Phemex Review: Scam and Fake or not?
Phemex is a well-known crypto exchange, also offering several other products such as copy trading, launchpad and Phemex Earn.
But is Phemex a scam?
No, it is not: According to our experience and review, Phemex is a safe crypto exchange.
About Phemex
This is everything you need to know about this crypto exchange at a glance:
| Name | Phemex |
|---|---|
| Website | phemex.com |
| Company | Phemex Lithuania UAB |
| Address | Laisvės pr. 60 05103 Vilnius, Republic of Lithuania |
| CEO | Jack Tao |
| Founder | Jack Tao |
| Founded | 2019 |
| Contact | Live Chat, Mail |
| Cryptocurrencies | 355+ |
| Markets | Spot, Margin, Contract |
| Services | Copy Trading, Launchpad, P2P Trading, Launchpad, Earn, Savings, Predictions, Academy, API |
| Promotions | up to $6,005 |
| FIAT | USD, EUR, ARS, AUD, BRL, BYN, CAD, COP, GBP, INR, JPY, KZT, MXN, MYR, NGN, PKR, PLN, RUB, TWD, UAH, VES, VND |
| Payment Methods | Credit Card, Bank Transfer, Simplex, MoonPay, Coinify, Banxa, Mercuryo |
| Fees | 0% to 0.10% maker fees, 0.04% to 0.10% taker fees, several discount options, other fees might apply for different services |
| App | Phemex: Crypto & BTC Trading, available for iOS and Android |
| KYC | KYC via document and selfie upload |
| Languages | English, Russian, Japanese, Spanish, German, French, Turkish, Portuguese, Vietnamese |
What profi say about Phemex and crypto investing:
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Heinrich Hase Phemex is a reputable cryptocurrency trading platform known for its innovative features and user-friendly interface. However, newcomers entering the world of cryptocurrency trading might initially face challenges due to the complexities of the market. To simplify the process, utilizing trading bots and platforms with experienced traders executing trades on your behalf could lead to substantial profits. With an initial investment of $250-$500, it's possible to achieve daily earnings of around $1500. Phemex offers various trading options, but beginners might find value in exploring platforms that offer educational resources and expert guidance for a smoother learning curve. As a user-friendly option, Phemex is suited for beginners, yet considering platforms that provide comprehensive support and educational materials could further enhance the cryptocurrency trading experience. |
