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Phemex vs BitMEX: Comparing Fees, Security etc !?

Written by Charles

Written by:

Charles

Hi, I'm Charles Johns, a Finance graduate with a specialization in Financial Management from the University of Chicago. My journey through financial markets has fueled a passion for both traditional and digital assets, where I continuously explore evolving investment opportunities. As an active trader and cryptocurrency enthusiast, I strive to bridge the gap between complex financial concepts and practical, real-world applications. My goal is to empower everyone, whether seasoned investors or newcomers, with valuable insights and knowledge to confidently navigate the world of finance and crypto investing.

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This article has been reviewed by crypto market experts at SCM to ensure all the content, sources, and claims adhere to the highest standards of accuracy and reliability.

Last Updated on January 25, 2025

  • Phemex is newer and specializes in derivatives trading, featuring over 40 cryptocurrencies and offering an intuitive mobile app.

    BitMEX, established in 2014, is renowned for its high leverage and intense focus on Bitcoin trading, catering to a more experienced user base.

    Both platforms provide 24/7 customer support and charge standard network fees for withdrawals.

    Our 2025's Recommendation

    • Best NO KYC Exchange For Trading

    • Upto 100x Leverage for BTC

    • Provides BTC and USD settling

    • Taker:0.075% Maker:-0.025%

    Feature Phemex BitMEX
    Founded 2019 by ex-Morgan Stanley executives 2014 by HDR Global Trading Limited
    Supported Coins 40+ cryptocurrencies Primarily Bitcoin, several altcoins
    Leverage Up to 100x Up to 100x
    Trading Fees Market Maker: -0.025%, Taker: 0.075% Market Maker: -0.025%, Taker: 0.075%
    Withdrawal Fees Standard network fees Standard network fees
    Deposit Methods Crypto deposits, fiat via credit card approx. Crypto deposits only
    Mobile App Yes, user-friendly Yes, functional
    Trading Volume High Very high
    Trading Products Spot trading, derivatives Derivatives, perpetual contracts
    User Interface Easy to navigate Professional might seem complex
    Customer Support 24/7 support available 24/7 support available
    Sign-up Bonus Claim Your $8800 Deposit Bonus

    Phemex Vs BitMEX: Products And Services

    When examining Phemex and BitMEX, you’ll find that both platforms offer a range of trading products tailored to different traders.

    Futures Trading: Phemex and BitMEX provide robust futures trading options, allowing you to trade with leverage. BitMEX is notably known for its perpetual contracts, offering continuous trading without expiration. Phemex, on the other hand, includes futures and perpetual contracts, providing flexibility for various trading strategies.

    Spot Trading: Phemex stands out with its spot trading feature, allowing you to buy and sell cryptocurrencies directly. Moreover, Phemex offers zero-fee spot trading to its premium members, a unique advantage that could benefit frequent traders. BitMEX, however, does not support spot trading, making Phemex more advantageous if you prefer direct cryptocurrency transactions.

    Options Trading: BitMEX provides options trading, which is beneficial for those looking to hedge or speculate on future price movements of cryptocurrencies. Phemex does not offer options trading, positioning BitMEX as the better choice for this service.

    Leveraged Tokens: Phemex offers leveraged tokens, enabling you to take on leveraged positions without the complexities of managing margin or liquidation levels. BitMEX does not provide leveraged tokens, so if you’re looking for more straightforward leveraged trading options, Phemex may be preferable.

    User Experience: Phemex has a modern, intuitive, and user-friendly platform. BitMEX, despite being a pioneer in the field, has an outdated interface and reported performance issues. Phemex also offers live chat support, adding a layer of convenience for real-time assistance.

    Feature Phemex BitMEX
    Futures Trading Yes Yes
    Spot Trading Yes (with zero fee for premium) No
    Options Trading No Yes
    Leveraged Tokens Yes No
    User Experience Modern, User-friendly Outdated Performance issues

    By comparing these products and services, you can choose the platform that best suits your trading needs: futures trading, spot trading, or a better user experience.

     

    Phemex Vs. BitMEX: Contract Types

    Phemex and BitMEX offer various types of contracts for cryptocurrency trading, catering to different trading preferences and strategies.

    Inverse Perpetual Contracts:

    • BitMEX: Uses Bitcoin as collateral. These contracts allow you to trade without an expiry date, keeping positions open indefinitely.
    • Phemex also offers inverse perpetual contracts, mainly using Bitcoin as the underlying asset, providing high liquidity and leverage.

