Phemex Launches $6 Million Festival for 6th Anniversary

Phemex, a leading crypto exchange, is celebrating its sixth anniversary with a month-long festival featuring $6 million in rewards. The campaign runs from November 19 to December 19, 2025, following a year of growth from 6 million to over 10 million users and a full rebrand.

This festival spans five different venues, each tailored to distinct trading behaviors. Rewards include Rolex watches, iPhone 17 Pro Max devices, and various trading rewards for participants. Features include zero-fee spot trading, futures competitions, and flexible earning products with competitive APYs. Fiat users enjoy zero-fee card deposits, and referral missions offer community bonuses.

CEO Federico Variola highlighted the campaign's alignment with user habits and its role in Phemex's broader strategic expansion. The campaign is the first of many initiatives aimed at enhancing user interaction and platform engagement.