Company Profile
Phemex Is A Global Platform Focused On Cryptocurrency Derivatives Trading. It Was Founded By Jack Tao, Former Vice President Of Morgan Stanley, In November 2019. It Is Headquartered In Singapore And Registered In The British Virgin Islands. The Platform Is Dedicated To Providing Users With An Efficient Trading Experience, Supporting More Than 250 Cryptocurrencies, 137 Contract Trading Pairs, And 238 Spot Trading Pairs. As Of Q3 2023 , Phemex Can Process 300,000 Transactions Per Second , And The Order Response Time Is Less Than 1 Millisecond , Demonstrating Strong Technical Support Capabilities.
Regulatory Information
Phemex Has Obtained A Legal Operating License In British Virgin Islands To Ensure Its Compliance On A Global Scale. Although The Platform Is Not Directly Regulated By Specific Countries (such As The United States, Canada, China, Etc.), Its Compliance Statement Clearly States That Users Need To Abide By The Laws And Regulations Of The Country Where They Are Located. Phemex's Compliance Is Reflected In The Following Aspects:
- Zero KYC Policy : Users Can Start Transactions Without Authentication.
- Transparent Fees : All Transaction Fees Are Open, Transparent And Clearly Labeled.
- Funds Security : Users' Assets Are Protected By Cold Wallets And Multi-signature Technology To Ensure The Safety Of Funds.
Trading Products
Phemex Provides A Variety Of Trading Products To Meet Different User Requests:
- Spot Trading : Support Real-time Trading Of Mainstream Cryptocurrencies Such As BTC, ETH, And USDT, Providing Efficient Liquidity.
- Contract Trading : Support 100x Leverage Trading, Covering A Variety Of Contract Varieties Such As BTCUSD And ETHUSD.
- Margin Trading : Provide Users With Leverage Trading Services To Help Them Amplify Their ROI.
- Spot Trading : Provide Fast Buying And Selling Services To Meet The Immediate Needs Of Users.
Trading Software
Phemex's Self-developed Trading System Adopts AIoT (AIoT) Risk Control Technology To Provide Users With A Stable And Safe Trading Environment Through Real-time Data Processing And Automated Risk Control Models. The System Supports:
- Millisecond-level Response : Efficient Order Processing And Reduced Transaction Delays.
- Multi-end Point Adaptation : Supports Desktop, Mobile End And Web Trading.
- Smart Charting Tool : Provides Advanced Technical Analysis Functions To Help Users Formulate Trading Strategies.
Deposit And Withdrawal Methods
Phemex Provides A Variety Of Deposit And Withdrawal Methods, Supports Bitcoin (BTC) , Ethereum (ETH) , USDT And Other Mainstream Cryptocurrencies, And Zero Processing Fee . Users Can Complete Funds Access In The Following Ways:
- On-chain Transactions : Complete Funds Transfer Directly Through The Blockchain Network.
- Andex Wallet : Support The Fast Access Function Of Yandex Wallet.
Customer Support
Phemex Provides 24/7 Customer Support Services. Users Can Be Contacted By:
- Email : [email protected]
- Telephone : Global Customer Service Hotline
In Addition, Phemex Also Provides Educational Resources, Including:
- Educational Portal : Provides Novice Guides, Trading Strategies, Market Analysis, And More.
- Referral Program : Users Can Earn Additional Benefits By Inviting Friends To Register.
Core Business And Services
Phemex's Core Business Includes:
- High Frequency Trading : Meet The Needs Of High-frequency Traders Through Millisecond-level Responses.
- Leveraged Trading : Support Up To 100x Leverage , Providing Users With Flexible Investment Options.
- Risk Management : Protect User Assets Through Dynamic Margin Calculation And Forced Position Squaring Mechanism.
Technical Infrastructure
Phemex's Technical Infrastructure Is Based On AIoT Risk Control System , Combined With Distributed Node Network And Cold Wallet Storage To Ensure Transaction Efficiency And Security. The Platform's Infrastructure Supports:
- High Throughput : Processing 300,000 Transactions Per Second .
- Low Latency : Order Response Time Is Less Than 1 Millisecond .
- Multi-level Security Protection : Protect User Assets Through Multi-signature And Encryption Technology.
Compliance And Risk Control System
Phemex's Compliance And Risk Control System Is Based On User Asset Security, Including:
- Zero KYC Strategy : Users Can Trade Without Authentication To Protect Privacy.
- Dynamic Margin Calculation : Adjust Margin Requirements According To Market Fluctuations To Reduce The Risk Of Forced Position Squaring.
- Multi-level Risk Control Model : Combine Market Data Analytics And Automated Risk Control Systems To Prevent Market Manipulation And Abnormal Volatility.
Market Positioning And Competitive Advantages
Phemex's Market Positioning Is A Global Cryptocurrency Derivatives Trading Platform, And Its Competitive Advantages Include:
- Efficient Liquidity : Supports More Than 250 Cryptocurrencies And 137 Contract Trading Pairs , Providing Strong Liquidity.
- Low Fee : Spot Transaction Fees Are 0.1% , Contract Trading Parties Are Only Charged 0.06% , And Pending Parties Are Only Charged 0.01% .
- User-friendly : Multi-lingual Support, Educational Resources, And Referral Programs Are Available To Meet The Needs Of Both Novice And Professional Investors.
Customer Support And Empowering
Phemex Empowers Users In The Following Ways:
- Educational Resources : Provides A Novice Guide, Technical Analysis, And Market Reports.
- Referral Program : Users Can Earn Rewards By Inviting Friends To Sign Up.
- Community Support : Interacts With Users Through Forums And Social Media To Gather Feedback And Optimize Services.
Social Responsibility And ESG
Phemex Actively Fulfills Corporate Social Responsibility, Including:
- Environmental Protection : Reduce Energy Consumption By Optimizing Technical Infrastructure.
- Social Good : Make Regular Donations To Education And Research Projects In The Cryptocurrency Sector.
- Transparency In Governance : Make Operational Data And Compliance Information Public To Ensure Transparency.
Strategic Collaboration Ecosystem
Phemex Has Established Strategic Partnerships With Several Well-known Enterprises In The Cryptocurrency Ecosystem, Including:
- Technology Partners : Collaborating With Blockchain Technology And Data Analytics Companies To Improve Platform Performance.
- Community Partners : Collaborating With The Cryptocurrency Community And Media To Expand Brand Influence.
Financial Health
The Financial Health Of Phemex Is Reflected In The Following Aspects:
- High Liquidity : Strong Liquidity And Order Processing Capabilities.
- Transparent Fees : All Fees Are Open And Transparent, With No Hidden Costs.
- Solid Growth : As Of Q3 2023 , Platform Trading Volume Has Increased Steadily.
Future Roadmap
The Future Development Directions Of Phemex Include:
- Product Expansion : Plans To Add More Trading Instruments And Financial Instruments.
- Technological Innovation : Continuously Optimize The AIoT Risk Control System And Trading Infrastructure.
- Globalization Layout : Further Expand To More Countries And Regions To Expand The Client Base.
