Following the itemizing, Phemex now helps BAT/USDT, CHZ/USDT, MANA/USDT, ENJ/USDT, SUSHI/USDT, SNX/USDT, GRT/USDT, and MKR/USDT spot buying and selling pairs, in addition to contract buying and selling of those eight property with as much as 20x leverage.
Putting Customers First, At all times
Phemex has come a good distance because it was launched 2 years in the past. Created by a bunch of ex-Wall Avenue executives to supply a significantly better skilled buying and selling expertise to the crypto group, the platform has all the time put its person’s wants first. The platform implements a strong buying and selling engine and state-of-the-art safety to allow a flawless buying and selling expertise.
The platform implements a stringent analysis course of for brand new token listings. Every entry is subjected to due diligence and solely people who fulfill all prescribed standards can be made accessible to Phemex customers. In the meantime, customers can all the time present suggestions and strategies relating to new options or tokens to the Phemex crew. They act upon these inputs primarily based on demand and recognition, guaranteeing their group all the time stays a step forward of others.
Reintroduction of XRP
Phemex has reintroduced XRP together with BAT, CHZ, MANA, ENJ, SUSHI, SNX, GRT, and MKR after a short interval of suspension because of the SEC lawsuit towards Ripple Labs – creators of XRP. The information of the lawsuit resulted in huge selloffs on varied exchanges world wide.
Phemex is among the many exchanges that halted XRP buying and selling and delisted the favored cryptocurrency to guard its prospects from widespread liquidations. Since then, the XRP market has returned to normalcy, which has, in flip, influenced the platform’s resolution to reintroduce XRP spot and contract buying and selling on Phemex. Customers can now entry XRP/USDT spot buying and selling in addition to the XRP/USD linear contract with as much as 20x leverage.
Learn the official announcement at – https://phemex.com/bulletins/phemex-releases-eight-new-coins-plus-xrp