Hugely disappointed in Phemex. Looked a good exchange, put in contract to represent them and all was going well until they needed to pay me money for hitting targets.. they terminated the contract im... See more
While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
See what reviewers are saying
I would steer clear of Phemex, one of the worst leveraged trading platforms there is. I am a successful trader with high percentage of wins. Once the platform recognised this, the app then begins to m... See more
Took my SOL happily, made it a nightmare to withdraw my own funds. Honesty I'm sick of using CEX, I am going to use DEX from now on because all this 2FA, KYC, 24 hour withdrawal holds, security checks... See more
Company replied
Phemex lures people in with promises of large sign-up bonuses, but there are very significant strings attached to virtually all of the offers (e.g., a requirement that you have to trade a cumulati... See more
Company replied
Company details
Information provided by various external sources
Phemex is the fastest Bitcoin futures trading platform, founded by 8 Ex-Morgan Stanley Executives. No overload, no downtime. We provide 24/7 hours customer service support.
Contact info
Singapore
- phemex.com
You should know
Hasn’t replied to negative reviews
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
Phemex
Phemex, my experience transacting here is honestly very easy to access especially for beginners like me, many good events await Traders for competition but the mistake of the withdrawal process, please speed up, thanks for the good work of the team, god bless you
#LetsReviewPhemex

Reply from Phemex
BONUS IS FALSE
After having to chase the automatic bonus payment they have not paid the full bonus as promised 3 times by the support staff. They only paid 50%. I then traded with the 50% and the losses were taken from my currency and not the bonus. I believe this to be criminal.

Reply from Phemex
Phemex is an Excellent Plataform!
Phemex offers many benefits and opportunities for traders. The platform is very easy to use and suitable for both new and experienced traders.

Reply from Phemex
Phemex Exchanger Real Review.
Phemex Exchanger Real Review.
PHEMEX exchanger is a good exchanger. I trade here because it is a trusted exchanger. I like the exchanger if you want, you can use it to make a good profit income from online trading.
I have been using it for a long time. I have not seen any problem so far. I will suggest you to use PHEMEX exchanger and earn income by trading online. PHEMEX exchanger is a good exchanger inside the current online. So I will tell you if you want to earn income by trading with confidence then PHEMEX exchanger Do it without any problem. There is no possibility of eating dollar loch here. Because I have been using it for a long time, I have not read any problem. It is easy to sign up. You can easily sign up. The Fastest Crypto Exchange and Futures Trading Platform
Average trading volume per day have reached $ 574,000,000
Phemex offers a number of interesting services. The company began as a cryptocurrency derivatives exchange offering products such as Bitcoin perpetual contracts.
Phemex allows a maximum leverage of 100x on these products. This means that you can hold a position worth 100x more than your original investment. However, a very small change in price in the opposite direction can cause you to get liquidated and lose all your funds. This type of leverage is already offered by BitMEX and ByBit. Leveraged products are incredibly risky and must be used with careful consideration.
To help you manage this risk, Phemex offers tools such as take profit and stop loss conditional orders. With these orders you can define and improve your trading strategies while maximizing opportunities for profit.
Since May of 2020 Phemex also offer an innovative zero-fee spot trading service. With it, you can trade BTC, ETH, XRP, LINK, XTZ, LTC, ADA, TRX, ONT, BCH, and NEO against USDT on the platform without having to pay any commissions. Compare this to most popular exchanges that charge 0.10-0.50% each time you buy or sell a cryptocurrency.
Buy cryptocurrency safe and reliable
Search
BEGINNER’S GUIDE
Crypto
Live Prices
Exchanges
News
Free Crypto
Contact
Close Menu
Home» Review» Phemex Review»
Phemex review
Phemex, founded in 2019, is one of the latest cryptocurrency and derivatives exchanges to join the industry. Already, they have gained a significant market share and offer interesting promotions. They directly compete with big names such as BitMEX, ByBit, and Binance. Can Phemex become a replacement for these exchanges? The availability of Phemex is subjected to regulation.
In this Phemex review you will learn all about the exchange, how to trade on it, and additional background information. You are also welcome to leave your own review at the end.
platform to trade...
As every one knows that phemex is a well known exchange for it's great airdrop distributions and offers for new and old users it provides us the opportunity to earn crypto currency with and without investment
Everyone getting their rewards on time as they promis.its easy to use friendly user dashboard easy to trade No need kyc its preety cool One of the best projects offers good opportunities for newbies. The project has goals, big plans for the future, and a strong reliable team.phemex project have a successful future.

