Phemex Trading Bots
Built-in futures grid, futures DCA (martingale), spot grid and other bots on the Phemex exchange.
At least one documented security incident, regulator action (non-fraud) or unverified performance claim in the last 5 years.
Facts behind this result
- Caution Jan 23, 2025: Phemex reported a hacker attack on its hot wallets and suspended withdrawals; it said cold wallets were unaffected and all withdrawals were restored by Feb 2025. Rule Y1 Source ↗
Your money: Your funds sit on the operator’s own platform or exchange.
Rule-based, not an opinion or a rating of performance. How report cards work. Payouts never change a report card. Not investment advice.
Fact sheet
- Pricing
- Not verified yetSource: not verified yet
- Markets / exchanges
- PhemexSource: phemex.com/trading-bots
- How it touches your money
- Funds held on Phemex
- Code / license
- Proprietary
- Official site
- phemex.com
- Last checked
- Oct 15, 2026
Incidents & red flags
Jan 23, 2025: Phemex reported a hacker attack on its hot wallets and suspended withdrawals; it said cold wallets were unaffected and all withdrawals were restored by Feb 2025.
Source: phemex.com/announcements/phemex-hot-wallet-security-incident-update-anImpostor warnings
California’s DFPI has logged 1 scam report using a name like “Phemex Trading Bots” on a different website. These are not the real Phemex Trading Bots; they borrow the brand.
A Californian reports losing more than $65,000 through a crypto trading platform called “Phemex.cyou”. Someone named “Wendy” texted the victim, introducing herself as the friend of a mutual friend on Facebook. Wendy told the victim that she owned successful salons in Santa Monica and New York City and also made money through crypto trading. Wendy told the victim about her uncle, who she said was a successful…
Source: CA DFPI Crypto Scam TrackerCompare
Before you connect any bot
- Type the official address yourself (phemex.com). Don’t follow links from DMs, WhatsApp or Telegram groups. You can check a website for look-alike domains.
- If it uses exchange API keys, turn off withdrawal permission and restrict the key to the bot’s IP addresses if your exchange allows it.
- Start with an amount you can afford to lose and check the fees above against your trade size.
- Be suspicious of guaranteed or daily returns. They recur throughout the cases on our watchlist.