Private investors are paying attention. Because PEMEX is an interesting trading platform making the rounds. Reason enough for us to share our PEMEX experiences. PEMEX offers investors the opportunity to invest in cryptocurrencies via CFDs. Is PEMEX reputable?
PEMEX Platform Overview
Is PEMEX safe? Which cryptocurrencies can you trade on PEMEX? Are new coins with potential available? And how fast are the payouts at PEMEX? Here you will find an overview of everything you need to know about the new trading platform:
| Platform | Crypto Trading Bot |
| Serious | Yes |
| Available cryptocurrencies | BTC, ADA, ETH, XRP, and commodities as CFDs |
| Available currencies | US Dollar |
| Payout time | Within 24 hours |
| Minimum deposit | 250 $ |
| Stated success rate | not specified |
| Trading Fees | no |
| Account fees | no |
| Support | 24/7 (Phone & Chat) |
| Verification required | Yes |
| Demo account | Yes |
What is PEMEX?
At its core, PEMEX is a trading platform that allows users to trade a variety of promising tokens. Bitcoin, Ethereum, and Bitcoin Cash are among those approved for trading on the platform.
All cryptocurrencies on the platform are traded in the form of CFDs. These are known as contracts for difference and fall into the category of derivatives. CFD traders do not buy the coin itself but rather bet on its performance. This is also possible on crypto exchanges such as Binance and Co.
According to PEMEX, speculative bets on the development of several tokens make sense precisely because they still have a lot of growth ahead of them. Reason enough to focus on cryptocurrencies with a future.
The provider relies on a forecast from Forbes magazine for business, which states that Bitcoin will reach a value of $318,000 by the end of the calendar year. This forecast originally came from a well-known Twitter user.
In general, this outlook was probably a bit exaggerated. Our experts have made their own Bitcoin forecast, paying attention to various developments.
Traders should be able to access a tailor-made interface via both PC and smartphone to manage their trades.
Who developed PEMEX?
Very little is known about the developers of the PEMEX platform. The homepage is very sleek. No information is provided about the founders and developers. Even outside of the trading platform, it is not possible to find out more about the development team.
There is no online presence of the developers, no interviews, and no social media references. Even the PEMEX experiences of previous users do not allow any conclusions to be drawn about the developers of the platform.
PEMEX Pros & Cons
Well, what are the pros and cons of trading? Is PEMEX reputable, even without information about the developers? Here are some pros and cons of the new trading platform:
Pros
- Various altcoins are tradable; besides Bitcoin, about ten other coins
- There are no fees or commissions for trading on PEMEX
- There is a demo account
- Optimization for different device types
Cons
- Little information about the company behind the platform
- A high minimum investment of €250
How does PEMEX work?
PEMEX is a bit secretive when it comes to how its platform works. Most of the information about how the platform works is only released once you have registered for the service. Registration on PEMEX involves a deposit of €250 for future trading activities.
Trading activities primarily take place on PEMEX’s in-house platform. Alternatively, users can also make use of tools such as Meta Trader 4 and other web traders.
These act as a kind of bridge between various smaller trading platforms and bundle the trading of tokens, including a large number of Metaverse Coins that you hold there, on one interface. This gives you a better overview and you don’t have to get an extra PEMEX app. There isn’t an app yet either.
As mentioned above, trading on PEMEX takes place in the form of CFDs, so-called contracts for difference. These represent a bet on the price development and differ from conventional crypto trading in that it is not necessary to hold the coin.
Which devices can you use PEMEX with?
PEMEX is compatible with most common devices. The website is therefore adapted to PCs and is also compatible with various tablets and iPads. Although there is no PEMEX app for Android or Apple, PEMEX itself states that it has also adopted the web version for mobile devices. This means that PEMEX can be used across platforms.
PEMEX – Top Features
Below, familiarize yourself with the features of PEMEX that set the platform apart from the competition. PEMEX aims to impress in the categories of paper trading, commission-free trading, and crypto assets.
Paper Trading
Paper trading is an excellent way for newbies to get started in cryptocurrency trading without any risk. The “paper” in the name refers to the fact that only “paper” is used in this form of trading. Paper trading is a demo account that simulates the real market but does not require any real funds.
If investors are still unsure whether they can survive in the real market, they can gain initial experience in paper trading and try out different strategies, without any financial risk.
Commissionless Trading
Crypto platforms are the forerunners in the investment world when it comes to reducing commissions for asset trading. The decentralized and automated nature of these platforms makes this much easier. PEMEX is also making its mark when it comes to commission-free trading.
According to the platform, they do not charge any fees or commissions on any trades. There is no spread when buying or selling crypto tokens and no subscription that must be taken out when registering. Only a deposit of $250 is required. However, this goes to the user’s trading account.
Access to top crypto assets
PEMEX is vigorously promoting that now is a good time to invest in Bitcoin before it takes off by the end of the year. The same is said to happen with other top crypto assets. Accordingly, the platform enables trading in a whole range of these top crypto assets.