    Linear Perpetual Contracts:

    • Phemex: Different from inverse contracts by using stablecoins, primarily USDT, as collateral. This reduces the risk of collateral value fluctuations.
    • BitMEX: Does not currently support linear perpetual contracts.

    Inverse Futures Contracts:

    • BitMEX: These contracts have a set expiry date and use Bitcoin as collateral. They are ideal for traders speculating on medium to long-term price movements.
    • Phemex also offers inverse futures, appealing to traders with similar interests.

    COIN-M Futures:

    • BitMEX: Allows you to use cryptocurrencies (like Bitcoin) as collateral for futures trading across various coins.
    • Phemex: It doesn’t mention COIN-M futures, but their inverse perpetual and futures contracts serve a similar function.

    USD-M Futures:

    • Phemex: Uses stablecoins (like USDT) for collateral, minimizing the risk of value fluctuations and providing more predictable trading conditions.
    • BitMEX: Generally sticks to Bitcoin or other cryptocurrency collateral for futures contracts.

    Options:

    • BitMEX Does not currently offer options trading. Focuses on perpetual and futures contracts.
    • Phemex: Also does not offer options trading, keeping its focus on derivatives like perpetual and futures contracts.

    Both platforms provide robust options tailored to different trading needs.

    Phemex Vs. BitMEX: Supported Cryptocurrencies

    When comparing Phemex and BitMEX, understanding the range of supported cryptocurrencies is essential for making an informed choice.

    Phemex offers a broad selection of cryptocurrencies, making it suitable if you value variety in your trading options.

    phemex supported coins

    Some popular pairs include BTC/USDT, ETH/USDT, and XRP/USDT. It’s favored for its user-friendly deposit options and an intuitive platform that supports a wide range of digital assets.

    In contrast, BitMEX focuses primarily on Bitcoin and supports fewer cryptocurrencies.

    choose trading pair bitmex

    Despite the limited variety, it specializes in high-leverage trading, particularly for BTC/USD contracts.

    BitMEX is reputable for its robustness and liquidity, and it is beautiful if you concentrate on Bitcoin trading with significant leverage.

    Platform Cryptocurrency Example Focus Popular Trading Pairs
    Phemex BTC, ETH, XRP Variety BTC/USDT, ETH/USDT, XRP/USDT
    BitMEX BTC Bitcoin BTC/USD

    Key Points

    • Phemex: Broad range, user-friendly.
    • BitMEX: Bitcoin-focused, high leverage.

     

    Phemex Vs BitMEX: Leverage And Margin Trading

    Phemex and BitMEX offer robust leverage and margin trading options, enabling you to amplify your trading positions and potential returns.

    Maximum Leverage:

    Margin Requirements:

    • Phemex: Flexible margin requirements based on your chosen leverage.
    • BitMEX: Employs Initial and Maintenance Margin requirements that vary based on leverage.

    Liquidation Risks:
    Using high leverage can increase the risk of liquidation. Your position will be liquidated on Phemex and BitMEX if it falls below the maintenance margin level.

    Funding Rates:

    • Phemex: Periodic funding rates that depend on market conditions. These rates are typically paid every 8 hours.
    • BitMEX: Also has funding rates updated every 8 hours, varying according to market demands.

    Both Phemex and BitMEX provide powerful tools for experienced traders, but it’s crucial to understand the risks associated with high leverage and margin trading.

    Monitor your positions closely to avoid unexpected liquidations due to market volatility.

     

    Phemex Vs. BitMEX: Trading Volume

    When evaluating trading platforms, trading volume is a crucial metric. It reflects liquidity, trading efficiency, and the potential for slippage.

    BitMEX has a notable position in the market, with a 24-hour derivatives trading volume reaching USD 981 million.

    This places BitMEX as the 12th highest in the world for derivatives trading volume, indicating a highly liquid environment suitable for executing large trades with minimal slippage.

    On the other hand, Phemex also demonstrates a substantial trading volume. In the same 24-hour period, Phemex achieved a trading volume of USD 912 million.

    While slightly lower than BitMEX, Phemex offers a robust trading environment supporting efficient trade executions.

    Both platforms’ high trading volumes suggest that you can expect efficient order executions on either.

    However, BitMEX’s higher volume might offer a slight edge in liquidity, benefiting those who trade more prominent positions or require rapid execution.

