Bitcoin? Ethereum? Ripple? Is there global virtual money that can be used to exchange? This would have been unthinkable 20 years ago, and now, as of 2021, the international crypto ownership rates are expected to be at 3.9 percent, with over 300 million crypto users globally. With the beginning of 2022, there might be an increase in its number this year.
When the world’s first decentralized currency, Bitcoin, was launched in 2009, cryptocurrencies were born. The basic concept behind cryptocurrency was establishing a safe and anonymous way to send money from one person to another.
As a result, its value has surged, earning it “digital gold” among its users.
Well! This explains why there is a surge of crypto-based events in the world. One of the leading crypto events is Crypto Expo Dubai. As a matter of fact, Phemex was just a regular part of this event; it was also the coffee bar sponsor in the same.
What is Phemex, and how Does it work?
It is a trading and investing platform. It makes it efficient in a way that has never happened in the industry. There are multiple things you can do under this one umbrella term:-
- Buy crypto at any point in time
- Spot Trading statistics on a regular basis
- Contract Trading, where you can trade crypto with 100 times leverage.
- Earn Crypto with up to 25.00% APY interest.
- Have a look at their Academy with blogs to make you aware of this industry
- Provides you with a welcome bonus.
There are around 300,000 transactions per second with order response times of less than one millisecond. FIX API is present for institutional traders, and Sub-Accounts for quantitative traders are advanced features—storage of a cold wallet which makes it the most secure wallet.
Offline signatures are required for transfers that require two levels of human verification. Live multilingual assistance is available 24/7. Its CEO can be reached through Telegram and Twitter.