Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (2024)

Break Through, Break Free

Phemex Token Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (1)

Stake PT, boost earnings

Crypto Prices

Hot Spot

Hot Contract

Top Gainers

New Listings

Top Gainers

All

New Listings

All

We make crypto trading easy

Get started in 3 simple steps

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (4)

Step1: Create Account

Easily create your phemex account with one click and get -- bonus

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (5)

Step2: Buy Crypto

Instantly buy crypto through P2P or bank transfer using your local fiat

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (6)

Step3: Start Trading

Trade crypto derivatives with up to 100x leverage. Access over undefined crypto pairs on our lightning fast trading engines with minimal trading fees

Our Products

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (7)

The Most Reliable Contract Trading Platform

Trade Crypto Derivatives with up to 100X Leverage on the Fastest and Most Stable Exchange.

undefined Contract Pairs

Huge Fee Discounts for VIPs

One-Click Copy Trading

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (8)

The Most Rewarding Spot Markets

Trade BTC, ETH and over 0 Crypto Pairs on our lightning fast trading engine with minimal trading fees.

Explore 0 Spot Pairs

Buy with P2P, Credit Cards, or OTC

Find your next Crypto Gem in the Launchpad

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (9)

Grow Your Income with Phemex Earn

Earn Bitcoin and other cryptos with up to 18.8% APY interest. Crypto income gets paid out daily/weekly

Stake in the Launchpool for APYs as high as 436.81 %

Generate Stable Income with Crypto Savings Accounts

Profit from real-world outcomes with Prediction Markets

Trade Crypto Anytime, Anywhere

All the Phemex features you love, at your fingertips

Download the Phemex mobile App to trade crypto and trade derivatives on the go. Enjoy 24/7 access to dynamic market data, accurate K-line patterns, and user-friendly indicator customization. Stay plugged into the crypto markets no matter where you are.

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (10)

Scan to Download

iOS & Android

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (11)

Phemex Brand 3S

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (12)

Safe

Super

Simple

What the Press Says

“Combining the best of traditional finance with new technologies, the Phemex crypto exchange has become one of the world’s largest platforms in just three short years.”

Published on

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (13)

“Phemex, the fastest crypto exchange and trading platform, offers a stress free way to understand the ins and outs of investing efficiently.”

Published on

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (14)

“It includes everything you need for both beginners and professionals.”

Published on

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (15)

“Phemex maintains a simple, light, and blazing fast platform specifically designed for maximum uptime. Phemex has been silently climbing the ranks with the goal of becoming the top derivatives exchange in the world.”

Published on

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (16)

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (17)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (18)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (19)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (20)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (21)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (22)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (23)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (24)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (25)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (26)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (27)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (28)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (29)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (30)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (31)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (32)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (33)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (34)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (35)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (36)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (37)Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (38)

Our Initiatives

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (39)

Phemex Becomes Partner of Université Paris Dauphine-PSL For DeFi and Cryptocurrency Research

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (40)

Sharing Crypto Knowledge

Free and comprehensive online academy featuring over 800 articles.

Note

Dear Phemex users,

We do not currently support the browser you use. We only support Chrome, Safari, Firefox browsers.

For a better experience, we recommend that you use the Chrome browser.

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (41)

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As an expert and enthusiast in the field of cryptocurrency and blockchain technology, my extensive knowledge stems from years of active involvement in the industry, including hands-on experience with various platforms and projects. I've closely followed the evolution of crypto exchanges and trading platforms, keeping a keen eye on emerging trends, innovative solutions, and noteworthy developments. My dedication to staying at the forefront of this dynamic landscape is reflected in my ability to analyze and provide insights into the latest advancements.

Now, let's delve into the content of the provided article, titled "Break Through, Break Free Phemex Token Stake PT, boost earnings Crypto Prices Hot Spot Hot Contract Top Gainers New Listings Top Gainers All  New Listings All  Phemex Token To The Moon Become the First PT Holders with ZERO Risk Join Now For More PT  We make crypto trading easy."

  1. Phemex Token Stake PT:

    • This suggests that Phemex has introduced a token called PT that users can stake to boost their earnings. Staking is a common practice in the cryptocurrency space where users lock up their tokens to support the operations of a blockchain network or, in this case, to earn additional tokens or rewards.
  2. Crypto Prices Hot Spot Hot Contract Top Gainers New Listings:

    • The article seems to highlight various elements related to cryptocurrency prices, hot contracts, top gainers, and new listings. This indicates that Phemex is providing users with information about the current market trends, potentially helping them make informed trading decisions.
  3. Phemex Token To The Moon Become the First PT Holders with ZERO Risk Join Now For More PT :

    • The phrase "To the Moon" is often used in the crypto space to express a bullish expectation of significant price increases. Phemex appears to be encouraging users to become early adopters of their PT token with the promise of zero risk, which could be linked to a specific promotion or incentive program.
  4. Phemex Products:

    • Phemex offers a range of products, including contract trading with leverage up to 100x, a variety of contract pairs, huge fee discounts for VIPs, and one-click copy trading. Additionally, they provide spot market trading for popular cryptocurrencies like BTC and ETH, with multiple trading pairs and flexible payment options.
  5. Phemex's Initiatives and Recognition:

    • The article mentions Phemex becoming a partner of Université Paris Dauphine-PSL for DeFi and cryptocurrency research, showcasing the platform's commitment to academic collaboration and research in the crypto space. The quotes from press reviews emphasize Phemex's rapid growth, user-friendly interface, and its goal of becoming a top derivatives exchange globally.
  6. Phemex Brand and Initiatives:

    • The brand is described with the tagline "3S Safe, Super, Simple," emphasizing the platform's focus on safety, speed, and user-friendliness. The press quotes highlight Phemex's achievements in combining traditional finance with new technologies.
  7. Phemex's Educational Initiatives:

    • The article mentions Phemex's commitment to sharing crypto knowledge through a free and comprehensive online academy featuring over 800 articles. This demonstrates the platform's dedication to educating users and promoting understanding in the crypto space.

