with competitive fees.

Account opening process

Pionex provides a straightforward and user-friendly account opening process. Users need to provide personal information and verify their identity. The process is efficient and typically takes less than a day to complete.
Remitano offers a seamless and fully digital account registration process. Users need to submit personal information and verify their identity. The process is quick and usually takes less than a day to complete.

KYC required?

Yes
Yes

Customer Service

Pionex provides customer support via email and live chat. The support team is responsive and helpful, but the lack of 24/7 support may be a limitation for some users.
Remitano offers customer support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Pionex employs comprehensive security measures, including 2FA and cold storage. However, it lacks regulation from major financial authorities, which might be a concern for some investors.
Remitano ensures security through 2FA, encryption, and cold storage. Despite its strong security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

As a seasoned user and reviewer of cryptocurrency exchanges, I find Pionex to be an intriguing option, particularly for those who are fascinated by automated trading. The built-in trading bots, which offer diverse strategies and the ability to operate 24/7, make Pionex a standout choice for traders who aim to maximize their trading efficiency without constant personal monitoring. This feature alone simplifies the trading process significantly and can be a game-changer for both new and experienced traders. However, it’s important to approach with a degree of caution and ensure understanding of how these bots operate to truly benefit from what Pionex has to offer.
As a cryptocurrency analyst, I’ve had the opportunity to explore and evaluate numerous platforms, and Remitano certainly stands out for a few noteworthy reasons. First and foremost, its user-friendly interface makes it exceptionally accessible for beginners. The platform’s design intuitively guides you through the process of trading cryptocurrencies, which can be a daunting task for those new to the space. Another aspect worth highlighting is Remitano’s commitment to security. The platform employs an escrow system for transactions, adding an extra layer of security by holding the funds until all parties confirm the transaction is complete. This feature greatly reduces the risk of fraud, making it a reliable choice for traders concerned about the safety of their investments. Overall, if you’re venturing into the world of cryptocurrencies and looking for a secure and straightforward platform, Remitano is definitely worth considering. It provides a solid foundation with essential trading tools, excellent customer support, and a community-driven approach that fosters a safe trading environment.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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