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Phemex announced the initial listing of several new futures stock pairs, including NFLX/USDT, COST/USDT, and others, with trading starting on June 10 at 10:00 (UTC) and support for up to 10x leverage.
Phemex has announced the initial listing of several new futures contracts in its Stocks Section, with trading set to begin on June 10 at 10:00 (UTC). The listed futures contracts will offer trading pairs including NFLX/USDT, COST/USDT, URNM/USDT, HIMS/USDT, EBAY/USDT, and others.
According to the announcement, these products support leverage of up to 10x. No additional details about contract specifications or trading conditions were provided in the post.
Phemex is a cryptocurrency exchange offering spot and contract trading on a wide selection of digital assets, with the US dollar as the sole fiat currency supported. The platform features low trading fees, accounts with the possibility to reduce spot fees to 0%, leverage up to x100 on contracts, and a minimum deposit requirement equivalent to 0.00000001 BTC. Phemex also provides a demo account, educational guides with crypto rewards, investment solutions, and mobile access; more details can be found in the broker profile on Traders Union.
For more context, our earlier news about Phemex covered the launch of their AI-powered copy trading platform and a major promotional campaign with a $500,000 prize pool; you can read more details in the previous Phemex update on Traders Union.