Phemex is all set to turn its users’ dreams into reality as it celebrates its 2nd anniversary. This Singapore-based cryptocurrency exchange is a remarkable success story since it was founded in 2019. It has become one of the best crypto trading and investment platforms around.

Phemex thinks it’s time to give back to the users who have helped the platform achieve some crucial milestones. The exchange will be celebrating its 2nd year anniversary, November 25th. Dubbed “Choose Your Reality,” this new campaign demonstrates Phemex’s triumphs over these incredible last two years, empowering users across the world with the vision of an enhanced financial future and helping users Break Through and Break Free.

The revolutionary forces at work in cryptocurrency, blockchain technology, and traditional finance are being disrupted by this new force. Capital inflows have increased tremendously due to the rising public interest in digital assets and decentralized financing (DeFi). Phemex has made remarkable progress towards financial freedom, which is the core of this groundbreaking innovation.

Eight former members of the committee led this initiative Morgan Stanley Phemex, a company founded by executives, has been adored for its unwavering reliability, promptness and integrity. Phemex was founded with the goal of creating financial opportunities. It has developed some outstanding tools and vast knowledge bases for crypto communities. The exchange is constantly pushing its own limits, and this time, Phemex wants to make its users’ dreams come true.

The Choose Your Reality campaign highlights the “Dream with Phemex” event, where users can submit a form or even send in a short video clip detailing their aspirations and goals, which will be featured on the page during the event. Phemex will select 10 winners to help them achieve their goals on February 16, 2022.

Check out this official announcement for more information about the event.

A Recap of Phemex’s Journey So Far

Phemex was founded in 2019, only two years ago. But the exchange has made great strides since then. It is now one of the world’s most popular crypto exchanges. From just three contract pairs in 2019 to boasting 40 spot pairs and 39 contract pairs today, Phemex has more than 2 million users. Phemex has a daily average trading volume exceeding $10 billion. It uses a user-oriented approach in order to create more sophisticated and powerful tools than any other. Phemex has been able to challenge some of the largest crypto platforms worldwide with this mindset.

Phemex has a history of exploring financial opportunities within the cryptocurrency market. Phemex organizes events for the benefit of the entire community. These include the 2019 viral puzzle challenge, giveaway of 2.1 BTC, and a fund raising event to aid Wuhan residents affected by the coronavirus epidemic.

Last year, Phemex also launched “the Era of Zero,” which essentially brought zero-fee spot trading to its premium members. The partnership was announced by the Singaporean exchange with Banxa, a global fiat-on-ramp Banxa. This collaboration is designed to provide seamless access for clients who wish to buy crypto using credit or debit cards. Phemex has also launched over-the counter transactions. [OTC]Services to be offered in February 2021 in response to the growing community demand

At the start of 2018, the Earn Crypto program was created. This allows traders to receive 8.5% APR on USDT deposits totaling up to $1.5 Million. The exchange joined forces with community members to launch its first non-fungible token, OpenSea. It included the deposit addresses for over 1000 Phemex users. It was soon auctioned, fetching around 44 Ether. That’s about $100,000. During this time, proceeds from the auction were divided among the participants.

Phemex has launched yet another campaign in May to celebrate the birthday of the famous Pizza Guy, the Bitcoin Pizza Day. Laszlo Hansyecz from Florida was offered a second opportunity to spend 10,000 BTC via their Earn Crypto platform. He could then withdraw any profits on that day. His earnings would have been well in excess of $120,000, with interest.

Although Phemex couldn’t locate Hanyecz at the time, it came up with Learn and Earn shortly afterward. It encouraged its users to be informed on cryptocurrency technology, and incentivized them to take courses. Phemex has also created an Academy portal, which contains over 400 articles on hundreds of subjects.

Over the past two years, Phemex has hosted countless trading competitions and giveaways, with a laser focus on its consumers’ needs. It has hosted events and created features that meet its users’ needs. Naturally, Phemex has managed to climb the ladder of the world’s top exchanges, consistently ranking within the top 10 derivatives exchanges across the globe.

The Phemex Project: Breaking down barriers and creating financial opportunities

Part of Phemex’s growing appeal is its belief that everyone in this world should have access to the right set of tools to effectively manage risk and trade assets seamlessly. Phemex’s promise to deliver the best quality products and services has been fulfilled over the past two years. As it continues to grow its consumer base, its platform’s sophistication and robustness coupled with its high standards and mature tools have enabled Phemex to propel itself to new heights, while upholding the broad ethos of the cryptocurrency industry.

Phemex has begun exploring the metaverse world. Jack Tao, CEO of Phemex, spoke about the Metaverse movement which has taken the world by surprise. He also highlighted the significance of NFTs in it. Tao, a World Blockchain Summit exec in Dubai stated that NFTs will not disappear. The exec also stated, “no one quite knows what it will look like, but that’s sort of the point. The metaverse won’t be constructed by a handful of centralized conglomerates — it’ll be assembled by billions of people.”

Phemex will be expanding its reach with the new Choose Your Reality program. This innovative initiative allows Phemex to double its commitment to customers and expand its customer base as it enters another difficult year.

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