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Figure Markets
Phemex

Phemex

Phemex is a crypto exchange offering exceptionally low fees and powerful tools for trading. Phemex Earn Phemex Earn is a crypto lending product ...

Krak

Krak

Krak is a new simple crypto-powered mobile payment app by the popular Kraken crypto exchange. It is designed to be a crypto-friendly alternative to Ve...

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General

Platform
Phemex logo
Krak logo
Founded
Phemex 2019
Krak 2025
Headquarters
Phemex Singapore
Krak San Francisco, CA
Availability
Phemex Worldwide, excluding US
Krak Worldwide

Fees & Financial

Bonus
Phemex $20 bonus
Krak $10 bonus after $10 deposit with code: CIR
Token
Phemex
Krak
Compounding
Phemex No
Krak Yes
Payouts
Phemex
Krak Weekly
Fees
Phemex
Krak None
Lockup
Phemex
Krak None
Maker Fee
Phemex 0.01
Krak
Taker Fee
Phemex 0.06
Krak

Cryptocurrency Rates

BTC Rate
Phemex 1%
Krak 0.1%
BTC Max
Phemex 3%
Krak
ETH Rate
Phemex 1.5%
Krak 1%
ETH Max
Phemex 3%
Krak
Stablecoin Rate
Phemex 5%
Krak 3.6%

Unique Pros

  • Flexible deposit terms

Key Cons

  • Rates lower than other exchanges

Unique Pros

  • Simple, fee-free and rewarding app to manage crypto payments
  • Pays interest rewards on most coins
  • No lock ups

Key Cons

  • Rates are modest
  • New app with limited features vs full Kraken