Date: 2020-02-18 17:30:38
Phemex is a new cryptocurrency derivatives exchange that offers competition against more established leveraged / derivatives trading platforms like Bitmex, Deribit, ByBit, Bitfinex, Binance, etc. They have many of the same features like 100x leverage, cross margin, take profit/stop loss levels, and much more. However they do differentiate themselves in terms of TPS, a proprietary cold wallet system, latency, and more. The founders have an institutional trading background from Morgan Stanley. Their goal is to make their platform rival the ones from traditional finance. They will also offer traditional financial products as well in the future in addition to all of their crypto trading pairs.
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Disclaimer: This is a sponsored intro video. If you do want to try out their platform please do so responsibly and test it out a bit before diving all in. Just standard best practices for responsible usage of crypto products.
#Phemex #Derivatives #Cryptocurrency