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Phemex vs Nexo

VS

General

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

Fees & Financial

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

Cryptocurrency Rates

BTC Rate
Phemex 1%
Nexo 4%
BTC Max
Phemex 3%
Nexo 5.5%
ETH Rate
Phemex 1.5%
Nexo 5%
ETH Max
Phemex 3%
Nexo 6.5%
Stablecoin Rate
Phemex 2%
Nexo 8%

Pros

  • Flexible deposit terms

Cons

  • Rates lower than other exchanges

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