HomeCryptoPhemex Buying and selling Platform Drives Hype As Crypto Bull Run Resumes

Phemex Buying and selling Platform Drives Hype As Crypto Bull Run Resumes

October 2021 was the most effective month for Bitcoin value actions since December 2020, with an unprecedented 40% achieve, which may set off one other cryptocurrency rally because the business approaches the final fiscal quarter of 2021.

Primarily based in Singapore, Phemex engages customers in a flawless expertise. They provide spot and contract buying and selling companies, straightforward and safe withdrawal strategies and superior options comparable to API integrations, sub-account programs and L3 quotes.

Phemex is rebranding to extend model consciousness and enhance buyer expertise

The beginning of a brand new month means new pleasure for Phemex. The cryptocurrency platform launched a brand new brand and web site design reflecting the concept of ​​a extra dependable person expertise.

Customers can present suggestions on the brand new brand and may obtain a $ 100 buying and selling bonus in change for sharing your opinion with the platform. The advert itself is on Twitter.

As well as, Phemex gives the chance to win money and merchandise as much as $ 5,000 for brand spanking new customers who enroll on the platform and customise a brand new brand.

Prizes embrace Bitcoin, Phemex merchandise, and a whole lot of {dollars} in buying and selling bonuses.

Upgrading premium membership to maintain up with regulators

Authorities regulators around the globe are continuously contemplating the right way to create insurance policies that promote higher transparency on the earth of cryptocurrency investing.

That is why Phemex is making adjustments to its premium membership. Premium platform members can nonetheless profit from zero spot buying and selling charges so long as they commerce as much as $ 1 million per day or as much as $ 5 million monthly. Customers now want to finish Know Your Buyer verification earlier than they will buy and use a premium membership.

As governments proceed to crack down on exchanges and stablecoins, it’s clear that Phemex is dedicated to doing enterprise brazenly whereas offering prospects with the wonderful buying and selling advantages they’re used to.

Ethereum buying and selling competitors excites customers as value bounces again

On the time of this writing, Ethereum is buying and selling at over $ 4300. Whereas many different sensible contract platforms comparable to Cardano are gaining traction, most seasoned cryptocurrency lovers know that Ethereum remains to be residence to the overwhelming majority of NFT and DeFi tasks.

The basic worth of any blockchain lies not solely in its potential to take care of safety, scale transactions, scale back charges and decentralize funds. Transaction quantity and day-to-day utility are additionally essential.

This is likely one of the causes Phemex is saying Ether Fever, an Ethereum buying and selling competitors with a whopping $ 20,000 prize pool to be cut up among the many individuals.

The competitors will run till October 22, 2021 and is predicated on perpetual contracts for the ETH / USD buying and selling pair. Contributors ought to do not forget that:

  • Bulk account registrations or market manipulation are grounds for disqualification.
  • Utilizing the competitors API is towards the principles.
  • Phemex reserves the correct to use the principles because it sees match to make sure honest competitors.

For crypto lovers who do not really take part in buying and selling competitions, there’s at all times the chance to participate in Trivia on the Block. It is a recurring Phemex quiz that gives customers with monetary rewards and encourages neighborhood participation.

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