thecryptobasic.com
Singapore-based Top Derivatives Global Crypto Exchange, Phemex, adds support for Floki Inu (FLOKI).
Phemex has added three new USDT-margined linear contract trading pairs to its platform. The new trading pairs are FLOKI, Conflux (CFX), and Stacks (STX).
Phemex is listing #FLOKI, #CFX, and #STX as new linear contract trading pairs that are all USDT-margined on February 21, 2023
Trade now🔽 🔽 https://t.co/t2GaZ4WKKa#blockchain #crypto #cryptocurrency— Phemex (@Phemex_official) February 21, 2023
As per the announcement, these trading pairs will support hedge mode, allowing traders to hold long and short positions simultaneously.
Phemex is a centralized cryptocurrency derivatives trading exchange offering spot, contract, and margin trading with an order response time of less than 1 millisecond and the ability to handle up to 300,000 transactions per second. Phemex has a large user base of over 5 million active users across more than 200 countries and is currently ranked as the 43rd largest cryptocurrency exchange in terms of daily trading volume, according to Coin Market Cap.
Recently, Floki Inu secured its first listing on a Turkish exchange, Bitexen. With this new listing, Floki may attract new investors from the Turkish market.
Floki Inu also made headlines for burning a staggering 5.1 trillion tokens in two transactions on February 9th.
In addition, Floki Inu was added to Metaverse, Gaming, and PlayToEarn categories on CoinMarketCap, one of the leading crypto tracking websites in the world.