How to Login and Deposit on Phemex

Navigating the Phemex platform with confidence begins with mastering the login and deposit procedures. This guide provides a detailed walkthrough to ensure a seamless and secure experience when accessing your Phemex account and initiating deposits.
How to Login and Deposit on Phemex

How to Login Account on Phemex

How to Login your Phemex account

1. Click on the "Log In" button.
How to Login and Deposit on Phemex
2. Enter your Email and Password. Then click "Log In".How to Login and Deposit on Phemex3. Email verification will be sent to you. Check your Gmail’s box.How to Login and Deposit on Phemex4. Enter a 6-digit code.How to Login and Deposit on Phemex
5. You can view the homepage interface and start enjoying your cryptocurrency journey right away.
How to Login and Deposit on Phemex

How to Login on the Phemex app

1. Visit the Phemex app and click "Log in".
How to Login and Deposit on Phemex
2. Enter your Email and Password. Then click "Log in".

How to Login and Deposit on Phemex
3. You can view the homepage interface and start enjoying your cryptocurrency journey right away.
How to Login and Deposit on Phemex

How to Login to Phemex with your Google account

1. Click on the "Log In" button.

How to Login and Deposit on Phemex

2. Choose the "Google" button.
How to Login and Deposit on Phemex
3. Enter your Email or phone and click "Next".
How to Login and Deposit on Phemex
4. Then enter your password and choose "Next".
How to Login and Deposit on Phemex
5. After all, you may see this interface and successfully log in to Phemex with your Google account.
How to Login and Deposit on Phemex

How to connect MetaMask to Phemex

Open your web browser and navigate to Phemex Exchange to access the Phemex website.

1. On the page, click the [Log In] button in the upper right corner.
How to Login and Deposit on Phemex
2. Choose MetaMask.
How to Login and Deposit on Phemex
3. Click "Next" on the connecting interface that appears.
How to Login and Deposit on Phemex
4. You’ll be prompted to link your MetaMask account to Phemex. Press "Connect" to verify.
How to Login and Deposit on Phemex
5. There will be a Signature request, and you need to confirm by clicking "Sign".
How to Login and Deposit on Phemex
6. Following that, if you see this homepage interface, MetaMask and Phemex have successfully connected.
How to Login and Deposit on Phemex

I forgot my password from the Phemex account

You can use the Phemex app or website to reset your account password. Please be aware that withdrawals from your account will be blocked for a full day following a password reset due to security concerns.
 

1. Go to the Phemex app and click [Log in].

How to Login and Deposit on Phemex

2. On the login page, click [Reset Password].

How to Login and Deposit on Phemex

3. Enter your Email and click [Next].

How to Login and Deposit on Phemex

4. Enter the verification code you received in your email, and click [Confirm] to continue.

How to Login and Deposit on Phemex

5. Enter your new password and click [Confirm].

How to Login and Deposit on Phemex

6. Your password has been reset successfully. Please use the new password to log in to your account.
 

Note: When using the website, follow the same steps as with the app.

Frequently Asked Questions (FAQ)

What is Two-Factor Authentication?

Two-Factor Authentication (2FA) is an additional security layer to email verification and your account password. With 2FA enabled, you will have to provide the 2FA code when performing certain actions on the Phemex NFT platform.

How does TOTP work?

Phemex NFT uses a Time-based One-time Password (TOTP) for Two-Factor Authentication, which involves generating a temporary, unique one-time 6-digit code that is only valid for 30 seconds. You will need to enter this code to perform actions that affect your assets or personal information on the platform.

Please keep in mind that the code should consist of numbers only.

Which actions are secured by 2FA?

After 2FA has been enabled, the following actions performed on the Phemex NFT platform will require users to enter the 2FA code:

  • List NFT (2FA can be turned off optionally)
  • Accept Bids Offers (2FA can be turned off optionally)
  • Enable 2FA
  • Request Payout
  • Login
  • Reset Password
  • Withdraw NFT

Please note that withdrawing NFTs requires a mandatory 2FA setup. Upon enabling 2FA, users will face a 24-hour withdrawal lock for all of the NFTs in their accounts.

How to Deposit on Phemex

How to Buy Crypto with Credit/Debit Card on Phemex?

