Phemex is one of the top 10 crypto derivatives exchanges in the world. As a fully registered Money Services Business (MSB) with a Money Transmitter license, we also have permits, and regulatory approval in multiple United States regions, Canada, Turkey, and Lithuania. We serve users across more than 200 countries. Contract Trade any of our 150 perpetual contracts with up to 100x leverage or Spot Trade a selection of 300+ crypto gems. Our top priority is to deliver financial freedom to users of all levels. Registering only takes a few minutes, and we offer multiple options to Buy Crypto, including a P2P service, Bank Transfers, and Card purchasing. Beginners can instantly trade like a professional with our One-Click Copy Trading Service, explore our Predictions Markets to profit from real-world events, and participate in Launchpads for early access to promising new crypto projects. Our more advanced users can benefit from our 8-tier VIP rewards and more. Trading with Phemex also means trading with peace of mind. Our team of veteran traders, analysts, and developers hailing from Morgan Stanley, McKinsey, and other successful crypto-native projects has invested millions into asset safety and security. We employ a Hierarchical Deterministic Cold Wallet System meaning that every user has a cold wallet isolated from online attacks. All withdrawal requests are also processed with offline signatures and a two-factor authentication system. Our superior trading engines employ zero-copy and lockless technologies to achieve the most low-latency environment. For you, this means a high-efficiency trading experience without the abrupt wicks commonly seen on other less efficient exchanges, which often interfere with your trading strategies. To demonstrate our commitment to transparency and asset safety, Phemex now offers Merkle-tree proof-of-reserves (PoR). All users can independently verify all of their balances against our public cold wallet reserves at any time.