01
What happened
Phemex, a crypto exchange founded in 2019, outlines its services including spot and futures trading, automated bots, and wealth management. The platform emphasizes its security measures, such as 100% Proof of Reserves and institutional-grade custody. Phemex also details its KYC requirements for enhanced security and compliance with global AML/CFT standards.
02
Does it affect you
Scoped to GLOBAL and products: spot, futures, earn, custody, trading_bots, copy_trading. Sign in to see personalized impact.
04
What to do now
- Review Phemex's security features and Proof of Reserves system.
- Understand the KYC requirements for full platform access.
- Familiarize yourself with the different trading and earning products offered.
ChainSentrix is risk intelligence, not financial advice. We report from official sources and never ask for your keys, seed phrases, or balances.