Like any other crypto exchange, the Phemex crypto trading platform generates revenue by charging fees to its users. These fees however are small, and since there are many traders on the platform, it is affordable to use the exchange for crypto derivatives trading. In this guide, we will be detailing the exact fees of Phemex.
The main type of fee charged on the Phemex platform is trading fees. This fee is charged on each order you make on the platform.
The maker fee on Phemex is -0.025% and the taker fee is 0.075%.
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Funding rates (fees) are a type of interest-based fee you see on crypto derivatives exchange when using leverage. This is a rate which is charged every 8 hours and the percentage of which changes depending on the market conditions.
Learn more about Phemex’s funding rate here.
There are currently no deposit fees on Phemex – all deposits are completely free.
The withdrawal fee on Phemex is a set rate of 0.0005 BTC.