Pionex No Exposure to FTX

Dear users,

Pionex has been building the most user-friendly quantitative crypto trading platform for the past 3 years. The safety of users’ assets has always been our first priority. And we have never ceased our effort to make your trading environment more secure, stable, and reliable.

As your most reliable trading platform, we always have 100% asset reserves for the funds in the exchange. Pionex holds a strict risk management policy on all of our products, which guarantees the safety of users’ assets. And we will provide proof-of-reserves in the incoming weeks.

Regarding the exposure from FTX, Pionex has never invested in any projects and companies, whether it’s FTT or any FTX & Alameda Research related coins. Therefore, Pionex and Pionex’s users have no exposure to this distressed risk.

Pionex has always put risk management as our first priority, and we are always here for you no matter what market circumstances we are in.

Please stay tuned for our further announcements!

Pionex Team
Nov. 9th, 2022