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As non-fungible tokens (NTFs) and the metaverse continue to take center stage, several companies involved in cryptocurrency trading are jumping on this bandwagon.
One of these companies is Phemex, one of the top crypto trading platforms in Singapore. On November 25, Phemex celebrated its second anniversary with a campaign called “Choose Your Reality”.
This investment platform has come a long way in the past two years, and now it wants to reward its community that made it all possible.
The “Choose Your Reality” campaign is a celebration of all of Phemex’s accomplishments, but most importantly, its core mission to help people “break through and break free”.
As blockchain technology makes the world more digital and decentralized, new opportunities for financial freedom are starting to emerge. With the constant support of passionate users, Phemex has become a trustworthy Shepherd, personally guiding brave explorers to a better reality.
The trip
Starting with just three contract pairs, Phemex has grown into a fiercely competing platform globally, with 40 point pairs, 39 contract pairs and over 1.5 million users. Phemex was built decisively to put regular investors first.
The exchange traded at an all-time high of $ 12.4 billion in volume and is consistently ranked among the top 10 derivatives exchanges on CoinMarketCap.
Despite its relative youth, the history of Phemex is distinguished by a number of events and services which have now cemented its reputation as a dedicated pioneer that offers new financial opportunities for all.
Shortly after launching in 2019, the exchange led a viral puzzle challenge and distributed 2.1 BTC to raise awareness of the importance of self-preservation of private keys.
Last February, to help people suffering from the COVID-19 epidemic in Wuhan, Phemex launched a relief fund. In May 2020, the company announced the “Age of Zero” feature, which introduced free cash trading for premium members of the exchange.
And after launching its ‘Earn Crypto’ program earlier this year, allowing traders to earn up to 10% APY on USDT deposits of up to $ 1.5 million, Phemex has worked with its community to list his very first NFT on OpenSea. The artwork contains the ETH deposit addresses of over 1000 Phemex users. It was auctioned for 44 ETH (valued at $ 100,000 at the time), and all profits were distributed among participating users.
Phemex Co-Founder Jack Tao says, “Many companies claim to embody the ideals of crypto and blockchain, but the reality is that they simply implemented the same old models, driven by profit and personal interest, in a new space. Our slogan, Break Through, Break Free, perfectly represents our values and objectives as a company. Phemex offers everything a person needs to break into a better system where true individual financial sovereignty is not only encouraged, but hard-coded into its foundation ”.
Future projects with NFTs and the metaverse
With a successful past, Phemex now keeps a vigilant and optimistic eye on the future. The platform is no stranger to embracing nascent concepts, even launching its own GameFi product to celebrate last year’s anniversary. To commemorate two years in the blockchain industry, Phemex is even more committed to its ideals while drawing inspiration from the concept of the metaverse.
The Metaverse represents the next step in the evolution of social technology, and Phemex is committed to making it a reality.
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