Coinbase

Nexo vs Phemex

VS

General

Platform
Nexo logo
Phemex logo
Founded
Nexo 2017
Phemex 2019
Headquarters
Nexo Switzerland
Phemex Singapore
Availability
Nexo Worldwide
Phemex Worldwide

Fees & Financial

Bonus
Nexo Up to $500 USDC with $50,000 deposit in a 3, 6, or 12-month Fixed Term
Phemex $20 bonus
Token
Nexo NEXO
Phemex
Compounding
Nexo Yes
Phemex No
Payouts
Nexo Daily
Phemex
Fees
Nexo Limited free withdrawls per month
Phemex
Lockup
Nexo None or 1 month
Phemex
Maker Fee
Nexo
Phemex 0.01
Taker Fee
Nexo
Phemex 0.06

Cryptocurrency Rates

BTC Rate
Nexo 4%
Phemex 1%
BTC Max
Nexo 6%
Phemex 3%
ETH Rate
Nexo 5%
Phemex 1.5%
ETH Max
Nexo 7%
Phemex 3%
Stablecoin Rate
Nexo 8%
Phemex 2%

Pros

  • Good rates for all coins deposited
  • Popular platform
  • 1-5 free withdrawal per month depending on loyalty tier

Cons

  • $5,000 minimum deposit
  • Best rates require earning in NEXO token

Pros

  • Flexible deposit terms

Cons

  • Rates lower than other exchanges

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