Buy Crypto with Credit/Debit Card (Web)

1. On the home page, click on Buy Crypto, and then choose Credit/Debit Card.
How to Login and Deposit on Phemex
A variety of fiat currencies can be used to purchase cryptocurrency here. The amount of cryptocurrency you can receive will be displayed automatically by the system once you enter the desired amount to be spent in fiat. Click "Buy".

Notes:

  • The success rate of debit cards is higher.
  • Be aware that your credit card may be subject to Cash Advance Fees from certain banks.
  • The minimum and maximum amounts for each transaction are $100 and $5,000, respectively, and the daily cumulative transaction amount is less than $10,000.


How to Login and Deposit on Phemex
2. In order to ensure security, if you haven’t already bound a card, you must first enter the card details. Select "Confirm".
How to Login and Deposit on Phemex
3. Type in your Credit/Debit card information and billing address. Select "Confirm" and "Bind Card".
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
4. Enter your password and click "Continue".
How to Login and Deposit on Phemex
Note: To validate the card, you might be asked to enter a 3D Secure code.

5. As soon as binding is finished, you can purchase cryptocurrency!
How to Login and Deposit on Phemex
6. Return to the Buy Crypto home page, input the desired amount to be sent or spent, and then click "Buy".
How to Login and Deposit on Phemex

7. Verify the purchase. You can "Add new card" or use any existing one you have to make a payment. Next, select "Confirm".

To bind, you will need to enter card details if you decide to "Add new card" in order to purchase cryptocurrency.
How to Login and Deposit on PhemexHow to Login and Deposit on Phemex
8. The cryptocurrency amount will be transferred to your spot account. To view your assets, click View Assets.
How to Login and Deposit on Phemex
9. To view your order history, go to the upper right-hand corner and click Orders.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
10
. You can view card information and unbind by clicking Payment card in the upper right-hand corner.
How to Login and Deposit on Phemex

How to Login and Deposit on Phemex

Buy Crypto with Credit/Debit Card (App)

Here’s how to purchase cryptocurrency using a Credit or Debit Card, step-by-step:
  • Make sure you are signed into your Phemex account or registered.
  • Click "Buy Crypto" on the main page.
NOTE: The completion of KYC Identity Verification is mandatory for purchases via Credit/Debit Card.
How to Login and Deposit on Phemex
1. A variety of fiat currencies can be used to purchase cryptocurrency here. The amount of cryptocurrency you can receive will be displayed automatically by the system once you enter the desired amount to be spent in fiat. Click "Buy".

Note:
  • The success rate of debit cards is higher.
  • Be aware that your credit card may be subject to Cash Advance Fees from certain banks.
  • The minimum and maximum amounts for each transaction are $100 and $5,000, respectively, and the daily cumulative transaction amount is less than $10,000.
How to Login and Deposit on Phemex

2. Click "Continue" after selecting [Credit/Debit Card] as your payment method. In order to ensure security, if you haven’t already bound a card, you’ll need to input card information first.
How to Login and Deposit on Phemex
3. Type in your Credit/Debit Card information and Billing Address. Select "Bind Card".
How to Login and Deposit on Phemex

4. After a card is successfully binded, you can use it to purchase cryptocurrency. Return to the Buy Crypto homepage and input the desired amount to be received or spent. Select "Buy". Select a bound card, tap "Continue" to verify order details, and then click "Confirm".
How to Login and Deposit on Phemex
Your spot wallet will receive the cryptocurrency amount. To view your balance, click "View Assets".

5. To view your order history, click on “Orders” in the upper right-hand corner.
How to Login and Deposit on Phemex

6. You can view card information and unbind or set the default card by clicking on "Payment cards" in the upper right-hand corner.
How to Login and Deposit on Phemex

How to Buy Crypto on Phemex P2P

Buy Crypto on Phemex P2P (Web)

