Phemex

Thing ∙ ID: 10997

Phemex is a Singapore-based crypto derivatives trading exchange launched in 2019 by former Morgan Stanley executives. It offers low fees, deep liquidity, and user-friendly features for spot, contract, and margin trading. The platform supports over 250 assets and can handle 300,000 transactions per second. Phemex serves clients from beginners to professionals, providing financial advice, educational resources, and a mobile app. The exchange is available in 200+ countries but restricted in several regions, including the US and UK. Phemex charges a 0.1% spot fee and uses a Maker-Taker model for contract trading. Users can trade with up to 100x leverage on perpetual contracts.