Find another platform
Tried to purchase a couple thousand Dogecoin shares this morning at .49 cents a share. This app tried to execute the buy order at .55 cents a share. Really you’re trying to sell me a share 6 cents more on a 49 cent share market value. Get out of here! Don’t get scammed buy this MM, stay away deposit money elsewhere. I feel sorry for all the new investors. Think carefully and do your research before you make your deposits.
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Cannot keep up with big market changes
I’ve been using Phemex for a month and it works well as long asThere are not big moves in the market. When there are big moves in the market the app freezes, including on your computer. Which means you cannot exit a trade readily, because it says reconnecting with the server. I’ve lost profits, and also lost in a short position because of this freezing.
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Poor Interphase
If you looking for an easy interphase for trading then bybit is teh best. Phemex is difficult to navigate
Best Trading App Ever
Phemex is THE best place that you can trade and hold assets. You can deposit and withdraw USD and all types of crypto assets. ALL WITHOUT ENTERING YOUR SSN OR TAXPAYER ID. If you want a secure easy to use platform this is for you. This is a great place to trade crypto and it has a great mobile platform. Selling is easy and the spot prices are exact. The simplicity of this service and the versatility and ability of this app make it priceless.
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Response from developer
We appreciate your support to us and it's our sole motivation to keep it rolling!
Easy to use
I’ve only just downloaded the app to try after registering with the platform. It all looks pretty easy to use but would be even better if it had a calculator in the app too.
Shady like Coinbase
The app works fine when you’re not in a trade. Everything runs smoothly. No connection problems. It’s funny how there’s only problems when I am in a trade. If I’m either in a long or short position, the app has connection issues or it freezes. At first I thought maybe it’s because I’m not in WiFi or because I’m somewhere else. Then I started trading in one location. In my living room on the same spot on the couch next to the WiFi router. I’ve tried it with the WiFi off and just go off my phones data and I get the same results. This reminds me of the Coinbase scandal when bitcoin is pushing on a rally or dropping off a cliff, Coinbase all the sudden shuts down. Not allowing traders to close or open a position. The same with this app, when I’m on a short and the price drops, the price on the charts freeze and stay the same. So I’m thinking the price hasn’t changed. But in reality the price is dropping and not allowing the user to see the actual price. And vice versa when you’re in a long position. Price is $40 above what the chart was saying. Timing is everything. The price can be at a certain number for a limited time and you could miss it because the app freezes. It’s just shady. I’m moving my crypto to another exchange. This is garbage.
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One of the best crypto exchange apps
I started trading at Phemex in March and their APP definitely saved my time from my laptop. The UI is quite simple but user friendly, basic functions are ready but some are missing compared to the web version. In general, it’s one of the best crypto exchange apps I’ve ever used. Worth downloading.
Response from developer
Thanks for your comment, we are making every effort to optimize the UI.
