Phemex Launches 24/7 TradFi Futures With Zero Fees

Phemex is shaking up the trading world with a new 24/7 futures platform that lets users trade stocks, metals, and more with zero fees for the first three months.

Key Takeaways

• Phemex has launched a new TradFi futures platform allowing 24/7 trading of traditional assets like stocks and precious metals.
• Users get zero trading fees for three months starting February 6, along with a $100,000 incentive pool and trade loss protection.
• Crypto and TradFi assets can be traded side-by-side under a single USDT-settled system with transparent maker-taker pricing.
• Copy trading and additional asset classes are coming soon as part of Phemex’s evolution into a global multi-market derivatives platform.

What Happened?

Phemex, a crypto exchange known for its user-first approach, has officially entered the traditional finance space with the launch of Phemex TradFi, a new 24/7 futures trading service. It allows users to access and trade traditional financial assets like stocks and precious metals, anytime, without being bound by conventional market hours.

The platform also kicked off a 0-Fee TradFi Futures Carnival, waiving all trading fees for the first three months, and offering a $100,000 incentive pool to reward structured participation.

Phemex Enters the TradFi Futures Game

Phemex TradFi is built for traders who want flexibility and simplicity across both crypto and traditional financial markets. With this launch, Phemex now offers:

• 24/7 trading access to traditional assets.
• Unified USDT-settled futures system covering both crypto and TradFi.
• First-trade protection offering reimbursement if a user’s first trade ends in a loss.
• Transparent maker-taker pricing, moving away from spread-based execution.
• Upcoming support for copy trading and phased rollout of new asset classes like commodities, foreign exchange, and global indices.

Phemex is aiming to modernize access to traditional finance by offering continuous price discovery and seamless strategy execution across asset types. Unlike spot trading or traditional futures that are limited to business hours, this platform operates nonstop.

Federico Variola, CEO of Phemex said:

A Unified Hub for Global Markets

By enabling both crypto and traditional futures trading in one place, Phemex simplifies the trading experience for users. Traders can now respond to real-time global events and manage risk with tools that work across all market types.

This launch also marks a strategic shift for the exchange, positioning Phemex as a broader multi-asset derivatives platform, not just a crypto-native one. The new offering integrates traditional markets into Phemex’s ecosystem without forcing users to switch platforms or learn new systems.

Phemex’s Long-Term Vision

Founded in 2019 and trusted by over 10 million users worldwide, Phemex has steadily expanded its trading tools, offering spot and derivatives trading, copy trading, and wealth management services. With TradFi futures now in play, the exchange is doubling down on a future where digital and traditional finance are fully integrated.

More asset classes are expected to roll out soon, with a strong focus on delivering a resilient, real-time trading infrastructure that meets the demands of modern global markets.

CoinLaw’s Takeaway

I really like what Phemex is doing here. In my experience, traders hate being boxed in by market hours or having to juggle multiple platforms just to execute one strategy. Phemex is solving both problems in one shot. Giving 24/7 access to stocks and metals while keeping fees at zero for three months is a smart move. And that first-trade protection? That shows they actually understand user psychology. I found the unified USDT settlement approach particularly thoughtful. It keeps things clean and simple. For anyone looking to manage both crypto and TradFi exposure in real time, this platform might just be a game changer.

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