1. On the homepage, click on Buy Crypto, and then choose [P2P Trading].

How to Login and Deposit on Phemex
2. Click P2P Trading and choose [Buy USDT]. Then you may choose the crypto and the quantity, as well as your Payment method.
How to Login and Deposit on Phemex
3. This is where you input the desired payment amount in your currency, and the amount of cryptocurrency you will receive will be displayed. Click "Buy USDT".
How to Login and Deposit on Phemex
4. Review your Order information and complete the payment. Then, click "Transferred, Notify Seller".
How to Login and Deposit on Phemex
5. Click [Confirm] to confirm the payment.
How to Login and Deposit on Phemex
6. Now, you need to wait for crypto to be released.
How to Login and Deposit on Phemex
7. After all, you may see the announcement about "Transaction complete".
How to Login and Deposit on Phemex
Note:
  • In the case of either the seller not releasing crypto or the user not transferring the fiat, the order for the cryptocurrency can be canceled. 
  • In the case of the Order expiring as it failed to be processed within the payment time, users can tap on [Open an Appeal] to open a dispute. The two parties (seller and buyer) will then be able to initiate a chat with each other to better understand the issue.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

Buy Crypto on Phemex P2P (App)

1. On the homepage, click Buy Crypto.

How to Login and Deposit on Phemex
2. Choose P2P.
How to Login and Deposit on Phemex

3. Press P2P and choose [Buy]. Then you may choose the crypto and the quantity, as well as your Payment method. Tap "Buy" the crypto that you want.
How to Login and Deposit on Phemex
4. Review the information and choose Payment method. Then, choose Buy USDT with 0 fees.
How to Login and Deposit on Phemex
5. Tap [Make payment] to confirm your transaction.
How to Login and Deposit on Phemex
6. Now, you need to transfer funds to the seller’s account. Then, select "Transferred, Notify Seller".
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
7. Choose "Confirm" to make sure that the payment has been made.
How to Login and Deposit on Phemex
8. Now, you need to wait for crypto to be released.
How to Login and Deposit on Phemex
9. After all, you may see the announcement about "Transaction complete".
How to Login and Deposit on Phemex
Note:
  • In the case of either the seller not releasing the crypto or the user not transferring the fiat, the order for the cryptocurrency can be canceled.
  • In the case of the Order expiring because it failed to be processed within the payment time, users can tap on Appeal to open a dispute. The two parties (seller and buyer) will then be able to initiate a chat with each other to better understand the issue.
How to Login and Deposit on Phemex

How to Buy Crypto with One-Click Buy/Sell

How to Buy Crypto with One-Click Buy/Sell (Web)

Here’s how to buy cryptocurrency with just one click, step-by-step:

1. Create an account or confirm that you are signed into your Phemex account.

2. Hover your cursor over "Buy Crypto" on the header menu and select "One-Click Buy/Sell".
How to Login and Deposit on Phemex
3. Enter the amount of fiat you wish to spend after selecting the preferred fiat currency and cryptocurrency type from the drop-down menu. After that, the fiat amount and currencies you have chosen will automatically fill in the "I will receive" field. When you’re ready, click the "Buy" button.
How to Login and Deposit on Phemex
Note: The supported cryptocurrencies are USDT/BTC/ETH/USDC/BRZ, and the supported mainstream fiat currency types are also supported.

4. Choose your payment method. You have the option to use your own preferred method or the one that is suggested. Choose "Confirm".

Note: Depending on the best exchange rate available right now, Phemex will suggest a payment option for you. Please take note that our service partners provide the exchange rates.
How to Login and Deposit on Phemex
5. Once there is enough balance, check the order details by visiting the Confirm Order page. The cryptocurrency will be deposited into your Phemex Spot Account within an hour after you click "Confirm".
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
6. Choose from the list of service providers and verify the order details if you decide to purchase cryptocurrency through a third party. Note that the real-time quote is merely an estimate; for the precise exchange rate, visit the website of the service provider. After clicking "Confirm", a page from the service provider will appear, allowing you to select your preferred method of payment to purchase cryptocurrency. Keep in mind that the websites of the third-party providers require KYC.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
7
. Please select "Orders" in the top right corner to view your order history.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

How to Buy Crypto with One-Click Buy/Sell (App)

Here’s a detailed tutorial on One-Click Buy/Sell cryptocurrency sales:

1. Sign up or confirm that you are currently logged into your Phemex account.

2. Select "One-Click Buy/Sell" on the homepage.
How to Login and Deposit on Phemex
3. Enter the amount of fiat you wish to spend after selecting the preferred fiat currency and cryptocurrency type from the drop-down menu. After that, the fiat amount and currencies you have chosen will automatically fill in the "I will receive" field.When ready, tap on the "Buy" button.

