Dear Users,

We’re thrilled to introduce a new fiat gateway feature that allows you to sell crypto using your debit or credit card. Phemex is always looking to improve user experience for all types of users, and enhancing our fiat onboarding and offboarding functionality has always been top-of-mind.

Now with this newly released sell crypto feature, you can place sell orders on your crypto and receive fiat payments directly to your bank card. Transaction fees are at an industry-wide low at only 1.8%. Currently, supported fiat currencies are USD and EUR with more currency support to be added in the near future. Note that USD is only available to users outside the United States.

For more information on how to use this new feature, check out this Help Center article.

Stay tuned for more feature launches and upgrades!

Phemex Team