1. By participating in our Welcome Bonus promotion, you are hereby accepting all of our terms and conditions.
2. Welcome Bonuses can be used to open positions, to pay fees or to cover losses. Bonuses cover 50% of fees and losses prior to user's own capital. Bonuses cannot be withdrawn to wallets, or transfered between trading accounts.
3. Attempting to withdraw any part of your bonus will cause the entire bonus amount to be removed immediately.
4. You are not allowed to register with multiple email addresses to receive multiple Welcome Bonuses. Your account will be banned if any cheating is detected by our system.
5. If your account is banned due to multiple-account checks, please contact online customer support or email email@example.com. Phemex will refund your deposit.
Phemex reserves the right to modify this program's details at will.