95
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Phemex: Crypto & BTC Trading | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
3 Points Past 30 Days
Category: Finance
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30-Day Trend
 
Poor
 
Fair
 
Good
 
Epic
Work at Phemex? Unlock additional insights
Android unitQ Score
Android User Feedback
55%
Android
43 Reports
iOS unitQ Score
iOS User Feedback
45%
iOS
35 Reports
User Feedback
45%
iOS
35 Reports
55%
Android
43 Reports
Phemex: Crypto & BTC Trading - Latest Quality Issues
Android
Feb 8, 2025
The worst service ever I seen in my life I'm waiting for online chat agent since 1 hour but still there is no one 😏☹️
Android
Feb 10, 2025
Unfortunately, I can't carry out the same procedure from Spain. I always get an error message.
Android
Feb 18, 2025
The app automatically placed a trade that I had not approved, let alone initiated. I lost a lot of money because of this trade and unfortunately the support team was not able to help me solve the problem. I therefore do not recommend it and will look for another exchange.
iOS
Mar 2, 2025
Output doesn't work
Why doesn't the output work?
iOS
Mar 2, 2025
Like Phemex exchange… hate the app!
I regularly use the Phemex exchange website on my computer because it's equipped with numerous indicators that significantly aid my trading decisions. In particular, the Pivot Point indicator and Volume Weighted Average Price (VWAP) are invaluable tools for my trading strategy. However, I was disappointed to discover that these essential indicators are not available in the Phemex mobile app. Additionally, the app lacks a Quick Reverse feature, which is crucial for swiftly adjusting trading positions. These omissions make trading on the app feel akin to flying blind! Furthermore, I've encountered a recurring glitch upon launching the app: the initial chart often displays a dramatic candlestick movement—either a sharp decline or a sudden surge—that doesn't correspond to the actual market conditions. This visual anomaly can be misleading and may lead to erroneous trading decisions. While the Phemex mobile app boasts a user-friendly interface and offers various features, these specific limitations hinder its effectiveness for comprehensive trading activities. I find the exact opposite. I don't understand why they don't make the interface the same as the website. But, I'm not an app programmer. I'm currently looking for a new exchange with an app that is offers a viable option to use for my trading.
Android
Mar 4, 2025
Very good, and much better than bitget with its overloaded interface and constant push notifications... The disadvantage is the sparse payment systems, there are a lot of third-party providers who support GPay and Co but want all your data...
Android
Mar 15, 2025
The API connection to trading view is terrible. Or any other API usage. It takes forever to log in in comparison to other exchanges and doesn't always work, will only support having 2 tabs open or it closes the connections saying "too many requests" and the signal bots are stingy with the API as well. I'd use it as my primary exchange if these issues were resolved. Especially the signal bot integration in trading view. App needs a candle chart available at the bottom of the the trading page too.
iOS
Mar 17, 2025
Biggest money vacuum
Never seen an exchange cheat so much to steal customer money via poor engineering and bad calculations they call a liquidation engine and futures exchange then pass the blame and cost onto their consumers. Hogwash.
Android
Mar 27, 2025
🤷 My face is not being captured by the camera.
Phemex: Crypto & BTC Trading - Product Description
Phemex - The most efficient Crypto exchange and Crypto Futures trading platform. Trade Bitcoin, Ethereum, and other altcoins.

Phemex is a leading cryptocurrency exchange that specializes in spot and derivatives trading. It features 140+ USDT-margined contract trading pairs with up to 100x leverage that all support Hedge Mode, alongside 300+ popular spot trading pairs. Individuals from all over the world can instantly buy, sell, and trade blockchain cryptocurrency through a user-friendly and secure platform. Phemex is also pioneering a semi-centralized platform model by infusing decentralized mechanisms with existing CEX operations. The platform is moving into Web3 by incorporating soulbound token technology and DAO governance, as well as its own upcoming platform token. Phemex has released transparent Merkle-Tree Proof-of-Reserves so all users can verify on the blockchain that all funds are 100% backed on the platform. As the first exchange to publish both proof-of-reserves and proof-of-solvency through a unique, self-proving approach, Phemex stands out as one of the best and most trustworthy crypto exchanges.

Phemex Bitcoin (BTC) & Crypto Trading App Offers:
1. Buy Crypto with Credit & Debit Cards, Bank Transfer, P2P or other payment methods.
2. Derivatives (Perpetual Contract) trading with up to 100x leverage and settled in USDT, USD, BTC, or ETH.
3. Hedge Mode is supported for all USDT-margined perpetual contracts
4. Earn Bitcoin, USDT, and other cryptos with up to 10% APY interest. Passive crypto income.
5. Conveniently monitor your blockchain portfolio with customizable charts.

Crypto Welcome Bonus
1. Make a deposit to access 100 Million xPT and $50 Welcome Rewards!
2. Phemex Collaborator Affiliate Program allows users to permanently earn up to 50% in commissions on all trading fees collected from the referral network.

Phemex Supported Cryptos
Phemex currently offers 300+ spot coins on the blockchain:
BTC (Bitcoin), USDT, SOL (Solana), DOT (Polkadot), ETH (Ethereum), LINK (Chainlink), LTC (Litecoin), AAVE, ATOM (Cosmos), SUSHI, LUNA, UNI (Uniswap), ADA (Cardano), XTZ, FIL, SNX, CHZ, XRP (Ripple), TRX (TRON), MATIC, COMP, DOGE (Dogecoin), GRT, EOS, KSM, ALGO, XLM, MANA (Decentraland), YFI, BCH, ENJ (Enjin), MKR, AXS (Axie Infinity), BAT, ZEC, QTUM, NEO, ONT, VPAD, SAND, ALICE, ENS, ANKR, NU, GTC, OCEAN, MASK, USDC, YGG, AGLD, SLP, CAKE, HOT, FET, EOS, BNB, POLY, APE, CHR, OMG, TRIBE, XRP, DENT, 1INCH, MXC, C98, UMA, COMP, COTI, FEI, DAO, REN, BCH, etc.

Phemex currently offers 140+ perpetual contract markets:
BTC, ETH, LINK, XTZ, DOT, UNI, LUNA, LTC, TRX, ATOM, SNX, ADA, SUSHI, SOL, FIL, ALGO, ENJ, XRP, DOGE, XMR, KSM, BCH, NEO, COMP, MANA, CHZ, YFI, GOLD, etc.

Phemex Platform Features:
1. Education
Watch short introductory videos about crypto and answer quiz questions to earn crypto of your own.
Explore Phemex Academy to take your blockchain knowledge to the next level. Get latest Crypto News on the app.
2. High Performance
300k transactions per second (TPS), with order response times of less than 1 millisecond.
- Advanced Functionalities
FIX API for institutional traders and Sub-Accounts for quantitative traders.
3. Strongest Bitcoin Wallet Security
Cold wallet storage. Transfers require 2-level human scrutiny with offline signatures.
4. Access and Support
24 x 7 live multilingual support.
Transfer from Solana Phantom Wallet is supported.

Phemex Platform Safety
Ensuring the safety of every single account is Phemex's top priority.
- Wallet Security
- System Security
- User Account Security
- Trading Engine Security

All assets are 100% stored in cold wallets. Each withdrawal is thoroughly monitored on the blockchain and requires two-person approval with offline signatures. With the executive team’s advanced Wall Street risk management experience, malicious actions are easily detected and protective measures are quickly deployed.
Learn More Here: https://phemex.com/security
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