Phemex

Institutional-grade crypto exchange with real-time cross-border trading

Available in 8 countries Last verified: May 2026
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Founded
2019
Users
10M+
Total Funding
$5M
Employees
200-500

🏢 Company Overview

Headquarters
Singapore, Singapore
Funding Stage
Seed
Total Funding
$5M
Users
10M+
Pricing
Freemium
Rating
★ 4.5
AML Compliant GDPR PCI DSS Payment License Insurance coverage up to $10M

ℹ️ About Phemex

Phemex is a Singapore-based cryptocurrency exchange offering spot, futures, and copy trading with institutional-grade security and deep liquidity pools.

⚡ Key Features

MPC threshold signature wallets
Sub-second order matching engine
Cross-chain atomic swaps
Copy trading with transparent data
VIP tiered fee discounts
Institutional OTC desk

💪 Strengths & Weaknesses

5 Pros 4 Cons
💪
Strengths
What it does well
Sub-second trade execution
Transparent copy trading data
Institutional-grade security
Competitive fee structure
Extensive coin selection
⚠️
Weaknesses
Areas to improve
US persons not supported
Limited fiat on-ramps
No hardware wallet integration
Higher withdrawal fees

💬 User Reviews

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🌍 Available In

8 countries
Singapore United Kingdom Germany France Japan Australia Canada United Arab Emirates
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