Phemex

Phemex Our Story Back in 2017, as experienced professional Wall Street traders and investors, Jack Tao and other founding members of Phemex identified a lack of professionalism, trustworthiness, and customer support within the crypto industry. In the following two years, the number of users engaging in cryptocurrency trading increased significantly. Nevertheless, existing exchanges showed little to no improvement.

Realizing the seriousness of the problem, the team left Wall Street and founded Phemex in the summer of 2019. They then dedicated themselves to building a simple, efficient, but most importantly, a trusted cryptocurrency trading platform. Then, on November 25th, 2019, the Phemex platform officially went live.

What is Phemex

Pheme (Fama) is the personification of fame and of the public’s voice in Greek mythology. While MEX stands for mercantile exchange. This name was chosen to highlight our vision and our dedication to stand as the most trustworthy trading platform.

Our Mission: To empower everyone to trade simply and manage risk efficiently. From day one, our mission was and will always continue to be the empowerment of individuals. We want everyone in this world to have access to the right set of tools that will allow them to manage risk efficiently and trade simply. We sincerely believe this to be a fundamental right that all traders should enjoy.

Our Vision: Become the most trustworthy cryptocurrency and derivatives trading platform. We see ourselves becoming a leading financial services provider in this industry, one that is unrivaled in trustworthiness, honesty, and integrity. Above all else, we wish to stand out for how we treat our customers. However, we will never compromise or abandon our firm commitment to deliver the highest level of quality products and services as we continue to grow with our community.

Our Values: Led by 8 former Morgan Stanley Executives, Phemex’s goal is to build the worlds most trustworthy cryptocurrency derivatives trading platform. We leverage a “User-Oriented” approach to develop far more powerful features than any existing exchange.
Above all, we place customers first. All of our features and tools are designed with this philosophy in mind. This is why our development team is directly available and constantly gathering feedback, comments, and requests from our community on social media.

• Ex-Morgan Stanley developers launch high-speed cryptocurrency derivatives exchange.
• Former Morgan Stanley Developers Launch Crypto Derivatives Exchange.
• Exchange Run by Ex-Morgan Stanley Team Drops Trading Fees for Subscription Model.

Our users come first!

Our experienced team ensures the safety of your assets. We value and respect your privacy. Your peace of mind is our top priority. $100 Welcome bonus! New users can earn up to $100 in Welcome Bonus!

Why Choose Us?

Reasons why you should choose Phemex for crypto trading and crypto futures trading.

• High Performance: 300,000 transactions per second, with order response times of less than 1 millisecond.
• Advanced Functionalities: FIX API for institutional traders and Sub-Accounts for quantitative traders.
• Strongest Wallet Security: Cold wallet storage. Transfers require 2-level human scrutiny offline signatures.
• ccess and Support: 24 x 7 live multilingual support and our CEO is available on Telegram and Twitter.