Dear Phemexers,

We are excited to announce that the unrealized Profit Reinvestment feature will soon be available for inverse contracts. This feature allows you to use unrealized profits for opening positions under cross margin mode. The phased rollout is scheduled to begin on November 20. To enjoy this new feature, please update your app to the latest version after upgrade.

Please note that this update will affect cross margin inverse contract positions. In extreme market conditions, there may be potential losses, so we advise you to monitor your positions closely.

The rollout will be implemented in phases based on the last two digits of your UID:

00-05

20-25

40-45

60-65

80-85

Stay tuned for further updates and manage your positions accordingly.

Happy Trading!

The Phemex Team