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Phemex

Phemex is a Singapore-founded crypto exchange registered as a money services business with FinCEN and FINTRAC, with a Lithuanian VASP registration, though it lacks tier-one oversight. Its welcome offer is a set of cashback vouchers worth up to roughly $50 plus access to a shared xPT pre-mining pool, all unlocked by completing deposit and trading tasks within seven days. The vouchers only refund trading fees you actually generate, so realizing the full value takes tens of thousands of dollars in volume before the vouchers expire.

Regulation

US Financial Crimes Enforcement Network · Tier-2 Lithuanian Financial and Capital Market Commission · Tier-2 Canada · Tier-2 Capital Markets Board of Turkey · Tier-2
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Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.

Phemex bonuses (2 active)

1 Sign-up reward
3.2

Phemex Welcome Rewards: cashback vouchers plus xPT airdrop access

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Up to roughly $50 in cashback vouchers plus xPT pre-mining access

New Phemex users who register and verify KYC can earn a set of small cashback (fee rebate) vouchers worth up to roughly $50 by completing deposit and trading tasks within 7 days, plus access to the shared xPT pre-mining airdrop pool.

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2 Contest
3.0

Phemex 2026 Ultimate Championship: $7M Prize Pool Contest

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$7,000,000 USDT total prize pool

A 42-day World Cup themed crypto trading competition with a headline $7,000,000 USDT prize pool, where most participants earn small non-withdrawable trading-bonus vouchers rather than cash.

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