Every Phemex user has access to three types of Trading Accounts: a BTC Trading Account, ETH Trade account and a USDT Trading account.
For contracts that settle in BTC, users can trade using their BTC Trading Account. For contracts that settle in ETH, users can trade using their ETH Trading Account. For contracts that settle in USDT, users can trade using their USDT Trading Account.
After making a deposit into the spot wallet, users must then transfer or fund the individual trading accounts that they wish to trade with. Click How do I fund my Contract Trading Accounts to read more information on the funding trading accounts.
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