Dear Users, Deposit and withdrawal service for FIL is temporarily suspended due to the Filecoin (FIL) network upgrade. FIL trading is not affected during the network upgrade. We apologize for any inconvenience and thank you for your patience. These services will be reopened as soon as possible once the upgraded network becomes stable. Phemex Team

Phemex recently launched margin trading on the spot market, allowing you to take up to 5x leverage and borrow against your crypto to maximize profits. We offer industry-leading low interest rates and partial liquidation mechanisms for better risk management. A few days ago we even added an additional 28 trading pairs and assets to be used as collateral. Best of all, you’ll now be able to implement leverage on spot trading without having to sell your coins. To celebrate, we’re now hosting the Margin Madness event and giving away 11,000 USDT in the process! During this event period all users…

Dear Users, Deposit and withdrawal services for the following tokens have been restored. USDC (excluding Arbitrum chain) DAI USDP TUSD AAVE ENS MKR SNX ENJ KNC MANA REN YFI ZRX BAT Phemex Team

Dear Users, Deposit and withdrawal services for the following tokens are temporarily suspended to ensure the safety of your assets. USDC DAI USDP TUSD AAVE CRV ENS MKR SNX WBTC stETH FEI BAL ENJ KNC MANA REN YFI ZRX BAT We apologize for any inconvenience and thank you for your patience. These services will be reopened as soon as possible, and you will be notified. Phemex Team

Dear Users, As of March 10, 2023 we have comprehensively upgraded our take profit and stop loss order features for contract trading. Key improvements are as follows: 1. For both desktop and app, take profit, stop loss, and trailing stop orders can now be implemented for partial positions.  On the contract trading interface, simply hover over setting and choose Partial under Position TP/SL You can now set take profit, stop loss, or trailing stop for a portion of an open position by toggling the size of TP/SL order 2. Take profit and stop loss orders now support limit and post-only…

Dear Users, We’re happy to announce the release of PNL Analysis on our Phemex mobile app. Users will now be able to see real-time data on their PNL history directly from the mobile device. PNL Analysis supports account selection, custom time periods, and data from the past six months. The new feature includes four segments: Data Dashboard, Income Trend, Daily PNL, and Transaction Analysis. All of these display relevant information based on the selected account and time period. Daily PNL segment supports both Bar chart and Calendar displays. Tapping each date will show that day’s Realized PNL, Unrealized PNL, EXC…

Dear Users, To promote responsible development of the blockchain industry, create a healthy digital asset environment, and protect the rights and interests of our users, Phemex continuously monitors the performance of each listed project. Phemex has been implementing a “Special Treatment (ST)” mechanism to certain listed projects on the spot market in accordance with our ST rules, in order to alert users about the risk of trading such tokens. After a certain observation period, Phemex will delist the below 2 spot trading pairs according to the Special Treatment Rules on Phemex: TKB/USDT BRISE(1K) / USDT The delisting schedule will be…

Dear Users, At 10:00 UTC on March 9, 2023 Phemex will be listing TRU/USDT and PERP/USDT as new linear contract trading pairs that are all USDT-margined. TRU/USDT – TrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs. Learn more at https://truefi.io/ PERP/USDT – Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can go long or short with leverage on a growing number of assets like BTC, ETH, DOT, SNX, YFI and…

Dear Users, Phemex now offers USDT-margined perpetual contracts, allowing traders to open long and short positions with no expiration date that will be settled in USDT. These perpetual contracts are priced in USDT, and all margin, profit, and loss are also calculated in USDT. Take the BTC/USDT pair for example, if a trader holds a long position on a 1 BTC contract and the price of BTC rises by $100, then the trader’s profit is 100 USDT. Below are some specific advantages that USDT-margined contracts provide, and we fully recommend that you trade them. 1) More Precise Price Accuracy For…

Dear Users, Phemex has completed the token swap of BinaryX (BNX). Phemex has recovered all BNXOLD balances and finished the distribution of BNX to all eligible users at a ratio of 1 BNXOLD = 100 BNX. (The old BNX token has assumed BNXOLD as the ticker on Phemex.) The deposit and withdrawal services are now open. Phemex will list the BNX/USDT trading pair on our spot market at 10:00 UTC on March 7, 2023. Please note: The deposit and withdrawal services for BNXOLD tokens are no longer available. For further information on the token swap, please refer to: Phemex Will…

Dear Users, At 11:00 UTC on March 7, 2023 Phemex will list the RLC/USDT trading pair on our spot market. RLC – iExec is the pioneer in blockchain-based decentralized computing. With blockchain, a market network is established where users can charge for their computing power, programs, and datasets. Learn more at https://iex.ec/ Happy trading! Phemex Team

Dear Users, At 10:00 UTC on Mar. 7, 2023 Phemex is listing HBAR/USDT, CKB/USDT, AMB/USDT and RLC/USDT as new linear contract trading pairs that are all USDT-margined and support hedge mode. HBAR/USDT – Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm. Learn more at: https://hedera.com/ CKB/USDT – The Nervos Network is an open source public blockchain ecosystem and collection of protocols creating the foundation for a universal internet-like public network. Learn more at: https://www.nervos.org/ AMB/USDT – Powered by the Ambrosus Network blockchain with minimal transaction fees, AirDAO is…