Phemex TradFi lets users trade traditional financial assets from the same futures environment used for crypto. That includes WTI crude oil, which can be traded as a derivative product without opening a separate commodity brokerage account. Phemex TradFi products use the same core mechanics as crypto futures, including margin trading, leverage trading, and liquidation logic, and they are available 24/7.
If you want to trade crude oil on Phemex TradFi, the process is straightforward.
- Log in to your Phemex account and open the Futures trading page. Select the TradFi module, then choose the pair you want to trade. Phemex TradFi gives access to global assets through a single USDT account with uninterrupted 24/7 execution.
- Select the WTI crude oil trading pair to go to the XTI-USDT trading pair. Phemex TradFi supports commodity trading, metals, and stocks alongside other traditional asset categories. The product is a derivative contract tracking the price of the underlying market, which means you are trading WTI crude oil price movement rather than buying physical oil.
- Choose your trade direction. If you think oil prices will rise, open a Long position. If you think oil prices will fall, open a Short position. Phemex TradFi futures support both long and short trading, just like crypto perpetual contracts.
- Set your order details. Users can configure the same familiar order parameters used in crypto futures, including order type, quantity, and leverage. Supported order types include Market, Limit, and Conditional orders. Leverage varies by trading pair, so you should always check the live WTI contract page for the current limit before opening a position.
- Place the order and manage the position. After your trade is live, you can manage it in real time by adjusting position size, setting Stop Loss and Take Profit, and adding or reducing margin as needed. Because TradFi futures use the same margin-based system as crypto futures, liquidation can occur if margin requirements are not met.
A few important reminders: Phemex TradFi futures are USDT-margined, available 24/7, and designed for users who already understand leveraged trading. These are high-risk derivative products, so traders should understand margin, leverage, and liquidation before entering positions.
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