Phemex Trading Fees
Phemex trading fees (spot maker/taker, futures), KYC requirements and regulatory status — data with sources.
Data reviewed byJason Lee About us → Phemex fees in brief
- Spot trading on Phemex costs 0.1% maker and 0.1% taker: a $1,000 market order (taker) pays $1.00, a $1,000 limit order that rests on the book (maker) pays $1.00.
- Among 20 exchanges with a confirmed spot taker fee, 3 charge less and 8 charge the same; the median is 0.1%.
- Futures on Phemex cost 0.01% maker and 0.06% taker, charged on position size: $0.60 per $1,000 as taker, $0.10 as maker. Futures fee breakdown →
- Among 17 exchanges with a confirmed futures taker fee, 12 charge less and 3 charge the same; the median is 0.05%.
- Paying fees in PT gives a 20% discount, per the Phemex fee page.
- Withdrawal fees on the default network: 1 USDT for USDT, 0.000015 BTC for BTC. Withdrawal fee breakdown →
Generated only from the values on this page, each linked to its official source. No scores, no rankings.
Fees
How these numbers were read
Fees — VIP 0 (base tier), no PT deduction. Spot 0.1% maker / 0.1% taker; contracts 0.01% maker / 0.06% taker for USDⓈ-M (USDT/USDC-margined) perpetuals, per the Help Center 'Phemex Trading Fee Structure' table. PT deduction is 20% on spot and 10% on USDT contracts (spot figure recorded). [Withdrawal fees checked 2026-10-28 via the Deposit/Withdrawal tab of the official Fees & Conditions page, read in-browser (the public API has no fee field): BTC 0.000015 BTC on BTC (cheapest: BNB 3.1e-7); USDT 1 USDT on TRX (cheapest: BNB 0.01). The exchange adjusts them with network conditions.]
KYC required — KYC is not required to deposit or for limited trading; it is required to withdraw (Non-KYC 24h withdrawal limit 0 USDT, KYC-verified 2,000,000 USDT) and for fiat/card services.
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More from Reviewer’s Insight
Full specification
| Fees | |
|---|---|
| Spot maker | 0.100% ↗ |
| Spot taker | 0.100% ↗ |
| Futures maker | 0.010% ↗ |
| Futures taker | 0.060% ↗ |
| Cost of a $1,000 spot taker trade | $1.00 ↗ |
| Cost of a $1,000 futures taker trade | $0.60 ↗ |
| Fee discount with platform token | 20% ↗ PT |
| BTC withdrawal fee | 0.000015 BTC ↗ |
| USDT withdrawal fee | 1 USDT ↗ |
| Products & features | |
| Listed coins | 600 ↗ |
| Max futures leverage | 100× ↗ |
| Copy trading | Yes ↗ |
| Earn / staking | Yes ↗ |
| Fiat deposit methods | Bank transfer · Card |
| API trading | Yes ↗ |
| Mobile app | Yes ↗ |
| Trust & regulation | |
| Licenses & registrations | 2 Poland, United States |
| Recorded security incidents | 1 2025 |
| Proof of reserves | Yes ↗ |
| User protection fund | Yes ↗ |
| KYC required | No ↗ |
| Founded | 2019 ↗ |
| Headquarters | Not disclosed |
| Access & support | |
| Interface languages | 10 en, ru, ko, ja, es, de, fr, tr … |
| Live chat support | Yes ↗ |
| Users (exchange’s own claim) | 10M ↗ |
Frequently asked questions
What are Phemex’s spot trading fees?
Phemex charges 0.1% maker and 0.1% taker on spot trades at the base tier. A $1,000 taker order costs $1.00 in fees.
Does Phemex offer futures, and what are the fees?
Yes. Phemex’s futures fees are 0.01% maker and 0.06% taker. Maximum leverage is 100×.
Does Phemex require KYC?
No. Phemex does not require identity verification (KYC) to place orders.
How much does it cost to withdraw from Phemex?
Recorded withdrawal fees on Phemex: 0.000015 BTC for BTC and 1 USDT for USDT. Fees depend on the network used.
Is Phemex licensed or regulated?
Phemex has 2 recorded license(s) or registration(s): Poland and United States.
Has Phemex had security incidents?
1 incident(s) are recorded for Phemex: 2025 — Hot wallet compromised on 23 Jan 2025 (11:30 UTC); deposits and withdrawals suspended across multiple chains, restored in stages by 26 Jan. Phemex did not disclose a loss figure; third-party estimates ranged from USD 29M to 85M..
How many coins does Phemex list?
Phemex states 600 listed coins on its official pages.
Every answer is generated from the values above and their official sources — nothing is added that the data does not show.