Phemex Launches New Fiat Channel - Advcash
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 |