Note: The supported cryptocurrencies are USDT/BTC/ETH/USDC/BRZ, and the supported mainstream fiat currency types are accepted.
How to Login and Deposit on Phemex
4. Choose your payment method. You have the option to use your own preferred method or the one that is suggested. If you decide to purchase cryptocurrency using Fiat Balance, you will need to click the "Fiat Deposit" button in order to finalize the account deposit when the balance becomes insufficient.

Note: Depending on the best exchange rate available right now, Phemex will suggest a payment option to you. Please take note that our service partners provide the exchange rates.
How to Login and Deposit on Phemex

5. Once there is enough balance, check the order details by visiting the Confirm Order page. The cryptocurrency will be deposited into your Phemex Spot Account within an hour after you click "Confirm".
How to Login and Deposit on Phemex
6. Choose from the list of service providers and then verify the order details if you decide to purchase cryptocurrency through a third party. Note that the real-time quote is merely an estimate; for the precise exchange rate, visit the website of the service provider. After clicking "Continue", a page from the service provider will appear, allowing you to select your preferred method of payment to purchase cryptocurrency. It should be noted that the websites of third-party providers require KYC.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
7. In the upper right corner, click Orders to view your order history.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

How to Deposit Crypto on Phemex

Deposit Crypto on Phemex (Web)

The act of "making a deposit" refers to transferring funds or assets from another platform into your Phemex account. Here is a step-by-step tutorial on how to make a deposit on the Phemex Web.

Log in to your Phemex Web, click "Deposit", and pull up the right sidebar to select the deposit method page. Phemex supports two types of cryptographic deposit methods: Onchain Deposit and Web3 Wallet Deposit.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

For Onchain Deposit:

1. First, click “Onchain Deposit” and select the coin and network that you would like to deposit.

  • Make sure you select the same network on the platform where you are withdrawing funds for this deposit.
  • For certain networks, such as BEP2 or EOS, you must fill in the tag or memo when making a transfer, or your address cannot be detected.
  • Please confirm the contract address carefully before proceeding. Click the Contract address to be redirected to the block explorer to view more details. The contract address of the asset you’re depositing must be the same as the one shown here, or your assets might be lost.

How to Login and Deposit on Phemex
2. You can select to deposit to Spot Account or Contract Account. Only USDT/BTC/ETH support deposits to contract accounts.
How to Login and Deposit on Phemex

3. To copy your deposit address and paste it into the address field of the platform you want to withdraw crypto from, click the copy icon.

As an alternative, you can import the address’s QR code into the platform you’re withdrawing from by clicking the QR code icon.

How to Login and Deposit on Phemex

4. It takes some time for the transaction to be confirmed after the withdrawal request has been approved. The blockchain and the volume of network traffic it is experiencing at the moment affect the confirmation time. The money will soon be credited to your Phemex Spot wallet after the transfer has been completed.

5. By selecting Assets and then Deposit, users can examine their deposit history, with the data displayed at the bottom of the page.

How to Login and Deposit on Phemex
 

For Web3 Wallet Deposit:

1. First, click “Web3 Wallet Deposit” and select the wallet that you would like to deposit.
How to Login and Deposit on PhemexHow to Login and Deposit on Phemex

2. Taking Metamask as an example: Click Metamask and complete wallet connection verification.
How to Login and Deposit on PhemexHow to Login and Deposit on Phemex

3. Select the coin and network, and enter the amount that you would like to deposit.

  • Make sure you also selected the same network from the wallet where you are withdrawing funds for this deposit.
  • Make sure that you have funds on hand for wallet selection.

How to Login and Deposit on Phemex4. Complete Wallet security verification after submitting the Deposit application, then wait for confirmation on the chain.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex5. You can check your deposit history or click on Assets then navigate to Deposit.
How to Login and Deposit on Phemex

Deposit Crypto on Phemex (App)

Here’s a detailed tutorial to Deposit Crypto.
  • Sign up or confirm that you are currently logged into your Phemex account.
  • Click "Deposit" on the homepage.
NOTE: KYC completion is required in order to Deposit crypto.
How to Login and Deposit on Phemex
1. Choose "Onchain Deposit".
How to Login and Deposit on Phemex
2. Choose the coin that you want to Deposit.
How to Login and Deposit on Phemex
3. After deciding which coin you want to use, choose the network where you want to make the deposit. On the platform where you are withdrawing the funds for this deposit, please confirm that you have chosen the same network.
How to Login and Deposit on Phemex
4. On Phemex, you can enter the withdrawal address in two different ways.

