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📣 Announcement: Phemex to Adjust the Funding Interval for BNXUSD Contract

Due to volatile market conditions, Phemex will adjust the funding interval of the BNXUSD contract trading pair from 8 hours to 2 hours, starting at 16:00 UTC on December 5, 2022.

Official announcement link: https://phemex.com/announcements/phemex-to-adjust-the-funding-interval-for-bnxusd-contract

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📣 Announcement: New Contract Listing - TWT/USDT

Phemex has listed the new contract trading pair TWT/USDT at 2:00 UTC on December 6, 2022. This contract pair is linear USDT-margined and supports hedge mode, which allows you to keep both a long and short position at the same time.

More info: https://phemex.com/announcements/new-contract-listing-twtusdt

#NewListing

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📣 Announcement: New Contract Listing - SOL/USDT

Phemex is listing the new contract trading pair SOL/USDT at 10:00 UTC on December 12, 2022. This contract pair is linear USDT-margined and supports hedge mode, which allows you to keep both a long and short position at the same time.

More info: https://phemex.com/announcements/new-contract-listing-solusdt

#NewListing

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📣 Announcement: New Contract Listing - MAGIC/USDT

Phemex is listing the new contract trading pair MAGIC/USDT at 10:00 UTC on December 13, 2022. This contract pair is linear USDT-margined and supports hedge mode, which allows you to keep both a long and short position at the same time.

More info: https://phemex.com/announcements/new-contract-listing-magicusdt

#NewListing

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📈 What Is Basis Trading? Profit From The Difference Between Spot & Futures Prices

🔹 Basis trading is an arbitrage trading strategy in which a trader profits on the difference between the spot and futures market prices.
🔹 Basis trading is mostly employed in the grains markets due to uncertainties in the harvest and the disparity between spot/futures markets once goods are shipped and delivered. It can also be used for crypto trading.
🔹 The “basis” in basis trading originates from the difference between the spot price and the futures price. If Ethereum (ETH) is trading at $1,500 on the spot market and $1,400 on the futures market, our basis is $100.

Learn more: 🔽
https://phemex.com/academy/what-is-basis-trading-profit-from-the-difference-between-spot-futures-prices

#PhemexAcademy #TechnicalAnalysis

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🔒 Crypto Vesting and Cliffs

One of the most popular ways for blockchain projects to raise additional funding is through tokens. The value of these tokens vary with factors like time, supply, and demand. If early investors flood the market by selling all their tokens, the value will plummet. To avoid this, new crypto projects establish crypto vesting programs.

Learn more: 🔽
https://phemex.com/blogs/crypto-vesting-and-cliffs

#PhemexBlog #Crypto101

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📣 Announcement: New Spot Listing - ZENI

Phemex will be listing ZENI/USDT on our spot market at 9:00 UTC on December 13, 2022.

More info: 🔽
https://phemex.com/announcements/new-spot-listing-zeni

#NewListing

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📣 Announcement: Phemex is Delisting 20 Trading Pairs from Spot Market

Phemex will be delisting the following 20 trading pairs from our spot market at 10:00 UTC on December 21, 2022.

🔹 DAO/USDT
🔹 VRA/USDT
🔹 QRDO/USDT
🔹 CEEK/USDT
🔹 USDD/USDT
🔹 REVO/USDT
🔹 CRO/USDT
🔹 STETH/USDT
🔹 CEL/USDT
🔹 DAI/USDC
🔹 STETH/USDC
🔹 CRO/USDC
🔹 ETHW/USDT
🔹 DC/USDT
🔹 HT/USDT
🔹 XEN/USDT
🔹 NCT/USDT
🔹 1000000PIT/USDT
🔹 THE/USDT
🔹 ARG/USDT

More info: 🔽
https://phemex.com/announcements/phemex-is-delisting-20-trading-pairs-from-spot-market

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📣 Announcement: Phemex is Listing 44 more USDT-margined Contracts

At 12:20 UTC on December 20, 2022 Phemex is listing the forty-four new linear contract trading pairs that are all USDT-margined.

More info here: 🔽
https://phemex.com/announcements/phemex-is-listing-44-more-usdt-margined-contracts

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📣 Announcement: New Spot Listing - LOOT

Phemex will be listing LOOT/USDT on our spot market at 9:00 UTC on December 21, 2022.

More info: 🔽
https://phemex.com/announcements/new-spot-listing-loot

#NewListing

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🎮 VRGW Galore - Win 18 Million VRGW Tokens 🤑

We’ve recently listed VRGW on our spot market. VRGW stands for Virtual Reality Games World, which offers users Move to Earn, Watch to Earn, Race to Earn, Fight to Earn, NFT marketplaces, and multi-chain crypto wallets. Now we’re excited to unveil an awesome giveaway just for VRGW! The giveaway has many parts – you can win by spot trading, depositing, or inviting others to join! Participate now and not only will you get exposure to this hot new asset, you’ll also grab your share of 18,000,000 $VRGW!

