Phemex announces AI Trader rollout with zero profit-sharing and loss coverage

Phemex announces AI Trader rollout with zero profit-sharing and loss coverage
Phemex unveils AI copy trading upgrade

Phemex has launched an AI-powered upgrade to its copy trading platform, introducing a system of AI-driven strategies available to users, with participants eligible for a $500,000 prize pool and loss coverage on their first copied trade.

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Phemex has announced an upgrade to its copy trading platform, introducing a system described as a "matrix of AI quant schools" that operates around the clock to monitor markets and generate trading strategies. The promotion related to this launch includes a $500,000 prize pool, zero profit-sharing fees for participants, and coverage for potential losses on a user's first copied trade. Details on exact launch timing are limited, with the start date noted as "tomorrow" relative to the announcement.

How to join the promotion

To participate in the Phemex AI copy trading promotion, log into your Phemex account and navigate to the copy trading interface on the platform. Select your preferred strategies within the AI quant schools matrix and initiate copy trades during the campaign period. By joining, you benefit from zero profit-sharing fees, first-trade loss coverage, and eligibility for a share of the $500,000 prize pool. New users can get started by visiting the official sign-up link.

Phemex is a cryptocurrency exchange that supports both spot and contract trading of a wide range of digital assets, with the US dollar as its sole fiat currency. Key features include competitive trading fees, leverage up to x100 for contracts, demo accounts, educational resources with opportunities to earn cryptocurrency, investment solutions with flexible and fixed options, and a referral program. Users can learn more about the platform in the broker profile on Traders Union.

For more insights into Phemex’s recent initiatives, see our earlier news about their launch of a football-themed trading and prediction campaign with a $7,000,000 prize pool in the previous Phemex update on Traders Union.

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