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Phemex

A derivatives-focused crypto exchange.

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Reviews

3.0(174)
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Rating

Showing 75 of 174 reviews — proof-verified first.

Aisha Lee· Singapore
Verified Review

Support never replied

I really wanted to like Phemex. The account got locked during a routine review. My withdrawal was stuck for days with no explanation. Expected better. Been a customer for a couple of years.

Verified with a dashboard screenshot.

15 found this helpfulReport
Priya Kumar· Singapore
Verified Review

Reliable and secure

I’ve used Phemex to buy and sell crypto for a while. Buying and selling is quick and the spread is fair. Withdrawals to my bank and wallet went through fast. Will keep using it. Used across two countries so far.

Confirmed as an active customer.

47 found this helpfulReport
Wei Jie F.· Singapore
Verified Review

Support never replied

I really wanted to like Phemex. KYC kept rejecting my documents. Fees on withdrawal were far higher than expected. Hope they fix this soon. Used across two countries so far.

Verified as a real account holder.

23 found this helpfulReport
Siti S.· Singapore
Verified Review

Support never replied

Used Phemex for a larger trade. The account got locked during a routine review. My withdrawal was stuck for days with no explanation. Will think twice before relying on it.

Verified with a recent statement.

20 found this helpfulReport
Saoirse Doyle· Ireland
Verified Review

Support never replied

I trusted Phemex with my crypto. My withdrawal was stuck for days with no explanation. Cannot recommend right now.

Confirmed as an active customer.

20 found this helpfulReport
Siti H.· Singapore
Verified Review

Withdrawal stuck

I trusted Phemex with my crypto. Fees on withdrawal were far higher than expected. My withdrawal was stuck for days with no explanation. Disappointed overall. Switched from a traditional provider.

Verified with a recent statement.

27 found this helpfulReport
Liam Doyle· Ireland
Verified Review

Reliable and secure

Use Phemex for buying Bitcoin and other coins. The range of coins available is huge. Highly recommend. Switched from a traditional provider.

Verified with a dashboard screenshot.

19 found this helpfulReport
Jia Hui R.· Singapore
Verified Review

Great exchange

So far Phemex has been great for me. Buying and selling is quick and the spread is fair. Withdrawals to my bank and wallet went through fast. Couldn’t be happier. Setup took less than ten minutes.

Verified as a real account holder.

32 found this helpfulReport
Hui Ling Kumar· Singapore
Verified Review

Account locked

I’ve had ongoing issues with Phemex. Fees on withdrawal were far higher than expected. Disappointed overall.

Confirmed as an active customer.

18 found this helpfulReport
Aisha D.· Singapore
Verified Review

Verification nightmare

Tried to withdraw from Phemex. Support never responded to my ticket. Expected better. Been a customer for a couple of years.

Proof of account uploaded for verification.

23 found this helpfulReport