Phemex Launches 24/7 TradFi Futures Trading with Zero-Fee Promotion
Phemex, a crypto-first exchange, has expanded into traditional finance with the introduction of Phemex TradFi, a futures trading platform offering round-the-clock access to stocks, precious metals, and eventually commodities, forex, and indices. The MOVE bridges crypto and traditional markets under a unified USDT-settled framework.
To drive adoption, Phemex is waiving trading fees for three months on stock futures and offering a $100,000 incentive pool. A first-trade protection mechanism will reimburse eligible users for losses, encouraging risk-aware participation.
The platform’s 24/7 structure allows traders to react to global macro events in real-time, bypassing the limitations of traditional exchange hours. By integrating TradFi derivatives into a crypto-native environment, Phemex eliminates the need for multiple platforms or settlement systems.
This launch positions Phemex as a comprehensive hub for multi-asset derivatives, catering to traders seeking seamless exposure to both digital and traditional markets.
