Phemex

Phemex

Efficient matching engine and solid derivatives.

KYC: Yes Spot: Yes Derivatives: Yes Fees: 0.10% / 0.10% Fiat on-ramps

Key facts

Founded
2019
Headquarters
Licenses
Native token
Max leverage
up to 100x
Coins
Markets
Fiat support
cards (regional)
API
REST, WebSocket
Mobile apps
iOS, Android
Copy trading
limited
P2P market
no

Referral program: Referral commission by tier

Overview

Phemex focuses on a fast engine and clean interface. Perps cover popular pairs; spot selection is smaller but improving.

Fees & discounts

Fees: 0.10% / 0.10%.

Security & Proof of Reserves

  • 2FA, withdrawal whitelist, device controls

Fiat & payments

  • Fiat on-ramps: Yes
  • Fiat support: cards (regional)

Regulation & availability

  • Licenses: —
  • KYC: Yes

Pros

  • Fast engine
  • Derivatives suite

Cons

  • Smaller spot selection
  • Regional limits

Alternatives