Phemex provides multiple funding options for your futures trading accounts. Whether you're transferring from your spot wallet, futures account, or using the crypto converter, this guide covers all methods with step-by-step instructions.
Funding From Spot Wallet
- Log In: Ensure you're registered and logged into your Phemex account.
- Access Wallet: Click the circular profile icon in the top-right corner to view your account overview.
Transfer Funds:
- Navigate to your Spot Wallet.
- Select "Transfer" next to your desired cryptocurrency (e.g., BTC).
- Specify the amount and confirm the transfer to your futures account.
- Verification: Check the Futures Trading Page to confirm the successful transfer.
- Reverse Transfer: To move funds back to your spot wallet, use the "Transfer Out" option on the Futures Trading Page.
From Futures Trading Account
Initiate Transfer:
- Go to the Futures Trading Page.
- Click "Transfer In" next to your chosen currency (e.g., USDT).
Complete Transfer:
- Enter the amount and confirm the details.
- Verify the transfer on the Futures Trading Page.
- Revert Funds: Use "Transfer Out" to return funds to your spot wallet.
With Crypto Converter
- Access Converter: Click on the Crypto Converter tool.
Set Conversion Parameters:
- Select the cryptocurrencies and amounts for conversion.
- Ensure the "Direct to Futures Account" option is checked.
Confirm Conversion:
- Review the quotation (valid for 15 seconds).
- Click "Confirm" to finalize the conversion.
FAQs
How long does a transfer take?
Transfers between Phemex wallets are typically instant.
Are there fees for funding my futures account?
No, Phemex does not charge fees for internal transfers.
Can I use fiat currency to fund my futures account?
Currently, only cryptocurrency transfers are supported.
What if my conversion quotation expires?
Simply request a new quotation and confirm within 15 seconds.
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