Best Phemex Alternatives & Competitors 2024 (Updated)

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phemex alternatives & competitors exchanges

Phemex Alternatives & Competitors 2024

We help you find the best alternatives to Phemex. We have tested over 100 cryptocurrency exchanges to compile a list of the top Phemex alternatives for crypto traders worldwide. We have reviewed all crucial factors, including security, regulations, fees, trading features, and many more.

 

Best Phemex Alternatives Overview

While Phemex is a great crypto exchange, you may want to use an alternative due to various reasons. Learn more about the best options below.

14+ Million Users

BingX excels as one of the best no-KYC crypto exchanges with low fees and a comprehensive spot and futures market. What makes BingX unique is the fact that you can trade not only cryptocurrencies but also traditional assets such as stocks, forex, commodities, and indices with up to 200x leverage.

0.1% Maker
0.1% Taker
0.02% Maker
0.5% Taker
690+ Cryptos
3200+ Contracts
$12+ Billion

Alternative

BingX is a great crypto exchange for anonymous traders. Trade cryptos and TradFi with low fees.

 

50+ Million Users

Founded in 2017, OKX quickly became one of the largest crypto exchanges in the world. With a strong focus on high-performance derivatives products, OKX is a top trading platform for users from over 160 countries. Enjoy low fees, some of the best liquidity, and a flawless trading experience on OKX.

0.08% Maker
0.1% Taker
0.02% Maker
0.05% Taker
340+ Cryptos
250+ Contracts
$17+ Billion

Alternative

OKX is one of the most powerful crypto derivatives trading platforms with deep liquidity and low fees.

 

14+ Million Users

MEXC is the crypto exchange with the lowest trading fees. This makes MEXC the primary choice for crypto scalpers and day traders. Additionally, MEXC offers an extensive list of 1600+ cryptocurrencies and 200x leverage. With the no-KYC policy, you can even stay anonymous while using MEXC.

0% Maker
0% Taker
0% Maker
0.01% Taker
1600+ Cryptos
340+ Contracts
$12+ Billion

Alternative

MEXC is one of the best crypto exchanges for day trading with low fees and tons of assets.

 

150+ Million Users

Binance is the largest crypto exchange in the world, with over 150 million users. What makes Binance stand out most is its comprehensive suite of advanced services and trading features. With over 320 cryptos, low fees, 125x leverage, and deep liquidity, Binance is a top choice for crypto enthusiasts.

0.1% Maker
0.1% Taker
0.02% Maker
0.05% Taker
320+ Cryptos
200+ Contracts
$23+ Billion

Alternative

Most Comprehensive and Advanced Crypto Exchange in The World with low fees

 

1+ Million Users

Bitunix is known as one of the best no-KYC crypto exchanges. With global reach, low fees, 125x leverage, and a user-friendly crypto trading platform, Bitunix is a great option for beginners and advanced traders who want to remain anonymous.

0.1% Maker
0.1% Taker
0.02% Maker
0.06% Taker
290+ Cryptos
150+ Contracts
$13+ Billion

Alternative

Bitunix is one of the most popular no-KYC crypto exchanges for day trading with leverage.

 

45+ Million Users

Bybit is one of the most prominent crypto exchanges in the world. What makes Bybit shine is its spot market with over 600 supported cryptos and its derivatives market with low fees, deep liquidity, and advanced trading features. Bybit is a top choice for experienced traders.

0.1% Maker
0.1% Taker
0.02% Maker
0.055% Taker
640+ Cryptos
280+ Contracts
$17+ Billion

Alternative

Bybit is a top-notch crypto exchange for spot and futures trading with a generous signup bonus.

 

1.6+ Million Users

None

Uphold was founded in New York in 2013, making it one of the oldest, fully licensed crypto exchanges. With a strong emphasis on regulation and security, Uphold aims to provide users with a reliable and simple-to-use crypto trading platform.

0.15% Maker
0.25% Taker
No futures trading
223+ Cryptos
$0.33+ Billion

Alternative

Uphold is a top choice for security, regulation, and user-friendliness. Uphold is perfect for beginners.

