Phemex Blog
Phemex Crypto Blog: Learn the latest news, updates, and industry insights on bitcoin futures, bitcoin trading, crypto derivatives exchange, and related blockchain technology.
  • New Contract Listing – FOOTBALL

    Dear Users, Phemex will be listing the new contract trading pair FOOTBALL/USD at 10:00 UTC on September 7, 2022. FOOTBALL — This is a Football Fan Token price index that tracks the market performance of certain football club Fan Tokens. The Index is calculated by a formula that uses the weighted averages of the real-time prices of the relevant Fan Tokens. Index Calculation Index The Football Fan Token Index is calculated by reference to the weighted average prices of the Fan Tokens that constitute the Index, e.g., SANTOS/USDT, PORTO/USDT, LAZIO/USDT, etc. The Index formula is as follows: This formula ensures…

  • Tuesday Lucky Number – Collect Easy Bonus

    Dear Users, Another Tuesday, another terrific giveaway! This time the rules are simple – just deposit then transfer at least $50 to your contract trading account and you’ll be rewarded with a $10 trading bonus. But that’s not all. Participants with lucky number “2” in their UIDs will also collect an additional 5 USDT. See details below on how to enter, rewards are limited to the first 200 users so hurry and join now! How It Works Register for a Phemex account if you don’t already have one Fill out this form to let us know your UID During the…

  • Pausing ETH and ERC20 Deposit & Withdrawal due to ETH Merge Upgrade

    Dear Users, Due to the Ethereum Merge Bellatrix upgrade, Phemex will temporarily suspend the deposit and withdrawal of ETH and ERC-20 tokens on our platform starting at 9:30 UTC on Sept. 6, 2022. These services will resume at a later time after the network stabilizes, and will be notified through a subsequent announcement. Thank you for your understanding. Phemex Team

  • Phemex VIP Program Upgraded

    Dear Users, As of today, the Phemex VIP program has been further enhanced and now VIP tiers are shared across Spot and Contract! Whichever one you qualify for higher level in, you can access that level’s benefits for both. For example, if your trading volumes qualify you for Spot VIP level 1 in spot and Contract VIP level 5, then you’ll automatically be able to enjoy level 5 for both Spot and Contracts. Contract VIP Levels: Spot VIP Levels:  Even more VIP Privileges are coming soon so stay tuned! Phemex Team

  • Details Regarding Phemex Support of Ethereum Merge

    Dear Phemex Users, According to the Ethereum Foundation’s announcement, the Ethereum Merge will be conducted through two upgrades: The first upgrade has been named Bellatrix, which will upgrade the ETH consensus layer when the Beacon Chain reaches an epoch height of 14,896, estimated to occur around Sept. 6, 2022. The second upgrade is called Paris and will be applied to Ethereum’s execution layer. It will occur when Ethereum’s PoW chain achieves a Terminal Total Difficulty (TTD) value of 58750000000000000000000. At that time Ethereum’s Proof-of-Work chain will cease and the execution layer will be merged into the Ethereum network and run…

  • Phemex Deposit Dazzle – Win $5,000 just for Depositing!

    Dear Phemex Users, Great news! We’re bringing back our popular Deposit Dazzle event once again so you can grab some easy bonuses. It’s simple — just deposit BTC or USDT and we will reward you with up to a $5,000 bonus in BTC and USD! Get Bonus Now How to join? Sign up for the event here Deposit BTC or USDT; Transfer the new deposits to BTC or USD trading account; Rewards Participants can receive trading bonuses in both their BTC and USD trading accounts. Dates [Stage 1] Deposit and Transfer: 0:00 UTC from Sept. 1 to Sept. 19, 2022…

  • September Referral Rewards – Get $200 prize with ease!

    Dear Users We’re super excited to announce that our September referral event is now going live. This time, we’ve prepared even more trading bonuses that you can easily grab and use to elevate your crypto journey. Task 1 Invite 1 friend to deposit 50 USD and complete a trade using $50 margin, and you get $5 bonus. Invite 1 friend to deposit 500 USD and complete a trade using $500 margin, and you get $20 bonus. Invite 1 friend to deposit 5,000 USD and complete a trade using $5,000 margin, and you get $200 bonus. Task 2 During the event…

  • Phemex Will List TKB on Spot Market

    Dear Phemex Users, We will be listing TKB on the Phemex spot market at 12:00 UTC on September 1, 2022. Users will be able to trade this against USDT. About Tokenbot TokenBot® is a tokenized private cross-exchange liquidity trading network that connects algorithmic investment strategies to all participating exchanges available on the network. Further Information on TokenBot: Website: Whitepaper Link Twitter: Discord : General Contact:

  • Tuesday Lucky Draw – Grab an Easy 50 USDT

    Dear Users, Let’s celebrate another Tuesday together with a quick and sweet giveaway! For this Lucky Draw event, you simply need to deposit for over $20 during the coming week to qualify. We’ll pick out 5 lucky winners to receive 50 USDT each. It’s really that simple so join now and get trading! How It Works Fill out this form to let us know your UID Deposit over $20 volume during campaign period to qualify Out of all qualified users, we will randomly select 5 lucky winners to win 50 USDT each The winners list will be posted via announcement…

  • TokenBot (TKB) Sale on the Phemex Launchpad

    Dear users, It’s better late than never! After a slight delay, TokenBot (TKB) is now finally coming to the Phemex Launchpad! As always, you must be a Phemex user to participate, so if you aren’t yet then make sure to register for a Phemex account. The token sale for TKB will adhere to the standard Launchpad subscription format and we’ll start recording user USDT balances starting at 5:01 UTC on August 28, 2022 using the calculation method found here. Phemex will record user USDT balances for 3 days from 5:01 UTC on August 28 to 5:01 UTC on August 31,…

  • New Contract Listing – STG

    Dear Users, Phemex will be listing the new contract trading pair STG/USD at 10:00 UTC on August 26, 2022. STG — the native token of Stargate Finance, a composable native asset bridge that empowers DeFi through instant guaranteed finality.   Happy Trading! Phemex Team