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Binance vs Phemex

Compare rates, fees, access, and key features side by side.

Binance

Binance

Binance is the largest cryptocurrency exchange globally, offering a robust platform with competitive maker and taker fees that vary based on the user&...

CIR score4.0
VS
Phemex

Phemex

Phemex is a crypto exchange offering exceptionally low fees and powerful tools for trading.Phemex EarnPhemex Earn is a crypto lending product from Phe...

CIR score4.3

General

Platform
Binancelogo
Phemexlogo
Founded
Binance2017
Phemex2019
Headquarters
BinanceAbu Dhabi, UAE
PhemexSingapore
Availability
BinanceWorldwide, excluding US
PhemexWorldwide, excluding US

Fees & Financial

Bonus
Binance
Phemex$20 bonus
Token
BinanceBNB
Phemex
Compounding
BinanceNo
PhemexNo
Payouts
BinanceDaily
Phemex
Fees
Binance
Phemex
Lockup
BinanceFlexible
Phemex
Maker Fee
Binance
Phemex0.01
Taker Fee
Binance
Phemex0.06

Cryptocurrency Rates

BTC Rate
Binance
Phemex1%
BTC Max
Binance
Phemex3%
ETH Rate
Binance
Phemex1.5%
ETH Max
Binance
Phemex3%
Stablecoin Rate
Binance
Phemex2%

Binance

Review

Pros

  • World’s largest exchange
  • Wide variety of earn products

Cons

  • Not available in the US
  • Regulatory history has been complex

Phemex

Review

Pros

  • Flexible deposit terms

Cons

  • Rates lower than other exchanges