Phemex

Phemex

Centralized

What is Phemex?

Phemex is a popular and trustworthy crypto exchange based in Singapore. The exchange was founded in 2019, making it a good choice for novice and expert bettors alike.

Markets
541
Coins
328
Weekly visits
320 522
Fiat supported
-
Promo bonus
Get up to $50 welcome bonus
for new users

Phemex offers

EthereumETH Ethereum
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
XRPXRP XRP
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
ChainlinkLINK Chainlink
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
CardanoADA Cardano
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
TetherUSDT Tether
Est. APY
10%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
BitcoinBTC Bitcoin
Est. APY
0.8%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
USD CoinUSDC USD Coin
Est. APY
8%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
PolkadotDOT Polkadot
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
SolanaSOL Solana
Est. APY
0.75%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
FantomFTM Fantom
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
DecentralandMANA Decentraland
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
NEAR ProtocolNEAR NEAR Protocol
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
AptosAPT Aptos
Est. APY
1%
Status
Available
Product type
Savings
Term
Flexible
Platform
Phemex
EthereumETH Ethereum
Est. APY
0.35%
Status
Available
Product type
Savings
Term
7 days
Platform
Phemex
XRPXRP XRP
Est. APY
0.4%
Status
Available
Product type
Savings
Term
7 days
Platform
Phemex
ChainlinkLINK Chainlink
Est. APY
0.4%
Status
Available
Product type
Savings
Term
7 days
Platform
Phemex
CardanoADA Cardano
Est. APY
0.4%
Status
Available
Product type
Savings
Term
7 days
Platform
Phemex
TetherUSDT Tether
Est. APY
2%
Status
Available
Product type
Savings
Term
7 days
Platform
Phemex
BitcoinBTC Bitcoin
Est. APY
1%
Status
Available
Product type
Savings
Term
7 days
Platform
Phemex
USD CoinUSDC USD Coin
Est. APY
2%
Status
Available
Product type
Savings
Term
7 days
Platform
Phemex
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About Phemex

Leveraged Trading

Phemex allows you to trade with leverage, which means that you can receive a higher exposure towards a certain crypto’s price increase or decrease, without actually holding the necessary amount of assets. You do this by “leveraging” your trade. In simple terms, this means that you borrow from the exchange to bet more.

Spot Trading

In May 2020, Phemex released Spot Trading services. Unlike contract trading, which allows you to speculate on the price of any specific cryptocurrency without having to hold the asset itself, spot trading is the direct buying and selling of cryptocurrencies listed above.

Cryptos Available

Phemex supports more cryptocurrencies than most other exchanges offer. The exchange provides 223 cryptocurrencies at the time of this writing, and they are likely to get the hot new currencies as they come out.

Mobile Support

The platform is available for both desktop and mobile devices. Most traders in the cryptocurrency space use a desktop platform (around 70% or so). However, there are naturally people out there who want to engage in trades from their smartphones as well. If you’re one of those people, then this platform can still be for you; it has a native mobile application.

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