Is Phemex KYC?
phemex.com ↗What this means
Government ID is part of the default onboarding flow for all users before core features unlock.
Exchange Notes
Account required. Unverified accounts have reduced withdrawal limits. Derivatives and spot trading. No Monero support.
Supported Coins
BTC, ETH, SOL, USDT, 200+
This exchange may require more verification
If you want a lower-friction option, review the suggested no-KYC alternatives or compare this exchange against another listing before proceeding. You can also use CypherGoat to scan rates across lower-verification swap providers.
Frequently Asked Questions
Is Phemex KYC?
Phemex is classified as Mandatory ID. Account required. Unverified accounts have reduced withdrawal limits. Derivatives and spot trading. No Monero support.
Does Phemex require identity verification?
Government ID is part of the default onboarding flow for all users before core features unlock.
What are Phemex's KYC requirements?
Phemex fits the Mandatory ID profile: government-issued identification is expected before core platform use.
Does Phemex support XMR (Monero)?
No, Phemex does not currently support Monero (XMR).