Copy Paste or Scan QR Code:

After selecting which to save from the QR code, paste it into the address space of the platform where you want to take out cryptocurrency. 
How to Login and Deposit on Phemex
Alternatively, you can just show the QR code and then import it to the platform when you’re withdrawing.
How to Login and Deposit on Phemex

Copy Paste Withdrawal Address    

After copying the withdrawal address, click the address field and paste it into the platform where you want to withdraw cryptocurrency.
How to Login and Deposit on Phemex
Note this, please:

i. Be sure the network you select initially supports Phemex as well as the platform.

ii. Verify that the platform has your assets before allowing users to deposit money.

iii. Click to copy or scan the platform’s QR code.

iv. You also need to copy the tag or memo when you choose a cryptocurrency, such as XRP, LUNc, EOS, etc., excluding the coin, network, and address.
How to Login and Deposit on Phemex
5. Please be patient, as the transaction may take some time to confirm after the withdrawal request has been approved. The blockchain and the volume of network traffic it is experiencing at the moment affect the confirmation time. The money will soon be credited to your Phemex spot wallet after the transfer has been completed.  By selecting Wallet and then Deposit, you can also view the history of your deposits. Next, to view, tap the icon located in the upper right corner.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

How to Deposit Fiat with Bank Transfer

How to Deposit Fiat with Bank Transfer (Web)

Legend Trading, a quick, safe, and properly licensed money services business (MSB), has partnered with Phemex. Legend Trading allows Phemex users to safely deposit GBP/CHF/EUR/JPY/CAD/AUD through bank transfers because it is a legally compliant vendor.

Here’s a detailed explanation of how to use a bank transfer to deposit fiat money:

  • Sign up or confirm that you are currently logged into your Phemex account.
  • Hover your cursor over "Buy Crypto" on the header menu, then select "Fiat Deposit".

NOTE: *KYC completion is required in order to make a fiat deposit. Even if the user has advanced KYC verification, Legend Trading may still require additional verification (questionnaires, surveys, etc.).
How to Login and Deposit on Phemex
1. Enter the amount of fiat you wish to deposit after selecting the preferred fiat currency from the drop-down menu.

2. Select a Payment Method. Use the Euro as an illustration. Funds can be transferred via wire transfer to Legend Trading. In most cases, funds arrive in 1-3 days. When you’re ready, click the Deposit button.
How to Login and Deposit on Phemex
3. Please complete KYC identity verification first if you haven’t already finished Phemex Basic Advanced KYC verification. Click "Confirm".

Note: You can also skip to the questionnaire to complete the page and ensure the security of your transaction. Please enter the actual details and submit.
How to Login and Deposit on Phemex

4. After clicking the Deposit button, if your KYC identity verification is accepted, you will be taken to a page that explains how to finish the deposit recharge. In order to make transfers using your mobile app or online banking, please follow the instructions.

When selecting a wire transfer:
  • Navigate to the Transfer menu after logging into your bank account, then start the transfer.
  • On the screen below, enter the relevant bank details.
  • A MUST In your wire message, mention the relevant Reference Code listed below. You can usually enter it in the fields marked "Additional information"," "Memo", or "Instructions". To match the deposit to your account, use this code. The deposit might be returned or delayed without it.
  • After you have finished transferring the funds, click the button that says, "YES, I JUST MADE A DEPOSIT".
How to Login and Deposit on Phemex
  • Please allow the funds to reach your Phemex fiat account after you make the transfer. Please be aware that the average delivery time for funds is one to three business days.
  • To see if you were successfully credited, go to your "Assets-Fiat Account".
Note:
  • To get immediate help if the deposit is delayed, please submit a ticket to Legend Trading.
  • After your deposited Fiat is credited into your Fiat Wallet, please complete the purchase of cryptocurrency within 30 days, per the request made by the regulations.
  • During the 31-day period, any unused Fiat balance will be automatically converted to USDT.
How to Login and Deposit on Phemex
5.
To view your order history, please click on Orders in the upper right-hand corner.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

How to Deposit Fiat with Bank Transfer (App)

Legend Trading, a quick, safe, and properly licensed money services business (MSB), has partnered with Phemex. Legend Trading allows Phemex users to safely deposit GBP/CHF/EUR/JPY/CAD/AUD through bank transfers because it is a legally compliant vendor.

