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.
  • NuCypher (NU) and Keep Network (KEEP) Token Merger Completed

    Dear users, NuCypher (NU) and Keep Network (KEEP) have been merged into Threshold Network Token (T). Please note: Deposits and withdrawals of NuCypher (NU) are no longer supported. The T/USDT Spot pair will go live on Phemex at 10:00 UTC on March 2, 2022. Deposits and withdrawals of T will begin to be supported at that time. The distribution of the new token, T, will be completed before 11:00 UTC on March 2, 2022. If you have any concerns, please contact our 24/7 customer service team at support@phemex.zendesk.com.

  • $3,000 Bonus for Newly Supported BSC(BEP20) Deposits

    Dear Users, Phemex has launched BSC(BEP20) support for USDT deposits and withdrawals. We’re also hosting a giveaway alongside this new functionality. From 0:00 UTC on March 2 to 23:59 UTC on March 4: Deposit USDT through BEP20(BSC) and get rewards of up to $3,000. Here are the rewards you can receive. Choose to win either up to a $3,000 trading bonus or 1,500 USDT. There can be 2,000 winners total (first come, first serve). You can check your current eligibility through this form. USDT BEP20 Net Deposits Trading Bonus USDT $200 4 2 $500 20 10 $1,000 35 25 $2,000…

  • Terra to the Moon! $1,000 LUNA Giveaway!

    Dear Traders, There are probably quite a few LUNAtics among us who are super pumped that LUNA has recently eclipsed Cardano and Solana to become the #7 biggest cryptocurrency by market cap! In celebration of such an achievement, we’re hosting a LUNA giveaway. LUNA is the native token of the Terra blockchain, an open-source network for algorithmic stablecoins. It’s seen an outstanding 78% growth over the past week, creating more and more LUNAtics along the way. Simply complete the campaign actions to qualify for our lucky draw, and you just might find yourself on the moon with LUNA. Follow the…

  • Earn Crypto Features New Coins and Higher APY!

    Dear Users, Phemex is excited to announce that Earn Crypto now supports the following new coins and features: ETH XRP LINK ADA Flexible, 7-day Fixed, and 14-day Fixed options for all new coins 14-day Fixed option added for BTC and USDT as well We’re also increasing the APYs on USDT-based Earn Crypto accounts to the following: Flexible USDT: 6% -> 7.5% APY 7-day Fixed USDT: 8.5% -> 10% APY 14-day Fixed USDT: 9.5% -> 11% APY If you’re new to Phemex, you can even take advantage of 100% APY for limited time only with the Stable With Phemex event. Earn…

  • Stable With Phemex – Enjoy 100% APY on Your Crypto

    Dear Users, In chaotic times, Phemex will always serve as a platform of stability for you to continue moving toward your financial dreams. When the world and markets are volatile, cryptocurrency can act as a powerful store of value to keep your assets stable and secure. That’s why we’re hosting the Stable With Phemex campaign, and increasing the APY of our Earn Crypto’s 7-day USDT Fixed Account to 100% for all newly registered users during the event period. For this limited time, new users can enjoy peace of mind to reliably increase their crypto interest income. Phemex supports global unity,…

  • Ethereum Coin Flip Event

    Hello Phemex Traders Are you ready for yet another Coin Flip event? This time you’ll be guessing on Ethereum price, and the prize pool will be 20 ETH total! How It Works Simply fill out this form and guess what ETH price will be at exactly 12:00 UTC on March 7th, 2022. From March 1 to March 6, you must perform at least $10 worth of spot trading (no restrictions on which coin). If you trade more than $100, $1,000 or 10,000, your potential bonus will be multiplied by 2x, 5x and 10x respectively. Guess First Then Trade Dates Make…

  • VPAD Airdrop Timeframe

    Following our discussions with the VPAD project, Phemex will be conducting VPAD airdrops to qualified Phemex users beginning at 2:30 UTC on Feb. 25, UTC. The airdrops will be sent in two waves, and should be completed by end-of-day on March 3, 2022.  Qualified users will receive airdropped VPAD tokens in their Phemex spot wallet. If you have any questions, please contact our customer service. Note: Selling is not the only way to profit from VPAD! If you choose to withdraw VPAD from Phemex, you can stake them at www.vlaunch.com/ and earn staking income on your tokens.

  • Simplex 0 Fee Deposits and Rewards

    Hello Phemex Users, Have you been itching to buy some additional crypto to add to your bags? We’re super excited to announce the Simplex 0 Fee Deposit event, which allows you to buy crypto through Simplex without paying any processing fees. Simplex is one of Phemex’s trusted fiat partners that helps facilitate secure and convenient crypto purchases using credit card. If you buy crypto through Simplex during this event, not only can you save on fees, you’ll even enjoy the opportunity to win bonuses from two separate prize pools! How it works:  During the event period, you can buy crypto…

  • Phemex Up/Down Coin Flip

    Hello Phemex Traders We are launching the first round of the Up/down Coin Flip event! This time the prize pool is rising to 100,000 USDT! Rules Simply fill out this form and guess the range of BTC price change at exactly 8:00 UTC on Feb. 22, compared to its price of $40,712 which is BTC price at 8:00 UTC on Feb. 18. From 10:00 UTC on Feb. 18 and 7:00 UTC on Feb. 22, you must perform at least $50 worth of spot trading (no restrictions on which coin). Guess First Then Trade Dates Make a Guess and Spot Trade:…

  • Phemex Will Support the NuCypher (NU) and Keep Network (KEEP) Token Merger

    Dear users, Phemex will support the token merger between NuCypher (NU) and Keep Network (KEEP) to become Threshold Network token (T). Details are as follows: At 10:00 UTC on February 18, 2022, Phemex will delist NU spot trading pair (NU/USDT) and cancel all pending orders. At 0:00 UTC on February 24, 2022, Phemex will suspend all NU deposits and withdrawals. If you still hold NuCypher (NU) at 3:00 UTC on March 1, 2022, Phemex will take a snapshot of your NU balance and exchange it for T within the next five days based on the real-time market price. Your assets…

  • Grab a Coin ANKR NU OCEAN – $100,000 Prize Pool!

    Hello Phemex users, After recently listing 12 new spot trading assets, we’re continuing to host Grab a Coin events to give away more prizes! This time we’re featuring three trendy assets – ANKR, NU, and OCEAN and keeping the impressive $100,000 prize pool to new users on a first-come, first-serve basis. Simply complete the necessary campaign actions listed on this page to win. 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: ANKR, NU, OCEAN Dates There are three stages total. The most crucial…

  • Spread the Love with 30,000 SLP Giveaway!

    Dear Traders, We want all of you to feel the love during this Valentine’s Day, and what better way than through a Smooth Love Potion (SLP) giveaway! As a newly listed spot asset on Phemex, SLP is a utility token within the Axie Infinity gamefi ecosystem that’s seen tremendous success in recent weeks. Simply complete the campaign actions to qualify for a SLP lucky draw, and you might just be celebrating this Valentine’s Day in style. Follow the steps below to participate: Now you can view and complete all necessary actions directly on this announcement page! See below: Mood For…