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Phemex Launches Market Confidence Campaign to Support Traders During Volatility

In an effort to combat the challenges presented by the current market downturn, Phemex, known as one of the most efficient cryptocurrency exchanges, has announced the roll-out of its Market Confidence Campaign. This initiative aims to bolster traders' confidence by offering practical incentives and support during this turbulent period characterized by significant fluctuations in cryptocurrency assets.

Running from October 11 to October 31, 2025, the campaign is targeted not just at new users but also existing ones, facilitating a disciplined approach to trading amid emotional market reactions. The recent volatility in cryptocurrency markets has raised concerns, with significant asset declines influenced by macroeconomic uncertainties, rising deleveraging pressures, and a pronounced decrease in risk appetites among investors. To address these issues, Phemex has put forth an array of resources designed to empower users towards responsible trading practices.

Incentives Offered During the Campaign

The Market Confidence Campaign includes several key incentives:
1. Zero Commission Slots: The exchange is offering a limited number of 5,000 slots to waiving commissions for eligible users during the campaign. This initiative is intended to make trading more accessible and cost-effective, allowing traders to focus on their strategies without the burden of transaction fees.
2. 20% Deposit Refund: New users can take advantage of a 20% cashback on deposits, capped at 200 USDT, with additional rewards for the first 1,000 participants eligible under specific deposit conditions. This measure incentivizes new users to engage more actively with the platform.
3. Referral Bonuses: Participants can earn up to 50 USDT for each valid referral, which encourages community engagement and helps to broaden the user base. This peer-to-peer promotion aligns with Phemex’s goal of creating a supportive trading community.

Federico Variola, the CEO of Phemex, emphasized, "Market downturns can be defining moments for disciplined traders. This campaign underscores our belief that true confidence stems from preparation and access, rather than speculation." He further stated that alongside the trading incentives, Phemex continually strives to equip its users with the knowledge and tools needed to navigate market challenges effectively.

Phemex’s Ongoing Commitment

The Market Confidence Campaign complements Phemex’s recent feature updates, including the Multi-Asset Mode, designed to grant users greater control over their capital. As market sentiment fluctuates, Phemex is steadfast in its mission to create a future where cryptocurrency trading remains accessible, efficient, and trust-driven.

Founded in 2019, Phemex continues to build trust in a sector where integrity is paramount. With a global user base exceeding 6 million, the platform stands out for its dedication to user experience and transparency while offering spot and derivative trading, copy trading, and wealth management products—all seamlessly integrated for an optimal trading experience.

For further details about the Market Confidence Campaign and Phemex's offerings, visit Phemex's official website.



Together, Phemex aims to cultivate a resilient trading environment that empowers users to act strategically in both prosperous and unfavorable market conditions.