Phemex is one of the leading crypto exchanges that offer low trading fees, a bunch of trading features, and lets you trade in the spot and futures market. The platform is suitable for both newbie and professional traders. To get a quick jumpstart on your trading journey with Phemex, you can use the Phemex invitation code E7W4W2 to get an exciting sign-up bonus.

You can use the code while registering a new account on Phemex and it will let you stand a chance to win up to $8,800 in welcome bonus.

In case, you are not aware of how you can avail of the signup bonuses offered by Phemex, then here is everything you need to know:


What is a Phemex Invitation Code?

As a new Phemex user, you can use the Phemex Invitation Code E7W4W2 to get an exciting signup bonus. Upon using this code, you will stand a chance to win up to $8,800 in rewards. As well as there are several other rewards programs available on the exchange that allows you to win big.

As a new user, when you make your deposit of more than 500 USDT, you will stand a chance to receive up to 1,500 USDT. Along with that, when you complete your first spot or contract trading of more than 1000 USDT, you will stand a chance to receive up to 2,100 USDT.

phemex welcome rewards

Furthermore, you can receive up to 1,200 USDT when you complete your advanced identity verification. As well as, if your trading volume exceeds 800,000 USDT on the spot or 8,000,000 USDT on contracts then you will receive up to 4,000 USDT. 

However, there is a time limit of 30 days to avail of all these offers. So make sure to use the Phemex Invitation Code E7W4W2 to be eligible for the welcome bonus and try to complete the tasks as soon as you create your account.

What are the top Phemex Rewards Program?

phemex rewards

Apart from Phemex welcome bonuses, you can also participate in several other rewards programs and get exciting rewards from time to time.

You can access these rewards programs by going to Promotions > Rewards. Here are some basic rewards that you can avail yourself:

  • $5 copy trading voucher when you follow any trader for the first time.
  • 500 USDT for participating in mock trading and learning how to trade with zero risk.
  • $4.4 rewards for completing quizzes or basic crypto concepts.
  • $5 reward for using the Future martingale trading bots for the first time.
  • Avail of a 7-day VIP1 trial for accumulating a 100,000 trading volume with the Future Martingale Trading Bots.

Note: However, unlike the welcome bonus most of these tasks don’t have a time limit. 

How To Use Phemex Invitation Code E7W4W2?

Phemex is the leading cryptocurrency exchange that lets you trade spot and future contracts. It has a user-friendly interface and facilitates a smooth trading environment. To get started with the exchange, you can follow these steps:

Step 1: First, use this link to Visit the Phemex website and click on the Register button.

Step 2: Now enter your email and a password to create your account.

Step 3: Under Invitation code (Optional), make sure to add the following Phemex invitation code E7W4W2 to get your welcome bonus.

create phemex account

Step 4: Click on Create Account and follow the onscreen steps to complete the sign-up bonus.

Note: Make sure to complete your KYC to be eligible to get your sign-up bonuses. 

Benefits of Using a Phemex Invitation Code

Using the E7W4W2 Phemex invite code or using the exchange itself has several benefits. Here are some key reasons to look for:

First, Phemex has one of the lowest trading fees for contract trading. It only charges you a fee of 0.0180% as a maker and 0.0550% as a taker fee. Also, if you increase your trading volume, the maker/taker fee will be reduced further.

Secondly, Phemex offers you an exciting welcome bonus of up to $8,000. The platform rewards you for completing certain tasks as soon as you sign up, such as making your first deposit, conducting your first trade, or completing your KYC.

Phemex also offers you other rewards programs that you can participate in as you embark on your trading journey. All the ongoing and available rewards programs can be found under Programs > Rewards.

Using Phemex testnet, you can participate in mock trading or crypto simulation trading. This will help you gain experience and you will get to learn to trade risk-free. 

Finally, Phemex has a library of in-depth articles related to cryptocurrencies and crypto trading under Phemex Academy. As a newbie trader, you can go through these learning materials to get a deeper understanding of the crypto world and become a better trader. 

Phemex Welcome Bonus Terms and Conditions

Before you sign up, the welcome bonus is only meant for new users. If you are already using Phemex, then you will need to create a new account. As you cannot apply Phemex invite code to your existing account. However, as an existing Phemex user, you can still participate in the Phemex rewards program. Additionally, as a new user, you must complete Advanced KYC verification to avail of most rewards.

As long as the welcome bonuses are concerned, you will get various kinds of rewards that include trial funds, cashback vouchers, and more. To get any of the rewards, you will need to complete specific tasks such as depositing a minimum amount and meeting minimum trading volume and these tasks need to be completed within the first 30 days of account registration. After that, the welcome bonus will expire. 

You should also know that you are not permitted to withdraw your Phemex welcome bonus. As these rewards act as trail funds and cashback vouchers. Meaning, these funds are your complimentary funds that are meant for trading and not direct withdrawals. You can use the funds to get trading leverage while using Phemex.

However, whatever profits you make using the bonus funds for margin trading or opening positions you can withdraw it without any restrictions. 

Additionally, Users should also avoid using multiple accounts to register on the platform or participate in any malicious or spam activities in order to obtain trial funds. As this could lead to an account ban of all the related accounts.

Quick Look At The Top Phemex Features

  • Trading Options: With Phemex, you can trade multiple instruments, such as spot trading, margin trading, perpetual trading with up to 100x leverage, and copy trading.
  • Derivatives Trading: Phemex is known for being one of the strongest exchanges in the derivatives markets. It offers a wide range of trading pairs, such as BTCUSDT, SOLUSDT, BNBUSDT, MATICUSDT, and more.
  • Copy Trading: If you are not an experienced trader, you can use the copy trading feature to follow other successful traders and grow your crypto portfolio. Also, Phemex offers a $5 bonus when making your first copy trade.
  • High Performance: Phemex is backed by a fast trading engine with low latency and high order processing. Also, the exchange has a deep liquidity pool. So, executing your orders at your desired price won’t be an issue.
  • Security: Phemex also prioritizes security over anything. As a result, to secure your funds, it uses cold storage. Plus, it gives you several tools to safeguard your account, such as 2FA, withdrawal whitelist, device management, anti-phishing code, etc.

Frequently Asked Questions & Answers

Can I use multiple Phemex Invitation Codes when registering?

No, Phemex does not allow you to use multiple Phemex invite codes while registering. You can only use one invite code while registering. Also, avoid creating multiple accounts in order to use multiple invite codes. This can lead to a ban on all the related accounts. 

My Phemex Invitation Code isn’t working. What should I do?

There can be multiple reasons why your Phemex invitation code isn’t working. First, the code you are using might be incorrect or typed inaccurately. Second, the code has expired or is no longer active. To avoid all these issues, consider using the Phemex Invitation Code E7W4W2. This code is active and valid and allows you to get all the welcome bonuses. 

How long are Phemex Invitation Codes typically valid?

Usually, the Phemex invitation codes never expire. However, it depends on the nature of the code you are trying to use. If you are using any offer-related invite code, then there is a good chance that it is no longer valid. However, welcome bonus-related invite codes never expire, but in certain cases, they may be invalid to use. 


Using the Phemex Invitation Code E7W4W2, you can unlock a bunch of offers and stand a chance to win up to $8,800 in rewards. Just make sure to use the E7W4W2 code while signing up and then complete some basic tasks like depositing funds, conducting your first trade, or meeting the minimum trading volume, and Phemex will reward you. Also, you can find all your rewards by going to Promotions > Rewards Hub > My rewards. 

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