Two-Year-Old Phemex Introduces SHIB, DYDX and FTM Spot Trading Pairs



Phemex, among the world’s most popular crypto trading and financial investment platforms has actually even more broadened its offering by noting 3 popular crypto properties. In its most current statement, the platform mentioned that area trading for Shiba Inu (SHIB), dYdX (DYDX) and Fantom (FTM) goes reside on Nov 26, 2021.

The trio, SHIB, DYDX and FTM have actually taken pleasure in financier attention for the majority of this year as they signed up appealing yearly gains. By presenting SHIB/USDT, DYDX/USDT and FTM/USDT area trading sets, Phemex has actually made these in-demand tokens more available to its faithful trading neighborhood.

A Brief Intro of these New Assets

Shiba Inu, predicted as the Dogecoin Killer is a popular meme coin that has actually been leading the dog-themed meme coin wave. The ERC-20 token has actually constructed a strong neighborhood following, with great deals of skilled and brand-new crypto financiers purchasing into SHIB as the job endeavors into brand-new areas. The SHIB community is presently supported by its own Shiba Swap DEX, and current statements specify that the job might quickly go into the NFT area.

The governance token of dYdX– a decentralized layer-2 exchange and continuous agreements trading platform– DYDX has actually just recently been showing a bullish outlook. Just a number of months old, DYDX tokens allow holders to take part in staking, liquidity swimming pools and governance of the dYdX community to make appealing benefits. DYDX token holders are qualified to make retroactive mining benefits, trading benefits based upon their trade volumes on the DEX and LP benefits. By holding DYDX, users can take pleasure in reduced trading costs on the exchange.

FTM on the other hand is the native token of Fantom procedure. Created for DeFi applications, Fantom is a DAG consensus-based clever agreements platform that uses a less expensive and more effective option to other extensively utilized blockchain networks in the DeFi area. Created by a group led by South Korean computer system researcherDr Ahn Byung Ik, Fantom fixes the problems of scalability and high deal costs, while keeping total decentralization.

Phemex Anniversary

The brand-new possession listings accompany Phemex’s 2nd-anniversary event Having began on Nov 25, 2019, the two-year-old platform has actually acquired over 2 million active users with more than $10 billion typical day-to-day trading volume in no time. To mark this turning point, Phemex has actually revealed the #Dr eamWith Phemex project where Phemex will select 10 fortunate winners and make their dreams come to life. To get involved, users need to send their dreams on the project website


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