Phemex exchange. Review.

Artem Pitulevich Blog
4 min readApr 9, 2021

Hello everyone, today I will tell you about the cryptocurrency exchange-Phemex. About its advantages, why you need to trade on this particular exchange, and much more about this exchange.

Introduction

Phemex — the Fastest Crypto Exchange and Futures Trading Platform.
This is a platform where you can trade cryptocurrency assets, earn money by investing and staking.

It is very convenient to trade on this exchange, there are two types of trading on the exchange:

  • Spot
  • Contract

There are only 13 traded coins on the spot:

There are only 16 traded pairs on the contract:

Generous bonuses and promotions on this exchange:

Personally, I think that one of the advantages of this exchange is that it very often pleases its users and arranges various promotions and bonuses for new users.

For example, a bonus when registering — 80$ on trade.

You can also get bonuses by inviting your friends, by inviting your friend, you and your friend will get bonuses.

How do I start using the exchange?

  1. Complete the registration process

Registration here is very simple and fast, click on the link and go through the registration:
https://phemex.com/register

2. You need to top up your account on the exchange

This can be done in several ways, you can transfer your cryptocurrency funds to this exchange.

How to do this:

Assets — Deposit

Here you need to select the coin you want to transfer to your account and click “Continue” and “Deposit”.

You can also top up your account on the exchange and with fiat money, for example :

  • transfer money from a bank card
  • deposit with a bank transfer

How to start trading on the Phemex exchange?

Select a pair to trade and click “ Buy/Sell”.

This is the main window for trading, in principle everything is as usual, everything is as on other exchanges, everything is clear and easy to deal with, so I think no one should have any problems with this

On the exchange, you can open the chart on the whole screen, not all exchanges have this feature, so I decided to include it here, I believe that it is really very important and necessary that it be on the exchange.

How can you make money on this exchange?

  1. In trading, on the stock exchange, you can trade with leverage, which will increase your income several times.
  2. By investing money on the exchange, you can block your funds and get a few tens of percent a year from your deposit.
  3. Participation in various promotions. The exchange often holds promotions where you get paid for easy tasks, you make videos, articles, graphics,and you get paid for it.

I think there are still some ways to earn money on the stock exchange, I’m sure that I do not know about all of them. I am not fully familiar with the exchange, so there are many things I may not know.

Consclusion:

Personally, I really liked this exchange, seriously. On many trading pairs, there are no commissions at all, this is just fine.

I also really liked the nice design of the exchange and the excellent technical support on the site, which is ready to help at any time.

I definitely advise you to create an account on this exchange.

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