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MEXC vs Phemex

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

MEXC

MEXC

MEXC is a low-cost global exchange best suited to active traders who want broad spot and futures access. Its current zero-fee spot program and wide ma...

Score4.0
VS
Phemex

Phemex

Quick takePhemex offers Flexible Savings and a separate lending pool where supplied assets earn interest from borrowers. Flexible Savings can be redee...

Score4.3

Trading costs and documented exchange features

Spot fee estimates use CIR’s tracked maker/taker data. Funding, spread, slippage and withdrawal charges are additional. Simple buys and recurring orders may use different pricing.

Exchange trading fee examples and sourced product features
CompareMEXCPhemex
$25 spot taker orderNot verified$0.025
$100 spot taker orderNot verified$0.10
$500 spot taker orderNot verified$0.50
Fee scheduleNo verified spot schedulePhemex spot

“Not verified” means CIR has no current evidence for this comparison, not that the exchange lacks the feature.

Explore exchange rankings by use case →

General

Platform
MEXClogo
Phemexlogo
Founded
MEXC2018
Phemex2019
Headquarters
MEXCComoros
PhemexSingapore
Availability
MEXC170+ countries and regions
PhemexRestricted in the U.S., UK, Australia and other listed jurisdictions; Canadian restrictions include Ontario, Quebec, Alberta and Saskatchewan.

Fees & Financial

Bonus
MEXC10% fee discount
Phemex$20 bonus
Token
MEXCMX
Phemex
Compounding
MEXC--
PhemexNo
Payouts
MEXC
Phemex
Fees
MEXCVaries
Phemex
Lockup
MEXC
Phemex
Maker Fee
MEXC0.01
Phemex0.1
Taker Fee
MEXC0-0.04
Phemex0.1

Cryptocurrency Rates

BTC Rate
MEXC
Phemex1%
BTC Max
MEXC
Phemex3%
ETH Rate
MEXC
Phemex1.5%
ETH Max
MEXC
Phemex3%
Stablecoin Rate
MEXC8%
Phemex2%

MEXC

Review

Pros

Low maker and taker fees on spot trading.

Available across 170+ countries and regions.

Cons

Not available to users in the U.S., U.K., Canada, and several other major jurisdictions.

Custodial platform with no FDIC- or SIPC-style deposit insurance.

Phemex

Review

Pros

  • Flexible Savings permits redemption without a lockups
  • Auto-Transfer can allocate eligible idle balances automatically

Cons

  • KYC is required
  • Phemex does not serve U.S. customers