News Archives - Page 43 of 48

News

This section is part of our "announcement" category. Here we update our users with the latest and most updated information regarding Phemex, as well as, the latest industry news. To avoid missing out on our latest news: Follow us on Twitter Join our community on Telegram For any inquiry, contact us at support@phemex.zendesk.com

Phemex is Delisting HNTUSD & HNTUSDT Contract Trading Pairs

Dear Users, Phemex is delisting the HNT/USD and HNT/USDT perpetual contract trading pairs on March 20, 2023. We encourage users to stop trading and close open positions as soon as you can. Here is the delisting schedule: 6:30 UTC on March 20 – Phemex will only support ReduceOnly orders for HNT/USD and HNT/USDT contracts 7:00 UTC on March 20 – All orders and trading for these trading pairs will be closed. All positions still open for these pairs after 7:00 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 6:30 UTC to...

Max Leverage Adjustment for 12 USDT-margined Contracts

Dear Users, On March 20, 2023 we will be making adjustments to the max leverage of 12 USDT-margined contracts from 50x (previous) to 20x (new). The impacted contract trading pairs are: REEF/USDT ONT/USDT GTC/USDT SXP/USDT YGG/USDT DAR/USDT FLM/USDT KNC/USDT ARPA/USDT SKL/USDT RSR/USDT API3/USDT Happy Trading! Phemex Team

Phemex is Listing Arbitrum on Spot and Contract Market

Dear Users, On March 23, 2023 Phemex will list the ARB/USDT spot trading pair at 13:30 UTC as well as the ARB/USDT contract trading pair at 17:15 UTC. ARB – Arbitrum is a protocol that makes Ethereum transactions faster and cheaper. Developers use Arbitrum to build user-friendly decentralized apps (dApps) that can take advantage of the scalability benefits of the Arbitrum Rollup and AnyTrust protocols. Learn more at https://arbitrum.foundation/ Happy trading! Phemex Team

Phemex is Listing Space ID (ID/USDT) on Spot Market

Dear Users, Phemex will be listing the ID/USDT trading pair on spot market at 12:30 UTC on March 22, 2023. ID – SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, manage web3 domains. Learn more at https://space.id/ Happy Trading! Phemex Team

New Contract Listing – GNS/USDT

Dear Users, At 10:00 UTC on Mar. 23, 2023 Phemex is listing the new contract trading pair GNS/USDT. This contract pair is linear USDT-margined and supports hedge mode, which allows you to keep both a long and short position at the same time. GNS – Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. Learn more at https://gains.trade/ Happy trading! Phemex Team

0% Interest Rates for Margin Trading Extended

Dear Users, We’re happy to announce that the 0% interest rates for Phemex margin trading will not be ending tomorrow as originally planned, but instead will continue on until further notice! So be sure to take advantage and try out margin trading to get up to 5x leverage on the spot market by borrowing against collateral. With 0% interest rates, you’ll essentially be borrowing for free to maximize gains! If you want to learn more about how margin trading works, check out our 2 help center articles below: What is Margin Trading? How to Margin Trade on Phemex Note: Users...

Margin Trading Adds 23 Collateral Assets and Trading Pairs

Dear Users, Phemex looks to constantly upgrade your trading experience through better strategic tools and features. We are pleased to announce that we’ve added support for 23 additional collateral assets on Phemex Margin Trading, as well as their corresponding margin pairs. This greatly increases the selection of coins you can take leverage on for the spot market. New Collateral Assets: API3, AGIX, GRT, ALGO, GTC, YFI, INJ, CFX, PAXG, GALA, ATOM, SNX, BCH, MAGIC, ETC, NEAR, ZEC, LQTY, DASH, SAND, XTZ, AUDIO, MANA New Margin Pairs: API3/USDT, AGIX/USDT, GRT/USDT, ALGO/USDT, GTC/USDT, YFI/USDT, INJ/USDT, CFX/USDT, PAXG/USDT, GALA/USDT, ATOM/USDT, SNX/USDT, BCH/USDT, MAGIC/USDT,...

New Contract Listing – ID/USDT and GPT/USDT

Dear Users, At 10:00 UTC on Mar. 30, 2023 Phemex is listing the new contract trading pairs ID/USDT and GPT/USDT. These contract pairs are linear USDT-margined and support hedge mode, which allows you to keep both a long and short position at the same time. ID/USDT – SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, manage web3 domains. Learn more at https://space.id/ GPT/USDT – CryptoGPT is the ZK Layer-2 that lets you own the monetisation of your AI data. Turn every task of your daily life into a source of...