Phemex

phemex.com ↗ Exchanges Singapore Est. 2019

Derivatives-first platform offering zero-fee spot for premium members.

2.4
Poor 61 reviews Write a review

Reviews

  1. B
    berlin_btc Singapore · today

    Frustrating

    Listen deposit went to the worng network, support shrugged. fyi.

  2. N
    newbie_q Mexico · today

    Finally One That Works

    futures engine is solid, no slippage even on leverage. oh and verification was quick and painless.

  3. D
    DiamondStorm Argentina · today

    fraud

    FRAUD.

  4. R
    rektagain France · today

    Regret it

    Tried to take $5k out and its been stuck 'processing' for over a week. never again... 😡

  5. N
    Neon_Nomad21 Italy · today

    Fed up

    Buer beware suddenly needed 'enhanced verification' before i could withdraw. still waiting on a resolution. tbh.

  6. R
    Rug.Dude Turkey · today

    Avoid

    Fair warning suport is a copy paste bot that never escalates?! 😩

  7. Q
    QuantumSurfer Australia · today

    Good Stuff

    So far, kyc was done same day, no back and forth. also withdrawls are fast, had bags in my wallet in like 5 mins. also fees are actually competitive once you hit the next tier. would recommend

  8. B
    Bear.Forge Indonesia · today

    Buyer beware

    Do yourself a favor you will NEVER get a human in support, trust me. oh and delisted my token overnight and converted it way below market. smh...

  9. B
    BigDawg Singapore · today

    hit and miss

    Ok so deposits are instant, no waiting around, however they changed the withdrawl limits without telling anyone. ok for now. ngl.

  10. B
    btc_or_bust United Kingdom · today

    Solid

    honestly, support is responsive, got a real answer not a bot

  11. V
    VAULT_GURU Japan · 11 days ago

    decent but

    look liquidity on the majors is deep, my orders fill clean, however they changed the withdrawl limits without telling anyone. fine as a backup.

  12. L
    liquidrunner Mexico · 12 days ago

    Scammy

    fair warning no liquidity on anything but the majors, forget small caps?!

  13. V
    VaultViper2021 Argentina · 20 days ago

    be careful

    Warning got rekt by a liquidation that the chatr doesnt even show!!!

  14. B
    BigDawg Germany · 1 month ago

    Wish id known

    Real talk, they suddenly froze everything when i tried to cash out. YOU been warned. istg!!

  15. A
    Ape.Wizard100 Vietnam · 1 month ago

    my go to now

    Honestly, trading fees are low, cant complain about that. 10/10

  16. X
    xxcryptoxx Turkey · 1 month ago

    could be better

    earn products actually pay out as advertised … on the flip side verification is broken, keeps rejecting a valid passport. 3 stars feels right.

  17. H
    h0dlgang Mexico · 2 months ago

    do not use

    kyc rejected my docs 3 times for no reason. smh?!

  18. S
    samonchain India · 2 months ago

    regret it

    Warning, app glicthed and showed the wrong balance, nearly had a heart attack. absolute joke?!

  19. T
    the_doc United States · 2 months ago

    nothing special

    deposits clear instantly, $50 was there before i could blink … on the flip side pretty sure the volume is faked, candles do weird stuff

  20. H
    hashnomad2024 South Korea · 3 months ago

    Disappointed

    Warning got rekt by a liquidation that the chart doesnt even show. also suddenly needed 'enhanced verification' before i could withdraw. never again. istg...

  21. F
    fatcatfinance Vietnam · 3 months ago

    AVOID

    first off they froze my account mid withdrawal and asked for docs i already sent. never again... 😩

  22. T
    the_doc Nigeria · 4 months ago

    fed up

    They DELISTED a coin i held and gave me a terrible conversion rate

  23. C
    CryptoTrader23 France · 4 months ago

    fine i guess

    perps are smooth here, tight spreads … on the flip side been trying to close my account for a month or so, they wont let me. 3 stars feels right.

  24. D
    dave South Africa · 5 months ago

    Decent But

    I mean, grid bots are free and actually work but liquidation engine is shady, got liquidated on a wick that wasnt real. ok for now 🤷

  25. C
    carlos.m Sweden · 6 months ago

    Lost Trust

    First off they DELISTED a coin i held and gave me a terrible conversion rate. still waiting on a resolution.

  26. 0
    0xmaria Germany · 6 months ago

    Never again

    do yourself a favor they suddenly froze everything when i tried to cash out. 🙄

  27. P
    priyacrypto Sweden · 7 months ago

    not worth it

    Been trying to close my account for 2 months, they wont let me. fees are way higher than advertised once you actually trade!!

  28. 2
    247trader United Kingdom · 7 months ago

    0 stars

    listen, no liquidity on anything but the majors, forget small caps, and the app is buggy, froze on me during a dump and i couldnt sell?!

  29. P
    PixelKid United States · 7 months ago

    scammy

    The price action looks manipulated, random wicks hunting stops. verification is broken, keeps rejecting a valid passport. never again. 🤬

  30. M
    Moon_Bro69 United Kingdom · 7 months ago

    way better than expected

    Fwiw, no security issues in 2 months, i trust them with my stack.

  31. G
    GmRunner Indonesia · 8 months ago

    they dont care

    terrible...

