Phemex

Phemex is a crypto trading platform known for its speed and robust security, offering a range of features for both retail and institutional investors. Founded by former Morgan Stanley executives in 2019, it provides derivatives trading, including perpetual contracts and futures, with a powerful engine capable of 300,000 TPS. Phemex emphasizes user security with a multi-signature cold wallet system and offers a tiered fee structure that rewards higher trading volumes. However, it is not available to US citizens due to regulatory restrictions.