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Phemex Launches New Fiat Channel - Advcash

Author: Alan W.

Dear Phemex Users,

Phemex has partnered with Advcash! Traders can now use the Advcash channel to purchase digital currencies on our Buy Crypto page.

What is Advcash?

Advcash is a payment platform combining crypto, fiat and prepaid card features. E-wallets in multiple currencies have a range of deposit and withdrawal options available both locally and internationally. Loaded instantly from e-wallets, ADV-branded prepaid cards allow for easy international POS and ATM transactions. Merchants can choose from a range of payment processing and payout automation instruments.

Supported fiats & payment method

Credit/ Debit Cards
(Visa/MC)
ADV wallets
Fees 4.00% 1.00%
USD x
EUR x
GBP x
RUB x
KZT x
UAH x
BRL x
VND x
TRY x

If you wish to purchase crypto using RUB/KZT/UAH/BRL/VND/TRY, you must have the available corresponding balance in your Advcash wallet. Otherwise, the transaction cannot take place.

Visit our user guide for instructions on buying crypto using Advcash.

Fees

ADV wallets in UAH/KZT/TRY/BRL/VND/GBP to crypto: 1% MMR + network fee

Visa/MC in USD/EUR/GBP to crypto: 4% MMR + network fee

Suspended countries for Advcash

AFGHANISTAN
BELIZE
BURUNDI
CENTRAL AFRICAN REPUBLIC
CHAD
COTE D’IVOIRE
CUBA
DEMOCRATIC REPUBLIC OF THE CONGO
ERITREA
ETHIOPIA
GUINEA
HAITI
IRAN
IRAQ
LIBERIA
LIBYA
MYANMAR
NORTH KOREA
PUERTO RICO
SOMALIA
SUDAN
SYRIA
UGANDA
UNITED STATES
UNITED STATES MINOR OUTLYING ISLANDS
VIRGIN ISLANDS OF THE UNITED STATES
YEMEN
ZIMBABWE

For any inquiries contact us at support@phemex.zendesk.com
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