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What is PHEMEX
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Launched in 2019, Phemex is a Singapore-based cryptocurrency and derivatives trading platform led by former Morgan Stanley executives. It was the first major exchange to pioneer an optional premium membership model for zero spot trading fees.
The name recall Pheme which is the Greek God of fame who represented the public's voice. MEX stands for mercantile exchange. Together, they symbolize a vision for an enhanced financial future in which everyone's voices are heard and old identities are cast away in favor of equal opportunities.