Nexo

Phemex vs Kraken

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...

Kraken Logo

Kraken

Kraken is a digital asset exchange platform that was founded in 2011 and is headquartered in San Francisco, California. UK Residents: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you shou...

Platform
Phemex Platform
Kraken Platform
Website
Bonus
$20 bonus
Token
Founded
2019
2011
Headquarters
Singapore
San Francisco, CA
Availability
Worldwide
Worldwide, on-chain staking unavailable in the US and UK

Cryptocurrency Rates

BTC Rate
0.8%
0.15%
BTC Max
1.2%
ETH Rate
0.3%
2.5%
ETH Max
0.5%
7%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
4.5%
6.5%
Stablecoin Max
12%

Fees & Financial

Compounding
No
No
Payouts
Once or twice a week, depending on coin
Fees
Yes
Lockup
Maker Fee
0.01
0.16
Taker Fee
0.06
0.26
Phemex Logo

Phemex Pros

    • Flexible deposit terms

Phemex Cons

    • Rates lower than other exchanges
Kraken Logo

Kraken Pros

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

Kraken Cons

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

Earn Interest on Crypto

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