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.
  • Crypto Converter Now Supports New Coins

    Hello Phemex users, We’re happy to announce that the Phemex Crypto Converter now supports the four following conversions: BTC to USDT & USDT to BTC BTC to ETH & ETH to BTC ETH to USD & USD to ETH ETH to USDT & USDT to ETH If you’re not sure what the crypto converter is, check out this user guide. If you want more details on how to use the converter, refer to these instructions. Additionally, due to an upcoming system upgrade from 3:00 UTC to 5:00 UTC today (Dec. 23, 2021), the following functions will be temporarily suspended until…

  • Rewards Extravaganza Event – Phemex Phestival 2022

    Calling all traders, We’ve already announced the Banxa 0 Fee Deposits and Investment Bonus Event as part of Phemex Phestival 2022. Now, we’re launching the final event called Rewards Extravaganza! This one is just too good to pass up. During the event period, deposit and transfer assets into your contract trading account, and you’ll receive a trading bonus worth 3% of the assets you’ve transferred! Remember, buying crypto on Phemex counts as a deposit, and while the Banxa 0 Fee Deposits event is in place, you can buy crypto using Banxa with no fees. How does it work? Deposit BTC…

  • Investment Bonus Event – Phemex Phestival 2022

    Hello Phemex Users, We’re continuing the Phemex Phestival 2022 celebrations and another awesome event awaits you. This Investment Bonus event is available for those who have never made a deposit on Phemex. Users who participated in our Banxa 0 Fee Deposits event are also eligible to join this event, as long as your first deposit on Phemex occurs between 21st Dec. at 0:00 UTC and 27th Dec. at 11:59 UTC. This event allows you to earn additional interest income on our Earn Crypto investment program. During the campaign period, if you buy or deposit BTC or USDT for the first…

  • Banxa 0 Fee Deposits – Phemex Phestival 2022

    Hello Phemex Users, A new year is upon us, and to celebrate we’re hosting the Phemex Phestival 2022 which will consist of three awesome giveaway events. The first one is the Banxa 0 Fee Deposit event, which allows you to buy crypto through Banxa without paying any fees, and even winning USDT instead! Also, as part of Phemex Phestival 2022 we’re launching the Investment Bonus event and Rewards Extravaganza event! How it works:  During the event period, you can buy crypto using Banxa without being charged any credit card fees. This applies to all cryptos you can purchase with Banxa…

  • Airdrop Santa – Get $1000 in Crypto Airdrop for Free

    Ho Ho Ho! Phemex traders, have you been naughty or nice this year? Christmas is upon us once again, and to spread the holiday cheer we’re going to be holding a free airdrop of Santa Coins! From now through Christmas day, you can enter the lucky draw to win the airdrop by completing the embedded campaign actions below. $1000 worth of Santo Coins will be given out. The more tasks you finish, the greater your chances are to win! Follow the steps below to participate: Now you can view and complete all necessary actions directly on this announcement page! See…

  • What are Trial Funds and How Are They Used?

    Phemex Trial Funds are a type of user reward that can be attained through events, campaigns, and promotions. Unlike Trading Bonuses, Trial Funds are exclusively used with our Earn Crypto Investment Accounts. To learn more about Trading Bonuses instead, please read What is a Trading Bonus and How is it used? Trial Funds come in two forms: USDT Trial Funds (used with our USDT Investment Accounts) and BTC Trial Funds (used with our BTC Investment Accounts). Are Trial Funds the Same as Receiving Cryptocurrencies or Money? No, because trial funds are complimentary funds sent to either your BTC or USDT…

  • VPAD Spot Listing

    Phemex is happy to announce a long awaited listing: VPAD VPAD ($VPAD) is the native token of Vlaunch, a multi-chain launchpad that allows people around the world to invest in new and exciting projects. VPAD is backed by two of our closest partners, ChrisMMCrypto and CryptoMo, as well as many more thought leaders of the industry. Follow our social media channels and Vlaunch’s announcement channel for more information regarding giveaways and competitions related to the listing. The listing is scheduled for Wednesday the 22nd of December at 14:00 UTC, in collaboration with Skynet Trading, one of the world’s leading Liquidity…

  • How To Connect MetaMask Wallet to The Binance Smart Chain

    Step 1: Open the MetaMask wallet using your desktop or phone‍ Step 2: Open a wallet or import one, be sure to store your keyphrase safely Step 3: Go to settings Step 4: In settings select “Networks” Step 5: Select the add network button and input the following information: Network Name: BSC Mainnet New RPC URL: https://bsc-dataseed1.binance.org/ or https://bsc-dataseed2.binance.org/ ChainID: 56, or 0x38 if 56 doesn’t work Symbol: BNB Block Explorer URL: https://bscscan.com/ Step 6: Select the newly added BSC Mainnet network and you’re now connected to the BSC network. Step 7: Be sure to load your wallet with ample BNB (~.1) to pay transaction fees…

  • Grab a Coin – DYDX! 21,000 USDT prize pool for trading DYDX

    Hello Phemex users, To celebrate the new listing of DYDX on our spot trading platform, we’re hosting a new Grab a Coin to give you rewards for trading DYDX. Over the next week, you can win from up to 21,000 USDT prize pool. All you need to do is follow the embedded campaign actions below and complete the stated actions. After that, you can win by spot trading DYDX or by just being lucky. Follow the steps below to participate: Now you can view and complete all necessary actions directly on this announcement page! See below: Grab a Coin! DYDX…

  • Buy Crypto now supports new Fiat and Cryptos

    Dear users, Phemex is excited to provide support for additional fiat currencies and cryptocurrencies in our Buy Crypto with credit card feature. Our partner channels have added the following currencies for all Phemex users to easily purchase using credit or debit card: Channel Newly added fiat currencies Newly added cryptocurrencies Simplex ALL, AMD, ANG, ARS, AZN, BAM, BBD, BDT, BGN, BMD,BND, BOB, BRL, BWP, BYN, CLP, COP, CRC, DJF, DOP, EGP, GEL, GHS, GTQ, HKD, HNL, IDR, ILS, ISK, JMD, KES, KGS, KHR, KYD, KZT, LBP, LKR, MAD, MDL, MKD, MNT, MOP, MUR, MXN, MYR, MZN, NAD, NGN, QAR,PAB,PGK, PEN,…

  • Merry Phemex Christmas! Open up a $120,000 Present from Santa

    Dear users, The holiday season is upon us! Phemex wishes you and your family all the best, and what better way to celebrate than a festive USD giveaway. Let’s count down the 12 remaining days to Xmas together. And if you complete the tasks in the embedded Gleam campaign below, you’ll receive some amazing presents – from a $120,000 prize pool! Who knows, if you’re lucky…maybe Santa even has an iPhone Max 13 Max Pro in store for you. Follow the steps below to participate: Now you can view and complete all necessary actions directly on this announcement page! See…

  • Grab a Coin – FTM! Trade FTM and enjoy 21,000 USDT prize pool

    Hello Phemex users, To celebrate the new listing of FTM on our spot trading platform, we’re hosting a new Grab a Coin to give you rewards for trading FTM. Over the next week, you can win from up to 21,000 USDT prize pool. All you need to do is follow the embedded Gleam campaign actions below and complete the stated actions. After that, you can win by spot trading FTM or by just being lucky. Follow the steps below to participate: Now you can view and complete all necessary actions directly on this announcement page! See below: Grab a Coin!…