Phemex

On Creating A Cryptocurrency Trading Platform ($12B Trading Volume Per Day)

Jack Tao
Founder, Phemex
8
Founders
200
Employees
Phemex
from Singapore
started November 2021
8
Founders
200
Employees
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My name is Jack Tao, the CEO of Phemex. Previously, I was a veteran executive in traditional finance with over a decade worth of experience building high throughput, low latency, large-scale algorithmic trading platforms. Before co-founding Phemex, I held the position of MSET BXS Global Development VP at Morgan Stanley.

Phemex is the most reliable cryptocurrency and derivatives platform. We offer a variety of crypto spot markets and derivative contracts with up to 100x leverage. Our technology, security, and experience are unparalleled, evident by our impressive growth. With roughly only two years of operations, we’ve become a top ten global exchange with a peak trading volume of over 12 billion USD per day.

on-creating-a-cryptocurrency-trading-platform

What's your backstory and how did you get into entrepreneurship?

Traditional finance has many inefficiencies, unreasonable fees, and backdoor negotiations that deprive regular users...

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