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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 fist 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.
  • Update to Spot Market Outage

    Dear Traders, A recent spike in message volume caused an unexpected outage in our system. More specifically, one of our instances responsible for our spot market order book publishing and execution crashed and was unable to update all user orders for a short period of time. As such, when the system resumed its regular functioning, some large sell market orders were executed at bad prices. Our ETH and XRP markets particularly, experienced significant wicks. As always, Phemex remains committed to transparency and taking corrective actions when necessary. If you were affected by this incident please contact our customer service at support@phemex.com…

  • Phemex’s Deposit Giveaway Promo

    For a limited time, all BTC deposits into a BTC trading account will be rewarded with a generous trading bonus of up to $600! Promotional Period Valid deposits will be counted between November 23rd, 2020, and December 22nd, 2020. All bonuses earned through this promotion will be distributed on January 4th, 2021. Deposit and Bonus Net Deposit Bonus Reward 0.2 BTC $100 0.5 BTC $400 1 BTC $500 1.5 BTC $600 Rules and Requirements Net Deposit = Total Deposits – Total Withdrawals. This means that any deposits you make during the promotional period will be counted as your base to…

  • Bitcoin Cash Fork – Phemex

    BCH Network Update The Bitcoin Cash (BCH) network is currently facing the possibility of a contentious hard fork. The fork is expected to occur at 12:00 on November 15, 2020 (UTC). Given that participants have not reached a consensus, the outcome of the fork is entirely uncertain. What does this mean for Phemex users? On November 5, 9:00 AM (UTC): Our BCHUSD perpetual contract will only support Reduce Only orders or the closing of positions. On November 6, 3:00 AM (UTC): All BCHUSD positions will be closed based on Mark Price and all pending orders will be canceled. All BCH…

  • Phemex is looking for a French Community Manager!

    This is a remote part-time position. The ideal candidate will be a cryptocurrency enthusiast skilled at managing and engaging with our french online community, mainly on Telegram. The goal is to build brand awareness and engagement. Responsibilities Successfully create, manage, and grow a local community to help new users use our platform smoothly. Maintain an active community by responding to users’ questions and comments by, sharing announcements/events/campaigns, and by generating discussions on relevant topics. Assist in organizing local online and offline events or meet-ups in creative ways. Assist Phemex with the development of an effective brand image while collecting feedback…

  • Phemex Partners with NapBots!

    Dear Traders, Phemex is excited to announce its newest partnership with NapBots! NapBots, belonging to the French Napoleon Group, is led by former Tier 1 banking multi-billion dollar asset managers. The team has over a decade of experience creating and deploying trading algorithms for traditional assets. Now, their proven technology is being applied to a variety of highly liquid crypto assets. By using NapBot’s world-class trading bots, clients can automate their spot trading strategies on Phemex. To learn more about NapBots and its services please visit: https://napbots.helpdocs.io/ Instructions Connecting Phemex with Napbots takes 3 simple steps: Open a sub-account and…

  • The Phemex Challenge Solved!

    Dear Phemex Family, You did it! Congratulations to the person or team that beat our Phemex Challange and retrieved the 3 BTC stored in our wallet. Please remember that we still have another 1 BTC waiting for you as a trading bonus on our platform. To claim this prize simply contact us at socialmedia@phemex.com so we can verify that you’re the winner. Thank you to everyone else that participated! We hope you had fun and learned something new along the way. Although you didn’t win this time, don’t worry, we’ll have many more events, promotions, and chances for you to…

  • The Phemex Trader’s Arena – Compete for 100 BTC

    The Phemex Trader’s Arena (#PTArena) is a BTC/USD contract crypto trading competition that will pit different teams of traders against each other as they compete for a maximum prize pool of 100 BTC. Prize Pool Participants Prize Pool 200-499 2 BTC 500-999 5 BTC 1000-1999 10 BTC 2000-3999 20 BTC 4000-5999 40 BTC 6000-7999 60 BTC 8000-9999 80 BTC 10,000+ 100 BTC Dates September 24th: Team Captain Registrations October 9th: Team Member Registrations October 24th: Trading Battle Begins November 7th: Trading Battle Ends November 12th: Award Distribution Requirements The only requirement to participate in this competition is to have a…

  • Phemex Lists UNI/USD Perpetual Contract!

    Dear Phemex Users, Phemex has just released a brand new perpetual contract: UNI/USD. This is a linear contract (quoted and settled in USD) that can be traded with up to 20x leverage. About Uniswap: “Uniswap is a decentralized protocol for automated liquidity provision on Ethereum.” To learn more, please visit: https://uniswap.org/ 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 support@phemex.com. Follow our official Twitter account to stay updated on the latest news. Join our community on Telegram to interact with us…

  • Phemex TradingView Integration!

    Dear Traders, We are incredibly happy to announce our integration with TradingView! Starting today, our users can chart Phemex’s trading pairs on the TradingView platform. About TradingView TradingView is the leading all-in-one financial data, charting, and trading platform. More than 10 million users take advantage of the site’s powerful real-time charting and analytics tools to follow the market and make the best possible trades. Its world-class charts attract and empower investors with both traditional and crypto backgrounds. To get started, create a free account or explore their Premium features at https://www.tradingview.com/gopro/ Instructions To chart on TradingView, perform the following steps:…

  • Phemex Lists 7 New Contracts!

    Dear Phemex Users, After a period of careful consideration and review, our team has selected and listed 7 new contract trading pairs! ADA/USD ALGO/USD COMP/USD DOT/USD LEND/USD YFI/USD BCH/USD As you can see, many of these are promising DeFi projects that will enable our traders to participate in this exciting space. All 7 are linear contracts quoted and settled in USD and can be traded with up to 20x leverage.   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…