    Exchange 24-Hour Trading Volume (USD) Liquidity Ranking
    BitMEX 981 million 12th
    Phemex 912 million Not specified

    Given these volumes, BitMEX and Phemex provide environments catering to efficient and effective trading. The lower risk of slippage on these platforms ensures that your trades are more likely to be executed at your desired prices.

    Thus, whether you choose Phemex or BitMEX, the substantial trading volumes support a streamlined trading experience.

     

    Phemex Vs BitMEX: Futures Trading Fees And Rewards

    Phemex and BitMEX both follow a market maker-taker fee model for futures trading, making it essential to understand their fee structures to maximize profitability.

    bitmex fees

    Fee Structure

    Exchange Maker Fee Taker Fee Withdrawal Fee Deposit Fee
    Phemex -0.025% 0.075% Variable, depending on the network Free
    BitMEX -0.025% 0.075% 0.0004 BTC per withdrawal Free

    Example Calculation: If you trade $10,000 worth of futures contracts on Phemex, you will pay $7.50 in fees. as a market taker. Conversely, as a market maker, you would earn a rebate of $2.50. The calculation is as follows:

    • Taker Fee: $10,000 * 0.075% = $7.50
    • Maker Rebate: $10,000 * -0.025% = $2.50

    Similarly, BitMEX’s fees and rebates are identical for the same transaction values, ensuring consistent structures across both platforms.

    Rewards and Incentives

    Phemex offers zero-fee spot trading for premium members, adding a unique user incentive. Additionally, traders can enjoy other benefits, such as bonuses and promotions that help reduce trading costs.

    BitMEX focuses on providing high liquidity and leverage, especially appealing to professional traders. Users can also benefit from occasional trading competitions and bonus events.

    Withdrawal and Deposit Fees

    BitMEX typically charges a flat fee of 0.0004 BTC per transaction for withdrawals.

    On the other hand, Phemex’s withdrawal fees vary based on network conditions, which can result in lower or higher charges. Both exchanges do not charge any deposit fees, making it straightforward to fund your accounts.

    Read More: What Is Crypto OTC Trading?

    When comparing Phemex and BitMEX, consider these fees and rewards to optimize your trading strategies and maximize potential profits.

    Phemex Vs BitMEX: Deposits & Withdrawal Options

    When evaluating Phemex and BitMEX, deposit and withdrawal options are crucial in determining the overall user experience. Both platforms offer distinct features to cater to different user needs.

    Phemex Deposits:

    • Currencies Supported: Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies.
    • Payment Methods: Cryptocurrency transfers only.
    • Processing Time: Typically instant after network confirmation.
    • Minimum/Maximum Amounts: No minimum deposit; no maximum limit reported.

    Phemex Withdrawals:

    • Currencies Supported: Same as deposits.
    • Processing Time: Up to 2 hours, depending on network load.
    • Minimum/Maximum Amounts: MThe minimum withdrawal limit varies per currency. For BTC, it is 0.001 BTC. Standard and premium trial users have a 2 BTC daily limit.

    BitMEX Deposits:

    • Currencies Supported: Primarily Bitcoin (BTC).
    • Payment Methods: Bitcoin transfers only.
    • Processing Time: Instant after network confirmation.
    • Minimum/Maximum Amounts: No minimum deposit; no maximum limit reported.

    BitMEX Withdrawals:

    • Currencies Supported: Bitcoin (BTC) only.
    • Processing Time: Manual processing, typically once a day.
    • Minimum/Maximum Amounts: No minimum withdrawal; no maximum limit specified.

    Fees and Costs

    • Phemex: No deposit or withdrawal fees, but you’ll incur blockchain network fees.
    • BitMEX: Similarly, BitMEX does not charge deposit or withdrawal fees, but network fees apply.

    Convenience and Speed

    • Phemex: Offers faster-automated withdrawals within 2 hours, enhancing convenience for active traders.
    • BitMEX: Manual withdrawal processing might delay fund transfers, especially if they coincide with high network traffic.

    Overall, Phemex provides a quicker and more versatile deposit and withdrawal process, while BitMEX’s singular focus on Bitcoin caters to users primarily dealing with this cryptocurrency.

    Phemex Vs.BitMEX: Native Token Usage

    Phemex and BitMEX have native tokens designed to enhance the user experience within their ecosystems.

