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.
Nicolas Tang
Nicolas is the current head of English content and PR specialist at Phemex. He purchased his first Bitcoin back in 2013 and has been a crypto enthusiast ever since. Nicolas possesses a diverse background as writer and researcher in finance, political sciences, and now crypto. He believes digital assets are the future of currencies and is firmly committed to helping others learn more on the subject.
  • Phemex Lists EOS!

    Dear Phemex Users, Phemex has partnered with EOSIO to list its EOS Coin! Users can now Spot Trade EOS/USDT with Zero Fees through our Premium Memberships. About EOSIO: “EOSIO is a next-generation, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Introduced in May 2017, it has since been widely recognized as the first performant blockchain platform for businesses across the world.” To learn more, please visit: Thanks for your support. Phemex will continue to work with partners around the world to provide its users with better services and products. Happy trading! For any inquiries contact us at…

  • New Welcome Bonus and Restrictions

    Dear Traders, We’ve recently updated our Welcome Bonus offers and have now increased the total amount from $80 to $100 in trading bonuses! You can review all the bonuses and their specific requirements here: What are Trading Bonuses for? Trading bonuses can be used for Contract Trading: You can apply these bonus fund to: Open New Positons Pay Fees Cover Losses NOTE: Bonuses will cover up to 50% of your fees and losses before your own funds will be used. Restrictions and Limitations Trading bonuses cannot be withdrawn or transferred between accounts and wallets. Attempting to withdraw any trading…

  • System Maintenance – Contract Trading Interruption

    Dear Traders, This next Sunday, April 25th, between 2:00 AM and 4:00 AM UTC, we will perform a routine system maintenance that will temporarily affect trading for ETH, LINK, XTZ, and LTC contracts. Spot trading will remain unaffected. We appreciate your patience and support. Team Phemex

  • Dogecoin Available for Purchase Again!

    Dear Traders, Yesterday we announced that our partner MoonPay temporarily suspended the purchasing of DOGE but we would work to get more partners to support the coin. As promised, not only is DOGE active for MoonPay again, but Simplex is also supporting the coin. Thank you for your patience. Please read this Step-By-Step guide on how to purchase DOGE on Phemex.   Happy Trading, Team Phemex

  • DOGE Purchasing: Updates on Partner Payment Gateways

    Dear Traders,  We recently announced Doge purchasing through one of our payment gateways. However, due to unexpected demand issues, our partner, MoonPay, is temporarily suspending DOGE purchases. The service will resume as soon as possible. In the meantime, we will also work on enabling DOGE purchasing through other partnered gateways. We appreciate your patience. To learn how to purchase Doge, please read the Step-by-step Guide   Happy Trading, The Phemex Team

  • How do I buy crypto using my bank account?

    Let’s use Bank of America as an example, but please note that other banks will have slightly different steps and options. 1. Select the “Transfer” menu, then click “Using Someone’s Account Number At another bank”. 2. Add a recipient: If this is the first time you are sending the funds to us, you need to add Legend Trading Inc. as a recipient. This is a one-time step. You won’t need to do this again in the future. 3. Enter the correct information as below: NOTE: You can find the same information our OTC deposit page anytime. In your specific page,…

  • “Doge with Phemex” Twitter Giveaway!

    Phemex welcomes you to our “Doge with Phemex” Twitter Giveaway! To celebrate 1,000,000 registrations on Phemex we want to give back to in the way our community loves best – by giving away DOGECOIN! The goal is to get our @Phemex_Official Twitter account to 200,000 followers by the end of April. We will have three milestones and prizes along the way. If we reach our final goal, the total value of the DOGECOIN we are giving away will add up to $40,000! Milestones and Prizes We’ve set three milestones for twitter followers. Each time we reach one of these goals,…

  • Purchase DOGE and EOS!

    Dear traders, Given the current demand for various altcoins, we’ve just made it possible for all users to easily buy DOGE and EOS through our MoonPay payment gateway. Simply head over to our Buy Crypto with Credit Card page, select the coin you want to purchase, enter the amount, and click Buy Now. The next page will display how many coins you will receive once you complete the process with the vendor. After you click BUY, make sure to follow MoonPay’s instructions carefully. They currently support payments with Visa and Mastercard bank cards, bank transfers, SEPA, and ApplePay. As we…

  • Phemex Bonus Terms and Conditions

    By participating in the Phemex Bonus promotion, you are hereby accepting all of our terms and conditions. 1. Bonuses can be used to open positions, to pay fees or to cover losses. Bonuses cover 50% of fees and losses prior to user’s own capital. Bonuses cannot be withdrawn to wallets, or transferred between trading accounts. 2. Attempting to withdraw any funds from your trading accounts will cause any and all remaining bonus amounts to be removed immediately. 3. You are not allowed to register with multiple email addresses to receive multiple Bonuses. Your account will be banned if any cheating is…

  • Second #PTArena Winners

    Our Second Bitcoin trading competition #PTArena is now closed! Thank you and well done to all those who entered, we hope you had fun trading in this competition. There was an impressive 60,001.7542 BTC traded in the PTArena, with an average of 14.02 BTC trading volume per participant. We had a total of 4281 traders compete for the prize pool of 8 BTC. We have calculated the top 10 winning teams as well as the top 10 individual traders. The 1st place team is MO with an ROI of 251.98%. Congratulations!  You can see the full list of winning teams below:…