Phemex is a Singapore based crypto exchange that does not work in the US due to regulatory and compliance measures. PureVPN enables you to access Phemex in the US while keeping your cryptocurrency transactions safe.
Phemex is not available in the US primarily due to regulatory restrictions imposed by U.S. financial authorities, such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Rather than pursuing the necessary licensing and compliance measures, Phemex has opted to restrict access for U.S. users as stated in their Legal Compliance section on Terms of Use page.
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Conduct crypto transactions privately and securely on Phemex!
Since Phemex is not available in the US, you will need to use a VPN to gain access. It helps you evade regional barriers by masking your actual IP address and allows you to trade securely on Phemex using the highest level of encryption. Simply choose a high-quality VPN, connect to a server in a country where Phemex is available, and enjoy unfettered access to the exchange!
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Internet Kill Switch
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DNS Leak Protection
Stop your crypto trading habits from getting exposed due to DNS leaks
Dedicated IP (Add-on)
Ensure secure, consistent access to your crypto platforms with a private IP
Residential Proxy (Add-on)
Trade with an extra layer of anonymity with a rotating residential IP address
Obfuscated Servers
Stay under the radar while trading crypto in countries with highly-restrictive policies
Split Tunneling
Prioritize your crypto trades while keeping your other online activities separate
Connect to a global server network to get around censorship and regional barriers.
Boost the security of your crypto transactions to stay safe against theft and hacking.
Speed up your trades with 20 Gbps connections and buy and sell crypto smoothly.
Mask your real IP address to add an extra layer of anonymity when trading crypto.
Easily access multiple crypto accounts on all your devices with 10 simultaneous logins.
Participate in Initial Coin Offerings (ICOs) or crypto projects limited to certain regions.
Phemex is not fully regulated in the US and operates in a limited capacity. While it is not explicitly banned, US residents may face legal risks when using the platform due to regulatory scrutiny.
Currently, Phemex does not support direct USD deposits. Users from the US can deposit cryptocurrencies or use third-party services that enable fiat-to-crypto transactions to fund their accounts.
No, Phemex is not available in New York. The platform does not serve residents of certain states like New York due to state-specific regulatory restrictions (e.g., BitLicense requirements).
Phemex does require KYC (Know Your Customer) verification for higher withdrawal limits and access to certain features, such as spot trading. Basic trading can still be done without completing KYC.
Phemex is not fully regulated in the US or other major jurisdictions like the EU. It operates globally but without the full oversight of financial regulators in these regions.
