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Global · Founded 2026

Phemex

Mixed
Proof of Reserves
No PoR data published

Phemex is a derivatives-focused exchange that also supports spot trading and earn products. It targets active traders with perpetuals liquidity, API access, and a fee tier system.

Trade Phemex with a Funded Account

Crypto prop firms let you trade on Phemex with firm capital. Compare funded accounts on PropScorer.

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CryptoScore

Weighted exchange quality score

Strong
0score
Security (30%)0% +0.0
Fees (18%)0% +0.0
Liquidity (15%)0% +0.0
Regulation (12%)0% +0.0
Accessibility (5%)0% +0.0
UX (8%)0% +0.0
Health (7%)0% +0.0
Editorial (5%)0% +0.0

CryptoScore blends security, fees, liquidity, regulation, and user experience into a single 0-100 rating.

Health Score

Trust, transparency, and resilience

Stable
TrustpilotReviewsAgeTransparencyTrendRisk
0health
Trustpilot Score (30%)0% +0.0
Review Volume (15%)0% +0.0
Exchange Age (20%)0% +0.0
Transparency (15%)0% +0.0
Review Trend (10%)0% +0.0
Complaint Risk (10%)0% +0.0

Health Score blends trust signals, transparency, and operational longevity.

Fee Breakdown

Spot

Standard tier

Maker 0.00%
Taker 0.00%

Futures

Perpetuals & futures

Maker 0.00%
Taker 0.00%

Exchange Overview

Trading Pairs

0+ markets

Proof of Reserves

·

Fiat On/Off Ramps

Bank Transfer

API Access

API Trading

Security & Trust

PoR: —
KYC required

KYC Matrix

🟢 No KYC🟡 Basic KYC🔴 Full KYC
LevelWithdrawal LimitDocuments RequiredProcessing Time
🟢 No KYC
Not available
🟡 Basic KYC
Not available
🔴 Full KYC
Not available

Proof of Reserves

This exchange does not publish Proof of Reserves

Geo Availability

US

Full access

EU (MiCA)

Full access

UK

Full access

Canada

Full access

Australia

Full access

Japan

Full access

Singapore

Full access

Coverage

Global coverage

Blocked

None

Restricted

None

RegionFiat Deposit Methods
USACH, Wire Transfer, Debit/Credit Card
EU (MiCA)SEPA, Bank Transfer, Debit/Credit Card
UKFaster Payments, Bank Transfer, Debit/Credit Card
CanadaInterac e-Transfer, Bank Transfer, Debit/Credit Card
AustraliaPayID, Bank Transfer, Debit/Credit Card
JapanBank Transfer, Debit/Credit Card
SingaporeFAST, Bank Transfer, Debit/Credit Card

Language support

10+ languages

Channels: email, chat

Why traders pick Phemex

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