Tag: What are the fees on Phemex?

Phemex. Phemex is a Singapore -based cryptocurrency exchange that specializes in spot and derivatives trading. The exchange allows individuals from all over the world to trade cryptocurrencies through a user-friendly and secure crypto platform.

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Phemex employs a -0.025% maker fee and a 0.075% taker fee . This matches industry standards.

Log in to Phemex.com and click Assets on the top right corner of the page. Select Contract Account. Inside the USD Trade Account section, click the Transfer In button. Select BTC Wallet from the left-side drop-down menu.

The Phemex cryptocurrency exchange is a full-service platform . It offers leverage trading up to 100 times your initial investment amount and accepts deposits from credit cards. Phemex provides ways to earn interest, and it offers free real-time trades for premium members.

Following the completion of the registration and identity verification for your Phemex Account, you may conduct OTC Trading on Phemex via third-party OTC platforms (each an “OTC Platform”) as designated by us from time to time .

Your withdrawal will be credited to your wallet within 1-2 hours . Due to the time needed for the manual process and pending transactions on the blockchain to carry out. If you just miss a withdrawal ‘cut- off ‘ time, it takes you about 9 hours to receive the BTC.