Blogs

Whether you are a crypto spot trader or a Bitcoin Futures trader, understanding the difference between a decentralized and centralized cryptocurrency exchange is essential. What is an exchange? Before we move on to explaining the concepts of centralization and decentralization, let’s briefly go over what a cryptocurrency or a derivatives exchange is. A cryptocurrency spot exchange allows you to buy and sell a variety of coins. A trader would design their strategy based on which coins seem to be going up in value and which ones are going down. The goal is to make a profit with each trade or...

What we have dubbed The Era of Zero refers to the simple philosophy or concept that exchanges should no longer charge trading or commission fees. This is a move that is perfectly in line with the blockchain’s principles of faster, safer, and more accessible financial transactions. Given that our goal is to empower and provide more value to as many customers as possible, we are happy to lead this transition into a new era. Our new zero-fee spot trading service is the perfect manifestation of this spirit. What’s the Inspiration Behind the Era of Zero? Although Phemex may be leading...

Dear Phemex Traders, Help us celebrate the creation of our Instagram Account by participating in our new ongoing Phemex Moments initiative! Our goal is to continue to grow and engage with our community by providing you another way to share your Phemex experience. Simply follow us at https://www.instagram.com/phemexofficial/ and share a picture of your Phemex Trading Setup using #PhemexMoments. We hope to see how each and every one of you trades, so make sure you include the Phemex Trading Page on any device of your choice within your picture. We want these snapshots to be unique and truly your own. Also, add a few words...

-Average transaction amount is $ 300 million -Maximum peak transaction amount is $ 2.6 billion (2020/3/12)   Phemex official website: https://phemex.com/ja   Phemex Telegram: http://t.me/Phemex_Japanese   Phemex Official Twitter: https://twitter.com/JpPhemex

The homepage has added multilingual features. For more information, please visit the official website: https://phemex.com/ja   The feature is that you can contact the development team directly from SNS such as Telegram and Twitter, and it is easy to reflect feedback and comments from the community. In addition to trading crypto assets, it is also possible to trade traditional financial products such as stock indexes, interest rates, foreign exchange, commodities, metals and energy.

To keep celebrating our GOLD/USD release, we wish to continue the Phemex Gold Rush with an exciting giveaway! For the next 3 weeks follow our official Twitter account, RT our pinned tweet, and tag 3 friends. Anyone that meets these 3 requirements will automatically be entered for a chance to win a Denarium Gold Bitcoin. This is a cold-wallet made with half a troy ounce of real. 999 fine gold. The valid event period is between 03/30/2020 – 04/20/2020 A winner will be announced the day after the event ends. We will contact the winner for shipping instructions. Please Note:...

In this article we take a brief look at what a Funding Rate is, and how it applies to trading Perpetual Futures Contracts. Traditional Futures Contracts VS Perpetual Contracts To clarify this concept, it is best to begin by highlighting the differences between these two financial instruments. Traditional futures contracts always have an exact expiration or settlement date. Although its price deviates from the underlying asset’s price (basis) during its lifetime, they will always converge at expiration. Perpetual contracts on the other hand, never expire and never settle in the traditional sense. As such, their prices could end up becoming...

Today we celebrate the recent release of our new GOLD/USD trading pair by offering all of our users a special promotion. If your weekly GOLD/USD trading volume exceeds 100k USD, we will reward you with a 20% discount on all your GOLD/USD trading fees for that week. The reward will be deposited straight into your account in the form of a Trading Bonus equivalent to the value of the discount. Read the full list of rules and conditions below: The valid promotional period is between: March 25, 2020 00:00 AM UTC – April 1, 2020 00:00 AM UTC All registered...

Phemex is steadily growing thanks to the hard work of our team and business partners. The recent BTC/USD volume surge raised some concerns amongst our community. I feel we have a responsibility to explain the situation in detail. First off, Phemex will never, ever, fake any trading volumes. As you may have noticed, we recently delivered multiple new trading pairs, with GOLD/USD going live yesterday. Our mobile apps have also launched in this same period. In addition, our main trading webpage has also just undergone a major UX/UI upgrade. Developing world-class trading products will always be our primary focus and...

Leverage trading is a system that allows the trader to open positions much larger than his own capital. The trader needs only to invest a certain percentage of the position. The ratio between the position value and the investment needed is referred by the name of Leverage, and Margin is the percentage of the position needed. Terms related to Leverage Trading Buying power The amount an investor has available (including leverage) to buy securities is greater than his or her account balance. Coverage A fundamental indicator that the investor should always keep in mind. It represents the ratio of the net account...