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Phemex is a cryptocurrency investing platform that lets users buy, sell and trade digital assets. This means they can buy Bitcoin, Ethereum, USDT, and other leading cryptocurrencies using their local fiat. It also boasts a 100x leverage when trading with derivatives; use conditional offers, take profit, stop loss, and more. All these together with their more than 30 integrated liquidity providers make Phemex the most efficient crypto-trading and investment platform.
Order response times are less than one millisecond with 300,00 transactions per second. Now that's computing power!
Phemex offers FIX API for institutional traders to ensure a high standard of quality and security. For the more serious traders who prefer everything to be quantified, there are sub-accounts available for them.
Phemex offers cold offline storage and every transfer requires a two-level human scrutiny offline procedures to make sure you are not a robot.
Support is multilingual and available on Twitter and Telegram and is available 24/7. It. Even the CEO checks in every now and then to answer people's questions.
Phemex employs a -0.025% maker fee and a 0.075% taker fee. This matches the industry standard. No deposit fees but there are withdrawal fees.
Phemex is a very safe platform and so can be trusted. There are also no trading fees which is a plus. All in all, it is a well-rounded platform that is user-oriented and lightning-fast. The sub-account option is also a practical feature for some.