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 Terms for VIP Users

    Dear Users, In order to better serve our VIP users and encourage greater market growth and activity, Phemex will adjust our terms and rules regarding VIPs in the following ways: 1. VIP user’s daily transaction volume will be combined across main account and sub-accounts. 2. Main and sub-accounts share the same VIP Level each day. 3. User’s VIP Level for current day depends on that user’s total trading volume over the previous 30 days. 4. Rewards for Market Making:To encourage VIPs to provide liquidity, when maker activity ratio of past 30-day trading volume meets requirements, VIP Level will get automatically…

  • How Do I Stake Tokens on Phemex’s Launchpool?

    The Phemex Launchpool is a service that allows you to earn a significantly high income by staking select tokens for a limited amount of time. To learn more about this service, please read “What is the Phemex Launchpool?” 1. Log in to Phemex.com, hover over the Earn option in the header menu, and then click on Phemex Launchpool. 2. Scroll down to the Launchpool List section to see all available or active campaigns. 3. Some projects will offer multiple cryptocurrency pools. The example featured in this guide offers three methods to Earn NEAR (by staking NEAR, USDT, or USDC). Click…

  • What is the Phemex Launchpool?

    The Phemex Launchpool is an exclusive service that periodically features select tokens offering higher than normal staking APYs. The duration, rewards, and available methods to stake will vary for each token campaign. For example, our Revo Launchpool lasted for 7 days and only allowed REVO staking for REVO rewards. Our NEAR Launchpool has a 14-day duration and offers NEAR, USDT, and USDC staking for different ratios of NEAR rewards. Ultimately, the service is as simple as clicking a single button to stake/lock a specific token and begin earning superior staking rewards. For a step-by-step guide on to use the service,…

  • Phemex Launchpad Introduces Stepwatch token sale (SWP)!

    Dear users, There’s another hot new project that will be taking off on the Phemex Launchpad! This time, the featured project is the innovative move-to-earn platform Stepwatch and its native SWP 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 SWP will adhere to the standard Launchpad subscription format and we’ll start recording user USDT balances starting at 23:00 UTC on July 6, 2022. Phemex will record user USDT balances for 4 days from 23:00 UTC on July 6 to 23:00 UTC…

  • Brain Blaster Round 2 – Another $4,000 Giveaway!

    Hello Phemex users, It’s time for yet another round of Phemex Brain Blaster! Just like last time, we’ve got special questions for you to answer, and if you are brainy enough… you might win big prizes. Both existing and new users can join our lucky draw for additional rewards as well. In total, there’s $4,000 in prizes to be won, so hurry and get your slice of the action! Follow the steps below to participate: Now you can view and complete all necessary actions directly on this announcement page! See below: Brain Blaster If you cannot see the above embedded…

  • Launch Friday – Celebrate NEXO listing, Trade for Rewards

    Dear Phemexers, We are glad to announce a new pair of NEXO/USDT has been listed in spot trading on Phemex. Buy it today and stand a chance to win your share of the trading rewards! Check out the steps below to join our special celebration event. Nexo is a lending platform for cryptocurrencies. Lenders can lend their digital assets such as Bitcoin, Tether, USDC, and more for interest. Borrowers can collaterize their digital assets in order to take a loan. It currently supports over 40 currencies and has been operating since 2018.  Follow the steps below to participate: Users must…

  • Limited Time Discount on Your New Spot Trading Fees!

    Dear Phemexers, We’re happy to announce that our platform will be upgrading our spot fee structure. Enjoy lower fees on spot trading as you accumulate more trading volume! In celebration, we are hosting a special fee promotion event. New Spot Trading Fees: How It Works: 1. Big traders on other exchanges: During the campaign period, please use the form below (google form) to send us your trading volume and AuM figures on other crypto exchanges. If you show that your trading activity meets our threshold for level 2 or higher, then you’ll be able to enjoy a fee rate that’s…

  • Traders Thursday – Trade Big & Win Big USDT Rewards!

    Dear Phemexers, Happy Thursday! It looks like our favorite day of the week is upon us again–which means it’s time for another Thursday event. For this exclusive event, we are giving rewards for up to 500 lucky participants! Make sure to read the rules well and get trading for your prizes, Phemexers. Prize Structure: All participants will be ranked on spot trading volume during the campaign period at the end of the event. The prize structure is as follows: Top 1-100: Each user will get 20 USDT as a reward. Top 101 – 200: Each user will get 10 USDT…

  • Monday Savings: Get Steady 8.8% APY on USDC

    Dear Phemexers, Want a way to make money risk-free during the bear market? Phemex has got you covered! Achieve top-tier interest income on your crypto principal of up to $1,500,000 value. Say no to hidden rules and tricky terms, subscribe now to Phemex Fixed Savings and start earning. Lay back and watch your money grow regardless of the market conditions. Through this Monday Savings event, we’re giving you 8.8% APY on USDC Fixed Savings through Phemex Earn! It is simple and secure:   How It Works Deposit USDC into your spot wallet or investment account. Visit: https://open.phemex.cloud/t/kj Subscribe to USDC…

  • Put Your Heads Together for Phemex’s Brain Blaster – $4,000 Giveaway!

    Hello Phemex users, Have you gotten tired with mundane everyday activities? Is your brain in need of some teasing? Well, you’re in luck! We have special questions for you to answer, and if you are brainy enough… you might win big prizes. Both existing and new users can join our lucky draw for additional rewards as well. In total, there’s $4,000 USD trading bonuses to win, so hurry and get your slice of the action! Follow the steps below to participate: Now you can view and complete all necessary actions directly on this announcement page! See below: Brain Blaster  …

  • New Spot Listing – OGN/USDT

    Dear Phemex users,   Good news! 🎉 You can now spot trade with the new trading pairs: OGN/USDT on June 15 UTC 12:00 onwards. Do note that OGN deposits and withdrawals are also supported.  

  • Father’s Day Special – Win 20,000 USDT!

    Dear Phemexers, It’s that time of the year again where we honor the first man we have in our lives; our fathers. Phemex would like to invite all our users to participate in our special Father’s Day event, where you can earn rewards!   Follow the steps below to participate: Users must have completed at least 300 USDT in spot trading volume during the campaign period to celebrate Father’s day. Follow @Phemex_official, share the most impressive story about you and your father on your Twitter account and tag Phemex_official on twitter. Participants need to fill their UID and the Twitter…