 

300+ Million Users

Kucoin is a hotspot for altcoin traders. With over 750 supported cryptos on the Kucoin spot market, you can find some of the most exotic coins that are not listed on other exchanges yet. On top of that, Kucoin offers advanced trading bots and futures trading.

0.1% Maker
0.1% Taker
0.02% Maker
0.06% Taker
700+ Cryptos
220+ Contracts
$7+ Billion

Alternative

Kucoin is one of the best crypto exchanges for buying and selling altcoin gems on the spot market.

 

120+ Million Users

None

Coinbase is a fully regulated crypto exchange from the United States. With robust security measures and strict compliance, Coinbase is a top choice for crypto traders seeking safety and reliability while enjoying a user-friendly platform with over 240 digital assets, staking, and more.

0.4% Maker
0.6% Taker
No Futures Supported
242+ Cryptos
$1.5+ Billion

Alternative

With diverse deposit and withdrawal methods, Coinbase is a great option for investors.

 

8+ Million Users

Founded in 2011, the focus of BTCC is delivering the best crypto futures trading exchange. With low trading fees, deep liquidity, and a robust and secure platform, BTCC excels as one of the best crypto scalping trading platforms with up to 150x leverage.

No Spot Trading
0.025% Maker
0.045% Taker
240+ Cryptos
30+ TradFi Assets
$9+ Billion

Alternative

Oldest Crypto derivatives exchange in the world with low fees and 150x leverage.

 

14+ Million Users

Gate.io is a popular crypto exchange known for its extensive list of 1300+ altcoins. Altcoingem hunters will have a great time with exotic digital assets that are fairly new and have a lot of upside potential. By holding the Gate Token (GT), you can even unlock exclusive fee discounts.

0.1% Maker
0.1% Taker
0.015% Maker
0.05% Taker
1300+ Cryptos
210+ Contracts
$2+ Billion

Alternative

Gate.io is a good option for crypto traders looking for altcoins on the spot market.

 

20+ Million Users

Kraken is a fully regulated and licensed crypto exchange located in the United States. With a user-friendly interface, low fees, and an advanced futures market, Kraken is a one-stop shop for crypto enthusiasts seeking a reliable trading platform.

0.16% Maker
0.26% Taker
0.02% Maker
0.05% Taker
250+ Cryptos
143+ Contracts
$1.5+ Billion

Alternative

Kraken excels as one of the best crypto exchanges with solid regulatory standing.

🏆 Best Exchanges in US

Zoomex logo icon

Zoomex

Best no-KYC crypto exchange

btcc logo crypto exchange

BTCC

Best derivatives exchange in US

BYDFI logo icon

BYDFi

200x leverage futures trading

Kraken exchange logo

Kraken

Oldest crypto exchange in US

Coinbase

Beginner-friendly newbie exchange

Binance US logo icon

Binance US

Limited US Binance Version

🏆 Best Exchanges in Germany

1. Bitget

Best crypto exchange overall in Germany

2. Bitpanda

Basic beginner crypto exchange in Germany

Bybit crypto exchange logo

3. Bybit

$30,000 sign up bonus!

4. OKX

World class derivatives trading!

5. eToro

TradFi + Crypto exchange in Germany

Zoomex logo icon

6. Zoomex

Best no-KYC crypto exchange in Germany

🏆 Best Exchanges in the UK

Bitget

Best overall crypto exchange in UK

MEXC Exchange Logo

MEXC.

Lowest fees, highest profits!

OKX

World class derivatives trading!

Binance

Largest crypto exchange in UK

Huobi

Great overall crypto exchange in UK

Zoomex logo icon

Zoomex

Best tier no-KYC exchange in UK

🏆 Best Exchanges in Canada

Bitget

Overall best crypto exchange in Canada

Phemex crypto exchange logo icon

Phemex

Top tier no-KYC exchange!

VirgoCX

Beginner exchange for newbies in Canada

BYDFi

Licensed United States exchange!

MEXC Exchange Logo

MEXC

Lowest fees, highest profits!

Kraken exchange logo

Kraken

Oldest crypto exchange in Canada