Phemex

Phemex (phemex.com)

Phemex is a centralized cryptocurrency exchange that offers crypto trading services, including spot and derivatives (perpetual futures), alongside additional features such as copy trading and earn/wealth-management products. (phemex.com)

Overview

• Founded: 2019. (phemex.com)
• Positioning (self-description): “user-first crypto exchange,” and claims trust by “over 10 million” users/traders worldwide. (phemex.com)
• Core offerings (as described by the company): spot trading, derivatives trading, copy trading, and “wealth management”/earn products. (phemex.com)
• Leverage (as marketed on its site): up to 100× leverage is mentioned in its feature list. (phemex.com)

Corporate background (as described in public sources)

• Phemex states it was founded by former Morgan Stanley executives. (phemex.com)
• Third-party directories also describe Phemex as Singapore-based and list executives (e.g., CEO listed as Jack Tao in that directory). (cryptoslate.com)

X (Twitter) account: @Phemex_official

Because the X (Twitter) profile page is not directly accessible in this browsing environment, the following details are taken from a third-party profile mirror:

• Handle: @Phemex_official
• Profile description (as mirrored): “The Most Efficient Crypto Exchange | Built for You. Built for Tomorrow.”
• Account metadata (as mirrored): joined September 2019; follower count shown around ~479K at the time the mirror was crawled. (twstalker.com)

Notable security/regulatory reporting (third-party)

Some third-party reviews and summaries report a major hot-wallet security incident in January 2025 and discuss regulatory/friction issues in certain jurisdictions; accounts vary by source. (coinbureau.com)

Identifiers provided text Website: https://phemex.com X (Twitter): https://twitter.com/Phemex_official