USDC
USDT
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Phemex vs Zengo
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...
Score4.3Our editors score every platform independently. Partnerships never influence the rating.
VS
Zengo
Quick takeZengo is a self-custodial crypto wallet with built-in Ethereum staking. Instead of using a seed phrase, the wallet uses multi-party computat...
Score4.1Our editors score every platform independently. Partnerships never influence the rating.
General
Platform
Phemex
Zengo
Founded
Phemex2019
Zengo2018
Headquarters
PhemexSingapore
ZengoIsrael
Availability
PhemexRestricted in the U.S., UK, Australia and other listed jurisdictions; Canadian restrictions include Ontario, Quebec, Alberta and Saskatchewan.
ZengoWorldwide
Fees & Financial
Bonus
Phemex$20 bonus
Zengo
Token
Phemex
Zengo
Compounding
PhemexNo
ZengoNo
Payouts
Phemex
ZengoDaily
Fees
Phemex
Zengo
Lockup
Phemex
Zengo
Maker Fee
Phemex0.1
Zengo
Taker Fee
Phemex0.1
Zengo
Cryptocurrency Rates
BTC Rate
Phemex1%
Zengo
BTC Max
Phemex3%
Zengo
ETH Rate
Phemex1.5%
Zengo
ETH Max
Phemex3%
Zengo4%
Stablecoin Rate
Phemex2%
Zengo
Phemex
ReviewPros
- Flexible Savings permits redemption without a lockups
- Auto-Transfer can allocate eligible idle balances automatically
Cons
- KYC is required
- Phemex does not serve U.S. customers
Zengo
ReviewPros
- ETH can be staked from a self-custodial wallet without transferring it to a centralized exchange account.
- Rewards accrue daily and auto-compound after activation, with no fixed staking term.
Cons
- Ethereum staking requires at least 0.1 ETH, takes about 12 days to begin earning, and takes about 10 days to unstake and claim.
- The earn selection is limited, and users depend on Everstake for the validator service.
