What is Phemex? Detailed instructions on the Phemex exchange
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- What is Phemex Exchange?
Phemex Exchange is a cryptocurrency exchange led by 8 former executives of a Morgan Stanley.
Mainly Phemex exchange is used to trade Bitcoin and ETH.
- History of establishment
On November 25, 2019 Phemex exchange was officially established and headquartered in Singapore, licensed MSB of the United States. - Removed transactions on Phemex
3.1 Key transaction
Key transaction is 0.1% and for premium users, the transaction is free
Faced with trading derivatives
- Maker key is 0.025%
- Taker key is 0.075%
3.2 Withdraw coin load key on Phemex exchange
- Recharge game: No loading cost
- Withdrawal key: free
4.Advantages and disadvantages of Phemex
4.1 Priority points
- There are phone apps on both iOS and Android
- User-friendly interface, easy to use and interact with users
- Trading spot platform and contract both ecosystem platform
- Quick and convenient shortening operation
- Multiformed Levels
- Can create sub-accounts
- Phemex exchange offers attractive bonuses and commissions to attract many customers
- Absolute security
4.2 Cons
- Various non-exchange coin transactions
5.Instructions for registering a Phemex account
- Step 1: Visit the phemex exchange homepage to register an account on Phemex
- Step 2: You enter your Email (1) and password (2)
Step 3: Click Create account for free (3) and go to the email to get the confirmation code to enter to successfully register a Phemex account!
6. 2FA security guide for account
- Step1: Go to My Account (1) => Select Account & Security (2)
- Step 2: Click Bind google 2FA (3) to confirm google authentication.
- Step 3: Open the Google Authenticator software, copy the Code or scan the QR code provided by Phemex (4)
- Note: You should save the Code or QR code to avoid losing your phone
- Step 4: Enter the code (5) (including 6 characters to be changed in 30 seconds) => Click Confirm (6)
- Step 5: Go to the email to get the confirmation code to complete the security account !!
- How to Get Free $80
Visit the link: Phemex Bonus
- First get $60 when you first load of the following coins:
BTC >= 0.2
USDT >= 2000
ETH>= 10
XRP >= 10000
LINK>= 500
- Received $20 continue when:
Spot: First transaction with an amount greater than or equal to 50 USDT => receive $10 immediately
Contract: Trade an order greater than 5000 USDT => Get $10
8. Coin withdrawal instructions
8.1 Top up
- Step 1: Go to property item (1) => Select Deposit (2) if you want to deposit BTC
Or click on other coin to choose (3)
- Step 3: Copy the wallet address or scan the wallet QR code (4) to top up
8.2 Withdrawal
- Step 1: Go to property item (1) => Select Withdraw (2) to withdraw BTC or can choose another
- Step 2: Fill in the wallet to receive coins (4) and the amount of coins to withdraw (5)
- Step 3: Click “Withdraw” (6)
9. Instructions to get link ref
- Step 1: Go to My Account (1) => Select Invite friends (2)
- Step 2: Copy the link or ID code (3) send it to a friend
10. Guide to Trade Coins on Phemex
10.1 Spot trading
How to enter the interface point:
You go to Products item (1) and choose Spot transaction (2)
(a) Information about open coins (price changes in 24 hours, highest price in 24 hours, lowest price in 24 hours, trading volume)
(b) Place a regional order
(c) The command are being on the command window
(d) Chart
(e) Current trading orders
(f) Order history
Spot interface on Phemex
Spot interface on Phemex
Trading order type on Spot interface:
Market: Order field and will set in accordance with the market price at the current point
Limit: Limit order places this order at your desired price, when the market price reaches your desired price, the order will be activated.
10.2 Contracts
- Step 1: Select market (1) => Select contract (2)
- Step 2: Select the coin to trade (3)
- Step 3: Order Limit: Buy/sell the coin at your desired price.
- Step 4: Enter the price you want to buy
- Step 5: Fill in the deposit
- Step 6: Select Long/short according to the analyzed market.
- Step 7: The modes have the following meanings:
Post-only: Guaranteed cryptocurrency from the balance product
Reduce- only: New security command is set to decrease only but not increase
Bracket order is the command to the key as and the same time at, medium limit on the same limit under
- Step 8: Select attack
Command market: Order to buy/sell coin price at current market price
Market command
- Step 9: Import of Escrow
- Step 10: Choose Long / Short according to the active market
- Step 11: Select attack
11. Frequently asked questions
Is Phemex exchange a scam?
Up to now, there has been no scandal related to the scam floor
Has Phemex exchange been hacked?
Currently, phemex exchange has not been attacked by hackers
Is Phemex trading fee high?
The exchange has an average transaction fee. If you are a vip user, the transaction fee is free
How to recover 2FA code when lost?
You can directly contact the support team for assistance
Should you trade on Phemex?
You should experience trading on phemex exchange, which is quite prestigious and convenient
What trading products does the exchange have?
Currently, the exchange has the following trading pairs:
BTC/USDT
ETH/ USDT
LINK/USDT
ADA/USDT billion
BCH/USDT
EOS/USDT
LTC/USDT billion
NEO/USDT
TRON/USDT
ONT/USDT
XRP/USDT
XTZ/USDT billion
On which devices can Phemex exchange be traded?
The exchange has supported trading on iOS, Android and website interfaces to help you trade anytime, anywhere
Does Phemex exchange support Vietnamese? Currently, the platform supports English, Russian, Korean, Chinese, Japanese, and Spanish.
How is Phemex's customer support team?
There are already some answers available in the help center. If your problem is not in the answer list, please go to the homepage and click on the chat icon to receive a direct response from the support team!
Conclude
Phemex exchange is also a fairly new cryptocurrency exchange in the list of cryptocurrency exchanges in the world. However, phemex is a reputable and convenient exchange for you to experience.
Hopefully through this article you can know more about a new cryptocurrency exchange.
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