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: Pause for GOLD, UNI, and BCH Trading

    Dear Traders, This Friday, June 4th, between 2:30 AM and 3:30 AM UTC, we will be performing system maintenance upgrades on our servers. This will temporarily affect trading for GOLDUSD, UNIUSD, BCHUSD. Contract Trading for these pairs will be unavailable. Please manage your positions in advance. All other symbols will be unaffected. Thank you for your patience and support. Team Phemex

  • PT Arena 3: Compete for $750,000!

    We have just launched the 3rd edition of our Phemex Trader’s Arena! Last time was a big success, so come back and join the battle again! For those that don’t know, the Phemex Trader’s Arena (#PTArena) is a BTC/USD crypto contract trading competition that pits different teams of traders against each other as they compete for a maximum prize pool of $750,000 worth of Bitcoin. The stakes are enormous, so start exercising your trading muscles today! The competition trading rules are the same, but we updated the requirements and rewards. This time you must have a Phemex BTC Trading Account…

  • Phemex Releases Nine New Coins for Contract Trading!

    Dear Traders, We are happy to announce Phemex is offering contract trading for nine new coins! Zcash (ZEC) Filecoin (FIL) Kusama (KSM) Monero (XMR) Qtum (QTUM) Stellar (XLM) Cosmos (ATOM) Terra (LUNA) Solana (SOL) We are excited to bring this great news to you and hope you enjoy our expanded offering Details Phemex users can now trade perpetual contracts with up to 20x leverage in the following pairs: ZEC/USD, FIL/USD, KSM/USD, XMR/USD, QTUM/USD, XLM/USD, ATOM/USD, LUNA/USD, SOL/USD Happy Trading! Phemex, Trade Simple ▶ Wonder why we chose to list these coins? Please visit our Academy’s Crypto Insights page to dive…

  • BTC Pizza Day Winners!

    Dear Traders, Happy Pizza Day!!! Not long ago, we announced that this year we wanted to celebrate in a special way. Our goal was to find Laszlo Hanyecz, the original BTC Pizza guy, to offer him a second chance at spending 10,000 BTC. Unfortunately, we were not able to locate Mr. Hanyecz, nor has he reached out to us. Since the main purpose of this celebration was to fulfill our core value of giving back to our community, we have a big surprise for you! The 10,000 BTC will now be offered to you! You can read our first announcement…

  • Phemex Moments is Back! $25,000 GIVEAWAY

    Dear Traders, We welcome you to our “Phemex Moments” Instagram Giveaway! To celebrate our Instagram followers approaching 50,000 we want to give back to our community! All you need to do is submit some creative or fun pics of you using Phemex and help our @phemexofficial Instagram account get to 100,000 followers by the end of June. We will have three milestones and prizes along the way. If we reach our goal the total prize pool will add up to $25,000! How to Participate Join #Phemexmoments giveaway here: https://gleam.io/Thbwj/phemexmoments The mandatory requirements are: Must follow our official Instagram account (@phemexofficial)…

  • Phemex New Spot and Contract Trading Pairs!

    Dear Traders, We have just added new spot and contract trading listings to our platform! Phemex users can now spot trade the following pairs: UNI/USDT, YFI/USDT, AAVE/USDT, COMP/USDT. Phemex users can now trade perpetual contracts with up to 20x leverage in the following pairs: TRX/USD, EOS/USD, NEO/USD, ONT/USD. We are excited to bring this great news to you and hope you will enjoy our expanded offering! Happy Trading! Phemex, Trade Simple

  • Phemex Deposit Dazzle!

    Hey Phemex Traders! We have some exciting news to bring to you. Today we are launching a giveaway promotion called Phemex Deposit Dazzle! What it entails for you is to DEPOSIT BTC, and in return, we will REWARD you (the participants) up to $2000 dollars in trading bonus. How to join the promotion? Please follow the steps below to participate in the Phemex Deposit Dazzle. Step 1: Log in Step 2: Sign up for the event here Step 3: Meet the deposit requirements Deposit BTC ≥ 0.01 into your Spot Wallet Transfer BTC ≥ 0.01 into your BTC Contract Trading…

  • “Doge with Phemex” Giveaway Results!

    We have concluded our “Doge with Phemex” Twitter Giveaway and here are the results! We have a few prizes we would like to give to the winners to show our appreciation for helping us reach our milestones. Here is $3,000 USD to our number one participant and this event’s largest prizewinner! To our second place participants we would like to give you each $2,000 USD. Congratulations! And to our third place winners we have $1,000 USD to give to you. Last but not least! Our fourth place winners will each receive $50 USD for their participation. Check your inboxes! Thanks…

  • Phemex Introduces KYC Services!

    Dear traders, Starting May 2021, we will be introducing “Know Your Customer (KYC)” through a partnership with Onfido. We hope to verify the vast majority of users and volume by Q4 2021. In return, our customers will be able to experience increased security with additional features which are TBD. For more information, please read the following guides: What is KYC on Phemex? (Identity Verification) How do I verify my account? (KYC) The Phemex Team

  • Phemex Releases Eight New Coins Plus XRP!

    Dear Traders, We are happy to announce that Phemex is offering spot and contract trading for eight new coins! Specifically, users can now buy and trade: Basic Attention Token (BAT) Chiliz (CHZ) Decentraland (MANA) Enjin Coin (ENJ) SushiSwap (SUSHI) Synthetix (SNX) Graph (GRT) Maker (MKR) Additionally, due to popular demand, we are bringing Ripple (XRP) back onto the platform! With exponential growth in the crypto market, we believe that by adding these coins into our offering, you guys will have more opportunities to make money! We are genuinely excited to bring this great news to you and hope you will…