News

Dear Users, Phemex Savings has always been one of our most popular features because it allows you to earn steady, risk-free income on crypto holdings. Now, we’re excited to introduce new Phemex Savings APY tiers, which will enable users to unlock even higher APYs on their favorite savings products! Enjoy a total of up to 50% APY across a multitude of different cryptocurrencies. The new APY tiers will come into effect at 12:00 UTC on September 26, 2022. Details are as follows: Coin Tiers Starting Balance Past APY Structure New Tiered APY Structure USDT 1 0 – 500 2% 12%...

Dear Users, Phemex will be listing PROS/USD, 100SWEAT/USD, FLUX/USD on our contract market at 10:00 UTC on September 29, 2022. PROS – Prosper is a cross-chain prediction market and hedging platform that is pioneering the technology of on-chain liquidity aggregation. SWEAT – Sweat Economy is the newly-launched web3 initiative of Sweatcoin. Sweatcoin is a highly popular mobile fitness app that was first launched in 2016. With over 110 million users worldwide, the app sets out to motivate healthier living by rewarding users for daily physical activity. FLUX – Flux is the cryptocurrency that powers the Flux ecosystem. It has a...

Hi fellow Phemexers, At roughly 6:00 UTC on Sept. 29, 2022, Phemex will add a new feature allowing users to adjust leverage in cross-margin mode for contract trading. If you have been using cross-margin mode to trade, the launch of this new feature won’t automatically change your current leverage for existing positions, nor will it change the liquidation price. This new feature is supported on the Phemex website as well as on our iOS and Android APP. If you use mobile APP to adjust leverage in cross-margin mode and see a negative number, do not worry, your liquidation price has...

Hi Everyone, We’re excited to announce that Phemex Copy Trading now supports one-click copying. Top Traders just need to configure initial copy trading settings, then can start taking on copiers. To start copy trading, regular users should make sure to have funds in their copy trading account and then click “Copy” on the trader they want. Go seek out the Top Traders you want to copy, and start making profit alongside them today! This feature is currently in testing stage and only available to a select number of Top Traders. After testing is complete, we will make it accessible to...

Dear Users, Phemex will be listing 1000VINU/USDT on our spot market at 8:00 UTC on September 30, 2022. VINU – Vita Inu (VINU) is the governance token of the VINU Ecosystem and is native token of the Vite DAG chain. VINU is the world’s first fast, feeless (and cheeky) dog-themed coin with high TPS and smart contracts. Find more details on the Vita Inu here: https://vitainu.org/ Happy trading! Phemex Team

Dear users, Phemex is proud to announce that we now support one-click copying trading. One-click Copy Trading is perfect for both beginners and experienced traders. For those who are just starting out in the trading world, you can now trade instantly like a professional! This simple and hassle-free function of a one-click Copy will have you breezing through our platform like never before. Let experienced traders take the ropes while still getting all the profit. You can also follow your favorite Top Trader and constantly be on top of their new moves! Learn more trading strategies from your Top Traders...

Dear Phemexers, Phemex will support the POLY (Polymath) token swap and rebranding plan to POLYX (Polymesh). Timeline: At 7:00 UTC on October 10th, 2022, Phemex delists all existing POLY/USDT spot trading pairs and cancels all pending POLY spot trade orders. Deposits and withdrawals of POLY will be suspended. Within 5 business days after October 17th, 2022, trading will open for POLYX/USDT spot trading pair. Details of Token Swap: Phemex will recover all POLY balances, and begin the distribution of POLYX to all eligible users at a ratio of 1 POLY = 1 POLYX , within 3 business days after spot...

Dear Users, Phemex will be delisting the following 12 trading pairs from our spot market at 7:00 UTC on October 12, 2022. ORBS/USDT RLY/USDT PSTAKE/USDT CRTS/USDT MELOS/USDT RSS3/USDT POLC/USDT GODS/USDT GHST/USDT KONO/USDT XYO/USDT NYM/USDT The delisting schedule: 7:00 UTC on October 12, 2022 – The above 12 coins get delisted from Phemex. All pending trade orders will be automatically removed roughly 1-3 days after the delisting time. Deposits of the above 12 coins after 7:00 UTC on October 12, 2022 will not be credited to your account. Withdrawals of these coins from Phemex will continue to be supported until further...

Dear Users, Phemex has listed new contract trading pairs 100TRYB/USD and PAXG/USD  at 10:00 UTC on Oct 10, 2022. TRYB – BiLira is a cryptocurrency that aims to maintain a 1:1 ratio to the Turkish Lira, enabling a smooth on-ramping solution for crypto traders. PAXG – Pax Gold is a gold-backed cryptocurrency launched by the creators of Paxos Standard (PAX) in September 2019. Happy Trading Phemex Team

Dear Phemex users, In line with our user-centric philosophy, Phemex is committed to providing you all with better products and services. Starting from October 13, we will be making upgrades to our Welcome Bonus program. After the upgrade, the total amount of potential rewards will increase from $180 to $4050, and the structure of activities and rewards will be more dynamic. See details below regarding the upgrade: Added Sign Up Bonus – register now to enjoy up to 25% APY in USDT 7D Fixed-Term Savings product, for up to maximum subscription of 5,000 USDT. Added Copy Trading Voucher – follow...