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Announcements > News > Introducing the New Phemex VIP Level Update – Effective April 29th, 2024 >

Introducing the New Phemex VIP Level Update – Effective April 29th, 2024

Author: Silvia Date: 2024-04-25 07:00:58

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Dear Traders,

We are excited to share with you the latest update to our VIP program that will take effect on April 29th. This update offers the most competitive fee structure for both individual and institutional traders among all the major exchanges.

What's New in the Phemex VIP Level Update:

Highlights:

  • VIP tiers are now unified for Spot and Contract trading up to VIP5, allowing our users to access the same level's benefits across both platforms with the highest tier you qualify for.
  • Unrivaled Fee Discounts for Individual VIPs: Starting April 29th, individual VIP members will enjoy the lowest contract maker and taker fees in the market. This is a game-changer for traders who seek to maximize their earnings and reduce costs.
  • Zero Maker Fees for Institutional VIPs: In a move to further empower our institutional traders, Phemex is introducing a 0% maker fee for our institutional VIP members. This exclusive benefit is designed to support high-volume trading at the most cost-effective rate possible.


Happy Trading!

The Phemex Team

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