News

Dear Users, Phemex will be listing THE/USDT on our spot market at 12:00 UTC on October 21, 2022. THE – On October 14, 2022, Vitalik tweeted the following: “Someone should make a project called “THE Protocol”, so that their shills can say “Look, soandso mentioned THE!” pretty much any time anyone says anything.” The founders of $THE responded to the tweet by launching The Protocol. Ever since its launch, Vitalik has interacted with $THE tweets, allowing the token to prosper. Find more details on the The Protocol here: https://theprotocoloff.com/ Happy trading! Phemex Team

Dear Users, Phemex will be delisting the following 5 trading pairs from our spot market at 12:00 UTC on October 24, 2022. LMR/USDT RANKER/USDT 1EARTH/USDT NEST/USDT DNT/USDT The delisting schedule: 12:00 UTC on October 24, 2022 – The above 5 coins get delisted from Phemex. All pending trade orders will be automatically removed roughly 1-3 days after the delisting time. After delisting, deposits of these coins will not be credited to your account. Withdrawals of these coins from Phemex will continue to be supported until further notice We thank you for your support as we continue to build the crypto...

Hello Phemex users, We’re happy to announce that the Phemex Crypto Converter will support 5 new conversions for BRZ on Oct. 25, 2022. This will greatly increase the ease of crypto on-boarding for our Brazilian users. The new converter pairs are: BTC to BRZ & BRZ to BTC ETH to BRZ & BRZ to ETH USDT to BRZ & BRZ to USDT USDC to BRZ & BRZ to USDC USD to BRZ & BRZ to USD If you’re not sure what the crypto converter is, check out this user guide. If you want more details on how to use the...

Dear Users, Phemex will be releasing our Launchpool for FND tokens at 12:00 UTC on October 27, 2022. You’ll be able to stake FND to farm FND tokens and earn high returns! This launchpool project will last for 14 days.   Project Details Rare FND provides a platform for charities and startups to launch crowdfunding campaigns to raise funds. Using FND as the fundraising token, Rare FND is able to help crowdfunding campaigns reach their target quicker through automated staking. Token Name: FND Total Reward Pool:1,600,000 FND Start Time: 12:00 UTC on October 27, 2022 End Time: 12:00 UTC on...

Dear Users, Per an earlier announcement regarding our support of Polymath (POLY) rebranding and swap to Polymesh (POLYX), Phemex will be listing POLYX/USDT on our spot market at 12:00 UTC on October 27, 2022. Within three business days after the listing, all user POLY balances will be transitioned to POLYX on a 1:1 basis. If you have any concerns, please contact our 24/7 customer service team at support@phemex.zendesk.com. Phemex Team

Dear Users, Phemex will be delisting the following 9 trading pairs from our spot market at 7:00 UTC on October 26, 2022. BLOK/USDT ETHA/USDT FEI/USDT GARI/USDT GMM/USDT GST/USDT METIS/USDT RACA/USDT VR/USDT The delisting schedule: 7:00 UTC on October 26, 2022 – The above 9 coins get delisted from Phemex. All pending trade orders will be automatically removed roughly 1-3 days after the delisting time. After delisting, deposits of these coins will not be credited to your account. Withdrawals of these coins from Phemex will continue to be supported until further notice We thank you for your support as we continue...

Dear users, On November 3, 2022, Phemex will adjust our contract risk limits and ticker sizes. We impose risk limits to help clients manage their risks. Basically, the larger a position is, the smaller the leverage allowed. As our users grow more professional, we adjust the risk limit & leverage to allow more flexibility and better user experience. Please find our newly adjusted risk limits and ticker sizes below: Newly adjusted risk limits (maximum leverage, IM% and MM%) for BNBUSD, ADAUSD, DOTUSD, SOLUSD, LTCUSD, XRPUSD, DOGEUSD, ATOMUSD, LINKUSD, XTZUSD, TRXUSD, ETCUSD, MATICUSD, 100000SHIBUSD, AVAXUSD, and UNIUSD: Position Max Leverage IM%...

Dear Users, On October 29, 2022 Phemex will be delisting 4 perpetual contract trading pairs. We encourage users to stop trading and close open positions as soon as you can, the four pairs to be delisted are: ILVUSD BITUSD ASTRUSD 1000000NFTUSD Here is the delisting schedule: 10:15 UTC on Oct. 29, 2022 – Phemex will only support ReduceOnly orders for the 4 contract pairs mentioned above 10:45 UTC on Oct. 29, 2022 – Above 4 perpetual contracts get delisted from Phemex. All orders and trading for these four pairs will be closed. All positions still open for these trading pairs...

Dear Users, Phemex will be upgrading our one-click Copy Trading features and processes on November 1, 2022. Through this upgrade, we’d like to give more users the opportunity to copy the Top Traders they want. Therefore, users who are currently on the copier lists of Top Traders but who have failed to successfully copy trades or don’t have the minimum balance required in their Copy Trading Accounts will be removed from copier lists. These users can still manually rejoin as copiers afterwards. Phemex Team

Dear Users, Phemex will be listing RED/USDT on our spot market at 10:30 UTC on October 31, 2022. RED – The Red Token ECONOMY project was launched to create an unparalleled entertainment platform that radiates from the heart of Tokyo to the physical and digital worlds – bringing Japan’s gaming spirit to its peers around the world. Find more details on the RED here: https://red-token.io/ Happy trading! Phemex Team