Gate.iovs
PhemexCrypto Exchange Comparison
Two native crypto exchanges stand side by side as rivals in asset depth, fee structure and tooling. The tension centers on coin coverage and platform capabilities.
Who should choose Gate.io vs Phemex?
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose Gate.io if you want the broadest asset selection and transparent pricing.
Choose if…
Choose Phemex if you want zero-maker-fee spot trading with a premium membership and fast execution.
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
Gate.io vs Phemex: Side-by-Side Crypto Exchange Comparison
| Criteria |  Gate.io |  Phemex |
|---|---|---|
| Editorial score | 4.0/ 5 | 3.9/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | N/A |
| Taker Fee | 0.20% | 0.10%▼ lower |
Gate.io vs Phemex Crypto Exchange Pros & Cons
Pros
- 1,700+ listed tokens - among the broadest non-Binance selections available
- Monthly Proof of Reserves with Merkle tree attestation
- Competitive futures fees: 0.02% maker / 0.05% taker
- Copy trading and staking available alongside spot and futures
- AUSTRAC registered (Australia) and MiCA-compliant EU entity
- No deposit fees
Gate.io vs Phemex: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
Gate.io
criteria win
0
Phemex
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | Gate.io | 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 |
Gate.io vs Phemex: Frequently Asked Questions
The scores are close: Gate.io rates 4/5 and Phemex rates 3.9/5. Gate.io 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 Gate.io nor Phemex requires a minimum deposit, making both accessible regardless of starting capital.
Gate.io is regulated by AUSTRAC, CIMA. 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.
Gate.io offers up to 100:1 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.
Phemex charges $0.1 per trade, lower than Gate.io's $0.2 per trade. Lower commissions benefit active traders who execute many trades per day. 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.
Gate.io supports Proprietary Web/Mobile, while Phemex supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile.
Gate.io 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 Gate.io 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.
Gate.io lists 500+ coins while Phemex does not meet this threshold in our data. For traders who want access to many altcoins, Gate.io has the broader selection. Confirm specific coin availability for your region on each exchange's website.
