In January 2020, Phemex released their first version of the BTC puzzle with a 2 BTC prize. Now they are back with a second round with double the prize of the previous round.
The #PhemexChallenge (or #PXC) begins on Thursday, September 3, 2020, and will run until the end of the month. During this time, Phemex will be releasing numerous clues, puzzles, and conundrums every two days on their social media channels. Once you find a puzzle, solving it will reveal a unique answer. The combination of all correct answers will grant the winner access to a wallet containing their prize. Although it may be confusing at first, everything will eventually come together to reveal the final piece of the puzzle.
How does the Phemex BTC puzzle work?
So far, 6 puzzles have been released.
On September 3, Phemex released the first puzzle on Twitter, which is part of the Phemex Challenge 4BTC:
“When trading with leverage, think broadly.”
The puzzle can be about many things – risk, margin or market volatility. Or it could be hidden somewhere in their leverage trading page. Your job is to find it.
Two days later, on September 5, the second clue was posted on Facebook. This time, users were required to complete a few micro-tasks to participate. After completing all the tasks, you will receive or be redirected to this "thank you" note:
As a bonus for the participants, I believe I have solved the puzzle. A quick Google search revealed that all of the mysterious words and information contained in this image refer to "cotton". Without knowing the full context, it's unclear whether this is the final correct answer, but I'm confident that I'm at least on the right track.
As you can see, Phemex will release a clue, puzzle or puzzle every two days until the end of September. They can be released in any form and through any medium. For example, the third puzzle is included in their newsletter. But if you don't have a subscription, don't worry. You can still check it out in their archive.
The fourth puzzle they released was hidden in their second episode of "Phemex Crypto Talk", the fifth puzzle may be in their new YouTube video, and the sixth or latest puzzle was posted and pinned on their Telegram channel. Make sure to monitor Phemex's Twitter account frequently as they often release hints as to where puzzles are or are hidden.
Once the last puzzle is released, competitors will have one month to solve all puzzles and attempt to retrieve their winnings from a single BTC wallet. If no one succeeds, 1 BTC will be deducted from the wallet each month until the winnings are claimed or the BTC runs out.
prize
The total prize value of the Phemex Challenge is 4 BTC. 1 BTC will be awarded to the winner in the form of a trading bonus, and the other 3 BTC are currently stored in the following wallets:
395pH5TSR4i8jJGdyhnHR5qvMKznEQ2XxF
Once the puzzle is solved, the winner will have full access to the wallet and will be able to claim ownership of 3 BTC. As for the additional 1 BTC trading bonus, all you have to do is contact Phemex and the trading bonus will be deposited into your account.
Who is Phemex?
Founded in 2019, Phemex is the fastest cryptocurrency and derivatives exchange. The platform offers both contract and spot trading services and was one of the first exchanges to operate on a low-cost membership system and allow users to conduct spot trading with zero fees.
Phemex is also one of the few exchanges that offers non-cryptocurrency GOLD/USD contracts, and their perpetual contracts allow users to trade cryptocurrencies with up to 100x leverage.
Their mission is to make trading simple and risk management effective for everyone.
Despite being a new platform, Phemex has consistently set new standards in the trading industry, becoming a useful and trustworthy platform for both new and experienced traders.
To participate in the 4 BTC Phemex Challenge, make sure to follow them on all communication channels.
website:
https://phemex.com/
Facebook:
https://www.facebook.com/Phemex.official
Twitter:
https://twitter.com/phemex_official
Telegram:
https://t.me/Phemex_EN
LinkedIn:
https://www.linkedin.com/company/phemex
Youtube:
https://www.youtube.com/channel/UCtPeiP4cn2K19fH3y7o2tOg
Medium:
https://medium.com/@phemex.com
English 
Chinese (China) 
Chinese (Hong Kong) 