Phemex Official Statement on 01/07/2021 Incident
Dear Traders, Due to the unprecedented crypto price movements we’ve witnessed recently, and the success of Phemex, our platform has experienced a consistent surge in volume for the last few months. Although we have already taken proactive actions to increase our capabilities, unfortunately, we still experienced some minor issues. To fulfill our commitment to full transparency, we’d like to take this opportunity to address the incident that occurred on our platform yesterday between 6:15 – 7:00 PM UTC. We’ve noticed and received feedback on the following issues: Connectivity Issues Some of our European customers were temporarily unable to connect or...