Reply from Phemex
Phemex wallet is really one of the best reliable exchanger wallet
Ever i seen one of the best crypto Exchanger site is phemex wallet undoubtedly from my perspective 😍sometimes this site gave us incredible opportunity for earning money easily among them gleam.io this sites task. When we are complete there requirement task fulfil then we get entry and after some days there distribution there token and then we get lot of usd and also phemex exchanger most of the time give us giveway opportunity and they are randomly select there limited winner.Altemately i am received lot of money without investment. I am fulfill there task carefully and most of the time luckily i was the winner from giveway and few days ago they are gave us 15$ for complete there easy task. I can expected really i can't get but luckily yeah i am get 15$ easily.I was really very happy and excited then i Don't miss there any opportunity because trust that phemex and gleam.io are not fake there real and 100% there paying among there condition. I am continuously working with there all opportunity and i believe they are really in future working good and very helpful and earn Money easily from this project. Among Phemex wallet we can easily exchange our crypto and we can easily continue our trade in this wallet. To be honestly we are working with phemex because of that.actually i am not good at an English thats why I can't give the analysis as beautifully as I do.You can work with confidence in this wallet.I want to stay with this wallet for a long time because their service is very good.I am optimistic that phemex Wallet is going to give us something much better in the future.For this I will always be with all work phemex wallet.Those of you who don't know anything about phemex Wallet you are rihgt now you going to play store and search phemex wallet and install now then create a wallet.I hope you will find satisfaction in their work. First of all you have to create a wallet and then you can visit this wallet easily and this wallet really Maintain a strong privacy for trade that exchanger is one of the best exchanger wallet ever i seen that said again because i already got lot of good opportunity from this wallet and among this wallet you can free extra earn like me such as gleam.io site you are fillup there requirements and you get entry that is show your profile.if you are get more entry that is good for you because you can earn more usd so if you are dont join this For this reason, if you have not joined yet, join now.I suggested every crypto trader join fast dont miss pump opportunity from phemex that is 100% real and they gave us amazing offer among gleam.io so please i said that again and again dont miss there any opportunity. There regularly paying free usd from there some easiest task then you can earn loy of money from phemex.

Reply from Phemex
First of all said that,phemex exchanger…
First of all said that,phemex exchanger site is really 100% realible and also very quickly we can exchange any crypto and also we can easily with trusted continue our trade for income money safely..sometimes this exchange give us lot amazing opportunity for earn money and sometimes give us giveaway that is really really pay able within there in time..thats wife i love this exchanger...i wish long time i have to stay phemex exchanger😍

Reply from Phemex
Excellent crypto trading platform and app
I've started to use Phemex for Crypto trading since early 2021.I have to say this app is my favourite one compare to Binance and Bybit. I specifically like the app designed, it's smart phone friendly. Because of my job, I do need to use my phone to set up trades when I don't have a PC with me. Before my experience with Phemex, I had tried Bybit, unfortunately their website on phone didn't show 2 excuted trades which caused me explosed my account. Phemex never let me down. I recommend Phemex's platform and mobile app to anyone who are willing to do crypto trades. They also have many excellent events which give people chance to win pretty good rewards up to 100k USD . The only issue is deposit transaction part (Fiat transfer fees are bit high due to 3rd party charges) but they provide 80 USD bonus to cover your transaction fees under certain conditions. Overall Phemex is a good choice for experienced traders.

