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.
  • Phemex Will Support the Stargate Finance (STG) Contract Swap

    Dear Users, Phemex will support the Stargate Finance (STG) contract swap on the BNB Smart Chain (BEP20) and Ethereum (ERC20) network per the following timeline: At 2023-03-13 10:00 (UTC), deposits and withdrawals of STG onBNB Smart Chain (BEP20) and Ethereum (ERC20) network will be suspended. Spot trading, margin trading, futures trading will not be affected during the contract swap. Phemex will handle all technical requirements involved for all users holding STG in their Phemex accounts. A separate announcement will be made once the contract swap is complete and deposits and withdrawals of STG on the BNB Smart Chain (BEP20) and…

  • Margin Trading Adds 28 Collateral Assets and Trading Pairs

    Dear Users, Phemex looks to constantly upgrade your trading experience through better strategic tools and features. We are pleased to announce that we’ve added support for 28 additional collateral assets on Phemex Margin Trading, as well as their corresponding margin pairs. This greatly increases the selection of coins you can take leverage on for the spot market. New Collateral Assets: FTM, LDO, FET, MASK, DYDX, RNDR, DOGE, OP, UNI, AVAX, CRV, IMX, OCEAN, APT, GMX, HOOK, FIL, STG, WAVES, CHZ, APE, MATIC, TRX, LINK, SOL, LTC, BNB, DOT. New Margin Pairs: FTM/USDT, LDO/USDT, FET/USDT, MASK/USDT, DYDX/USDT, RNDR/USDT, DOGE/USDT, OP/USDT, UNI/USDT,…

  • Phemex will delist 32 USD-margined contracts on March 29

    Dear Phemexers, Phemex currently has over 150 USDT-margined contracts that we recommend you trade in order to enjoy better price accuracy, market depth, liquidity, and other benefits. Every available USD-margined contract now has a USDT-margined alternative. We encourage all users to transition to trading USDT-margined contracts for a better trading experience. On March 29, 2023 Phemex will be delisting 32 USD-margined linear contract trading pairs. We are informing users more than two weeks ahead of time to encourage you to stop trading and close open positions as soon as you can. The thirty-two pairs to be delisted are: PAXG/USD 1000SPELL/USD…

  • Phemex is Delisting FOOTBALLUSD & FOOTBALLUSDT Contract Trading Pairs

    Dear Users, Phemex is delisting the FOOTBALL/USD and FOOTBALL/USDT perpetual contract trading pairs on March 13, 2023. We encourage users to stop trading and close open positions as soon as you can. Here is the delisting schedule: 7:30 UTC on March 13 – Phemex will only support ReduceOnly orders for FOOTBALL/USD and FOOTBALL/USDT contracts 8:00 UTC on March 13 – All orders and trading for these trading pairs will be closed. All positions still open for these pairs after 8:00 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 7:30 UTC to…

  • How to Buy Crypto with Credit/Debit Card (App)?

    Credit/Debit Cards represent a secure method of purchasing crypto, especially via Visa and Mastercard. Here is a step-by-step guide on how to buy crypto with Credit/Debit Card: Register or make sure you are logged into your Phemex account. Go to the home page, click “Buy Crypto”. NOTE: *Completion of KYC Identity Verification is mandatory for purchases via Credit/Debit Card. 1. Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can receive. Notes: Only USDT purchase is supported, and supported fiat currencies are USD、CAD、EUR、CHF、GBP、JPY、SGD、AUD、HKD、MXN. There is a…

  • How to Buy Crypto with Credit/Debit Card(Web)?

    Credit/Debit Cards represent a secure method of purchasing crypto, especially via Visa and Mastercard. Here is a step-by-step guide on how to buy crypto with credit/debit card: Register or make sure you are logged into your Phemex account. On the header menu, hover over ‘Buy Crypto’ and click ‘Credit/Debit Card’. NOTE: *Completion of KYC Identity Verification is mandatory for purchases via Credit/Debit Card. 1. Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can receive. Notes: Only USDT purchase is supported, and supported fiat…

  • Phemex is Delisting WCI/USDT from Spot Market

    Dear Users, Phemex will be delisting the WCI/USDT trading pair from the spot market at 10:00 UTC on December 27, 2022. All pending trade orders will be automatically removed roughly 1-3 days after the delisting time. Deposits of WCI after delisting will not be credited to your account. Withdrawals of WCI from Phemex will continue to be supported until further notice. We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Phemex Team

  • How to Sell Crypto with Bank Transfer?

    Bank Transfer represents a secure method of purchasing or selling crypto via wire transfer. Phemex has partnered with Legend Trading, a fast, secure, and fully licensed Money Services Business (MSB). As a legally compliant vendor, Legend Trading enables Phemex users to safely sell Crypto to USD/GBP/CHF/EUR/JPY/CAD bank account. Here is a step-by-step guide on how to sell Crypto with Bank Transfer: Register or make sure you are logged into your Phemex account. On the header menu, hover over ‘Buy Crypto’ and click ‘Bank Transfer’. NOTE: *Completion of KYC is mandatory for purchases via Bank Transfer For New Users: 1. In the I want to pay field, enter the amount of…