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 – HFT

    Dear Traders, Phemex is listing the new contract trading pair HFT/USD at 13:30 UTC on November 7, 2022. HFT –  Hashflow is a decentralized exchange that allows users to trade any asset on any chain in seconds simply by connecting their wallet. All trades are commission-free, and all price quotes are executed at their displayed price, giving you the most value for your buck on every trade. You can learn more about HFT on the project’s website: https://hashflow.com/ Happy Trading, Phemex Team

  • November Referral Friends:Refer Your Friends and Earn up to $350 airdrop per referral

    Dear Phemexers, We’re super excited to bring you guys another awesome Referral Friends event with enhanced rewards. Starting from November 7, you’ll be able to enjoy easy and convenient access to referral bonuses. This time, invitees are also rewarded! By simply registering through a referral link, they’ll win $5 in contract trading bonus. After your invitee makes trades, you can get up to 350 USDT airdrop while they receive up to 155 USDT. It’s totally win-win, and everyone can get started on their crypto trading journey with an extra boost. Reward Details Task 1 – Getting Started Bonus: For each…

  • Jot Art (JOT) Sale on the Phemex Launchpad

    Dear users, It’s been awhile but there’s a new exciting project that will be taking off on the Phemex Launchpad! This time, the featured project is Jot Art, a burgeoning metaverse and GameFi ecosystem that’s run on its native JOT token. 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 JOT will adhere to the standard Launchpad subscription format, but this time users can subscribe with either USDT or USDC. We’ll start recording user account balances starting at 5:01 UTC on Nov. 11,…

  • Notice of System Email Migration

    Dear Users, Our Phemex email system will be migrating today, from do-not-reply@phemex.com to do-not-reply@service.phemex.com. So moving forward, you will be receiving emails from the new do-not-reply@service.phemex.com address regarding system notices such as log-in verification code, payment alerts, and more. Phemex Team

  • Date with Doge – Win 36,000 DOGE Airdrop

    Dear Users, Woof Woof, what an amazing few days for Dogecoin! As the Dogefather Elon finalized his acquisition of Twitter, Dogecoin has been shooting straight for the moon. To celebrate, we’re letting you get in on the action by giving away 36,000 DOGE airdrop to our Dogecoin contract traders! Simply trade our DOGE/USD contract on Phemex during the campaign period, and doggone it, you’ll probably be winning some extra rewards. How It Works Register for a Phemex account if you don’t have one already Fill out your UID on this google form to participate Trade DOGE/USD perpetual contract on Phemex…

  • 6 New Spot Listings -PSG, CITY, JUV, ATM, ASR, BAR

    Dear Users, At 8:00 UTC on Nov. 2, 2022, Phemex will be listing 6 new spot trading pairs that represent 6 different fan tokens for major football clubs. PSG/USDT – Paris Saint-Germain Fan Token CITY/USDT – Manchester City Fan Token JUV/USDT – Juventus Fan Token ATM/USDT – Atletico De Madrid Fan Token ASR/USDT – AS Roma Fan Token BAR/USDT – FC Barcelona Fan Token Happy Trading, Phemex Team

  • New Contract Listing – GMX

    Dear Traders, Phemex is listing the new contract trading pair GMX/USD at 10:00 UTC on November 1, 2022. GMX –  GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing. You can learn more on the project’s website: https://gmx.io/ Happy Trading, Phemex Team

  • New Spot Listing – RED

    Dear Users, Phemex will be listing RED/USDT on our spot market at 10:30 UTC on October 31, 2022. RED – The Red Token ECONOMY project was launched to create an unparalleled entertainment platform that radiates from the heart of Tokyo to the physical and digital worlds – bringing Japan’s gaming spirit to its peers around the world. Find more details on the RED here: https://red-token.io/ Happy trading! Phemex Team

  • Copy Trading Upgrade on November 1

    Dear Users, Phemex will be upgrading our one-click Copy Trading features and processes on November 1, 2022. Through this upgrade, we’d like to give more users the opportunity to copy the Top Traders they want. Therefore, users who are currently on the copier lists of Top Traders but who have failed to successfully copy trades or don’t have the minimum balance required in their Copy Trading Accounts will be removed from copier lists. These users can still manually rejoin as copiers afterwards. Phemex Team

  • Phemex is Delisting 4 Contract Trading Pairs – ILV, BIT, ASTR, 1000000NFT

    Dear Users, On October 29, 2022 Phemex will be delisting 4 perpetual contract trading pairs. We encourage users to stop trading and close open positions as soon as you can, the four pairs to be delisted are: ILVUSD BITUSD ASTRUSD 1000000NFTUSD Here is the delisting schedule: 10:15 UTC on Oct. 29, 2022 – Phemex will only support ReduceOnly orders for the 4 contract pairs mentioned above 10:45 UTC on Oct. 29, 2022 – Above 4 perpetual contracts get delisted from Phemex. All orders and trading for these four pairs will be closed. All positions still open for these trading pairs…

  • PIT Challenge – Trade to win $20,000 in PIT!

    Dear Users, We’ve recently listed PIT on our spot market. This is the native token for Pitbull, which is a community-driven, dog-themed meme coin that rewards its investors through an auto-staking mechanism. Today we’re happy to unveil an awesome trading competition designed just for PIT! Take on our New Coin Challenge and trade against others to win PIT. All you need to do is trade the new PIT/USDT pair during the campaign period. Not only will you get exposure to this hot new asset, you may be able to pick up some extra giveaway rewards as well! Follow the steps…

  • Adjustments to Contract Risk Limits and Ticker Sizes

    Dear users, On November 3, 2022, Phemex will adjust our contract risk limits and ticker sizes. We impose risk limits to help clients manage their risks. Basically, the larger a position is, the smaller the leverage allowed. As our users grow more professional, we adjust the risk limit & leverage to allow more flexibility and better user experience. Please find our newly adjusted risk limits and ticker sizes below: Newly adjusted risk limits (maximum leverage, IM% and MM%) for BNBUSD, ADAUSD, DOTUSD, SOLUSD, LTCUSD, XRPUSD, DOGEUSD, ATOMUSD, LINKUSD, XTZUSD, TRXUSD, ETCUSD, MATICUSD, 100000SHIBUSD, AVAXUSD, and UNIUSD: Position Max Leverage IM%…