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Phemex has announced the listing of ethereum:0x8457ca5040ad67fdebbcc8edce889a335bc0fbfb (AltLayer) perpetual contracts, which can now be traded against USDT with up to 50x leverage.
Phemex has introduced a new perpetual contract for ethereum:0x8457ca5040ad67fdebbcc8edce889a335bc0fbfb, which is associated with AltLayer. This contract is now available for trading against USDT with leverage up to 50x. No additional details about the listing or contract specifics were provided in the announcement.
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Phemex is a cryptocurrency exchange platform that supports spot and contract trading for a wide range of cryptocurrencies and tokens, with the US dollar as the sole fiat currency. The platform features low trading fees, leverage up to x100 on contracts, demo accounts, a comprehensive knowledge base, educational tutorials with crypto rewards, and investment solutions with variable yields. For further details, you can view the broker profile on Traders Union.
For more on Phemex's recent activities, see our earlier news about their card promotion, where users could submit proof of Phemex Card purchases for a chance to win a $50 USDT bonus, in the previous Phemex update on Traders Union.