Phemex Exchange

Trade Simple

300,000 transactions per second

Cold wallet storage with 2-level human scrutiny and offline signatures

Perpetual Contracts with up to 100x leverage

The Fastest Crypto Exchange and Futures Trading Platform

Back in 2017, as experienced professional Wall Street traders and investors, Jack Tao and other founding members of Phemex identified a lack of professionalism, trustworthiness, and customer support within the crypto industry. In the following two years, the number of users engaging in cryptocurrency trading increased significantly. Nevertheless, existing exchanges showed little to no improvement. Realizing the seriousness of the problem, the team left Wall Street and founded Phemex in the summer of 2019. They then dedicated themselves to building a simple, efficient, but most importantly, a trusted cryptocurrency trading platform. Then, on November 25th, 2019, the Phemex platform officially went live.

Partnering with BANXA enables easy but secure fiat to crypto purchases for Phemex’s users by adding many convenient payment methods to the current service. 

How to guide
Simple guide to buying cryptocurrency within Phemex using Banxa

Click here to create a new user account on


1. Sign up to

2. Click on “Buy Crypto”

3. Input your values and select the Banxa channel.

4. Follow Banxa instructions

ID Verification 

If this is your first time buying cryptocurrency with Banxa, you will be required to complete a one-off know your customer (KYC) steps. It will only take a few minutes. 

If you have any queries about your order, please contact us by creating a ticket on We have a friendly team of support staff to guide you every step of your order process. 

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