Phemex

Phemex

Centralized

Phemex review

Phemex, launched in November 2019, is a cryptocurrency exchange created by former Morgan Stanley executives, including CEO Jack Tao. Registered and based in Singapore, Phemex offers both spot and derivatives trading with a focus on speed and security. It's a platform designed to be user-friendly and reliable, making it a good choice for traders at any level.

Markets
581
Coins
352
Weekly visits
177 583
Fiat supported
-
Promo bonus
Get up to $50 welcome bonus
for new users

Phemex offers

EthereumETH Ethereum
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
XRPXRP XRP
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
ChainlinkLINK Chainlink
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
CardanoADA Cardano
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
TetherUSDT Tether
Est. APY
10%
Status
Available
Product type
Savings
Term
Flexible
Platform
BitcoinBTC Bitcoin
Est. APY
0.8%
Status
Available
Product type
Savings
Term
Flexible
Platform
USD CoinUSDC USD Coin
Est. APY
8%
Status
Available
Product type
Savings
Term
Flexible
Platform
PolkadotDOT Polkadot
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
SolanaSOL Solana
Est. APY
0.75%
Status
Available
Product type
Savings
Term
Flexible
Platform
FantomFTM Fantom
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
DecentralandMANA Decentraland
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
NEAR ProtocolNEAR NEAR Protocol
Est. APY
0.3%
Status
Available
Product type
Savings
Term
Flexible
Platform
AptosAPT Aptos
Est. APY
1%
Status
Available
Product type
Savings
Term
Flexible
Platform
EthereumETH Ethereum
Est. APY
0.35%
Status
Available
Product type
Savings
Term
7 days
Platform
XRPXRP XRP
Est. APY
0.4%
Status
Available
Product type
Savings
Term
7 days
Platform
ChainlinkLINK Chainlink
Est. APY
0.4%
Status
Available
Product type
Savings
Term
7 days
Platform
CardanoADA Cardano
Est. APY
0.4%
Status
Available
Product type
Savings
Term
7 days
Platform
TetherUSDT Tether
Est. APY
2%
Status
Available
Product type
Savings
Term
7 days
Platform
BitcoinBTC Bitcoin
Est. APY
1%
Status
Available
Product type
Savings
Term
7 days
Platform
USD CoinUSDC USD Coin
Est. APY
2%
Status
Available
Product type
Savings
Term
7 days
Platform
of 2

Crypto earn alerts on Phemex

Criffy gives you the perfect way to stay on top of Earn programs on crypto exchanges. For Phemex, you can easily track new earning opportunities, keep an eye on APY changes for specific offers, or get notified when you can start earning interest on a particular cryptocurrency. Creating an alert lets you stay informed about the best earning possibilities on Phemex!

Phemex crypto cards

At the moment, we don't have information on crypto cards from Phemex. However, you can explore and select the right crypto card from other providers. Our selection includes a variety of cards that offer different benefits and features, ensuring you find the best match for your needs. Whether you're looking for cashback, low fees, or specific perks, our comparison tools will guide you in making the right choice.

Phemex supported cryptocurrencies

Phemex offers an impressive lineup of 352 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 581 trading pairs available, you have a wealth of opportunities to explore and trade.

Phemex supported fiat

We don't have information yet about whether Phemex supports fiat currencies. If Phemex adds fiat support, we'll update this page automatically.

Phemex deposit and withdrawal methods

Phemex provides a range of deposit and withdrawal methods. You can easily deposit and withdraw cryptocurrencies like Bitcoin, Ethereum, and USDT. For those who prefer fiat, Phemex supports deposits through third-party payment providers, making it possible to buy crypto with your credit or debit card. The platform is designed to make these processes simple and secure, so managing your funds is always convenient.

Phemex Lending Protocol

The Phemex Lending Protocol lets you earn interest on your cryptocurrency holdings by lending out your assets. With competitive interest rates and a straightforward process, it's easy to get started, even if you're new to crypto lending. Phemex prioritizes security and transparency, so you can feel confident that your assets are safe. This service is designed to create more financial opportunities for you.

Phemex restricted countries

Phemex has a list of restricted countries where its services aren't available due to regulatory reasons. These countries include the United States, Québec (Canada), Singapore, North Korea, Iran, Syria, Sudan, and Cuba. It's always a good idea to check the latest list on the Phemex website, as regulations can change.

Is it possible to use leverage or margin trading on Phemex?

Yes, Phemex offers leverage or margin trading on its platform. You can trade with leverage up to 100x on cryptocurrencies like Bitcoin and Ethereum. This means you can amplify your potential returns by borrowing funds, but it's important to understand the increased risk involved. Phemex provides detailed guides and support to help you navigate leverage and margin trading responsibly.

Phemex Spot Trading

Phemex Spot Trading provides an easy and efficient way to trade a variety of cryptocurrencies. With a user-friendly interface, you can buy and sell assets like Bitcoin, Ethereum, and many altcoins. The platform offers real-time market data and advanced charting tools to help you make informed decisions. Phemex ensures secure and reliable transactions, making it a great choice for both beginners and experienced traders.

Phemex Earning Services

Phemex offers several earning services to help you grow your cryptocurrency holdings. With Phemex Earn, you can earn interest on your crypto assets through flexible and fixed-term deposits. The platform also provides staking options for various cryptocurrencies, allowing you to participate in network validation and earn rewards. With competitive interest rates and a user-friendly interface, Phemex Earning Services make it easy and secure to increase your digital asset wealth.

Phemex OTC Trading

Phemex offers an Over-the-Counter (OTC) Trading service for those looking to execute large cryptocurrency trades with minimal market impact. This service provides a private, secure, and efficient way to trade significant amounts of digital assets directly with a counterparty. With competitive pricing, personalized support, and faster transaction times, Phemex OTC Trading is ideal for institutional investors and high-net-worth individuals. This service ensures your large trades are executed smoothly and discreetly, avoiding the price slippage often seen on traditional exchanges.

Phemex Fees

Phemex offers a competitive fee structure. For spot trading, you'll pay a 0.1% fee for both makers and takers. For contract trading, makers receive a -0.025% rebate, and takers pay a 0.075% fee. Since Phemex may update its fees, it's a good idea to check the latest details on the Phemex website.

Crypto exchanges similar to Phemex

Check out other popular crypto exchanges with similar number of visits

Our website provides aggregated financial content and news for informational purposes only. We’re not a substitute for professional advice or independent verification. Always seek independent financial advice or do your own research before relying on any information here for investment decisions. Criffy does not solicit, recommend, endorse, or offer any securities or financial instruments. We may earn commissions from some links, but this does not affect our reviews and comparisons. We strive to keep everything fair and balanced to help you make informed decisions.