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Nexo

Kraken vs Phemex

VS

General

Platform
Kraken logo
Phemex logo
Founded
Kraken 2011
Phemex 2019
Headquarters
Kraken San Francisco, CA
Phemex Singapore
Availability
Kraken Worldwide
Phemex Worldwide

Fees & Financial

Bonus
Kraken Up to $150
Phemex $20 bonus
Token
Kraken
Phemex
Compounding
Kraken No
Phemex No
Payouts
Kraken Once or twice a week, depending on coin
Phemex
Fees
Kraken Yes
Phemex
Lockup
Kraken
Phemex
Maker Fee
Kraken 0.16
Phemex 0.01
Taker Fee
Kraken 0.26
Phemex 0.06

Cryptocurrency Rates

BTC Rate
Kraken 0.15%
Phemex 1%
BTC Max
Kraken
Phemex 3%
ETH Rate
Kraken 2.25%
Phemex 1.5%
ETH Max
Kraken 6.5%
Phemex 3%
Stablecoin Rate
Kraken 4.25%
Phemex 2%

Pros

  • Offers on and off-chain staking
  • Full exchange services

Cons

  • Interest rate will vary (Kraken takes a flat 15% from staking rewards)

Pros

  • Flexible deposit terms

Cons

  • Rates lower than other exchanges

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