Phemex 10% Discount and 50$ Bonus. Top Referral Code is "EBBCW4".
Phemex 10% commission discount and 50$ welcome bonus and 2550 xPT coin. You will receive 5% commission discount and 5% cashback. Equally shared special Top Referral Code, Top Invitation Code.
Crypto Currency Exchanges | Phemex |
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Use the referral code when registering for Phemex and enjoy the benefits! | |
Referral Code | EBBCW4 |
Discount | 5% Discount |
Cashback | 5% Cashback |
Bonus | 50$ Welcome Bonus and 2550 xPT Coin |
Don't forget to use the referral code when registering with Phemex and enjoy the rewards! |
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About Phemex Crypto Currency Exchange
Phemex cryptocurrency exchange was founded in 2019 and is registered in Singapore. It offers many trading options such as spot trading, margin trading, contract trading and copy trading. The exchange has a mobile application with an easy interface, allowing you to trade on the go.
Phemex exchange states that technologies such as cold storage are used to store user funds and cryptocurrencies in a secure environment.
Along with Bitcoin, various major and lesser-known cryptocurrency projects can be traded on the exchange. The stock market offers multiple trading options for traders with different trading styles.
The exchange tries to keep users in the exchange with regular promotions and occasionally offers fee discounts.
Although the limited customer support provided by the exchange has led some users to comment negatively, the presence of users making positive comments also gives confidence.
What are the Pros and Cons of Phemex Exchange?
Pros
Cryptocurrency Diversity: Phemex cryptocurrency exchange has over 200 cryptocurrencies available for spot, margin and contract trading.
Various Trading Options: Various trading options are available on the exchange with spot, margin, futures and copy trading options.
Advanced Features: You can connect your applications to the exchange, which offers API access for sub-accounts and automated trading to manage different trading strategies.
Savings Options: Phemex also offers earning and savings features such as staking and savings.
Phemex Token (PT): You can get fee discounts and various benefits with PT, which is the exchange token of the stock exchange.
Cons
Limited Customer Support: Some users state in the comments that they are unhappy with the customer support.
Legislative Concerns: It may have difficulty operating in some regions with high jurisdiction and document requirements.
What are Phemex Commission Fees?
Spot Trading
Maker Fee: 0.05%
Taker Fee: 0.10%
Futures Trading
Maker Fee: 0.025%
Taker Fee: 0.050%
Other Fees
Withdrawal Fees: Varies depending on the cryptocurrency and Blockchain network withdrawn.
Deposit Fees: There are no deposit fees.
Conclusion
Phemex is an exchange that strives to offer a wide range of assets, trading options and competitive fees. It is trying to compete with many of its larger rivals. Cryptocurrency diversity, trading options and PT token advantages are its biggest pros. However, before using it, consider the potential risks of investing.