Quality degradation at Phemex: Crypto & BTC Trading  
Users report higher volume of Quality Issues than usual
64
fair

Phemex: Crypto & BTC Trading | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
-25 Points Past 7 Days
Category: Finance
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30-Day Trend
 
Poor
 
Fair
 
Good
 
Epic
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Android unitQ Score
Android User Feedback
86%
Android
96 Reports
iOS unitQ Score
iOS User Feedback
14%
iOS
16 Reports
User Feedback
14%
iOS
16 Reports
86%
Android
96 Reports
Phemex: Crypto & BTC Trading - Latest Quality Issues
Android
May 7, 2024
He sneezes. Account Blockade After Deposit ... REMARK. They're already blocking a lot
iOS
May 8, 2024
worst so far
App freezes and doesn't show prices of coins in real time leading to liquidations, common work on your app and stop making people loose their hard earned money, or is this some kinda scam???
Android
May 9, 2024
Haven't been on the app for over a year, and got email I violated rules and they locked my account.... how? I wasn't on lol
Android
May 10, 2024
Don't use this platform, they are scammers. Once you make money on their platform they'll eventually ban your account without giving you proper reasons behind. Be safe and don't use this platform.
Android
May 11, 2024
When I want to withdraw my Money They banned my withdraw and I lost me money!!!!!
Android
May 11, 2024
Don't try to dowmload and deposit your funds in phemex,once you deposited your funds,they will ban your account for no reason,you will remember my words,if you mistakenly deposited your funds on phemex
Android
May 12, 2024
Can't even open the App. UI means you can't log in on earlier than android 11 phones. Such a major mess. Upon opening app it presents adverts for prizes and staking with a 'no thanks' button hidden below the android on screen navigation buttons. What low IQ designer did that?
Android
May 14, 2024
Scam app. They are fraudsters, don't associate with it, jst got scammed!
Android
May 14, 2024
❌❌❌IT'S A SCAM EXCHANGE ❌❌DO NOT DEPOSIT USDT INTO THE EXCHANGE THEY 🚫 BANNED MY ACCOUNT AFTER I DEPOSITED USDT INTO THE ACCOUNT
Phemex: Crypto & BTC Trading - Product Description
Phemex - The most efficient Crypto exchange and Crypto Futures trading platform. Trade Bitcoin, Ethereum, and other altcoins.

Phemex is a leading cryptocurrency exchange that specializes in spot and derivatives trading. It features 140+ USDT-margined contract trading pairs with up to 100x leverage that all support Hedge Mode, alongside 300+ popular spot trading pairs. Individuals from all over the world can instantly buy, sell, and trade blockchain cryptocurrency through a user-friendly and secure platform. Phemex is also pioneering a semi-centralized platform model by infusing decentralized mechanisms with existing CEX operations. The platform is moving into Web3 by incorporating soulbound token technology and DAO governance, as well as its own upcoming platform token. Phemex has released transparent Merkle-Tree Proof-of-Reserves so all users can verify on the blockchain that all funds are 100% backed on the platform. As the first exchange to publish both proof-of-reserves and proof-of-solvency through a unique, self-proving approach, Phemex stands out as one of the best and most trustworthy crypto exchanges.

Phemex Bitcoin (BTC) & Crypto Trading App Offers:
1. Buy Crypto with Credit & Debit Cards, Bank Transfer, P2P or other payment methods.
2. Derivatives (Perpetual Contract) trading with up to 100x leverage and settled in USDT, USD, BTC, or ETH.
3. Hedge Mode is supported for all USDT-margined perpetual contracts
4. Earn Bitcoin, USDT, and other cryptos with up to 10% APY interest. Passive crypto income.
5. Conveniently monitor your blockchain portfolio with customizable charts.

Crypto Welcome Bonus
1. Make a deposit to access 100 Million xPT and $50 Welcome Rewards!
2. Phemex Collaborator Affiliate Program allows users to permanently earn up to 50% in commissions on all trading fees collected from the referral network.

Phemex Supported Cryptos
Phemex currently offers 300+ spot coins on the blockchain:
BTC (Bitcoin), USDT, SOL (Solana), DOT (Polkadot), ETH (Ethereum), LINK (Chainlink), LTC (Litecoin), AAVE, ATOM (Cosmos), SUSHI, LUNA, UNI (Uniswap), ADA (Cardano), XTZ, FIL, SNX, CHZ, XRP (Ripple), TRX (TRON), MATIC, COMP, DOGE (Dogecoin), GRT, EOS, KSM, ALGO, XLM, MANA (Decentraland), YFI, BCH, ENJ (Enjin), MKR, AXS (Axie Infinity), BAT, ZEC, QTUM, NEO, ONT, VPAD, SAND, ALICE, ENS, ANKR, NU, GTC, OCEAN, MASK, USDC, YGG, AGLD, SLP, CAKE, HOT, FET, EOS, BNB, POLY, APE, CHR, OMG, TRIBE, XRP, DENT, 1INCH, MXC, C98, UMA, COMP, COTI, FEI, DAO, REN, BCH, etc.

Phemex currently offers 140+ perpetual contract markets:
BTC, ETH, LINK, XTZ, DOT, UNI, LUNA, LTC, TRX, ATOM, SNX, ADA, SUSHI, SOL, FIL, ALGO, ENJ, XRP, DOGE, XMR, KSM, BCH, NEO, COMP, MANA, CHZ, YFI, GOLD, etc.

Phemex Platform Features:
1. Education
Watch short introductory videos about crypto and answer quiz questions to earn crypto of your own.
Explore Phemex Academy to take your blockchain knowledge to the next level. Get latest Crypto News on the app.
2. High Performance
300k transactions per second (TPS), with order response times of less than 1 millisecond.
- Advanced Functionalities
FIX API for institutional traders and Sub-Accounts for quantitative traders.
3. Strongest Bitcoin Wallet Security
Cold wallet storage. Transfers require 2-level human scrutiny with offline signatures.
4. Access and Support
24 x 7 live multilingual support.
Transfer from Solana Phantom Wallet is supported.

Phemex Platform Safety
Ensuring the safety of every single account is Phemex's top priority.
- Wallet Security
- System Security
- User Account Security
- Trading Engine Security

All assets are 100% stored in cold wallets. Each withdrawal is thoroughly monitored on the blockchain and requires two-person approval with offline signatures. With the executive team’s advanced Wall Street risk management experience, malicious actions are easily detected and protective measures are quickly deployed.
Learn More Here: https://phemex.com/security
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