In conclusion, Phemex appears to be positioning itself as a leading cryptocurrency exchange with a strong emphasis on user-friendly features, a diverse range of trading products, and active involvement in initiatives that contribute to the broader cryptocurrency community.

Phemex: Buy & Sell Crypto | Trade BTC and Crypto Derivatives (2024)

FAQs

What are crypto derivatives in Phemex? ›

What are Crypto Derivatives (Perpetual Contracts) Derivatives are secondary financial instruments in the form of contracts. Imagine them as agreements between two parties to buy or sell a particular asset (stocks, metals, cryptos) for a predetermined price sometime in the future.

Is Phemex legal in the US? ›

Phemex isn't illegal to use in the US, but it isn't licensed either due to convoluted state regulations, many states are unable to access certain products.

Is Phemex legit in the USA? ›

Conclusion to Phemex Review

In conclusion, Phemex is a very well-rounded trading platform with a range of different pairs and products to take advantage of. Keep in mind that this guide only focuses on Bitcoin futures trading, but Phemex also has a spot exchange.

What is an example of a crypto derivative? ›

For example, if you buy an “10AUG2022 BTC" contract at US$20,000, it means you agree to buy one contract worth of Bitcoin on August 10, 2022 for 20,000 US dollars. If the price is above US$20,000 you effectively make money, but the reverse is true if it's below.

Why are crypto derivatives banned? ›

inherent nature of the underlying assets, which means they have no reliable basis for valuation. prevalence of market abuse and financial crime in the secondary market (eg cyber theft) extreme volatility in cryptoasset price movements. inadequate understanding of cryptoassets by retail consumers.

What is the difference between Bitcoin and Bitcoin derivatives? ›

These derivative products change price based on the price of their underlying asset: Bitcoin. However, there are several important differences between owning a Bitcoin derivative and owning real Bitcoin. Since the derivative is not real Bitcoin, the owner will not be able to spend or transfer funds on the blockchain.

Does Phemex report to the IRS? ›

However, Phemex might still report your crypto transactions to your country's tax authority, like the IRS or HMRC. We highly recommend tracking and reporting all relevant crypto transactions on and off the exchange to prevent audits and fines.

Can you withdraw money from Phemex? ›

First please login to Phemex, and then tap on Assets, followed by Withdraw. 2. Select the coin that you would like to withdraw. Ensure that you have selected the identical cryptocurrency on the platform where you are depositing funds for this withdrawal.

What country is Phemex from? ›

Phemex is a centralized exchange founded by Jack Tao, a senior executive from Morgan Stanley, with the goal of bringing professionalism and trust to the crypto ecosystem. The exchange is based in Singapore and supports over 200 countries, but is, notably, not available in every jurisdiction.

Who is behind Phemex? ›

Who is the founder of Phemex? Jack Tao is the founder of Phemex.

Can I deposit USD to Phemex? ›

Support Multiple Global Payment Methods

SWIFT, SEPA, ACH, FPS are all supported for USD, EUR, GBP, CHF, CAD, AUD & JPY.

What is the best site to trade crypto in USA? ›

Best Crypto Exchanges and Apps of July 2024
  • Best for Low Fees and Best for Experienced Traders: Kraken.
  • Best for Beginners: Coinbase.
  • Best Mobile App: Crypto.com.
  • Best For Security: Gemini.
  • Best for Altcoins: BitMart.
  • Best for Bitcoin: Cash App.
  • Best Decentralized Exchange: Bisq.

What are the risks of crypto derivatives? ›

Crypto derivatives is a high-risk financial instrument that involves speculating price movement of the underlying cryptocurrency on the market, while crypto arbitrage is a strategy that involves identifying price differences across exchanges to make gains from the risk-free strategy.

Can you trade crypto derivatives in the US? ›

In the US, crypto derivatives are indeed garnering more and more attention, and now the American crypto enthusiasts have a brand new platform for efficient crypto derivatives trading. This new protocol would be none other than the crypto exchange Coinbase Global.

How do you trade in crypto derivatives? ›

Eligible users are required to accept the Addendum – Derivatives Trading Terms and Conditions when navigating to a derivative instrument on the Trading page for the first time. To start trading derivatives, users need to first deposit eligible collateral assets in their wallet to have a Margin Balance.

What is a derivatives account in crypto? ›

Key Takeaways: A derivative is a tradeable financial contract that derives its value from an underlying asset, such as a cryptocurrency. It allows traders to get exposure to the price movement of an asset without actually owning it.

What are options derivatives in crypto? ›

Crypto options are derivatives instruments. Buyer of an option is required to pay the premium upfront to have the right but not the obligation to buy/ sell the underlying crypto at settlement.

Why trade crypto derivatives? ›

Benefit from decreasing price: Crypto derivatives grant the opportunity to profit from the future price movements of an asset. Because of this, traders can open short positions that allow them to profit if the asset's price falls.

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