Dear Users,

At 10:00 UTC on December 13, 2023 Phemex will be listing the new contract trading pair 1000SATS/USDT. This contract pair is linear USDT-margined and supports hedge mode, which allows you to keep both a long and short position at the same time.

1000SATS/USDT –  SATS is short for Satoshis, the smallest unit of Bitcoin, each bitcoin is divisible into 100,000,000 satoshis. On the Bitcoin blockchain and in its source code, all amounts of bitcoin are denominated in satoshis. These amounts are only converted to bitcoin for familiarity and readability. Learn more at https://satscoin.vip/en. 

Happy Trading!

The Phemex Team