Join the Phemex Deposit Dazzle & Claim $5,000 just for Deposits!
Phemex, a Singapore-based cryptocurrency exchange, seems to be attracting all of the industry’s attention. They’re bringing back the popular Deposit Dazzle event and rewarding all active traders with a new Bitcoin and US...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Phemex, a Singapore-based cryptocurrency exchange, seems to be attracting all of the industry’s attention. They’re bringing back the popular Deposit Dazzle event and rewarding all active traders with a new Bitcoin and USD bonus! With the Phemex Deposit Dazzle, users just need to deposit BTC or USDT and claim up to a $5,000 bonus in BTC and USD! The best aspect of this event is that it is very simple to join and anyone may meet the deposit criteria.
Launched in 2019, Phemex is a platform led by former Morgan Stanley executives. Serving around 5 million active users in over 200 countries, Phemex supports 145+ contract trading pairs with up to 100x leverage and 294+ spot trading pairs, making it easy and efficient to trade and buy cryptocurrency. Phemex is founded on the values of honesty, integrity, and trustworthiness. Phemex is the ideal solution for your crypto-financial needs, with a great vision, a devoted team, and a genuine interest in the interests of its consumers.
What is the Phemex Deposit Dazzle?To put it simply, the Phemex Deposit Dazzle is a BTC and USD giveaway. Users can get a bonus in Bitcoin and USD for depositing BTC or USDT on the platform.
The bonus varies depending on your net deposit, starting from $10 (for the minimum deposit of at least 0.01 BTC or at least 200 USDT) and goes all the way up to $2,500 (for deposits of at least 5 BTC.) Be sure to transfer the new deposits into your BTC or USD trading account to participate in this promotion. Join now to earn your bonuses!
Dates[Stage 1] Deposit and Transfer: 0:00 UTC from Sept. 1 to Sept. 19, 2022 [Stage 2] Bonus Calculation: Sept. 19 to Oct. 3, 2022 [Stage 3] Bonus distribution: Oct. 3, 2022
Terms and conditions- New Deposits must be transferred into your BTC or USD trading account to participate in this promotion. If you choose to deposit BTC, please transfer your BTC to your BTC trading account, if you choose to deposit USDT, please transfer your USDT to your USD trading account.
- You can freely trade with the funds you transferred into your trading account. Neither losses nor profits will be factored into your original Net Deposit amount to calculate your reward.
- Participants can receive trading bonuses in both their BTC and USD trading accounts, as long as corresponding currencies are correctly deposited during the campaign period.
- Net Deposit=Total Deposits during deposit period – Total Withdrawals until bonus distribution. Withdrawing before bonus distribution may cause your reward to be lower.
- All deposits made during this promotional period must remain in your BTC or USD trading account until you receive your bonus. Transferring out beforehand will disqualify you from the promotion.
- Rewards will be distributed as BTC or USD trading bonuses to your trading account based on which account you transferred your assets into. Please refer to our Bonus Terms and Conditions for more details.
- Only new deposits made within this promotional period will be counted. Transferring pre-existing funds from your spot wallet to your trading account will not count.
- This promotion is strictly for BTC and USDT deposits only. Other cryptocurrency deposits will not be counted.
- You can only participate in this event with your main account.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
CertiK flags Tornado Cash deposits tied to wallet behind $1.58 million drain
The recurring use of mixers like Tornado Cash for laundering highlights ongoing challenges in crypto security and the need for imp...
SoFi’s tokenized deposits put banks in competition with stablecoins, Truth Ventures CEO says
SoFi's tokenized deposits may drive innovation in banking, challenging stablecoins and prompting regulatory and consumer protectio...
AAVE V4 on Base sees $10M surge in tokenized stock deposits
The surge in tokenized stock deposits on Aave V4 may boost DeFi confidence and influence sentiment towards a potential Base token...
How Solana Supports Fast Crypto Payments in Digital Gaming
Picture a SOL holder on a quiet evening, watching the token tick sideways on a chart that hasn’t done much all week. Rather than r...
Indian Exchange CoinDCX Admits $16M Hit After CEO Dismissed Suspicious Transfers
CoinDCX has confirmed a $16 million cryptocurrency loss just three days after its CEO dismissed suspicious wallet activity as a “f...
PHP Hack: How Bitcoin Will Respond to the “Cyber Pandemic”
▶Bitcoin Magazine PHP Hack: How Bitcoin Will Respond to the “Cyber Pandemic” Government websites in France and Finland and hospita...