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Announcements > News > New Feature Rollout - Use Phemex Token to Cover Trading Fees Today! >

New Feature Rollout - Use Phemex Token to Cover Trading Fees Today!

Author: Silvia Date: 2023-12-06 02:50:21

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Dear Users,

We are thrilled to announce a new, convenient way to pay your trading fees on Phemex. Starting today, you can use Phemex Token (PT) to cover your trading fees, ensuring a smoother and more efficient trading experience!

Seamless Trading with Phemex Token (PT)

Transaction costs can be deducted by individual traders using PT, with a deduction rate of 10% for USDT contracts and 20% for Spot trades (API trades excluded). VIP users can use PT to deduct expenses and take advantage of even lower fee rates because our fee deduction function can be combined with VIP fee discount.

For detailed guidance on how to use PT for your trading fees, please refer to our User Guide.

Happy Trading!

The Phemex Team

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