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And so today I will tell you about the Phemex exchange.
A cryptocurrency exchange is a trading platform designed for trading cryptocurrencies and other digital assets. Each cryptocurrency exchange provides its own unique opportunities, and therefore users choose a particular platform for trading digital assets. Phemex exchange is one of the most popular exchanges and occupies a leading position in the ratings of trading platforms. The company’s marketers used a lot of interesting tools to attract customers, and the developers provided users with the most favorable conditions and the most convenient interface for trading.
Phemex is a Singapore-based derivatives exchange that opened in December 2019.
The creators are eight former employees of the American financial conglomerate Morgan Stanley.
I will immediately tell you about the small shortcomings of the exchange
Among the negative aspects of the Phemex exchange, users distinguish:
it is absolutely a cryptocurrency platform that does not interact with fiat assets in any way;
no credit limit;
some coins can only be withdrawn in whole units, which is not always convenient;
there are small errors in the translation into other languages;
there were small delays in the operation of the system under high load;
no support service in Russian;
information about methods of protecting finances and personal accounts is not published anywhere, which is alarming for some users.
This exchange has a lot of advantages, which is why I’m talking about it.
The exchange has earned trust primarily due to a strong team of developers who know their business perfectly. One of the advantages is not a bad welcome bonus of $ 72 for beginners. You can get them by completing a couple of simple tasks.
What you can get zhti bonuses for:
$2 to all new users
$10 — for reposts in social networks
$60 when depositing from 0.2 BTC or $1500
What about security? The security of the exchange, I would say at a very high level of 5/5. Phemex processes withdrawals 3 times a day, and each request is pretty thoroughly reviewed by the operators and founders.
The pleasant advantages of the company include quick registration.
If you are a more experienced trader, the advanced options allow you to view more detailed statistics. For example, if you need to see the price movement between BTC and ETH, you can view a more detailed chart.
Candle bars allow you to view the opening and closing price, the maximum and minimum of the cryptocurrency for a certain period of time.
If you are just starting to trade cryptocurrency, it is probably best to use the classic option until you feel more comfortable! To join the users of the platform, it is enough to go to the official website of the exchange and, by clicking on the “Register” button, fill out the questionnaire form.
I also want to note the design of the site is very attractive, which attracts and inspires confidence. The design is the best of all that I have seen everything is clear even I would say it feels clear.
The minimum deposit amount on Phemex depends on the payment method. At the same time, it should be borne in mind that there are not so many fiat pairs on the exchange. That is, when making traditional conventional units (EUR, USD, RUB, UAH, and others), expect that they will be immediately transferred to the virtual currency that you have chosen
In conclusion, it is worth saying that Phemex is the most interesting exchange for users from all over the world. In just a year, the platform has gained crazy popularity, because it provides an excellent set of tools for analysis, a wide list of available trading pairs, as well as a high degree of account security and the most loyal terms of cooperation. The presence of insignificant shortcomings does not prevent the exchange from becoming the largest trading platform in the world, and the developers are trying to make their product even better and fix all existing problems.