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.
  • System Maintenance for October 20th

    We have scheduled a system maintenance and upgrade for October 20th that will last for 3 hours from UTC 2:00 AM to 5:00 AM. During the system upgrade, spot trading of MATIC/USDT and AXS/USDT pairs will temporarily close. Other trading pairs will not be affected. To prevent any potential for loss, please cancel all orders related to spot MATIC/USDT and AXS/USDT, including conditional orders, before the system upgrade. If orders are not manually closed, they will be automatically closed by the system during the scheduled maintenance.

  • Phemex Turkey has Launched

    Hello Traders! Phemex is constantly on the lookout to grow our family and improve our users’ experience around the globe. We’re happy to announce that the Phemex Turkey platform has launched on October 12th. Phemex TR gives our Turkish users even more convenient ways to buy and sell crypto using the Turkish Lira. It’s backed by our 4S model of Simple, Secure, Solid, and Speed. The Turkish language version of the Phemex global site will remain functional and available. Thank you to all those who attended our Phemex TR launch party on October 12th. In our launch party giveaway, 3…

  • BTCUSD USD-Margin Contract Now Available

    As of 3:00 UTC  on October 9th, 2021 Phemex has listed BTCUSD USD-Margin linear contract. The link is https://phemex.com/trade/BTCUSD. The link to our previous BTCUSD BTC-Margin inverse contract has been changed to https://phemex.com/trade/inverse/BTCUSD.

  • Phemex X LOT 3rd Competition Winners!

    Dear traders,  The League of traders X Phemex trading competition has finished! We are pleased to announce that we had 254 participants in this competition, with a prize pool of 1 BTC We appreciate everyone’s participation. Hope you all achieved some great results and enjoyed the contest. Congratulations to the TOP 3 winners below!   As stated in our competition rules, the TOP 10 Traders are as follows : TOP 10 Winners Ranking Usename Pnl Phemex UID Prize(BTC) 1 tingo 795.21% 2279908 0.35 2 Spooner 659.67% 1166331 0.25 3 ssin 581.21% 768368 0.15 4 sweta 353.06% 1801245 0.05 5 Julian231…

  • Phemex Mobile App – New and Improved

    Hello Phemex Users! We’re thrilled to announce the launch of our upgraded Phemex Mobile App 2.0. In addition to all the benefits you’re used to with our previous App, this new version comes turbocharged with several advanced features and a gorgeous new design and interface. Find out more details below: Key Upgrades Add to Favorites: Just one click to favorite specific cryptocurrencies for convenient access and quick updates. Share Closed Positions: Want to show off your successful trades? Your friends, family, and contacts can see your closed positions if you choose to share! Previously the App only supported the sharing…

  • Create Phemex! Win up to $5000 Celebrating Our New Look

    Today Phemex is launching a new visual interface so our website and mobile app look lovelier than ever! To celebrate, we’re giving away $5,000 worth of BTC, trading bonuses, and merchandise! Simply click on our Gleam campaign, complete the stated actions, and flex your creative muscles by customizing our new logo. How to join? Please follow the steps below to participate in the Create Phemex event. Register for a Phemex account if you don’t have one Access the Gleam campaign here Complete the Gleam campaign actions Download our new logo below by right-clicking and selecting “Save Image As…” Put your…

  • Changes to Phemex Services in South Korea

    To proactively comply with local regulations, Phemex will suspend services in South Korea as of today, September 23, 2021. The continuation of such services may occur at a later time, still to be determined. We apologize for any inconvenience. Phemex is committed to working alongside regulators and policy-makers to benefit every user.

  • Changes to Premium Membership

    Hello Traders! On September 23, Phemex will be making several changes to our premium membership benefits. Please see the details below. Key Changes to Premium Membership KYC must be completed before a user can receive, try, or use premium membership For premium members, zero spot trading fees will apply for all trading volume up to $1 million per day and $5 million per month. Any trading volume above these limits will be subject to our regular 0.1% trading fee. For example, if a premium user spot trades $1.5 million in one day, then $1 million of that will have zero…

  • Grab a Coin SOL Round 2! Cash in on $47,000 Prize Pool

    Hello Phemex users, Solana is flying like a rocket ship these days, so we’re launching another Grab a Coin event for SOL! Over the next week, you can win from a $47,000 prize pool of SOL and USD. All you need to do is click on our Gleam campaign and complete the stated actions. After you successfully join, you can win via SOL deposit amount, SOL spot trading volume, or by just being lucky. How to join? Please follow the steps below to participate in the Grab a Coin event. Register for a Phemex account if you don’t have one…

  • Enjoy Doubled APY for Earn Crypto

    Hey Phemex Users! For a limited time, we’re doubling the APY on our Earn Crypto asset management product. This would be specifically for the 7-days Fixed Savings account, which will feature doubled APY from 10% to 20%! There will be a Total Available Fund Limit of 5,000,000 USDT, so hurry up and join before the available limit is used up by other participants. How to join? Please follow the steps below to participate in the Limited Time Offer for Earn Crypto. Log into your Phemex account Join the promotion via the Earn Cypto limited promotion page Make USDT or BTC…