AbstractThe kinetic theory of plasma has been employed to compute the test‐charge potential distributions accounting for quantization effects in magnetized electron‐positron‐ion (EPI) plasmas. In this regard, the degenerate positrons and electrons are assumed to follow the Fermi‐Dirac distribution, while inertial ions are modelled by Maxwellian velocity distribution. By solving the Fourier‐transformed Vlasov–Poisson equations, a modified dielectric function and electrostatic potential is obtained. By imposing various constraints on the test‐charge speed, the potential profile has been analysed in terms of Debye–Hückel (DH), far‐field (FF), and wake‐field (WF) potentials. It has been found that the amplitude of DH and FF potentials increases by the inclusion of quantization effects, and it becomes the opposite for the WF potential profile. Furthermore, the variation of positron concentration significantly affects the DH, FF, and WF potentials. The present findings are important to understand the shielding phenomenon in degenerate multi‐species plasmas.