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Phemex vs Kraken
Compare rates, fees, access, and key features side by side.
Phemex
Quick takePhemex offers Flexible Savings and a separate lending pool where supplied assets earn interest from borrowers. Flexible Savings can be redee...
CIR score4.3Our editors score every platform independently. Partnerships never influence the rating.
VS
Kraken
Quick takeKraken is a custodial crypto exchange offering flexible staking, bonded staking, and Auto Earn for eligible assets and regions. Flexible pro...
CIR score4.3Our editors score every platform independently. Partnerships never influence the rating.
Popular75 recent visitors
General
Platform
Phemex
Kraken
Founded
Phemex2019
Kraken2011
Headquarters
PhemexSingapore
KrakenSan Francisco, CA
Availability
PhemexWorldwide, excluding US
KrakenWorldwide
Fees & Financial
Bonus
Phemex$20 bonus
Kraken$10 BTC + 10% fee discount
Token
Phemex
Kraken
Compounding
PhemexNo
KrakenNo
Payouts
Phemex
KrakenWeekly
Fees
Phemex
KrakenYes
Lockup
Phemex
Kraken
Maker Fee
Phemex0.01
Kraken0.16
Taker Fee
Phemex0.06
Kraken0.26
Cryptocurrency Rates
BTC Rate
Phemex1%
Kraken0.02%
BTC Max
Phemex3%
Kraken
ETH Rate
Phemex1.5%
Kraken
ETH Max
Phemex3%
Kraken2.41%
Stablecoin Rate
Phemex2%
Kraken4.08%
Phemex
ReviewPros
- Lending supply rates update hourly with visible pool utilization.
- Flexible Savings permits redemption without a fixed term.
- Auto-Transfer can allocate eligible idle USDT balances automatically.
Cons
- KYC is required, contrary to the current legacy CMS field.
- Lending exposes supplied assets to borrowers and pool-liquidity conditions.
- Phemex does not serve U.S. customers.
Kraken
ReviewPros
- Supports flexible and bonded staking across a broad selection of assets, with rewards paid weekly.
- Auto Earn can keep eligible assets available for trading or withdrawal while automatically allocating them to supported rewards programs.
Cons
- Flexible Staking and Auto Earn generally deduct 30% of rewards, while the entry bonded tier deducts 25%.
- Flexible staking may generate rewards on only up to half of the selected balance for assets with an unbonding period.
