Phemex News and Crypto Exchange & Derivatives Trading Updates
Phemex makes STRKUSDT perpetual futures available again with hedge mode and 50x leverage
Phemex has relisted the STRKUSDT perpetual futures contract, allowing trading with up to 50x leverage and supporting hedge mode for simultaneous long and short positions as of October 14, 2026.On ...
Phemex launches new $S (Sonic) perpetual contract featuring hedge mode and high-speed DeFi asset
Phemex has announced the listing of a new USDT-margined perpetual futures contract for $S (Sonic), which features up to 50x leverage, support for hedge mode, and minimum price increments of ...
Phemex shares market outlook ahead of September CPI with oil and yields in focus
Phemex highlighted rising oil prices, elevated Treasury yields, and a strong U.S. dollar as key market drivers ahead of the September U.S. inflation data release, noting market attention is ...
Phemex announces Futures Lucky Draw #12 offering trading rewards
Phemex announced a campaign offering users the chance to win a $50 futures trading bonus through a lucky draw that requires following their account, reposting, and submitting specific information, ...
South Korea expands crypto crackdown with 27 exchange websites blocked
South Korea is widening enforcement against unregistered virtual asset operators by extending access blocks from mobile apps to websites. The latest action covers 27 platforms, including KuCoin, ...
Phemex introduces Phemex Card for real-time spending from Spot Account balances with tiered USDT cashback
Phemex has introduced a virtual Mastercard debit card that enables eligible users to spend directly from their Spot Account balances in USDT or USDC, with real-time settlement and cashback rewards ...
Phemex introduces limited-time Perps trading campaign featuring BTC and ETH giveaways
Phemex has announced a 14-day promotion where participants who complete Perpetuals (Perps) trading tasks can enter a lucky draw, with prizes including BTC, ETH, USDT bonuses, and vouchers, ...
Phemex lists 10 winners for $200 Rewards Hub giveaway
Phemex announced the results of its $200 giveaway, listing 10 winners who will receive their rewards through the platform's Rewards Hub.Phemex has announced the results of its $200 giveaway, ...
Phemex unveils unified TradFi derivatives trading for stocks, gold, and indices with single-account access
Phemex announced the expansion of its TradFi product, enabling users to trade derivatives tracking US equities, metals, and indices using a single USDT-settled account, with 24/7 availability and ...
Phemex announces SAND/USDT perpetual futures listing with up to 50x leverage
Phemex announced the listing of a new SAND/USDT perpetual futures trading pair, with trading starting at 10:00 UTC on October 8, 2026. The contract supports USDT margin, up to 50x leverage, and ...
Phemex announces listing of QNTXUSDT pre-market futures for Quant Network token
Phemex has announced the listing of a new pre-market futures trading pair, QNTXUSDT, for the Quant Network token. The product is USDT-margined, supports hedge mode, and will launch at 10:00 UTC on ...
Phemex announces KYC status unaffected by address provided for Phemex Card
Phemex clarified that providing a residential address is required solely for the Phemex Card application and related services, and does not impact users' existing KYC status or registered KYC ...
Phemex introduces virtual Mastercard for direct USDT and USDC spending
Phemex has introduced a virtual Mastercard that allows users to spend USDT or USDC directly from their Spot account, supporting integration with Apple Pay and Google Pay for online and in-store ...
Phemex releases latest Proof-of-Reserves snapshot showing overcollateralized assets
Phemex reported updated reserve ratios for assets including BTC, ETH, and SOL, stating that all are above 100% in its latest Proof-of-Reserves snapshot. The announcement highlights the use of a ...
Phemex launches virtual Mastercard debit card with unlimited USDT cashback for EEA users
Phemex has introduced the Phemex Card, a virtual Mastercard debit card that allows eligible EEA users to spend USDT or USDC directly from their Spot account and earn unlimited cashback in USDT, ...
Phemex launches virtual Mastercard debit card with no fees and USDT/USDC spending for EEA users
Phemex announced the availability of its virtual Mastercard debit card, allowing users in the EEA to make in-store payments using USDT or USDC from their Spot balance, with no issuance, annual, or ...
Phemex introduces Phemex Card, enabling spot account spending and unlimited USDT rewards
Phemex has launched a virtual Mastercard debit card for eligible users, enabling them to spend USDT or USDC from their spot accounts and receive unlimited USDT cashback on qualifying purchases. ...
Phemex unveils $50,000 Futures Lucky Draw 11th event with tickets earned through trading and referrals
Phemex announced the '$50,000 Futures Lucky Draw 11th' campaign, where registered and KYC-verified users who complete specified futures trading and referral tasks between September 21 and October ...
Phemex unveils virtual Mastercard linked to Spot balances, offering instant spending and cashback
Phemex has launched the Phemex Card, a virtual Mastercard that enables users to spend USDT or USDC directly from their Spot balance, with a cashback program and no issuance or annual fees.Phemex ...
Phemex introduces paper trading tools to help users practice strategies before live trading
Phemex announced the availability of demo trading environments, allowing users to practice spot and contract trading with virtual funds to test trading strategies and platform features without ...
Phemex announces Trade & Spin promotion offering $50,000 prize pool and luxury rewards
Phemex has announced a futures trading promotion where participants can earn spins for completing trading and referral tasks, offering a chance to win from a $50,000 prize pool that includes items ...
