Phemex announces new RE token futures listing with up to 20x leverage

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Phemex announces new RE token futures listing with up to 20x leverage — Phemex to list RE token futures

Phemex announced the upcoming listing of the RE token on its futures platform, enabling trading with 1x to 20x leverage starting at 10:00 UTC. RE is associated with Re Protocol, which focuses on bringing real-world reinsurance exposure on-chain.

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Phemex has announced that it will add the RE token to its futures trading platform. Trading of RE futures is scheduled to begin at 10:00 UTC, with leverage options ranging from 1x to 20x.

RE is identified as the token for Re Protocol, a project described as bringing real-world reinsurance exposure on-chain. No further details about the listing or the project were provided in the announcement.

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Phemex is a cryptocurrency exchange that supports spot and contract trading with a wide range of cryptocurrencies and the US dollar as the primary fiat currency. Key features include low trading fees, leverage up to x100 for contracts, demo and premium accounts, an extensive knowledge base, and a variety of deposit and withdrawal options. For more detailed information, visit the broker profile on Traders Union.

For more context, our earlier news about Phemex highlighted reminders and participation details for the ongoing Copy Days campaign; learn more in the previous Phemex update on Traders Union.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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