Reply from Phemex
I am very happy to use this exchange
I am very happy to use this exchange. I have used many exchanges but I have not found such joy in any of them. This is a very good exchange. I also tell everyone that once you come, it will be very good. This website is very beautiful. The design is also very beautiful. It is very safe to keep money here. The menus on the website are very nice.It's great airdrop distributions and offers for new and old users it provides us the opportunity to earn crypto currency with and without investment. Everyone getting their rewards on time as they promise. Easy to use dashboard, easy to trade. No need kyc. One of the best projects offers good opportunities for newbies. The project has goals, big plans for the future, and a strong reliable team. Phemex projects have a successful future

Reply from Phemex
It's great airdrop distributions and…
It's great airdrop distributions and offers for new and old users it provides us the opportunity to earn crypto currency with and without investment. Everyone getting their rewards on time as they promise. Easy to use dashboard, easy to trade. No need kyc. One of the best projects offers good opportunities for newbies. The project has goals, big plans for the future, and a strong reliable team. Phemex projects have a successful future

Reply from Phemex
Congrats for most promting & Greetings…
Congrats for most promting & Greetings for your Project.We are more exciting & awaiting for your bonus.
Phemex is a wonderful trading platform. And It's User friendly experience. No Required for kyc verification. Phemex recently announced as more competition/Airdrops. Phemex give a Airdrops for each and every users.

Reply from Phemex
Phemex is one of the best crypto wallet…
Phemex is onr of the best crypto wallet i ever seen they share to many drop and all are paid i hope they also share their own token like sfp twt bnb and all together they also make good blockchain command and their service is all up to the mark next we all goin the moom woth phemex good luck go ahead

Reply from Phemex
Good platform to trade...
As every one knows that phemex is a well known exchange for it's great airdrop distributions and offers for new and old users it provides us the opportunity to earn crypto currency with and without investment
Everyone getting their rewards on time as they promis.its easy to use friendly user dashboard easy to trade No need kyc its preety cool One of the best projects offers good opportunities for newbies. The project has goals, big plans for the future, and a strong reliable team.phemex project have a successful future

Reply from Phemex
SCAMMERS WILL STEAL YOUR COIN!
SCAMMERS WILL STEAL YOUR COIN!! THEY OFFER GREAT PURCHASE RATES BUT ONCE YOU DEPOSIT YOUR COIN IT WILL COST YOU A FORTUNE TO GET IT OUT! THEY HAVE ONE AFTER ANOTHER OF UNLISTED FEES

Reply from Phemex
sketchy!!!!!!!
They say you cannot trade from US but they will still take your money for signing up with their services if you are from the USA, using a USA credit card, and they will not refund it.
They also will not let me delete my account.

Reply from Phemex
bait & switch dishonest business model
Phemex is a bait and switch dishonest business model claiming to have 0% fees on spot trading. What they do instead is have a gap where they don't show you the quotes where transactions are being placed. They are missing the top 10 or bottom 10 so you are always overpaying for the trade. When you place a market trade is far above the market where other trades are being processed. Pyramid scheme of getting others to sign up and sharing commissions which outlines that they actually do charge very high fees. On their page related to starting your own business of Phemex All Stars "The customer makes one trade worth $1,000 and pays 0.25% in fees, equivalent to $2.5." Meaning you are actually paying high than others which is often .1% On top of that the trading platform is mediocre UI. As if all that weren't bad enough they want to charge you a monthly fee because you imagine you are getting 0% fees. Great business model for their own profits horrible everything for actual customers.

Reply from Phemex
Iam using this crypto exchange since 3…
Iam using this crypto exchange since 3 months, iam impressed from it because its very easy to understand and i trust this company.

Reply from Phemex
A good exchange, but no app.
I used this exchange for several months. Totally legit, decent and fair. The fees they charge are about average. I was impressed by the speedy work of the platform! There's a 100X leverage for those who is really experienced. I only left it because there was no mobile application, it wasn't convenient at all not to to check your trades when you're not at your pc.

Reply from Phemex
The Trustpilot Experience
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.
Learn more about other kinds of reviews.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.