I have been using Phemex since 2020
I have been using Phemex since mid-2020, and have found it to comparable to other trading apps such as Bybit and BingX. It's easy to use and has an easy, familiar interface that allows me to set trades, stop-losses and take-profits with just a few clicks. I routinely deposit and withdraw BTC and USDT with no problems, though the withdraw window is a bit irksome. I understand why they use a window, but that's potentially hours of not knowing for sure that I didn't mess something up. Not a huge fan of the Mark price and the confusion it sometimes causes, but that just forced me to be better at risk management. The Copy Trade function is actually really cool. I have used it a few times and made great gains, though I do wish lower-performing trade accounts were mixed in.