Phemex, one of many quickest crypto exchanges and futures buying and selling platforms within the business, has additional bolstered its providing by saying the inclusion of 8 new cryptocurrencies out there in each their crypto spot market and derivatives market. The newest bunch of cash to make it to the listing consists of BAT, CHZ, MANA, ENJ, SUSHI, SNX, GRT, and MKR.
Following the itemizing, Phemex now helps BAT/USDT, CHZ/USDT, MANA/USDT, ENJ/USDT, SUSHI/USDT, SNX/USDT, GRT/USDT, and MKR/USDT spot buying and selling pairs, in addition to contract buying and selling of those eight belongings with as much as 20x leverage.
Placing Users First, Always
Phemex has come a good distance because it was launched 2 years in the past. Created by a gaggle of ex-Wall Street executives to offer a significantly better skilled buying and selling expertise to the crypto neighborhood, the platform has at all times put its person’s wants first. The platform implements a sturdy buying and selling engine and state-of-the-art safety to allow a flawless buying and selling expertise.
The platform implements a stringent analysis course of for brand spanking new token listings. Each entry is subjected to due diligence and solely people who fulfill all prescribed standards might be made out there to Phemex customers. Meanwhile, customers can at all times present suggestions and ideas relating to new options or tokens to the Phemex crew. They act upon these inputs based mostly on demand and recognition, making certain their neighborhood at all times stays a step forward of others.
Reintroduction of XRP
Phemex has reintroduced XRP together with BAT, CHZ, MANA, ENJ, SUSHI, SNX, GRT, and MKR after a short interval of suspension as a result of SEC lawsuit towards Ripple Labs – creators of XRP. The information of the lawsuit resulted in huge selloffs on varied exchanges world wide.
Phemex is likely one of the many exchanges that halted XRP buying and selling and delisted the favored cryptocurrency to guard its clients from widespread liquidations. Since then, the XRP market has returned to normalcy, which has, in flip, influenced the platform’s choice to reintroduce XRP spot and contract buying and selling on Phemex. Users can now entry XRP/USDT spot buying and selling in addition to the XRP/USD linear contract with as much as 20x leverage.
Read the official announcement at – https://phemex.com/announcements/phemex-releases-eight-new-coins-plus-xrp