What is Phemex Token (PT)?

PT is the native utility and governance token of the Phemex exchange, launched in November 2023 as an ERC-20 token. It powers platform incentives such as trading discounts, staking rewards, launchpad access, and decentralized governance through the Phemex DAO.

What is vePT and how does it work?

vePT (vote-escrowed PT) is a non-transferable token received when you stake your PT. It grants access to governance voting rights in the Phemex DAO, trading fee discounts, cashback airdrops, and exclusive Phemex Launchpad participation. The longer you lock your PT, the more vePT you earn.

How many PT tokens exist?

PT has a fixed total supply of 1 billion tokens. The supply is distributed across categories such as trading rewards, liquidity incentives, ecosystem growth, investors, and team allocations. A deflationary burn mechanism reduces circulating supply by burning 30% of revenue from MemeX and Pilot trading.

Where can I buy and store PT?

You can buy PT directly on Phemex[(https://phemex.com/how-to-buy/phemex), and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to [trade PT on the Phemex spot market. After acquiring PT, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.

You can stake PT directly on the Phemex platform to receive vePT. Staking options allow you to choose lock-up durations, with longer terms providing higher rewards and governance weight.

How to Buy Phemex Token (PT) Guide

How to Buy Phemex Token (PT) on Phemex

Buy Phemex Token (PT) effortlessly on Phemex, the most efficient crypto exchange trusted by millions. Enjoy secure, instant purchases with flexible payment methods, including credit cards, bank transfers, third-party providers and P2P trading, accessible worldwide. Phemex’s intuitive platform and robust security make buying PT seamless. Kickstart your cryptocurrency journey today—buy Phemex Token securely and confidently on Phemex.

Price of Phemex Token

$0.652075 +1.47%

Where can I Buy Phemex Token (PT)?

Discover where to buy Phemex Token (PT) on Phemex, a secure cryptocurrency exchange trusted worldwide. These three easy steps let you buy PT with low fees using credit cards, debit cards, bank transfers, or third-party providers—no minimums, no hassle. With two-factor authentication (2FA), proof-of-reserves audits, and anti-phishing protection, Phemex is the safest place to buy Bitcoin and the best place to buy Bitcoin online.

Step 1. Set Up a Secure Account

Sign up on Phemex in moments with your email to start trading Phemex Token (PT) globally. Complete quick identity verification to unlock instant purchases. Phemex’s secure registration, backed by 2FA and proof-of-reserves audits, keeps your account safe from the start, making it a trusted cryptocurrency exchange.

Step 2. Choose a payment method

Choose payment options like credit cards, debit cards, bank transfers, or third-party providers to fund your account. Deposit USDT or crypto with instant processing in multiple currencies, no minimums required. Phemex’s secure platform ensures the fastest way to buy (PT) with peace of mind.

Credit/Debit Card

Support:

Currencies 30+

Lowest Fee 0.8%

Arrival Instant

Best For First purchase/Small Amounts

Buy with Credit/Debit Card

Bank Transfer

Support:

Currencies USD/EUR/CHF/AUD/GBP/JPY

Lowest Fee 0.08%

Arrival Instant

Best For Larger Amount

Buy with Bank Transfer

Third-Party Provider

Support:

Currencies 50+

Fee Varies

Arrival Varies

Best For Regional Promos

Buy with Third-Party

Step 3. Buy and Store Phemex Token (PT) Safely

Go to the spot trading section, pick Phemex Token (PT), and enter your amount. Buy PT with low fees and store it in Phemex’s high-security wallet, protected by advanced encryption. Buy PT safely and start trading or holding your purchase PT today!