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.
  • Phemex Will Delist UST, ANC, MIR, CTX on May 13, 2022

    Phemex has decided to delist and cease trading on the following spot trading pairs at 2:30 UTC on May 13, 2022. UST/USDT ANC/USDT MIR/USDT CTX/USDT Please note: All trade orders will be automatically removed after trading ceases in each respective trading pair. To view your assets after trading ceases, please ensure you have not selected “Hide small assets” in your Funds page. Deposits of UST, ANC, MIR, or CTX after 2:30 UTC on May 13, 2022 will not be credited to your account. Please contact support@phemex.zendesk.com for additional support Withdrawals of UST, ANC, MIR, and CTX from Phemex have been…

  • Phemex is delisting LUNA perpetual contract

    As of today, May 12, 2022 Phemex will be delisting the LUNAUSD perpetual contract trading. We encourage users to stop trading and close open positions as soon as you can. Here is the delisting schedule: 10:15 UTC on May 12, 2022 – Phemex will only support ReduceOnly orders for LUNAUSD 10:45 UTC on May 12, 2022 – LUNAUSD perpetual contract gets delisted from Phemex. All orders and trading for LUNAUSD will be closed. All LUNAUSD positions still open after 10:45 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 10:15 UTC to…

  • Phemex Will Delist SOS on May 13, 2022

    At Phemex, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all our users. When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset: Commitment of team to project Level and quality of development activity Trading volume and liquidity Stability and safety of network…

  • CryptoNemo X Phemex – Join & Deposit for $20,000 Prize

    Hello Everyone, If you’re new to the Phemex platform, it’s your lucky day thanks to CryptoNemo! We’re partnering with crypto expert and content creator CryptoNemo to grant new Phemex users an amazing new sign-up bonus! During this campaign, we’ll have a $20,000 prize pool, from which new registrants can win $50 each. However, rewards run out after the prize pool is depleted so hurry and join now! How It Works Register for a Phemex account using CryptoNemo’s special promotional registration link. After you successfully sign up, you can deposit 10 USDT into your contract trading account to receive a $10…

  • Temporary suspension of Terra (LUNA) and TerraUSD (UST) withdrawals

    Dear Phemexers, Due to network slowness and congestion, we would like to inform you that Terra (LUNA) and TerraUSD (UST) withdrawals are temporarily suspended, starting from 4:00 UTC on May 10, 2022. LUNA and UST deposits will not be affected. Phemex will reopen withdrawals for LUNA and UST once the network stabilizes. Thank you for your support and understanding! If you have any concerns, please contact our 24/7 customer service team at support@phemex.zendesk.com.

  • Phemex Will Support the Ellipsis (EPS) Token Migration, Redenomination & Ticker Change to EPX

    Dear Phemexers, Phemex will support the Ellipsis (EPS) token migration, redenomination and ticker change. The ticker of EPS will be updated to EPX. Further details are as follows: At 10:00 UTC on May 9, 2022, Phemex will delist existing EPS spot trading pair (EPS/USDT) and cancel all pending EPS spot orders. At 7:00 UTC on May 9, 2022, Phemex will suspend all EPS deposits. At 7:00 UTC on May 12, 2022, Phemex will suspend all EPS withdrawals. Please make sure you have sufficient time to fully process your EPS assets before that time. If you still hold EPS on May…

  • New Spot Listings – MDT,NYM,TRVL and 6 other tokens!

    Dear Phemexers, Phemex will add the following 9 spot trading pairs at 10:00 AM UTC on May 7, 2022. Users can spot trade these tokens against USDT. New Spot Trading Coin Categories MDT Infra NYM Smart Contracts TRVL Innovation PHA Smart Contracts XYO Infra BLOK Metaverse TOMO Smart Contracts NEST DeFi BEND Infra   Happy Trading! Team Phemex

  • New Contract Listing: Metaverse Brawl – Battle for $20,000 Trading Bonus!

    Welcome Warriors, Phemex has listed four metaverse-related new contract trading pairs at 10:00 UTC on April 29 – SAND/USD, AXS/USD, GMT/USD, and APE/USD. We’re hosting a giveaway where you can pick one of these pairs to support, then battle others for the prize! Pick My Camp How to Battle: Click the button above to select which of the four trading pairs you’ll battle for. During the competition period, you can trade that pair to support it. The pair with the highest trading volume throughout this campaign wins! Eligible users who supported the winning pair can share $20,000 in trading bonuses….

  • Phemex Pulse Newsletter – April 2022

    Here is a copy of the April 2022 Phemex Pulse subscriber newsletter which covers all the latest news in the world of crypto as well as insightful guides, recent promotions, and other surprise content! Featured Crypto Projects What is Terra Having surged into the top 10 coins by market cap through a 15,000% rally in 2021, Terra is developing a decentralized, algorithmic stablecoin. What are Ronin and Katana Ronin was an unfortunate victim of a $600 million hack, seemingly sponsored by North Korea. So what is Ronin and its Katana DEX and why was it such a prime target?  …

  • New Contract Listings – NEAR/USD, GMT/USD, APE/USD, AXS/USD, and 36 others

    Dear Phemexers, Phemex has added NEAR/USD, GMT/USD, APE/USD, AXS/USD and 36 other trading pairs (listed below) to our contract trading platform at 10:00 AM UTC on April 29 2022 Trade Now Smart Contract: NEAR/USD, ZIL/USD, AVAX/USD, BNB/USD, MATIC/USD, FTM/USD, WAVES/USD, LRC/USD, 100IOST/USD, EGLD/USD, 100VET/USD, SKL/USD, ONE/USD, OMG/USD, GLMR/USD, KLAY/USD, ASTR/USD, DASH/USD Game-Fi: GMT/USD, AXS/USD, SAND/USD, GALA/USD, ALICE/USD, IMX/USD, 100SLP/USD Memes: 100000SHIB/USD, 1000000NFT/USD Innovation: DAO/USD, 100PEOPLE/USD NFT: APE/USD, THETA/USD Infra: 100JASMY/USD, ICP/USD DEX&DeFi: RUNE/USD, DYDX/USD, CRV/USD, SRM/USD, KNC/USD, FTT/USD   Risk Warning: Contract trading is a high-risk activity with the potential for huge gains and huge losses. This information should not…

  • May Madness – Earn $3000 for Referrals

    We are excited to announce a special referral event for May. You’ll be able to claim up to $3,000 in rewards just for inviting friends to Phemex. Details are as follows: Timeline: May 1 – May 30, 2022 For each friend you invite to Phemex who registers, verifies, and trades, you’ll receive a $40 bonus. Invite 20 friends to register, verify, and trade. Your total bonus increases to $1000 Invite 50 friends to register, verify, and trade. Your total bonus increases to $3000 Rules You qualify for the reward if your invitee completes registration, KYC verification, makes a single deposit…

  • Calling NFT Gamers! Win $100,000 in YGG

    Hello Phemex users, Want to expand your knowledge of the NFT market and win some free crypto at the same time? You’re in luck! Yield Guild Games is one of the biggest crypto projects in the Metaverse, and we’re giving away up to $100,000 in YGG tokens. All newly registered users who join this campaign will be able to win $20 usd worth of YGG and all participants are eligible to join a lucky draw for additional rewards if they answer a question correctly and share our Phemex Academy article. Furthermore, everyone who joins will receive our deluxe, 25-page long…