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Phemex (phemex.com) is welcoming new customers with up to $100 in bonuses. There are numerous other bonus opportunities frequently updated. If you join the All-Star Program, you could earn up to 50% bonus commission on your referral network. Click here for more cryptocurrency promotions.
Also, see crypto offers from Hodlnaut, BlockFi, Coinbase, Crypto.com, and Voyager.
Founded in 2019 by eight former Morgan Stanley executives, Singapore-based Phemex is a crypto exchange that aims to provide institutional-level derivatives trading to the masses. At the time of writing, CoinMarketCap reported that Phemex had a 24-hour trading volume of over $5.5 billion. Below, we’ll take a closer look at Phemex and their current offers.
| Supported Cryptocurrencies | 50+ |
| Buy Crypto w/Fiat | Yes |
| Derivatives & Futures | Yes |
| NFTs | No |
| Customer Support | Live chat, email |
| U.S. Customers | Limited access* |
*While U.S. residents can access Phemex, it’s best to confirm if your state allows the exchange.
Phemex Offer: Up To $100 In Bonuses
Use this link and scroll down to see the offer to earn up to $100 in bonuses.
Enjoy up to $100 in welcome bonuses when you complete the following tasks:
| TASK | BONUS |
| Deposit Bonus 1. Make a deposit in BTC/ETH 2. Complete ID verification | $10 |
| Advanced Bonus 1. Must meet the minimum threshold* 2. Must make a certain amount in contract transactions | $60 |
| Social Media 1. Follow Phemex’s Twitter account 2. Complete ID verification 3. Submit your Twitter account | $10 |
| Spot Trading (single order of at least 500 USDT) | $10 |
| Contract Trading (single transaction worth at least $5,000) | $10 |
*Deposit requirements are as follows: BTC ≥ 0.05, USDT ≥ 2000, ETH ≥ 1.5, LINK ≥ 80, XTZ ≥ 700, LTC ≥ 15.
Phemex constantly updates with new bonus opportunities. Check the link below for the latest offers.
These bonuses are valid for new customers only. More details here.
Phemex Referral Promotions
Update: Phemex constantly updates their referral program. The offer below may have since updated. See their referral program details here.
Earn a gift pack reward (contract fee discount + cash bonus) for every person who accepts your Phemex invitation, completes registration, and begins to trade. Your referral rewards will instantly apply to your account. Here’s how the gift packs break down:
| Referral #1 | 10% contract fee discount for 1 month ($10 value) $40 cash bonus |
| Referral #2 | 10% contract fee discount for 2 months ($20 value) $80 cash bonus |
| Referral #3 | 10% contract fee discount for 3 months ($30 value) $120 cash bonus |
Please note, if you receive multiple contract fee discounts at a time, they will not accumulate. Instead, the discounts will be applied one after the other.
Phemex All-Star Program: Up To 50% Referral Commission
The Phemex All-Star Program is a higher-level referral tier. To participate, you need to submit a separate, short application. If you’re accepted, you’ll permanently earn a 50% bonus commission from members in your referral network. That means you’ll get commissions from your referrals, their referrals, and so on. See All-Star Program details here.
Phemex Features
Phemex’s goal is to provide a hassle-free and safe space for crypto trading. Services include:
- Margin trading up to 100x leverage.
- Gold/USD trading with up to 100x leverage.
- A demo platform to practice trading without any associated risk.
- Flexible Savings accounts to earn interest on your digital assets without any long-term commitments.
- Fixed Savings accounts to earn even higher interest on BTC and USDT invested for a fixed period of time.
Notable features include:
- Convenient crypto purchases using a debit or credit card.
- Advanced order types, including market, limit, and conditional orders.
- Sub-accounts with separate balances and levels of permissions for isolating different trading strategies.
- Campaigns and events with generous prizes and crypto bonuses.
- “Learn and Earn” program where you earn extra bonuses by watching videos and completing quizzes.
- 24/7 customer support team.
To keep your data and funds safe, Phemex uses email verification, two-factor authentication, a separate cold wallet deposit address for each user, and the Amazon Web Service (AWS) Cloud.
Bottom Line
Phemex is a full-service crypto exchange with leverage trading up to 100x your initial investment amount. Other features include deposits from credit cards, crypto savings accounts, and free trades for premium members. If you decide to join, don’t forget to use this referral link to get up to $100 in welcome bonuses.
See our brokerage and investment offers page here, with offers from Ally Invest, Public.com and more.
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Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.