The platform focuses on trading Bitcoin, Ethereum, and Bitcoin Cash. However, several other assets can also be traded. These include the following tokens: Binance Coin, Ripple (XRP), Zcash, Bitcoin Gold, Ethereum Classic, Cardano, IOTA, EOS, NEO, Litecoin and Dash.
Is PEMEX a scam or legit?
Is PEMEX a scam? A question that keeps coming up about the platform, is not particularly surprising given its mysterious appearance. Anonymous organizations are constantly running cryptocurrency scams. In order not to fall for a concept, it is important to analyze everything carefully. Here is everything we can currently say about the seriousness of the platform.
First, the question: Is PEMEX reputable? The seriousness of the PEMEX platform is difficult to verify, as little to no information is available about the developers behind PEMEX. There is no imprint and no About Us page on the company’s website.
The developers have not shown any appreciation outside of their platform either. This does not necessarily mean that PEMEX is not reputable, but it does not contribute to the opposite either.
The question of whether PEMEX is a scam is also difficult to answer with the information available. After all, there is hardly any information about how the platform works. All details are only provided after registration.
This in turn is linked to a deposit of $250. In addition, there are hardly any users who have shared their PEMEX experience in detail on the Internet. This means that the functionality of the platform cannot be verified.
Create PEMEX Account
- To create an account with PEMEX, you must first visit the official website of the platform. There, a form for registering on the platform is already waiting for you. The form asks for your full name, email address, and a phone number
- The second and final registration step is to make a first deposit. Without this, no account can be opened on PEMEX. This must be at least €250, but can also be higher. It can be paid by credit card, debit card, or PayPal.
- Once registration on PEMEX is complete, users can finally familiarize themselves with the dashboard and start trading one of the many cryptocurrencies available on PEMEX
Delete PEMEX Account
If for some reason you have had enough of PEMEX and want to delete your account, simply follow the instructions provided by PEMEX. This states that the account can be deleted very easily via the menu after registration. Unfortunately, nothing more is known about account deletion on PEMEX.
Minimum deposit at PEMEX
As already mentioned in the instructions for registering on PEMEX, there is a minimum deposit that every user must make. This deposit is a mandatory part of every registration on the platform.
The minimum deposit is possible via fiat currency via PayPal or credit/debit cards and is set at $250. There is no upper limit for the deposit amount. The deposit will be credited to the new user’s trading account.
Is there prominent support for PEMEX?
At several points in our research, we came across rumors that various celebrities support the platform. However, we were unable to confirm rumors about celebrity support for PEMEX.
Recently, rumors have been particularly hot about Elon Musk and Jeff Bezos, who allegedly have a stake in the platform. The idea of this is tempting. After all, both are among the richest men in the world and have a great interest in the development of the crypto industry.
However, there is no evidence that either Elon Musk or Jeff Bezos even knows about the existence of PEMEX, let alone has any involvement in its development. The rumor of prominent support for PEMEX is a pure myth.
Customer Service
PEMEX advertises outstanding customer service that is available around the clock and takes care of its customers’ concerns. They can be reached by phone and chat.
But here too, the design of the platform puts obstacles in the way of our evaluation. It is not possible to confirm whether there is customer support on PEMEX and how well it works.
Is PEMEX serious – test verdict
After the PEMEX test, we are hardly any wiser than before. PEMEX provides some information about the most important features of the platform. In addition, the platform explains the registration process and provides information about additional services. The homepage also shows that this involves trading with CFDs, i.e. trading with different contracts on crypto prices.
Unfortunately, the statements made by the platform itself cannot be confirmed by third parties. There are also no alleged prominent supporters in reality. This rightly raises doubts about the seriousness of the platform. Doubts that are supported by negative reviews on Trustpilot. But at the end of the day, as an investor, you should always form your own opinion and evaluate for yourself whether you trust the platform or not.
PEMEX Frequently Asked Questions
What is PEMEX and how does it operate?
PEMEX is an advanced online trading platform that simplifies the process of trading crude oil. It uses advanced algorithms to analyze market data in real time and identify lucrative trading opportunities. Once a trading opportunity is found, the platform can automatically execute trades without any human intervention.
How can I initiate trading with Gas Profit?
To begin trading with Gas Profit, follow these three simple steps. First, sign up for a complimentary account on our official website. Once you verify your email address, your account will be activated. Second, collaborate with our dedicated personal brokers to deposit a minimum of $250. Finally, with your funded account, you can immediately access the lucrative trading opportunities in the commodity market.
How does Gas Profit help navigate market volatility?
PEMEX employs advanced trading technology that adapts to market volatility. It continuously scans and analyzes real-time market data, identifying potentially profitable trading opportunities even in highly volatile market conditions. This allows you to capitalize on market fluctuations and generate profits.
Is trading with us safe and secure?
Trading with PEMEX provides you with the utmost safety and security. We give top priority to safeguarding your privacy through robust identity verification procedures and resilient money transfer systems. Additionally, we offer transparent access to a secure trading environment.
Why should I diversify my portfolio with crude oil?
Diversifying your portfolio with crude oil can provide a hedge against market volatility. Despite fluctuations in other markets, crude oil maintains a level of stability due to its consistent demand and finite supply. Investing in crude oil can provide substantial returns, especially in today’s volatile market.