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ABOUT US

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Our Story
Back in 2017, as experienced professional Wall Street traders and investors, Jack Tao and other founding members of Phemex identified a lack of professionalism, trustworthiness, and customer support within the crypto industry. In the following two years, the number of users engaging in cryptocurrency trading increased significantly. Nevertheless, existing exchanges showed little to no improvement. Realizing the seriousness of the problem, the team left Wall Street and founded Phemex in the summer of 2019. They then dedicated themselves to building a simple, efficient, but most importantly, a trusted cryptocurrency trading platform. Then, on November 25th, 2019, the Phemex platform officially went live.
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Why Phemex
Pheme (Fama) is the personification of fame and of the public's voice in Greek mythology. While MEX stands for mercantile exchange. This name was chosen to highlight our vision and our dedication to stand as the most trustworthy trading platform.
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Our Mission
To empower everyone to trade simply and manage risk efficiently
From day one, our mission was and will always continue to be the empowerment of individuals. We want everyone in this world to have access to the right set of tools that will allow them to manage risk efficiently and trade simply. We sincerely believe this to be a fundamental right that all traders should enjoy.
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Our Vision
Become the most trustworthy cryptocurrency and derivatives trading platform
We see ourselves becoming a leading financial services provider in this industry, one that is unrivaled in trustworthiness, honesty, and integrity. Above all else, we wish to stand out for how we treat our customers. However, we will never compromise or abandon our firm commitment to deliver the highest level of quality products and services as we continue to grow with our community.
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Our Values
Led by 8 former Morgan Stanley Executives, Phemex's goal is to build the worlds most trustworthy cryptocurrency derivatives trading platform. We leverage a “User-Oriented” approach to develop far more powerful features than any existing exchange.
Above all, we place customers first. All of our features and tools are designed with this philosophy in mind. This is why our development team is directly available and constantly gathering feedback, comments, and requests from our community on social media.
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MSB Registration
Phemex is the most trustworthy platform. We are now a fully registered Money Services Business (MSB) with the Financial Crimes Enforcement Network Department. Safely deposit and trade your funds on a platform that is entirely worry-free.
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Phemex is a professional and trustworthy global cryptocurrency and derivatives trading platform.
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PHEMEX RISK WARNING
INVESTING INHERENTLY INVOLVES RISKS, DO SO AT YOUR OWN RISK.
THIS PHEMEX RISK WARNING ILLUSTRATES POTENTIAL RISKS THAT YOU MAY FACE WHILE USING PHEMEX.COM AND ALL OF ITS ASSOCIATED SERVICES, AND AIMS TO HELP YOU EVALUATE AND DETERMINE YOUR OWN CAPABILITIES. PLEASE MAKE SURE THAT YOU CAREFULLY READ AND FULLY UNDERSTAND THE TERMS, ARTICLES AND/OR CONDITIONS OF THIS PHEMEX RISK WARNING. BY CONTINUING TO USE PHEMEX.COM YOU HEREBY ACKNOWLEDGE THAT YOU HAVE ACCEPTED THE RISKS DISCLOSED UNDER THIS PHEMEX RISK WARNING. PHEMEX RESERVES THE RIGHT TO MODIFY ANY OF THE TERMS OF THIS PHEMEX RISK WARNING WITHOUT PRIOR NOTICE. IF ANY OF THE TERMS HEREUNDER ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT USE PHEMEX.COM. CRYPTOCURRENCY TRADING IS HIGH-RISK AND SPECULATIVE, IT IS IMPORTANT THAT YOU UNDERSTAND THE RISKS BEFORE YOU START TRADING.