Posted 9 months ago | by Ben Armstrong
Phemex Celebrates its First Anniversary with a Twitter Giveaway
Phemex is Giving Back to its Users on its Birthday
The goal of the campaign is to achieve 50,000 followers on Twitter by introducing several milestones along the way with prizes becoming better as its follower count increases.
The event is already running and will continue to until Aug 16 of 2020.
The prizes available to participants will include:
- 200x free 365-Day Premium Memberships.
- 100x Phemex merch packages.
- 4x Phemex gaming PC sets: Custom PC (10th Generation Intel® Core™ i7 Processors, 8 GB memory card, WD SN750 500G SSD), a 27-inch curved C27G2 gaming monitor, customized mechanical keyboard, mouse, and a customized Phemex gaming chair.
- 1 BTC will be sent directly into the winner’s wallet address of their choice.
Participants automatically receive entries for each task they complete and the winners will be randomly selected on the day following the event ending.
Phemex is Growing Rapidly as its Benefits Increase
The Singapore-based cryptocurrency and derivatives exchange, Phemex, was established back in November of 2019.
The exchange was founded by former Morgan Stanley executives and has been growing fast, reaching the top eight derivatives exchanges according to CoinMarketCap.
Phemex offers BTC, ETH, XRP, LINK, XTZ, LTC, as well as GOLD perpetual contracts with up to 100x leverage.
In May of this year, the young exchange launched spot trading services with four cryptocurrencies, including BTC, ETH, XRP, and LINK, all of them traded against USDT.
Most recently, following a variety of new releases, Phemex has now added ADA, TRX, and ONT support along with several new payment gateways that allow the purchase of tokens via bank cards, ApplePay, and other convenient methods.
Crypto Traders Love Paying no Fees
When it comes to Phemex’s rapid growth, its Spot Market has been being the most significant one with its Zero-Fee model as it is the only major exchange to waive trading fees entirely in favor of low-cost premium memberships instead.
The plans offered have a low cost at $6.99 per month and include benefits such as hourly withdrawals, no withdrawal limits, and the ability to place conditional spot orders.
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