
Phemex
Phemex Trust Score
Trust Score is a rating algorithm developed by CoinGecko to evaluate the legitimacy of an exchange’s trading volume. Trust Score is calculated on a range of metrics such as liquidity, scale of operations, cybersecurity score, and more.
7/10
What is Phemex exchange?
Founded in 2019, Phemex is a centralized cryptocurrency exchange with over 10 million users across 150+ countries. The platform offers spot trading, derivatives trading, copy trading, and wealth management products. Phemex maintains a 100% Proof-of-Reserves and provides web and mobile interfaces, along with trading tools and order types used for execution and risk management. Phemex also offers order types and trading tools commonly used for execution and risk management, alongside account features related to portfolio and product access.
| Rank | #66 |
| Year Established | 2019 |
| Country | Samoa |
| Coins | 497 |
| Pairs | 528 |
| Exchange Type | Centralised |
| Trading Incentive | false |
Spot Markets
Spot markets allow you to buy or sell digital assets directly, with immediate settlement. No contracts, no delays, just real-time trading of coins like BTC, ETH, and USDC against stablecoins or fiat pairs. Ideal for beginners and pros alike.