Phemex The widely recognized crypto exchange and futures trading hub made waves on November 26, 2021, by announcing it was expanding its asset offerings to include three sought-after tokens. spot trading . Now Phemex clients can trade SHIB , DYDX and FTM on the spot markets.
With a plethora of trading opportunities available, Phemex is dedicated to offering its users top-notch assets. Standing out from the crowd, Phemex ensures rapid transactions paired with some of the best rates in the market.
Want to know more about the newly listed tokens on Phemex? Here's the scoop!
Shiba Inu (SHIB)
This ERC20 token is a formidable competitor against Dogecoin as some of the globe’s highly popular meme coins. SHIB has been a goldmine for many traders, and now it's available for trading on Phemex. trade SHIB on the spot market .
Meme coins are still making waves in the market, and there are plenty of valid reasons to consider them as a solid investment avenue. make a profit in crypto .
Phemex celebrated the new SHIB listing on its spot market back in December 2021 with a special event called 'Grab a Coin', rewarding SHIB traders for participating.
Participants in the event, after completing stipulated tasks, stood a chance to share a prize pool of up to 21,000 USDT, with winners being announced shortly and prizes distributed commencing January 10.
dYdX (DYDX)
Phemex added the governance token targeting the dYdX decentralized exchange space, facilitating advanced trading via smart contracts on Ethereum.
Phemex also orchestrated an exciting 'Grab a Coin' event as a gesture of appreciation for those embracing DYDX on their platform. trading DYDX This celebration of DYDX’s integration on Phemex offered users a gaming chance to clinch a share of a 21,000 USDT prize, running from December 20 to 27, with winner announcements scheduled for January 3, and prize distribution starting January 24, 2022.
Participants could enter two distinct prize pools for a chance to win. The first involved a fortunate airdrop, where 100 successful campaign participants would share a $1,000 pool, receiving $10 USDT each.
For the second prize pool, traders engaged in DYDX spot trading during the event could share a 10,000 USDT fund, contingent on reaching a trading volume exceeding $1,000.
This prize pool segment could potentially increase to 20,000 USDT, should the collective trading volume surpass $100 million in DYDX during the campaign.
Fantom emerges as a highly scalable, gas-free smart contract platform, leveraging a directed acyclic graph for performance.
Fantom (FTM)
Phemex also listed the utility token Amid growing interest in cost-efficient blockchain platforms, Fantom stands out as a potential game changer. Its availability for spot trading on Phemex is eagerly anticipated.
To commemorate the addition of FTM to Phemex’s trading floor, another 'Grab a Coin' contest was rolled out to incentivize those trading FTM.
During the event period (Dec 13 – 20), traders could vie for a piece of the 21,000 USDT prize pot.
Winners for this event were announced on December 27, with prize distribution starting on January 17, 2022. trading FTM For those looking to dive into crypto trading, Phemex is probably among the top-tier options. It offers access to both
Trade Better With Phemex
By establishing itself as a formidable contender in the crypto market, Phemex continuously adapts and grows. spot trading and futures contracts Alongside superb trading capabilities, Phemex regularly rolls out captivating contests and offers.
Editor-in-Chief at Blockonomi and the mind behind Kooc Media, a UK-powered online media firm. A champion of open-source advancements, blockchain innovation, and equal internet opportunities worldwide. Find out more insights about Phemex {-{u}-}.{-{/u}-}
