Phemex, a leading cryptocurrency exchange, has launched its Market Confidence Campaign to support traders during the current market downturn. Announced on October 11, 2025, this global initiative aims to bolster user confidence amid recent declines in major crypto assets, influenced by macroeconomic uncertainty and a decrease in risk appetite.
The campaign, which runs until October 31, 2025, introduces several incentives aimed at both new and existing users. The goal is to encourage disciplined trading strategies rather than emotional reactions to the volatile market environment. This initiative reflects Phemex’s commitment to fostering a reliable trading experience through practical tools and transparent processes.
One of the key offerings of the campaign is Zero-Fee Trading Slots, with 5,000 limited spots available. This feature will cover trading fees for eligible users throughout the campaign period. Additionally, new users can benefit from 20% Deposit Cashback, providing up to 200 USDT in bonus rewards for those making qualifying deposits, limited to the first 1,000 participants.
The campaign also includes Referral Rewards, allowing users to earn up to 50 USDT for each valid referral, further promoting community engagement and broader access to the platform’s offerings.
“Market downturns can be defining moments for disciplined traders,” stated Federico Variola, CEO of Phemex. “This campaign embodies our belief that true confidence comes from preparation and access — not speculation. Alongside trading incentives, we remain focused on empowering users with knowledge and perspective, helping them navigate volatility with clarity and discipline.”
This initiative comes on the heels of recent product enhancements from Phemex, such as the Multi-Assets Mode, designed to provide users with greater control over their capital as market sentiment shifts. As the crypto landscape continues to evolve, Phemex aims to reinforce its mission of creating a trading environment that remains accessible, efficient, and grounded in trust.
Founded in 2019, Phemex has gained the trust of over 6 million traders worldwide. The platform offers a range of services, including spot and derivatives trading, copy trading, and wealth management products, all built around user experience and institutional-grade security. For more information about Phemex and its offerings, visit their website at [https://phemex.com/](https://phemex.com/).
