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Nexo

EarnPark vs Phemex

VS

General

Platform
EarnPark logo
Phemex logo
Founded
EarnPark 2017
Phemex 2019
Headquarters
EarnPark UK
Phemex Singapore
Availability
EarnPark Worldwide (services limited in the US)
Phemex Worldwide

Fees & Financial

Bonus
EarnPark
Phemex $20 bonus
Token
EarnPark
Phemex
Compounding
EarnPark Yes
Phemex No
Payouts
EarnPark Daily
Phemex
Fees
EarnPark Yes (network fees)
Phemex
Lockup
EarnPark None
Phemex
Maker Fee
EarnPark
Phemex 0.01
Taker Fee
EarnPark
Phemex 0.06

Cryptocurrency Rates

BTC Rate
EarnPark 7%
Phemex 1%
BTC Max
EarnPark
Phemex 3%
ETH Rate
EarnPark 7%
Phemex 1.5%
ETH Max
EarnPark
Phemex 3%
Stablecoin Rate
EarnPark 7%
Phemex 2%

Pros

  • Good interest rates
  • Wide amount of supported assets

Cons

  • Rates will fluctuate
  • Multiple yield strategies are confusing and earn differently
  • Funds may be hard capped

Pros

  • Flexible deposit terms

Cons

  • Rates lower than other exchanges

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