Phemex as the Leading Crypto Trading and Investing Platform in 2022 Phemex provides its clients with unlimited trading options

What is Phemex?

Launched on November 25th, 2019, the company is based in Singapore. It is one of the biggest and most advanced crypto trading and investing solutions worldwide.

Phemex provides its clients with unlimited trading options. The main goal of this platform is "to empower everyone to trade simply and manage risk efficiently.' On the day this article was written, Phemex saw 24-hour trading volumes of 4.5 billion USD.

Key features and advantages of the platform

Phemex has established a stronghold on the market due to its user-friendly approach, lightning fast transaction time, and convenient sub-account features.

Phemex is regarded as one of the industry's premier financial services providers with extremely low trading fees. Users can even reduce spot trading fees to zero by becoming premium members.

It offers a wide range of cryptocurrencies that customers can instantly purchase without the hassle of converting or trading for them.

Being one of the leading crypto exchanges, Phemex currently offers more than 50 crypto assets. As with everything in the rapidly-growing crypto industry, Phemex is constantly expanding its offerings so customers might be able to trade or buy more cryptocurrencies in the near future.

Let-s take a closer look at the most important features that users will definitely like.

Gold/USD trading pair

On March 30th, 2020, Phemex introduced Gold/USD trade where users can trade Gold/USD with up to 100x leverage. This is a helpful trading pair for users to get access to gold during times of high volatility.

Hit the spot

Spot trading is a popular marketplace because it focuses on known assets that are easy to understand and trade. What's interesting about SPOT trading is that it offers a zero-fee model. With Phemex, it is possible to purchase a premium membership for just $9.99 per month and enjoy zero fees on spot trading.

Contract trading

In addition to spot trading, Phemex supports contract trading as well. Phemex also offers leverage up to 100 times the initial investments of its customers. All relevant trading charts are accessible for decision-making and price analysis. As of recently, there are around 40 contracts that users can trade contracts on.

Bonuses

The company constantly launches events and special promotions to give customers extra benefits, including through its referral program.

Phemex offers different rewards to attract customers. As a welcome bonus, Phemex offers newcomers up to $60 for any deposit of 0.03 BTC or more. This bonus can also be claimed by topping up other virtual assets such as ETH. In addition, it is possible to get a $10 USD trading reward in case customers share a pinned post on Twitter and verify their identity.

To sweeten the deal, Phemex also offers clients a $10 spot trading bonus for a single order worth +500 USDT and a $10 contract trading reward for a single BTC/USD transaction of at least $5K.

Mobile app

Last but not least, the platform has a mobile application for Android and iOS. The nifty App features essential trading tools and solutions. In addition, it boasts several key advantages:

• User-friendly design. The app is easy to navigate and for new crypto traders. All trading solutions are available on the go.
• Deposit and withdraw funds smoothly. The mobile app makes it incredibly easy to top up via QR code and start trading.
• Strong security system. The security of user funds and personal data is a top priority for the company.
• The platform is careful about listing new assets, and is looking to promote tokens associated with NFTs and the Metaverse.
• 24/7 support. The app also has a chat. So, it is easy to stay in touch with the support team at any time and ask anything regarding the platform.
• Notifications with the latest news and updates. Customers can be aware of the latest events, promotions, and news.