Phemex to award 2 BTC in celebration of its birthday

The Phemex cryptocurrency derivatives exchange launched a contest “Choose Your Reality” with a prize pool of 2 BTC to celebrate the project’s second anniversary. The event will run from November 25, 2021 to January 25, 2022, at 5:00 PM (MSK).

To participate, you must register on Phemex and share your dream on the на странице акции: in text or video form. Users may submit messages in English or their native language.

The organizers will select 10 winners and announce the results on February 16, 2022 at 5:00 PM (MSK).

“Over the past two years we have made significant progress: the number of platform users has grown to 2 million, and the maximum daily trading volume to $12.5 billion. In that time we launched bracket orders, built a knowledge base for the community, ran several trading contests, and became one of the first crypto exchanges with a premium subscription. Moreover, in February 2020 Phemex собрала funds to purchase 10,000 masks for those affected by the COVID-19 outbreak in Wuhan,” — said Phemex CEO Jack Tao.

During the promo, Phemex will credit bonuses to new users within 30 minutes of account verification.

Phemex is a Singapore-based cryptocurrency derivatives exchange founded by former Morgan Stanley executives. The platform has been operating since 2019 and supports 37 cryptocurrencies.

Users have access to spot trading and perpetual contracts with up to 100x leverage. For storing clients’ funds, Phemex uses a system of hierarchically deterministic cold wallets.

Earlier, Forklog and Phemex published educational cards about bracket orders.

Follow ForkLog on VK!