Learn more and participate: https://phemex.com/announcements/vrgw-galore-win-18-million-vrgw-tokens

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🐶 What is Tamadoge? TAMA Price Prediction

🔹 Tamadoge is a play-to-earn crypto gaming platform that recently launched NFT collections and is expected to release its first games very soon.
🔹 Tamadoge’s TAMA token, delivered x15 returns to early investors at its all-time high.
🔹 Currently, the coin is hovering around $0.01 – $0.02, and it remains to be seen how the release of the Tamadoge games will affect TAMA’s price.

Learn more: 🔽
https://phemex.com/academy/what-is-tamadoge-tama-price-prediction

#PhemexAcademy #CryptoInsights

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🎄 Happy Holidays From Phemex 🎄

Phemexers, what a crazy year it's been! Enjoy the holidays! 🎄⭐️

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📣 Announcement: Phemex is Delisting WCI/USDT from Spot Market

Phemex will be delisting the WCI/USDT trading pair from the spot market at 10:00 UTC on December 27, 2022.

More info: 🔽
https://phemex.com/announcements/phemex-is-delisting-wciusdt-from-spot-market

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🔑 CCX Galore - 650,000 $CCX Up for Grabs 🤑

We’ve recently listed CCX on our spot market, and to celebrate we’re hosting an awesome giveaway! CCX is the native token of the Conceal Network, which is a Private by Default decentralized blockchain. It pays interest on deposits without the involvement of financial institutions, and is powered by 100% open source code. Needless to say, the project seems quite promising so you definitely want to gear up and win some of the 650,000 CCX tokens we’re giving away. All you need to do to share in this awesome prize is spot trade the CCX/USDT spot trading pair on Phemex.

Learn more and participate: https://phemex.com/announcements/ccx-galore-650000-ccx-up-for-grabs

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📣 Announcement: Phemex Pro Mobile App Released for iOS

We’re happy to announce the release of the Phemex Pro mobile app on December 29, 2022 to the iOS App Store in North America (USA and Canada). Phemex Pro app provides you with an optimized trading experience that’s convenient, professional, and efficient. For iOS users, future mobile updates will occur on the Phemex Pro app so we highly recommend you check it out. Android users can continue using the original Phemex App to enjoy regular upgrades.

More info: 🔽
https://phemex.com/announcements/phemex-pro-mobile-app-released-for-ios

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📣 Announcement: Phemex is Listing another 42 USDT-margined Contracts

At 12:00 UTC on December 29, 2022 Phemex is listing the forty-two new linear contract trading pairs that are all USDT-margined.

See full list: 🔽
https://phemex.com/announcements/phemex-is-listing-another-42-usdt-margined-contracts

#NewListing

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🚀 Route to LOOT - Win 16,667 LOOT Tokens 🪙

We’ve recently listed LOOT on our spot market, and to celebrate we’re hosting an awesome giveaway! LOOT is the native token of Lootex, which is a cross-chain game item shop for the Metaverse that aims to provide both efficiency and convenience for its users. Lootex’s marketplace allows players from around the world to purchase avatars, rare weapons, lands, as well as pets or monsters for their favorite NFT games. The project seems quite promising so you definitely want to gear up and win some of the 16,667 LOOT tokens we’re giving away. All you need to do to share in this awesome prize is spot trade the LOOT/USDT spot trading pair on Phemex.

Learn more and participate: 🔽
https://phemex.com/announcements/route-to-loot-win-16667-loot-tokens

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Happy New Year! 🎆 Thank you all for being with us in 2022. ❤️ Wishing you more health, wealth, and computer coins! WAGMI! 💫 Happy trading, happy earning! 😉

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Phemex #WeeklyUpdate

🔥 Ongoing Campaigns 🔥
🔹 CCX Galore - 650,000 $CCX Up for Grabs
🔹 Route to LOOT - Win 16,667 LOOT Tokens

⚙️ Product Updates ⚙️
🔹 Delisted WCI/USDT from Spot Market
🔹 Phemex Pro Mobile App Released for iOS
🔹 Listed 42 USDT-margined contracts

➡️ More details: https://phemex.com/announcements

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🥳 Here is the much-awaited winners announcement of the Phemex 3rd Year Anniversary Telegram Invite Contest!

🏆 Winners list: https://docs.google.com/spreadsheets/d/1M159_V9TnGN1ZAGyY27Fi9x-C3WtUyeWWpnJXxsefcI/htmlview

✍️ To all the winners, kindly DM @Mazel_Phemex for further information on how to claim your reward. Congratulations!

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