✓Kraken is our top-ranked Phemex alternative (9.3/10).Bybit is our top-ranked Phemex alternative (9/10).Binance is our top-ranked Phemex alternative (8.9/10).Bitvavo is our top-ranked Phemex alternative (8.9/10).BloFin is our top-ranked Phemex alternative (8.8/10).Bitunix is our top-ranked Phemex alternative (8.4/10).WhiteBIT is our top-ranked Phemex alternative (8.1/10).Ourbit is our top-ranked Phemex alternative (8/10).WEEX is our top-ranked Phemex alternative (8/10).OKX EU is our top-ranked Phemex alternative (7.9/10).Bitget is our top-ranked Phemex alternative (7.8/10).OKX is our top-ranked Phemex alternative (7.8/10).Coinbase is our top-ranked Phemex alternative (7.7/10).Bybit EU is our top-ranked Phemex alternative (7.6/10).BYDFi is our top-ranked Phemex alternative (7.6/10).BTCC is our top-ranked Phemex alternative (7.5/10).XT.com is our top-ranked Phemex alternative (7.5/10).Crypto.com is our top-ranked Phemex alternative (7.4/10).KCEX is our top-ranked Phemex alternative (7.3/10).Pionex is our top-ranked Phemex alternative (7.3/10).
✓Of the alternatives that charge a trading fee, Pionex has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Bybit has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Binance has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BloFin has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitunix has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WhiteBIT has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WEEX has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitget has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BYDFi has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, OKX EU has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, XT.com has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, Bitvavo has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, Bybit EU has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, BTCC has the lowest spot taker fee (0.3%).Of the alternatives that charge a trading fee, OKX has the lowest spot taker fee (0.35%).Of the alternatives that charge a trading fee, Crypto.com has the lowest spot taker fee (0.5%).Of the alternatives that charge a trading fee, Kraken has the lowest spot taker fee (0.8%).The comparison table on this page shows the spot fees of each alternative.
✓BloFin lets you start trading without full identity verification.Bitunix lets you start trading without full identity verification.Ourbit lets you start trading without full identity verification.WEEX lets you start trading without full identity verification.BYDFi lets you start trading without full identity verification.BTCC lets you start trading without full identity verification.XT.com lets you start trading without full identity verification.KCEX lets you start trading without full identity verification.Pionex lets you start trading without full identity verification.None of the alternatives open to you trades without identity verification (KYC).
Top Phemex alternatives
Top alternative 2026
1
K
Kraken
Spot fees (maker/taker)0.4% / 0.8%
Assets680
Max leverage50×
KYCRequired
User-friendly interface, suitable for beginners
It offers crypto, NFTs, and real U.S. stocks in one account
The fiat options at Phemex are limited, so moving money in and out can mean leaning on crypto rails rather than your bank. Learning material is thin, which leaves newer traders filling the gaps elsewhere. There is also the shift that made identity checks mandatory for new users, a change from the open sign-up that drew some people in. If you want tokenized stock exposure, the list runs to only 35 stock tokens, and there is no options trading, no lending and no crypto-backed loans, so a trader who wants those products has reason to look elsewhere.
What a replacement for Phemex should offer
Fees are low: spot maker and taker both at 0.1%, with futures at 0.01% maker and 0.06% taker. A replacement should get close to that before anything else. Phemex covers spot, margin and futures, with 1,027 coins on spot and 816 coins with futures across 826 contracts, plus leverage up to 100x. Copy trading, trading bots, staking, prediction markets and a demo mode round things off, along with advanced charting tools. Cold storage, proof of reserves, two-factor login and withdrawal address whitelisting handle the security side, so check those against any alternative.
How to move from Phemex to another exchange
Funds leave Phemex by crypto withdrawal, bank transfer or peer-to-peer, so pick the route that matches how you want to receive the money. Now that identity checks are mandatory for new users, a larger transfer may mean clearing verification first, since withdrawal limits sit lower before that is done and rise once it is complete. Close any open futures positions, unwind staking and shut down running bots so that balance is free to move. Send a small test transfer on the right network before the full amount.
Venues from the same exchange class as Phemex (CEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
Questions
Frequently asked
Kraken leads our Phemex alternatives comparison, scoring 9.3/10 on live fee, security and feature data.Bybit leads our Phemex alternatives comparison, scoring 9/10 on live fee, security and feature data.Binance leads our Phemex alternatives comparison, scoring 8.9/10 on live fee, security and feature data.Bitvavo leads our Phemex alternatives comparison, scoring 8.9/10 on live fee, security and feature data.BloFin leads our Phemex alternatives comparison, scoring 8.8/10 on live fee, security and feature data.Bitunix leads our Phemex alternatives comparison, scoring 8.4/10 on live fee, security and feature data.WhiteBIT leads our Phemex alternatives comparison, scoring 8.1/10 on live fee, security and feature data.Ourbit leads our Phemex alternatives comparison, scoring 8/10 on live fee, security and feature data.WEEX leads our Phemex alternatives comparison, scoring 8/10 on live fee, security and feature data.OKX EU leads our Phemex alternatives comparison, scoring 7.9/10 on live fee, security and feature data.Bitget leads our Phemex alternatives comparison, scoring 7.8/10 on live fee, security and feature data.OKX leads our Phemex alternatives comparison, scoring 7.8/10 on live fee, security and feature data.Coinbase leads our Phemex alternatives comparison, scoring 7.7/10 on live fee, security and feature data.Bybit EU leads our Phemex alternatives comparison, scoring 7.6/10 on live fee, security and feature data.BYDFi leads our Phemex alternatives comparison, scoring 7.6/10 on live fee, security and feature data.BTCC leads our Phemex alternatives comparison, scoring 7.5/10 on live fee, security and feature data.XT.com leads our Phemex alternatives comparison, scoring 7.5/10 on live fee, security and feature data.Crypto.com leads our Phemex alternatives comparison, scoring 7.4/10 on live fee, security and feature data.KCEX leads our Phemex alternatives comparison, scoring 7.3/10 on live fee, security and feature data.Pionex leads our Phemex alternatives comparison, scoring 7.3/10 on live fee, security and feature data.
Of the alternatives that charge a trading fee, Pionex has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Bybit has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Binance has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BloFin has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitunix has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WhiteBIT has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WEEX has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitget has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BYDFi has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, OKX EU has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, XT.com has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, Bitvavo has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, Bybit EU has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, BTCC has the lowest spot taker fee (0.3%).Of the alternatives that charge a trading fee, OKX has the lowest spot taker fee (0.35%).Of the alternatives that charge a trading fee, Crypto.com has the lowest spot taker fee (0.5%).Of the alternatives that charge a trading fee, Kraken has the lowest spot taker fee (0.8%).The comparison table on this page shows the spot fees of each alternative.
Yes. BloFin allows trading without completing full KYC verification.Yes. Bitunix allows trading without completing full KYC verification.Yes. Ourbit allows trading without completing full KYC verification.Yes. WEEX allows trading without completing full KYC verification.Yes. BYDFi allows trading without completing full KYC verification.Yes. BTCC allows trading without completing full KYC verification.Yes. XT.com allows trading without completing full KYC verification.Yes. KCEX allows trading without completing full KYC verification.Yes. Pionex allows trading without completing full KYC verification.No. None of the alternatives open to you trades without identity verification.
Venues from the same exchange class as Phemex (CEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
