Phemex is a cryptocurrency exchange where you can trade cryptocurrencies.
There are over 140 USDT-margined contract trading pairs and up to 100x leverage.
The platform utilizes Web3 technologies like Soulbound tokens and DAO governance.
You can also earn free crypto by doing the “Learn & Earn” quizzes.
Sign up for Phemex using this link or use “J76LS5” as the invitation code to earn free 2,550 Phemex tokens.
In this guide, you’ll learn how to buy or transfer crypto on Phemex quiz answers for “Learn & Earn” to earn $1.00 in USDT.
How to Buy or Transfer Crypto on Phemex Quiz Answers
Credit Cards
Question: Does Phemex offer any options to purchase crypto with credit cards?
Answer: Yes
Question: On the Buy Crypto page, what cryptocurrency is set by default?
Answer: BTC
Question: Which one of the following payment channels is NOT supported by Phemex?
Answer: CoolCrypto
OTC/Bank Transfer – Activate Account
Question: What does OTC stand for?
Answer: Over-the-counter
Question: What does our OTC service allow you to do?
Answer: Purchase crypto with US Dollar bank/wire transfer
Question: Which header option must you hover over to find our OTC trading page?
Answer: Buy Crypto
Question: Can you use our OTC services without activating your account first?
Answer: No
Question: During the activation process, individuals must select the option labeled:
Answer: Individual
OTC/Bank Transfer – Deposit Money
Question: Once your OTC account is enabled, you will see a ___ ___ ___ on the OTC trading page.
Answer: USD Balance Module
Question: With your OTC trading account activated, the next step is to:
Answer: Deposit
Question: Look at the deposit instruction page below and type in the correct reference code that would need to be added to your transfer as a note. ___
Answer: NAEIQWH
Question: Once your deposit is successful, you will see your fiat balance on the:
Answer: OTC Trading Page
OTC/Bank Transfer – Purchase Crypto
Question: With your OTC account enabled and a fiat balance available, you’re ready to:
Answer: Purchase Some Crypto
Question: What is the minimum amount of USD worth of any crypto that you can buy?
Answer: $1
Question: Is it possible for the quoted exchange rate to refresh and change your order details?
Answer: Yes.
OTC/Bank Transfer – Transfer Existing Crypto
Question: If you wanted to transfer crypto to your Phemex wallet, which menu option do you need to hover your mouse over?
Answer: Transfer
Question: Under the Transfer drop-down menu, which option will help you transfer crypto to your Phemex Wallet?
Answer: Withdraw to my exchange wallet
Question: Will the Withdraw button be enabled if you have not entered an amount to withdraw?
Answer: NO
Question: Under what section can pending withdrawals be viewed?
Answer: History
