CIR animation

We compare platforms & may earn a commission. Learn more.

Email Alerts

Phemex vs Krak

Compare rates, fees, access, and key features side by side.

Phemex

Phemex

Phemex is a crypto exchange offering exceptionally low fees and powerful tools for trading.Phemex EarnPhemex Earn is a crypto lending product from Phe...

CIR score4.3
VS
Krak

Krak

Krak is a new simple crypto-powered mobile payment app by the popular Kraken crypto exchange. It is designed to be a crypto-friendly alternative to Ve...

CIR score4.0

General

Platform
Phemexlogo
Kraklogo
Founded
Phemex2019
Krak2025
Headquarters
PhemexSingapore
KrakSan Francisco, CA
Availability
PhemexWorldwide, excluding US
KrakWorldwide

Fees & Financial

Bonus
Phemex$20 bonus
Krak$10 bonus after $10 deposit with code: CIR
Token
Phemex
Krak
Compounding
PhemexNo
KrakYes
Payouts
Phemex
KrakWeekly
Fees
Phemex
KrakNone
Lockup
Phemex
KrakNone
Maker Fee
Phemex0.01
Krak
Taker Fee
Phemex0.06
Krak

Cryptocurrency Rates

BTC Rate
Phemex1%
Krak0.1%
BTC Max
Phemex3%
Krak
ETH Rate
Phemex1.5%
Krak1%
ETH Max
Phemex3%
Krak
Stablecoin Rate
Phemex2%
Krak2%

Phemex

Review

Pros

  • Flexible deposit terms

Cons

  • Rates lower than other exchanges

Krak

Review

Pros

  • Simple, fee-free and rewarding app to manage crypto payments
  • Pays interest rewards on most coins
  • No lock ups

Cons

  • Rates are modest
  • New app with limited features vs full Kraken