Dear Users, At 10:00 UTC on February 21, 2023 Phemex will be listing FLOKI/USDT, CFX/USDT, and STX/USDT as new linear contract trading pairs that are all USDT-margined. FLOKI/USDT – Floki is the people’s cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu community and is inspired by (and named after) Elon Musk’s Shiba Inu. Learn more at https://floki.com/ CFX/USDT – Conflux is a high throughput first layer consensus blockchain that utilizes a unique Tree-Graph consensus algorithm, enabling the parallel processing of blocks and transactions for increased throughput…

Dear Users, Due to wallet maintenance, deposit and withdrawal services for mainnet Solana (SOL) tokens are temporarily suspended to ensure the safety of your assets. We apologize for any inconvenience and thank you for your patience. Relevant follow-ups will be announced separately as soon as possible. Phemex Team

Dear Users, At 10:00 UTC on February 17, 2023 Phemex is planning to list SSV/USDT and RPL/USDT as new spot trading pairs. SSV – ssv.network is a decentralized staking infrastructure that enables the distributed operation of an Ethereum validator. This is achieved by splitting a validator key between four or more non trusting node instances. Learn more at https://ssv.network/ RPL – Rocket Pool is a decentralized Ethereum staking pool offering up to 4.33% APR for ETH2 staking. Users can join the Rocket Pool with its decentralized node operator network or run their own nodes with only 16 ETH. Learn more…

Dear Users, At 10:00 UTC on February 17, 2023 Phemex will be listing two new linear contract trading pairs that are both USDT-margined. These new listings are: AGIX/USDT – SingularityNET is a blockchain-powered platform that allows anybody to easily “create, share, and monetize” AI services, thanks to its globally-accessible AI marketplace. Learn more at https://singularitynet.io/ PHB/USDT – Phoenix is a Layer 1 and Layer 2 blockchain infrastructure, empowering intelligent Web3 applications and focusing on the next generation of AI & Privacy-Enabled Web3 Apps. Learn more at https://www.phoenix.global/ These 2 trading pairs both support hedge mode, allowing you to keep both…

Dear Users, At 11:00 UTC on February 15, 2023 Phemex will be listing two new linear contract trading pairs that are both USDT-margined. These new listings are: BLUR/USDT – An NFT marketplace for pro traders. As an innovative NFT trading platform, Blur lets users sweep and list across marketplaces, snipe reveals, and manage their portfolio faster than anywhere else. Learn more at https://blur.io/ ASTR/USDT – Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual…

Dear Users, Phemex will be delisting the BNX/USDT trading pair from our spot market at 3:00 UTC on February 16, 2023. The delisting schedule: 3:00 UTC on February 16, 2023 – BNX/USDT gets delisted from Phemex. All pending trade orders will be automatically removed roughly 1-3 days after the delisting time. Deposits of BNX after the above 3:00 UTC on Feb. 16 will not be credited to your account. Withdrawals of BNX from Phemex will continue to be supported until further notice We thank you for your support as we continue to build the crypto ecosystem in a way that…

Dear Users, To promptly give our traders access to the hottest projects, Phemex is planning to list BLUR/USDT as a new spot trading pair on February 14, 2023 at 18:00 UTC. BLUR – An NFT marketplace for pro traders. As an innovative NFT trading platform, Blur lets users sweep and list across marketplaces, snipe reveals, and manage their portfolio faster than anywhere else. Learn more at https://blur.io/ Happy trading! Phemex Team

Dear Users, Phemex is delisting the BNX/USD and BNX/USDT perpetual contract trading pairs on February 11, 2023. We encourage users to stop trading and close open positions as soon as you can. Here is the delisting schedule: 7:30 UTC on Feb. 11 – Phemex will only support ReduceOnly orders for BNX/USD and BNX/USDT contracts 8:00 UTC on Feb. 11 – All orders and trading for these trading pairs will be closed. All positions still open for these pairs after 8:00 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 7:30 UTC to…

Margin trading allows users to trade with leverage on the Phemex spot market by using borrowed funds. This feature increases purchasing power and magnifies returns on profitable trades relative to ordinary spot trading. Funds used to open a margin trading position consist of the margin – which refers to the borrowed funds, and the collateral – which the trader puts up themselves. Interest must be paid on the borrowed funds so when the position is closed, proceeds are used to first repay the margin loan. You can read more about margin trading on our Blog article – What is Margin…

Dear Users, Phemex is listing 3 new spot trading pairs – HOOK/USDT, AGIX/USDT, and GMX/USDT at 10:00 UTC on February 10, 2023. HOOK – Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. Learn more at https://hooked.io/ AGIX – SingularityNET is a blockchain-powered platform that allows anybody to easily “create, share, and monetize” AI services, thanks to its globally-accessible AI marketplace. Learn more at https://singularitynet.io/ GMX – GMX is a decentralized spot and perpetual exchange that supports low…

As a new feature now available on the Phemex, margin trading allows users to trade with leverage on the spot market using borrowed funds. For more information on what margin trading is, check out What is Margin Trading? Here is a step-by-step guide on how to margin trade on Phemex. Enabling Margin Trading and Placing Order Register or make sure you’re logged into your Phemex account In order to margin trade, you must first enable the feature. Visit your Assets overview page and go to your Margin Trading Account. Click the button Enable Margin Trading. After clicking, you will be…

Dear Users, On February 6, 2023, Phemex will be implementing a Special Treatment (ST) feature in order to better protect our users and promote the responsible development of the blockchain industry. Through this feature, a “ST” warning tag will be placed next to ticker symbols of designated projects on the spot market that are deemed to be at risk for delisting, typically due to poor liquidity or other risk factors. If a listed project meets the criteria listed below, then Phemex is entitled to tag the project with “ST” (Special Treatment) symbol. This means that the project will be carefully…