On January 27, 2026, the cryptocurrency exchange Phemex announced the launch of its Elite Trader Recruitment Program, a new initiative designed to attract and support professional traders who utilize copy trading to share their strategies with a wider audience. The program aims to provide a structured pathway for traders to scale their operations on the Phemex platform without requiring significant personal capital.
The program offers participants several key incentives. Traders can use platform-issued trading bonuses instead of their own funds, earn performance-based rewards of up to 2,000 USDT per month, and benefit from a dual revenue model. This model combines up to 30% profit sharing from copiers with up to 30% commission rebates on copy trading volume. The framework is designed to incentivize sustained, high-quality performance and repeatable income generation over short-term gains.
The initiative is built on Phemex's existing copy trading infrastructure, which features smart execution controls, customizable copying parameters, and real-time performance data. It supports trading pairs denominated in both USDT and USDC. To encourage new users, the exchange is offering a risk-mitigation measure of 100% loss compensation for copiers during their first month. Elite traders will also receive VIP access, priority support, and enhanced visibility within Phemex's copy trading marketplace.
Federico Variola, CEO of Phemex, commented on the launch, stating, "The next stage of crypto trading is about turning skill into scalable trust. Copy trading allows strong strategies to be validated in real market conditions and shared globally. Our goal is to give professional traders the infrastructure, incentives, and protection needed to build long-term value — for themselves and for the users who follow them."
Founded in 2019, Phemex serves over 10 million traders worldwide with spot, derivatives, copy trading, and wealth management products.