    Phemex Native Token: Phemex Token (PT)

    Phemex Token (PT) allows you to participate in the Phemex DAO, enabling decentralized decision-making. This token can reduce your trading fees and offer other exclusive benefits.

    • User Benefits:
      • Fee Reductions: Holders enjoy lower trading fees.
      • Participation: Involved in governance and voting within the Phemex DAO.
      • Long-Term Value: Part of the pre-mined tokens are burned, benefiting long-term holders.

    BitMEX Native Token: BMEX

    BitMEX Token (BMEX) is designed to offer various advantages to its users. Holding BMEX can reduce fees, provide access to enhanced features, and offer potential bonuses.

    User Benefits:

    • Fee Reductions: Enjoy discounted trading fees.
    • Exclusive Features: Access special features and promotions.
    • Additional Rewards: Potential bonuses and incentives for active trading.
    Feature Phemex (PT) BitMEX (BMEX)
    Fee Reductions Yes Yes
    Governance Yes (Phemex DAO) No
    Exclusive Features Yes Yes
    Long-Term Mechanism Token burns for long-term value No explicit long-term mechanism

    Bhemex and BitMEX provide unique advantages through their native tokens, adding significant value to their ecosystems. By leveraging these tokens, you can optimize your trading experience and tap into exclusive benefits each platform offers.

    Phemex Vs BitMEX: KYC Requirements & KYC Limits

    Several vital differences emerge when comparing Phemex and BitMEX regarding Know Your Customer (KYC) requirements and limits.

    These differences can significantly impact your trading experience, from privacy and security to accessibility.

    Phemex mandates KYC verification for all users. You must complete this process through Onfido to start trading.

    The procedure involves submitting identification documents like a passport or driver’s license and a selfie for identity verification. Once verified, you gain access to higher deposit and withdrawal limits.

    BitMEX does not impose mandatory KYC for primary account usage. You can start trading without submitting personal documents.

    However, certain features and higher withdrawal limits are available only after completing the KYC process. This process requires documents similar to nPhemex’s needs, such as government-issued IDs and selfies.

    Aspect Phemex BitMEX
    KYC Requirement Mandatory for all users Optional for primary use, mandatory for higher limits
    Verification Method Onfido BitMEX’s internal system
    Documents Needed Passport, Driver’s License, Selfie Government ID, Selfie
    Deposit Limits Higher limits post-verification Fundamental limits without KYC, higher with KYC
    Withdrawal Limits Higher limits post-verification Higher limits post-verification
    Security Enhanced with mandatory KYC Flexible depending on KYC status
    Accessibility Limited until KYC is completed More accessible without initial KYC

    Privacy on BitMEX can be higher since you can trade without initially divulging personal information. However, opting for KYC is essential for enhanced security and higher limits.

    On Phemex, the mandatory KYC enhances security but may limit initial accessibility for users hesitant to share personal information.

    Your choice between Phemex and BitMEX regarding KYC requirements will depend on your priorities regarding privacy, security, and accessibility.

    Adjust your strategy accordingly based on the specific needs of your trading activities.

    Phemex Vs. BitMEX: User Experience

    phemex ui

    Phemex offers an intuitive and modern user interface. The platform is designed with ease of use in mind, making it accessible even for beginners.

    You’ll find the navigation straightforward, and the trading tools are well-organized. The web interface is clean and responsive, ensuring swift performance.

    bitmex ui

    BitMEX, established in 2014, provides a robust trading platform, but the interface can seem outdated. You may encounter some performance issues.

    Despite this, BitMEX is known for its reliability in handling high trading volumes. The design is more suited for experienced traders familiar with advanced trading tools.

    For mobile users, Phemex shines with a well-received app that is user-friendly. The mobile application maintains the same level of functionality as the web version, allowing you to trade on the go easily. You’ll appreciate the seamless transition between devices.

    BitMEX’s mobile app is functional but may not offer the same level of polish as Phemex’s. The app can handle the essential trading functions, but the user experience might not be as smooth or intuitive. If you’re a mobile-first trader, Phemex could be more appealing.

    Both platforms support a range of cryptocurrencies, but Phemex provides a broader selection, which might enhance your trading experience if variety is important to you.

    On the other hand, BitMEX specializes in derivatives and high-leverage trading, which is beneficial if these features are your priority.

    Feature Phemex BitMEX
    Ease of Use User-friendly Complex
    Mobile App Intuitive and well-received Functional but basic
    Web Interface Modern and fast Reliable but dated
    Cryptocurrency Selection Broad Focused on derivatives

    Phemex includes live chat support, a significant advantage if you value immediate assistance. This feature is absent in BitMEX, making the support experience different.

