Phemex Trading Platform Generates Excitement As Crypto Bull Run Resumes

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October 2021 turned out to be the best month for Bitcoin price performance since December 2020, with an unprecedented 40% gain, triggering what could be another crypto bull run as the industry heads into the final fiscal quarter. from 2021.

Based in Singapore, Phemex engages users with a seamless experience. They offer spot and contract trading services, easy and secure withdrawal methods and advanced functions such as API integration, sub-account systems and L3 quotes.

Phemex changes brands to drive greater brand recognition and better customer experience

The start of a new month means renewed enthusiasm for Phemex. The crypto trading platform unveiled a new logo and website design, communicating the idea of ​​a more robust user trading experience.

Users can comment on the new logo and can receive a trading bonus of $ 100 in exchange for their opinion on the platform. The ad itself is on Twitter.

Additionally, Phemex is offering the chance to win up to $ 5,000 in funds and merchandise for new users who register on the platform and customize the new logo.

Prizes include Bitcoin, Phemex merchandise, and hundreds of dollars in trading bonuses.

Premium subscription update to keep up with regulators

Government regulators around the world are constantly thinking about how to create policies that promote greater transparency in the world of cryptocurrency investing.

This is why Phemex is making changes to its premium subscription. Premium members of the platform can still benefit from zero spot trading fees if they trade up to $ 1 million per day or up to $ 5 million per month. Now, users must complete the Know Your Customer verification before they can purchase and use the premium membership.

As governments continue to crack down on exchanges and stablecoins, it is clear that Phemex is committed to doing business honestly while providing customers with the incredible business benefits they are accustomed to.

Ethereum Trade Competition Excites Users As Price Bounces Back

Ethereum is trading at over $ 4,300 at the time of writing. While many other smart contract platforms like Cardano are gaining traction, most crypto enthusiasts know that Ethereum is still home to the overwhelming majority of NFT and DeFi projects.

The core value of any blockchain isn’t just its ability to stay secure, scale transactions, lower fees, and decentralize payments. The volume of transactions and the daily utility are also very important.

This is one of the reasons why Phemex announces Ether Fever, an Ethereum trading competition that offers a huge prize pool of $ 20,000 to be shared among participants.

The contest runs until October 22, 2021 and is based on the trading of perpetual contracts of the ETH / USD trading pair. Participants should keep in mind that:

Mass account registration or market manipulation is grounds for disqualification. Using APIs for the contest is against the rules. Phemex reserves the right to apply the rules as it sees fit to ensure a fair competition.

For crypto enthusiasts who don’t really like trading competitions, there is always the option to participate in Trivia on the Block. This is Phemex’s recurring trivia game that provides users with financial rewards and engages community engagement.

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