CIR animation

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

Figure Markets
Phemex is not available for US customers. Find US platforms.

Phemex Snapshot

Verified: April 27, 2026

A popular, worldwide crypto exchange offering exceptionally low trading fees.

Pros

  • Flexible deposit terms

Cons

  • Rates lower than other exchanges

Phemex Rates

Earn Rates

Review Yield data below to understand the source of these returns.

USD Coin
USDC
UP
Lending Lockup for 14 days
2 - 10% APY
Tether
USDT
UP
Lending Lockup for 14 days
2 - 10% APY
Bitcoin
BTC
UP
Lending Lockup for 14 days
1 - 3% APY
Ethereum
ETH
UP
Lending Lockup for 14 days
1.5 - 3% APY
Solana
SOL
UP
Lending Lockup for 14 days
0.8 - 3% APY

Trading Fees

Maker
0.01%
Taker
0.06%
Rates last verified: April 27, 2026

Phemex Bonus

$20 bonus

Claim Bonus

Rate Alerts

Confirm your email, then choose Phemex, specific coins, or other platforms to watch for rate changes.

Phemex Calculator

Daily
0.00
Weekly
0.00
Monthly
0.00
Yearly
0.00

Estimates are based on Phemex current APY. Rates are subject to change.

Phemex Yield Scorecard

Yield Mechanics

Exchange
Internal Exchange Business

Risk & Custody

Custody Model
Custodial / Third Party
Track Record
Operational since 2019

Flexibility & Access

Lockups
Flexible
Access
Worldwide, excluding US
Yield data in beta

Yield methods listed are based on best known platform data. Please note that a single platform may utilize different methods depending on the specific asset, product, or jurisdiction. Platforms may also update their yield strategies at any time.

Phemex Review

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 limited in the amount of trading you can do.

Phemex FAQ

Is Phemex available in the USA?

No, Phemex is not available in the USA.

Does Phemex pay compound yield?

No, yield is not compounded at Phemex.

Does Phemex pay interest on Bitcoin?

Yes, Phemex pays 1 - 3% APY on Bitcoin.

Does Phemex pay interest on Ethereum?

Yes, Phemex pays 1.5 - 3% APY on Ethereum.

Does Phemex pay rewards on USDC?

Yes, Phemex pays 2 - 10% APY on USD Coin (USDC).

Does Phemex pay rewards on USDT?

Yes, Phemex pays 2 - 10% APY on Tether (USDT).

Does Phemex pay interest on Solana?

Yes, Phemex pays 0.8 - 3% APY on Solana (SOL).

What are Phemex's trading fees?

Phemex charges a 0.01% maker fee and 0.06% taker fee.

Does Phemex offer a sign-up bonus?

Yes, $20 bonus

When was Phemex founded?

Phemex was founded in 2019.

Where is Phemex headquartered?

Phemex is headquartered in Singapore.

Where is Phemex available?

Worldwide, excluding US

Compounds
No
Payouts
Varies
Withdraw Fees
Varies
Lockups
None
Founded
2019
Headquarters
Singapore
Availability
Worldwide, excluding US
Best Phemex Alternatives