Dear Phemex Users,
To meet the growing demand for emerging digital assets and to enrich our platform's trading ecosystem, Phemex is officially launching the "Spot Innovation Zone".
This zone is designed to provide users with opportunities to trade early-stage, high-potential projects, while employing a risk isolation mechanism to protect the broader user base from potential high volatility.
Features of the Innovation Zone Compared to mainstream assets like Bitcoin (BTC) and Ethereum (ETH), assets in the Innovation Zone are typically in the early stages of development. Consequently, they often exhibit significantly higher price volatility and uncertainty. We strongly advise users to fully research project details and carefully assess the risk tolerance before participating in trades.
Key Risk Warnings Please be fully aware that trading in the Innovation Zone involves the following potential risks:
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High Price Volatility: Asset prices may experience drastic fluctuations within short periods, far exceeding those of mainstream tokens.
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Risk of Total Value Loss: Early-stage projects may fail due to technical, operational, or regulatory factors, potentially leading to a significant drop in token value or even a total loss of principal.
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Insufficient Liquidity: Some projects may lack sufficient market depth, making it difficult to execute orders promptly at your desired price or resulting in high slippage.
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Delisting Risk: Projects failing to meet standards may be delisted following periodic reviews. Trading opportunities may be limited once the project is delisted.
Trading Restrictions & Risk Management To assist users in managing risk, Phemex reserves the right to implement additional risk control measures on Innovation Zone tokens, including but not limited to:
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Single Order Limit: A cap on the maximum value of a single order.
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Daily Buy Limit: A limit on the cumulative net purchase amount per user within a 24-hour period (00:00:00 to 23:59:59 UTC).
Note: Specific limits will be disclosed in the relevant listing announcements. Unless otherwise specified, trading rules remain consistent with Main Zone tokens.
Thank you for your support!
The Phemex Team
Disclaimer This announcement is for informational purposes only. It does not constitute investment, tax, or legal advice, nor is it a recommendation to buy, sell, or hold any assets. Cryptocurrency trading involves significant risk; all investment activities are conducted independently by the user. Please ensure you fully understand the risks involved and trade with caution.
