Dear Phemexers,

Last week we announced that the unrealized Profit Reinvestment feature will soon be available for inverse contracts. This feature allows you to use unrealized profits for opening positions under cross margin mode. 

On November 27, there will be another update. To fully enjoy this new feature, please update your app to the latest version after the upgrade.

Please note that this update will affect cross margin inverse contract positions. In extreme market conditions, there may be potential losses, so we advise you to monitor your positions closely.

The rollout will be implemented in phases based on the last two digits of your UID:

00-12

20-32

40-52

60-72

80-92

Stay tuned for further updates and manage your positions accordingly.

Happy Trading!

The Phemex Team