Phemex, one of the fastest crypto exchanges and futures trading platforms in the industry, has further strengthened its offering and announced the addition of 8 new cryptocurrencies available in both the crypto spot market and the derivatives market. The latest coins to make the list include BAT, CHZ, MANA, ENJ, SUSHI, SNX, GRT, and MKR.
After listing, Phemex now supports BAT / USDT, CHZ / USDT, MANA / USDT, ENJ / USDT, SUSHI / USDT, SNX / USDT, GRT / USDT, and MKR / USDT spot trading pairs, as well as their Contract trading eight assets with up to 20x leverage.
Always put users first, always
Phemex has come a long way since it was launched two years ago. The platform was developed by a group of former Wall Street executives to bring a much better professional trading experience to the crypto community. The needs of the user were always put in the foreground. The platform implements a robust trading machine and state-of-the-art security to enable a flawless trading experience.
The platform implements a strict evaluation process for new token lists. Each listing is subject to due diligence and only those that meet all mandatory criteria will be made available to Phemex users. In the meantime, users can always provide feedback and suggestions about new features or tokens to the Phemex team. They respond to these inputs based on demand and popularity, making sure that their community is always one step ahead of others.
Reintroduction of XRP
Phemex has reintroduced XRP along with BAT, CHZ, MANA, ENJ, SUSHI, SNX, GRT and MKR after a brief suspension period due to the SEC lawsuit against Ripple Labs – inventors of XRP. News of the lawsuit resulted in massive sell-offs on various exchanges around the world.
Phemex is one of the many exchanges that stopped XRP trading and delisted the popular cryptocurrency to protect their customers from widespread liquidations. Since then, the XRP market has normalized again, which in turn influenced the platform’s decision to reintroduce XRP spot and contract trading on Phemex. Users can now access the XRP / USDT spot trading as well as the XRP / USD linear contract with up to 20x leverage.
Read the official announcement at – https://phemex.com/announcements/phemex-releases-eight-new-coins-plus-xrp