Kraken

Phemex vs Backpack

Phemex Logo

Phemex

Phemex is a crypto exchange offering exceptionally low fees and powerful tools for trading. Phemex Earn Phemex Earn is a crypto lending product from Phemex. Phemex Earn Does Phemex require KYC? Phemex does not require KYC, but it is li...

Backpack Logo

Backpack

Backpack Exchange, is a fully regulated cryptocurrency exchange built by the team behind the Solana-native Backpack Wallet and the Mad Lads NFT collection. Backpack Exchange is licensed and regulated in multiple jurisdictions. It offers deep liqui...

Platform
Phemex Platform
Backpack Platform
Website
Bonus
$20 bonus
Token
Founded
2019
2022
Headquarters
Singapore
Tokyo, Japan
Availability
Worldwide
Worldwide (lending unavailable in US, a few states restricted)

Cryptocurrency Rates

BTC Rate
1%
0.03%
BTC Max
3%
ETH Rate
1.5%
0.04%
ETH Max
3%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
2%
6.75%
Stablecoin Max
10%

Fees & Financial

Compounding
No
Yes
Payouts
Fees
Lockup
Maker Fee
0.01
0.08
Taker Fee
0.06
0.1
Phemex Logo

Phemex Pros

    • Flexible deposit terms

Phemex Cons

    • Rates lower than other exchanges
Backpack Logo

Backpack Pros

No pros listed

Backpack Cons

No cons listed


Earn Interest on Crypto

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