Phemex Trading Bot
The Tafabot for Phemex provides users with an all in one tool to enhance their trading on this cryptocurrency exchange. With Tafabot’s smart trade execution you can create your own automated trading strategies based on a range of advanced order types that are not offered by the exchange itself.
What Is Phemex?
Launched in 2019, Phemex is a Singapore-based cryptocurrency and derivatives trading platform led by former Morgan Stanley executives. Serving around 5 million active users in over 200 countries, Phemex supports 137+ contract trading pairs with up to 100x leverage and 238+ spot trading pairs, making it easy and efficient to trade and buy cryptocurrency. It was also the first major exchange to pioneer a premium membership model that offers a variety of rewards to its users.
What Is Tafabot ?
Tafabot enables traders to plan and execute smarter trades on Phemex exchange, using different bots options suitable for both bullish or bearish market. Our platform comes packed with options to make you a profitable trader on spot, futures and arbitrage. Using your Tafabot interface and your API key from Phemex you can develop a variety of algorithms for automated crypto trading strategies, including Dca, Grid, Smart invest, Martingale and arbitrage. You also have the ability to copy other traders on Phemex exchange.
What Are the Advantages of a Tafabot Phemex Trading Bot?
Our platform stands above our competitors as a result of its large number of automate tools and its
simple and intuitive layout.
While most algorithm development tools are either too complex for anyone but a computer programmer to use or too simple to be useful, Tafabot has perfected our interface so that it is the absolute best option on the market for users from all backgrounds and levels of experience.
What Are Phemex’s Trading Fees?
Phemex has a very simple flat trading fee of 0.075% per trade.
Are There Free Trials Available?
All our clients get a free trial just for signing up!
How Do I Download Tafabot Software?
Tafabot software is available on apple and android store.
How Do I Connect My Tafabot to Phemex Using an API?
There is a great step-by-step tutorial in our knowledge-base that walks you through the development of your Phemex API key and demonstrates how you use it with your Tafabot trading interface.
Are There Any Risks to Using a Tafabot Phemex Trading Bot?
No, Tafabot system does not add any risks or potential security breaches to your existing trading set-up
Phemex API keys do not read user security data, only your trading data.
Make sure that you turn off the funds withdrawal option when you generate an API key to ensure an added layer of security.