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Exchange Run By Ex-Morgan Stanley Team Members Switches To Subscription Model

Ramsey Baker

Summary: Phemex, the crypto derivatives exchange run by Ex-Morgan Stanley Team, is changing its existing trading fee structure for a new subscription-based model. The Singapore-based exchange Announced that the new Premium subscription model would allow clients to trade as much as they like on the platform without incurring massive fees. This subscription option is open only to ...

Phemex, the crypto derivatives exchange run by Ex-Morgan Stanley Team, is changing its existing trading fee structure for a new subscription-based model.

The Singapore-based exchange Announced that the new Premium subscription model would allow clients to trade as much as they like on the platform without incurring massive fees. This subscription option is open only to manual traders, and can go for as low as $10 a month, which will be paid in the tether (USDT) stablecoin. Users will be able to switch to a subscription payment plan as soon as Friday.

By Ramsey Baker

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