Here’s a detailed explanation of how to use a bank transfer to deposit fiat money:

  • Sign up or confirm that you are currently logged into your Phemex account.
  • Hover your cursor over "Buy Crypto" on the header menu, then select "Fiat Deposit".

NOTE: *KYC completion is required in order to make a fiat deposit. Even if the user has advanced KYC verification, Legend Trading may still require additional verification (questionnaires, surveys, etc.).

How to Login and Deposit on Phemex
1. Enter the amount of fiat you wish to deposit after selecting the preferred fiat currency from the drop-down menu.

2. Select a Payment Method. Use the Euro as an illustration. Funds can be transferred via wire transfer to Legend Trading. In most cases, funds arrive in 1-3 days. When you’re ready, click the Deposit button.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

3. Please complete KYC identity verification first if you haven’t already finished Phemex Basic Advanced KYC verification. Choose "Continue".

Note: You can also skip to the questionnaire to complete the page and ensure the security of your transaction. Please enter the actual details and submit.
How to Login and Deposit on Phemex
4. After clicking the Deposit button, if your KYC identity verification is accepted, you will be taken to a page that explains how to finish the deposit recharge. In order to make transfers using your mobile app or online banking, please follow the instructions.

When selecting a wire transfer:
  • Navigate to the Transfer menu after logging into your bank account, then start the transfer.
  • On the screen below, enter the relevant bank details.
  • A MUST In your wire message, mention the relevant Reference Code listed below. You can usually enter it in the fields marked "Additional information"," "Memo", or "Instructions". To match the deposit to your account, use this code. The deposit might be returned or delayed without it.
  • After you have finished transferring the funds, click the button that says, "YES, I JUST MADE A DEPOSIT".
How to Login and Deposit on Phemex

How to Login and Deposit on Phemex
  • Please allow the funds to reach your Phemex fiat account after you make the transfer. Please be aware that the average delivery time for funds is one to three business days.
  • To see if you were successfully credited, go to your "Assets-Fiat Account". After the fiat account deposit is successful, you can use "My fiat balance" to use One-Click Buy/Sell to purchase cryptocurrency.
Note:
  • Kindly finish the cryptocurrency purchase within 30 days of your deposited fiat being credited to your Fiat Wallet, per the request made by the regulation.
  • Since your Fiat has been credited, any unused Fiat Balance will be automatically converted to USDT on the 31st day.
  • Please submit a ticket to Legend Trading if the deposit is delayed in order to receive direct
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex
5. To view your order history, please click on Orders in the upper right-hand corner.
How to Login and Deposit on Phemex
How to Login and Deposit on Phemex

Frequently Asked Questions (FAQ)

What is a tag/memo and why do I need to enter it when depositing crypto?

A tag or memo is a unique identifier assigned to each account for identifying a deposit and crediting the appropriate account. When depositing certain crypto, such as BNB, XEM, XLM, XRP, KAVA, ATOM, BAND, EOS, etc., you need to enter the respective tag or memo for it to be successfully credited.
 

How long does it take for my funds to arrive? What is the transaction fee?

After confirming your request on Phemex, it takes time for the transaction to be confirmed on the blockchain. The confirmation time varies depending on the blockchain and its current network traffic.

The funds will be credited to your Phemex account shortly after the network confirms the transaction.

Please note that if you enter the wrong deposit address or select an unsupported network, your funds will be lost. Always check carefully before you confirm the transaction.
 

Why Hasn’t My Deposit Been Credited

Transferring funds from an external platform to Phemex involves three steps:

  • Withdrawal from the external platform

  • Blockchain network confirmation

  • Phemex credits the funds to your account

An asset withdrawal marked as “completed” or “success” on the platform you’re withdrawing your crypto from means that the transaction was successfully broadcast to the blockchain network. However, it might still take some time for that particular transaction to be fully confirmed and credited to the platform you’re withdrawing your crypto to. The number of required “network confirmations” varies for different blockchains.