Phemex aims to execute trades in less than a millisecond for both its retail and institutional investors.
Billing itself as “the most trustworthy cryptocurrency derivatives trading platform”, Phemex offers Bitcoin, Ethereum, Ripple, Litecoin, and EOS. It plans to support traditional financial products like stock indexes, interest rates, forex, commodities, and energy.
The firm is also offering a proprietary cold wallet system, which can assign an independent deposit address to each of its users.