Phemex Coupons & Discount Codes 2025

Phemex Deal: Get Hourly Payout Benefits

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Phemex: Earn More with Phemex Earn

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Phemex Offer: Get $4800 Welcome Rewards

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Claim Up to $8,800 Phemex Welcome Rewards With Promo Code

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Phemex Coupon 2025: Get $4800 Welcome Rewards for New Users

Phemex

Phemex is a cryptocurrency exchange based in Singapore, used by millions of people around the world. It lets users buy, sell, and trade digital currencies like Bitcoin and Ethereum, with options for both spot and derivatives trading. The platform is known for its low fees, fast transactions, and strong security features.

New users can get rewards and bonuses when they sign up, sometimes by using an invitation code. 

How to Activate Phemex Bonus Coupons?

Activating Phemex bonuses, often tied to sign-up or specific promotions using an invitation or referral code, generally involves these steps:

Phemex Signup

  • Enter your email or phone number and create a strong password.
  • Crucially, find the field labeled “Invitation Code” or “Referral Code” during registration and enter a valid code. This step is often mandatory to claim specific welcome bonuses.

Phemex Code

  • Complete the registration process, including verifying your email or phone number. Some bonuses may require additional verification, like KYC.
  • Navigate to the “Rewards Hub” on the Phemex platform to view available bonuses and claim rewards by completing specified tasks, such as making a first deposit or executing a first trade above certain thresholds. Remember that bonuses often have terms and conditions, including validity periods.

Phemex Reward Hub

Assets and Tradable Instruments on Phemex

Phemex offers a wide variety of assets and trading instruments, catering to diverse trading strategies. The platform supports spot trading and derivatives trading.

  • Cryptocurrencies: Phemex lists a substantial number of digital assets. As of late 2024, it supported over 450 coins and more than 460 trading pairs. This includes major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), as well as numerous altcoins.
  • Perpetual Contracts: Traders can engage in futures trading with high leverage, up to 100x on pairs like BTC/USDT. These contracts can be margined and settled in various assets, including USDT, USD, BTC, or ETH. Phemex supports USD-M, COIN-M, and USD(S)-M contracts.
  • Spot Trading: Users can buy and sell cryptocurrencies directly on the spot market with competitive fees.
Instrument Type Available Assets/Pairs Key Features
Spot Trading 450+ coins, 460+ pairs (e.g., BTC/USDT, ETH/USDT) Direct ownership, Standard fees ~0.1%
Perpetual Contracts 140+ USDT-margined pairs (e.g., BTC/USDT) Up to 100x leverage, Various margin options

Phemex Promotions and Programs

Phemex Promotions and Programs

Phemex runs various programs rewarding users and partners:

  • VIP Program: Rewards high-volume traders with tiered benefits, including significantly reduced trading fees (maker and taker) for both spot and futures, dedicated 1-on-1 support, and a withdrawal quickpass for higher tiers. Tiers are based on 30-day trading volume, asset balance, or vePT balance.
  • Institutional Program: Tailored services likely aimed at high-frequency traders or institutions, mentioned as an alternative for users whose API trading volume exceeds 20% under the standard VIP program.
  • Broker Program: Allows brokers to onboard users and earn competitive commissions (up to 50%) based on their clients' trading volume, featuring smooth onboarding and dedicated support.
  • Collaborator Program: An affiliate program for content creators, influencers, and organizations to earn commissions (up to 60%) on trading fees from their referred network, with global reach and detailed tracking dashboards.
  • Referral Program: Allows regular users to earn bonuses by inviting friends using their unique Phemex invitation code. Both the referrer and the new user often receive rewards.
  • Rewards Hub: A central location on the platform where users can find and claim various bonuses, vouchers, and rewards earned through promotions, sign-up tasks, and other campaigns.

Through Phemex Earn and Staking programs, users can hold their assets and watch them grow via interest or staking rewards.

Standalone Features of Phemex

Phemex, headquartered in Singapore, positions itself as a reliable and efficient crypto exchange. Key features making it a popular choice include:

  • Security: Employs robust security measures like a Hierarchical Deterministic Cold Wallet System, AWS cloud deployment, 2FA, and regular Proof-of-Reserves (PoR) verification using Merkle trees.
  • Performance: Features a high-performance trading engine capable of handling 300,000 transactions per second (TPS) with low latency (sub-1ms), minimizing slippage.
  • User Experience: Offers a user-friendly interface, integrated TradingView charts with numerous indicators, advanced order types, and mobile apps for trading on the go.
  • Earning Opportunities: Provides passive income streams through Phemex Earn (Flexible and Fixed Savings with competitive APYs) and staking programs (Phemex Token – PT).
  • Web3 Integration: Moving towards a semi-decentralized model with Phemex Web3, Phemex Soul Pass (NFT), and the PT token for staking, governance (vePT), and potential fee discounts.
  • Global Accessibility: Serves millions of users worldwide, supporting numerous fiat currencies for deposits and withdrawals via methods like bank transfer and credit/debit cards.

Platforms & Instruments

  • Trading/Charting Platform: Integrates TradingView charts with extensive tools and indicators; offers desktop access and mobile apps (iOS/Android); provides API support (REST and WebSocket) for programmatic trading.
  • Tradable Assets: Extensive selection including 450+ spot coins and 140+ perpetual contract pairs.

Phemex Bonus FAQs

  1. What is a Phemex Trading Bonus used for?
    A trading bonus (often USDT) is credited to your futures account and can cover trading fees and losses, but cannot be withdrawn directly.
  2. Can I Withdraw Profits made using a Phemex Bonus?
    Yes, any realized profits generated from trading with the bonus are yours to keep and withdraw. However, withdrawing profits might forfeit the remaining bonus amount.
  3. How do I claim the Phemex Welcome Bonus?
    Register using a valid invitation code, complete tasks like KYC, first deposit, or first trade, and claim rewards via the Rewards Hub.
  4. Do Phemex Bonuses Expire?
    Yes, bonuses credited after November 30, 2023, have a validity period. Bonuses existing before that date had a 90-day validity ending March 1, 2024.
  5. Can I use a Referral Code after Signing Up?
    No, referral or invitation codes must typically be entered during the initial registration process to activate the associated Phemex sign-up bonus and offers.

Final Thought

Phemex Logo

Phemex is a cryptocurrency exchange where you can buy, sell, and trade digital coins like Bitcoin and Ethereum. The platform is easy to use, offers low fees, and supports both spot and futures trading. 

You can earn extra income by using savings and staking features. Phemex is known for strong security, quick transactions, and a wide selection of cryptocurrencies. New users can get welcome bonuses and take part in promotions. Both beginners and experienced traders can benefit from the tools and rewards available on Phemex.