RATE Group | Phemex Exchange Launches Zero Fee Cryptocurrency Spot Trading
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Phemex Exchange Launches Zero Fee Cryptocurrency Spot Trading

13 May Phemex Exchange Launches Zero Fee Cryptocurrency Spot Trading

Posted at 14:44h in Cryptocurrency News by

SINGAPORE / ACCESSWIRE / May 13, 2020 / The Cryptocurrency exchange Phemex has rolled out a Premium membership program that allows spot trading with zero fees going live on May 15th, 2020. With prices starting at 9.99 USDT per month, Premium traders will be able to swap as much – or as little – cryptocurrency as they like with no additional fees. In addition, all current and new Phemex users are to be awarded a free seven-day Premium trial.

Phemex is the first derivatives and spot exchange to offer its users zero-fee trading on demand. The 9.99 USDT/month package is complemented by 19.99 USDT/3 months and 69.99 USDT/year options. Users can choose to extend their Premium memberships at any time or allow these to expire with no renewal requirements.

Traditionally, exchanges only offer zero-fee trading to high volume users that meet minimum deposit and volume thresholds. However, Phemex’s Premium membership enables traders of all sizes to enjoy feeless transactions for a low monthly…

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