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Phemex introduces ARX/USDT perps with leverage options for traders
Phemex has announced the listing of ARX/USDT perpetual contracts, with trading available from June 23 and leverage options ranging from 1x to 10x. ARX is associated with Arcium, a decentralized network focused on privacy-preserving applications for AI, DeFi, and Web3.
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Phemex has listed ARX/USDT perpetual contracts, allowing users to begin trading on June 23 at 10:00 UTC. The contracts offer leverage options ranging from 1x to 10x.
According to the announcement, ARX is linked to Arcium, which is presented as a decentralized confidential computing network supporting privacy-preserving applications in areas such as AI, decentralized finance (DeFi), and Web3. No additional information about the listing, such as trading fees or eligibility requirements, was provided in the post.
Phemex is a cryptocurrency exchange that supports both spot and contract trading, offering a wide range of cryptocurrencies and tokens, with the US dollar as the only fiat currency option. The platform features low trading fees, the ability to reduce spot fees to zero with a premium account, leverage up to 100x for contracts, demo accounts, and educational resources with opportunities to earn crypto. For more details, read the broker profile on Traders Union.
In our earlier news about Phemex, we covered the launch of their monthly Rewards Bot program, where users can earn points through trading and inviting friends for a chance to win a share of a $1,000 USDT prize pool. For details, read 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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