    Your choice between Phemex and BitMEX should depend on your priorities: modern design and ease of use, specialized trading tools, and high-volume reliability.

    Phemex Vs. BitMEX: Order Types

    Phemex and BitMEX offer a range of order types to help you execute trading strategies and manage risks effectively. These orders are essential tools for traders looking to maximize efficiency and precision.

    Market Orders: Phemex and BitMEX support market orders, allowing you to buy or sell an asset instantly at the current market price. This type helps you quickly enter or exit a position.

    Limit Orders: Phemex and BitMEX enable you to set limit orders by defining the price you wish to buy or sell. This ensures you achieve a precise entry or exit point, potentially avoiding unfavorable market conditions.

    Stop Orders: Stop orders on both platforms help you minimize losses or protect profits by triggering a market order when the asset price reaches a specified threshold.

    Conditional Orders: Phemex offers conditional orders, similar to stop orders but more flexible. These can be configured to execute based on various conditions being met, tailored to complex trading strategies.

    Post-Only Orders: Post-only orders on both Phemex and BitMEX ensure that your order adds liquidity to the order book rather than taking liquidity. If it matches an existing order, it gets canceled.

    Reduce-Only Orders: Phemex and BitMEX also support reduce-only orders, which ensure that your position size will only be reduced and never increased, effectively managing risk and locking in profits.

    Order Type Comparison Table

    Order Type Phemex BitMEX
    Market Yes Yes
    Limit Yes Yes
    Stop Yes Yes
    Conditional Yes No
    Post-Only Yes Yes
    Reduce-Only Yes Yes

    These order types allow you to implement diverse trading strategies and effectively manage positions, giving you the tools to navigate the volatile crypto market.

    Phemex Vs BitMEX: Security Measures & Reliability

    Regarding security, both Phemex and BitMEX take extensive measures to protect your funds and personal information.

    Phemex uses a proprietary Hierarchical Deterministic Cold Wallet System. Each user gets a unique deposit address, which feeds into a multi-signature cold wallet, operating with offline signatures for extra security.

    BitMEX, known for its long-standing reputation since 2014, employs multi-signature wallets to store user funds. Only BitMEX partners can initiate withdrawals, adding another layer of protection.

    Both platforms mandate using two-factor authentication (2FA) for user accounts. This additional authentication step reduces the risk of unauthorized access.

    Security Incidents:

    • Phemex has had no major security breaches reported since its establishment in 2019.
    • BitMEX faced a security incident in 2019 when a mass email was sent mistakenly revealing the email addresses of many users. The platform quickly addressed this issue and reinforced its security protocols.

    Reliability:

    Phemex operates with a focus on maintaining high uptime and low-latency order execution. Its robust architecture ensures operational stability.

    BitMEX boasts a solid track record for reliability, attributed to its time-tested infrastructure. Despite occasional server overloads during peak trading periods, the platform has consistently delivered on its promised services.

    Ultimately, both Phemex and BitMEX prioritize the security and reliability of their platforms, ensuring that your trading experience remains safe and efficient.

    Phemex Vs. BitMEX: Insurance Fund

    Phemex and BitMEX employ insurance funds to protect traders from potential losses due to adverse market conditions.

    BitMEX Insurance Fund

    BitMEX’s insurance fund is a well-established mechanism within the platform. The fund accrues through a portion of liquidation profits, ensuring that traders are protected against unexpected market fluctuations. This fund provides a safety net, particularly in high-leverage scenarios.

    Phemex Insurance Fund

    Phemex also maintains an insurance fund to safeguard its users. Like BitMEX, Phemex accumulates its funds from liquidation processes. This system is designed to prevent trader losses from exceeding their account balance, offering an added security layer.

    Feature BitMEX Insurance Fund Phemex Insurance Fund
    Established Comprehensive and well-known Practical and tailored for the platform
    Accumulation Profits from liquidations Profits from liquidations
    Usage High-leverage protection Prevents losses exceeding account balance
    Platform Specific Tailored for advanced traders Designed for both novice and experienced traders

    The insurance funds on both platforms are critical to ensuring users a secure and stable trading environment. Understanding these insurance mechanisms is vital for making informed decisions in high-risk trading scenarios.

