PHEMEX Exchange Details Introduction
- Phemex is a simple cryptocurrency exchange, based in Singapore, launched on November 25, 2019.
- Professional team from Morgan Stanley: Phemex’s founding team consists of ex-Morgan Stanley executives who boast decades of practical Wall Street experience. The team is professional, flexible and highly efficient.
- Phemex becomes partner of Paris University Dauphine-PSL for DeFi and cryptocurrency research.
- 365×24 System: The transaction engine and cross engine are built on the raft protocol, providing high performance and 365×34 availability. The system design is protected by a patent.
- 300.000 transactions processed per second: Custum – built trading engines process 300.000 transactions per second with order response times of less than 1 milisecond. Smoothly handle over $10 billion in trading volume each day.
- Highest level of wallet security: Their cold wallet storage transfers require level 2 human review offline signatures, so your assets are protected every aspect.
- Sub-accounts make trading easily: Compatible with institutional traders’ FIX API and quantitative traders’ sub-accounts. What ever type of trader you are, the’ve got you covered.
- 24/7 live multilingual support: They provide 24×7 live multilingual customer support. Their CEO is available on telegram and twitter.
- Spot market: There are 213 spot pairs.
- Derivatives: There are 151 contract pairs with leverage up to 100 times.
- Additionally, you can increase your income with Phemex Earn with interest rates up to 18.8% APY. Cryptocurrency earnings are paid daily/weekly. Helps investors generate stable income with cryptocurrency savings accounts.
Above is a detailed introduction to Phemex exchange. Hope the information we provide will be useful to you. If you don’t have a Phemex account, click here to register for free!