Bitgetvs
PhemexCrypto Exchange Comparison
In this head to head, Bitget and Phemex compete on scale, fees, and trading features, testing how coin depth and fee models influence costs and usability.
Who should choose Bitget vs Phemex?
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose Bitget if you want a broad altcoin catalog and transparent reserves, plus strong copy trading that connects you to 120,000+ elite traders, extensive mobile access, and 24/5 multilingual support.
Choose if…
Choose Phemex if you value a high-performance futures engine and a paid zero maker fee option on spot trading, backed by institutional founders and a transparent, Merkle tree proof of reserves, plus mobile access and 24/5 multilingual support.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Bitget vs Phemex: Side-by-Side Crypto Exchange Comparison
| Criteria |  Bitget |  Phemex |
|---|---|---|
| Editorial score | 4.0/ 5 | 3.9/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | N/A |
| Taker Fee | 0.10% | 0.10% |
Bitget vs Phemex Crypto Exchange Pros & Cons
Pros
- Best-in-class copy trading (120,000+ elite traders)
- 800+ listed coins - broad altcoin coverage
- Competitive 0.10%/0.10% spot fees; 0.02%/0.06% futures
- $300M User Protection Fund
- Monthly Proof of Reserves published
- No deposit fees
Bitget vs Phemex: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
Bitget
criteria win
0
Phemex
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | Bitget | Phemex |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Pass |
| Proof of reserves published | Pass | Pass |
| Segregated client funds | Fail | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Pass | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
Bitget vs Phemex: Frequently Asked Questions
The scores are close: Bitget rates 4/5 and Phemex rates 3.9/5. Bitget has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Neither Bitget nor Phemex requires a minimum deposit, making both accessible regardless of starting capital.
Bitget is regulated by AUSTRAC. Phemex is regulated by authorities listed on their website. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
Minimum deposit and negative balance protection data are not confirmed for this pair. Check the regulatory body for each exchange, as the licence tier is a reliable proxy for client fund safety. Also compare demo account availability and educational resources on each exchange's site.
Bitget offers up to 125:1 on perpetual or margin products, versus Phemex's 100:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Both Bitget and Phemex charge the same commission of $0.1 per trade on applicable accounts. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Bitget supports Bitget, while Phemex supports Proprietary Web/Mobile. Bitget has exclusive access to Bitget. Phemex has exclusive access to Proprietary Web/Mobile.
Bitget and Phemex show similar security profiles in our data. For both exchanges, verify their current cold storage policy and whether they publish proof of reserves before depositing funds.
Both Bitget and Phemex offer staking according to our data. Compare the supported coins, lock-up periods, and estimated annual yields on each exchange before committing funds.
Bitget lists 500+ coins while Phemex does not meet this threshold in our data. For traders who want access to many altcoins, Bitget has the broader selection. Confirm specific coin availability for your region on each exchange's website.
