Phemex, recognized as one of the most efficient crypto exchanges, has launched a new initiative aimed at bolstering trader confidence amid a challenging market environment. The report highlights positive developments indicating that the Market Confidence Campaign, set to run from October 11 to October 31, 2025, offers a range of incentives designed to support both new and existing users.
Introduction of New Features by Phemex
The campaign comes at a critical time as the cryptocurrency market faces significant declines driven by macroeconomic uncertainties. To assist traders in navigating this volatility, Phemex is introducing several key features, including Zero-Fee Trading Slots, which allow users to trade without incurring fees during specified periods.
Additional Incentives for Traders
Additionally, the initiative offers:
- Deposit Cashback rewards, providing users with a percentage of their deposits back
- Referral Rewards to incentivize community engagement
CEO's Statement on Market Preparedness
CEO Federico Variola highlighted the necessity for traders to be well-prepared and have access to supportive tools during these turbulent times, reinforcing Phemex's commitment to fostering a resilient trading environment.
Phemex has launched its Market Confidence Campaign to support traders during the ongoing market downturn. This initiative, which runs from October 11 to October 31, 2025, aims to enhance the trading experience for users. For more details, read more.