  32. N
    NgmiSpark42 Australia · 8 months ago

    meh

    The good: futures engine is solid, no slippage even on leverage. the bad: fees are way higher than advertised once you actually trade. lmao.

  33. N
    notfinancialadvice United States · 9 months ago

    Its ok

    Ok so, the copy trade feature is underrated, up nicely so far, however support is a copy paste bot that never escalates

  34. A
    anon2 Singapore · 9 months ago

    never again

    avoid this place ⚠️

  35. M
    mariag Canada · 9 months ago

    Smooth Experience

    Been staking USDT here for 3 days, pays like clockwork. no complaints. tbh

  36. P
    pixelsurfer88 UAE · 9 months ago

    stay away

    Suddenly needed 'enhanced verification' before i could withdraw. you can get money in easy but good luck getting it out. you been warned...

  37. N
    nadia_fx Turkey · 9 months ago

    meh

    Been here since 2022 and never lost a cent, feels safe … on the flip side deposit went to the wrong network, support shrugged. we'll see...

  38. S
    SigmaHands Germany · 10 months ago

    total letdown

    First off, you can get money in easy but good luck getting it out. plus they sneak in conversion fees, wach your statements!!!

  39. S
    ShrimpDrift2021 United Kingdom · 11 months ago

    Mixed feelings

    tbh app works great, never crashed on me … on the flip side order book is thin, my limit orders barely fill. fine as a backup... 🤔

  40. B
    btc_or_bust Netherlands · 11 months ago

    do not use

    Do not use 🙄

  41. C
    CryptoBoi42 Philippines · 1 year ago

    its ok

    Ok so mobile app is smooth, charts dont freeze when its busy but support is useless, same canned reply every time. ok for now.

  42. P
    patient_pat Turkey · 1 year ago

    Lost my money here

    lost my monye here.

  43. S
    SatRaven Germany · 1 year ago

    would recommend

    For what its worth copy trading actually made me money, following a couple good traders. lmao. 😎

  44. M
    mei.lin India · 1 year ago

    not worth it

    Ngl stuck in kyc limbo for weeks, cant even use the account. pretty sure the volume is faked, candles do weird stuff?! 💀

  45. W
    wenmoon23 South Africa · 1 year ago

    0 stars

    wish id read the reviews first, withdrawals are a nightmare, still watiing on my btc. plus sent moeny on the wrong network and recovery took weeks, and order book is thin, my limit orders barely fill. 0/10

  46. 2
    247trader United States · 1 year ago

    Trash app

    trash app

  47. F
    Frog.Pilgrim2024 Brazil · 1 year ago

    great so far

    Works great! ⭐

  48. W
    Wagmi.Queen Argentina · 1 year ago

    nothing special

    The good: the trading bots are a nice touch and theyre free. the bad: my withdarwal sat pending for 9 days, no explanation.

  49. B
    BigDawg Canada · 1 year ago

    has potential

    Tbh the good: no slippage on the big pairs, fills ARE instant. the bad: the app is buggy, froze on me during a dump and i couldnt sell.

  50. S
    satoshi_viper Vietnam · 1 year ago

    Hit and miss

    Eh the good: passed kyc in like 15 mins with just my passport. the bad: tried to take a small aount out and its been stuck 'processing' for over a week.

  51. S
    SatNomad99 United Kingdom · 1 year ago

    could be better

    Kinda torn on this, easy to use, my mum coould figure it out but my withdrawl sat pending for 9 days, no explanation 🤷

  52. S
    sofia_sats Poland · 1 year ago

    love it

    Love it!!

  53. S
    Shrimp_Bro Japan · 1 year ago

    what a joke

    do yourself a favor, sent sol on the wrong network and recovery took weeks. taking my business elsewhere.

  54. H
    happytrader Japan · 1 year ago

    lost trust

    Got logged out mid trade and the balance showed wrong for hours. also the price action looks manipulated, random wicks hunting stops.

  55. B
    Based_Echo United Kingdom · 2 years ago

    Good and bad

    ui makes sense even for a beginner, however been trying to close my account for since 2022, they wont let me

  56. D
    diamond_dana Australia · 2 years ago

    Be Careful

    Hidden fees everywhere, the spread on small pairs is brutal. plus liquidation engine is shady, got liquidated on a wick that wasnt real!!! 💀

  57. D
    Degen.Phoenix2024 France · 2 years ago

    biggest mistake

    Biggest mistaake 💀

  58. T
    tom Argentina · 2 years ago

    good and bad

    best place for small caps, they list stuff months before othrs … on the flip side they delisted a coin i held and gave me a terrible conversion rate

  59. G
    greencandles Argentina · 2 years ago

    10/10

    Gotta give credit had an issue, support sorted it same day, and withdrawal times are genuinely quick, faster than the big exchanges!!

  60. B
    beardude42 France · 2 years ago

    Disappointed

    Where do i even start, account locked out of nowhere, they want 'proof of source' for MY money. oh and delisted my token overnight and converted it way below market. avoid. imo.

  61. F
    FiatRunner1 Spain · 2 years ago

    fine i guess

    If you want altcoins this is the spot, huge selection. that said, hidden fees everywhere, the spread on small pairs is brutal. fine as a backup. 🤔