    Phemex Vs. BitMEX: Customer Support

    Customer support plays a crucial role when choosing between Phemex and BitMEX. Both platforms offer support to users, but there are notable differences.

    Phemex provides 24/7 multilingual customer support through live chat, which is accessible on their website.

    This immediate access can help resolve urgent issues. Additionally, users have reported that Phemex’s customer service is prompt and helpful.

    BitMEX, on the other hand, also offers customer support but has received feedback about occasional delays in response time. Despite these delays, the support is generally considered adequate.

    Here’s a quick comparison of customer support features:

    Feature Phemex BitMEX
    Availability 24/7 24/7
    Support Channels Live Chat, Multilingual Support Ticket System, Email
    Response Speed Prompt and helpful Adequate, but sometimes delayed
    Multilingual Support Yes Limited

    It’s also important to consider the support channels.

    Phemex’s live chat is often praised for its accessibility, while BitMEX relies on a support ticket system and email communication, which may contribute to the response delays.

    Ultimately, your choice might depend on how much you value immediate, real-time support versus other factors such as platform features and fees.

    Evaluate both options carefully based on your specific needs and preferences.

    Phemex Vs. BitMEX: Regulatory Compliance

    When comparing Phemex and BitMEX regarding regulatory compliance, you will notice that both exchanges have different approaches and levels of adherence.

    Phemex places a significant emphasis on regulatory adherence. The platform follows stringent AML (Anti-Money Laundering) protocols and has a clear compliance framework.

    Phemex adheres to all relevant financial regulations, making it a trustworthy option for traders seeking transparency.

    BitMEX, on the other hand, has faced challenges in regulatory compliance.

    The U.S. Commodity Futures Trading Commission (CFTC) charged the platform’s founders for operating an unregistered trading platform and violating AML regulations.

    As a result, BitMEX has endeavored to comply with regulatory standards, implementing enhanced KYC (Know Your Customer) procedures.

    Feature Phemex BitMEX
    AML Compliance Yes Yes
    KYC Procedures Less stringent Enhanced
    Regulatory Challenges None reported Legal issues with the CFTC
    Platform Transparency High Improved post-legal actions

    Phemex operates with legal and ethical standards in mind, reflecting its commitment to regulatory requirements. The absence of significant controversies further enhances its reputation.

    BitMEX, though initially facing significant legal challenges, has adapted by improving its compliance measures. They have worked towards greater transparency and adherence to legal standards.

    The regulatory compliance at Phemex and BitMEX influences their trustworthiness among users.

    Phemex’s strong emphasis on compliance and seamless user experience sets a high benchmark, whereas BitMEX’s evolution in compliance reflects its adaptability and commitment to lawful operations.

    Conclusion

    Phemex and BitMEX are robust platforms for cryptocurrency trading, each with its strengths.

    For traders seeking a user-friendly interface and a broader selection of cryptocurrencies, Phemex stands out. The platform also offers low fees and a well-received mobile application for trading.

    BitMEX, on the other hand, has established itself as a pioneer in the derivatives trading space since its inception in 2014.

    It is particularly notable for its strong focus on Bitcoin and high-leverage options, which attract seasoned traders interested in substantial market movements.

    Feature Phemex BitMEX
    Founded 2019 2014
    Specialization Derivatives, Perpetual Contracts Bitcoin, High Leverage Trading
    Trading Products Broad Range of Cryptocurrencies Primarily Bitcoin
    User Interface User-friendly Robust, Industry-Standard
    Mobile App Highly Rated Available

    Customer support and transaction processing on Phemex could see improvements to match its aspirations of merging the best aspects of CeFi and DeFi.

    For best results, align your trading needs and priorities with each platform’s features and strengths.

    Our 2025's Recommendation

    • Best NO KYC Exchange For Trading

    • Upto 100x Leverage for BTC

    • Provides BTC and USD settling

    • Taker:0.075% Maker:-0.025%

    Compare Phemex and BitMEX with other significant exchanges

    About the Authors

    Hi, I'm Charles Johns, a Finance graduate with a specialization in Financial Management from the University of Chicago. My journey through financial markets has fueled a passion for both traditional and digital assets, where I continuously explore evolving investment opportunities. As an active trader and cryptocurrency enthusiast, I strive to bridge the gap between complex financial concepts and practical, real-world applications. My goal is to empower everyone, whether seasoned investors or newcomers, with valuable insights and knowledge to confidently navigate the world of finance and crypto investing.