Rakebk / Exchanges / Phemex

Phemex code

Open an account with the code below and you get back 35% of every trading fee you pay on Phemex, credited automatically in USDT.

Code
CVCTQ9

The link already carries the code. Type it in by hand only if you open the account some other way.

Open Phemex with this code
Market

This exchange trades both. Switch the toggle to see the other fee ladder and what the rebate is worth on it.

You get back
35%
Market
Derivatives
Entry taker fee
0.06%
Payout
Auto, usually 24h

What 35% is worth on Phemex

Your volume priced on the Phemex fee ladder, every order assumed taker, at the tier the volume reaches.

Monthly volume
Your tier
Fees you pay / month
Back / month
Back / year
$100,000
VIP 0 · 0.06%
-$60
$21
$252
$1,000,000
VIP 0 · 0.06%
-$600
$210
$2,520
$10,000,000
VIP 1 · 0.055%
-$5,500
$1,925
$23,100
$50,000,000
VIP 3 · 0.045%
-$22,500
$7,875
$94,500
$500,000,000
Star VIP · 0.03%
-$150,000
$52,500
$630,000

Hold the balance Phemex asks for, or trade maker, and you pay less than this and get back proportionally less. Ask us for an exact quote.

Phemex fee schedule

The published ladder the figures above are priced on.

Tier
From monthly volume
Maker
Taker
VIP 0
$0
0.01%
0.06%
VIP 1
$8,000,000
0.008%
0.055%
VIP 2
$18,000,000
0.006%
0.05%
VIP 3
$45,000,000
0.004%
0.045%
VIP 4
$85,000,000
0.002%
0.0375%
VIP 5
$180,000,000
0.001%
0.035%
Star VIP
$380,000,000
0%
0.03%

Phemex grants the same tier on assets or on vePT as well as on volume. These thresholds assume API trading stays under 20% of your volume; above that Phemex prices you on a separate Pro ladder, which is not modelled here.

How to claim the 35% on Phemex

01

Open the account with the code

Register on Phemex through the Rakebk link, or enter CVCTQ9 where the sign-up form asks for a code.

02

Trade as normal

Nothing changes. Same platform, same fees, same execution. You never pay Rakebk anything.

03

Get paid

Phemex credits your cashback automatically, usually within 24 hours, in USDT. No minimum, nothing to claim.

Phemex cashback questions

What is the Phemex code?

CVCTQ9. It is the Rakebk code on Phemex, and it pays back 35% of every trading fee you pay there.

Does the Phemex code cost me anything?

No. Phemex pays Rakebk for bringing you in, and you get 35% of your fees back. You trade on exactly the same terms as anyone else.

Can I add the code to an existing Phemex account?

No, Phemex tracks an account from the moment it is opened, so the code has to be on it at sign-up. You can just open a new account.

When does Phemex pay the cashback?

Automatically, usually within 24 hours, in USDT, straight to your Phemex account. Rakebk never touches your funds.

Compare with the other venues

A cheaper exchange leaves less fee to rebate, so the highest percentage is not always the most dollars back.

Compare Phemex with

Open the full comparison