Phemex

Phemex Exchange

Phemex Review, Crypto List & Volume

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AllBTCETHALTS Stablecoins Fiat
PairPrice Change Volume Action
BTC  / USDT 70,927 / $ 70,908 3.88% $ 236.60M Trade Now
ETH  / USDT 2,163.40 / $ 2,162.79 4.93% $ 96.89M Trade Now
XRP  / USDT 1.44 / $ 1.44 3.40% $ 44.62M Trade Now
SOL  / USDT 91.86 / $ 91.83 5.89% $ 44.48M Trade Now
USDC  / USDT 1.00 / $ 1.00 0.01% $ 22.87M Trade Now
TRX  / USDT 0.304400 / $ 0.3043 -2.86% $ 21.92M Trade Now
LINK  / USDT 9.17 / $ 9.17 5.01% $ 14.81M Trade Now
BTC  / USDC 70,925 / $ 70,925 3.87% $ 12.27M Trade Now
DOGE  / USDT 0.095210 / $ 0.09518 5.16% $ 11.41M Trade Now
ADA  / USDT 0.263100 / $ 0.2630 4.47% $ 8.61M Trade Now

The Phemex cryptocurrency exchange recorded $ 696.22M in trading volume over the last 24 hours. is currently the most active trading pair on Phemex, and saw $ 235.93M in trading volume in the last 24 hours. The biggest gainer on Phemex today is , which increased by on the day. The worst performing pair on Phemex is currently , which saw a drop. On Phemex, you can currently trade 627 trading pairs across 3 markets.

Market Overview

24h Trading Volume$ 696.22M
Exchange Rank #62
Cryptocurrencies Listed596
Fiat Currencies-
Stablecoins9
Market Share0.38%

With a trading volume of $ 696.22M and a market share of 0.38%, Phemex is currently ranked 62 among . currently lists 596 cryptocurrencies , 9 stablecoins.

Stablecoins on Phemex

Phemex supports various stablecoins including Tether, USD Coin, USD1, PAX Gold, Ethena USDe, TrueUSD, Tether Gold, Frax, and Multi-Collateral Dai. Tether is the most popular stablecoin on Phemex and saw $ 665.16M in trading volume over the last 24 hours.

Stablecoins

USDTTether
USDCUSD Coin
USD1USD1
PAXGPAX Gold
USDEEthena USDe
TUSDTrueUSD
XAUTTether Gold
FRAXFrax
DAIMulti-Collateral Dai

About Phemex

Phemex Features
  • Fiat Gateway
  • Credit Card Purchase
  • Margin/Leverage Trading
  • Decentralized Exchange
  • Launchpad
  • Desktop App
  • Mobile App
  • OTC (Over-The-Counter)

Phemex is a global cryptocurrency derivatives exchange similar to BitMEX that can handle 300,000 transactions per second. They offer perpetual contracts trading for Bitcoin, Ethereum, Ripple, and Chainlink with up to 100x leverage.

Read more about Phemex in our Phemex exchange review.

Phemex FAQ

Is Phemex safe?

We currently don’t label Phemex as a trusted exchange. However, this doesn't necessarily mean that it is unsafe. Make sure to check the exchange’s security practices and track record before you deposit any funds.

How do you put money in Phemex?

You can fund your account on Phemex by depositing cryptocurrency. Alternatively, you can also deposit fiat currency to Phemex via a bank transfer.

Can you deposit fiat on Phemex?

Yes, you can deposit fiat on Phemex. This makes Phemex a suitable option if you don't own any cryptocurrency yet. You can deposit fiat currency on Phemex and buy your first cryptocurrency.

Can you buy crypto on Phemex with credit card?

Currently, you can’t buy crypto with a credit card on Phemex. If you're looking to buy cryptocurrency with a credit card, you can check out our list of the top exchanges that allow you to buy crypto with a credit card.

Can I trade with USDT stablecoin on Phemex?

Yes, you can trade with the USDT stablecoin on Phemex across 604 trading pairs. In the last 24 hours, Phemex handled $ 665.16M worth of USDT trading volume.

Does Phemex have a mobile app?

Yes, Phemex has a mobile app. The exchange’s app is available for Android and iOS. A mobile app will allow you to check the performance your holdings on the exchange and trade cryptocurrencies on the go.

Is Phemex a centralized or decentralized exchange?

Phemex is a centralized cryptocurrency exchange. This means that Phemex manages users’ cryptocurrency deposits, and its systems handle the trades happening on the platform. Centralized cryptocurrency exchanges are suitable for all types of users, ranging from beginners to professional traders.

How many cryptocurrencies can I trade on Phemex?

You can trade 603 tokens on Phemex across 627 trading pairs.In total, Phemex handled $ 696.22M worth of trades in the last 24 hours.