Tried Phemex for a couple months for…
Tried Phemex for a couple months for perp trading. The interface is decent but that's about it. Had a withdrawal stuck for almost 48 hours and support just kept sending generic copy-paste replies, never actually addressed my issue. The liquidation engine is way too aggressive, got liquidated on a position that shouldn't have been anywhere near margin call. Funding rates are okay but not worth the stress. Moved most of my funds out after that experience.
