Is Phemex scam or legit?

No, Phemex is not a scam exchange. Phemex is legit and safe for its users. Its safety score is 6.6 out of 10.

Is Phemex safe for beginners?

Yes, Phemex is safe for beginners and has a user-friendly interface. However, always check that you deal with real Phemex and verify Phemex domain name within your browser.

Does Phemex offer beginner-friendly earn products?

Yes, Phemex offers certain beginner friendly earn products.

Has Phemex launched its own crypto coin?

We have not verified a widely marketed proprietary exchange token for Phemex. Some platforms use points, fee tiers, or regional products instead. This is not investment advice — check official documentation before buying any platform-linked asset.

Phemex

Name: Phemex exchange review
Item: Phemex
Rating: 6.6
Author: BitHunt.io

SamoaEst. 2019Official site

Safety

High

Yield

Medium

Volume24h volume$885.33M

Proof of reserveProof of reservesNo

IncidentsIncidents0

AuditsAudits1

Earn products

Top earn offers on Phemex

USDT

Flexible6.6

12.00%

Est. APY

Flexible

Flexible term

Show tiers

Tier 1: 0-200 USDT 12%; Tier 2: 200-20000 USDT 3.6%; Tier 3: 20000-500000 USDT 1%

USDC

Flexible6.6

5.50%

Est. APY

Flexible

Flexible term

Show tiers

Tier 1: 0-200 USDC 5.5%; Tier 2: > 200 USDC 0.88%

ETH

Flexible6.6

1.50%

Est. APY

Flexible

Flexible term

Show tiers

Tier 1: 0-0.02 ETH 1.5%; Tier 2: 0.02-4 ETH 1.31%

SOL

Flexible6.6

1.50%

Est. APY

Flexible

Flexible term

Show tiers

Tier 1: 0-1000 SOL 1.5%

BTC

Flexible6.6

0.28%

Est. APY

Flexible

Flexible term

Show tiers

Tier 1: 0-0.01 BTC 0.28%; Tier 2: 0.01-2 BTC 0.02%

Rates and terms change — verify on Phemex before subscribing.

			Conditions		Profile
USDT	Flexible	12.00% Est. APY	Flexible Flexible term Show tiers Tier 1: 0-200 USDT 12%; Tier 2: 200-20000 USDT 3.6%; Tier 3: 20000-500000 USDT 1%	6.6	—
USDC	Flexible	5.50% Est. APY	Flexible Flexible term Show tiers Tier 1: 0-200 USDC 5.5%; Tier 2: > 200 USDC 0.88%	6.6	—
ETH	Flexible	1.50% Est. APY	Flexible Flexible term Show tiers Tier 1: 0-0.02 ETH 1.5%; Tier 2: 0.02-4 ETH 1.31%	6.6	—
SOL	Flexible	1.50% Est. APY	Flexible Flexible term Show tiers Tier 1: 0-1000 SOL 1.5%	6.6	—
BTC	Flexible	0.28% Est. APY	Flexible Flexible term Show tiers Tier 1: 0-0.01 BTC 0.28%; Tier 2: 0.01-2 BTC 0.02%	6.6	—

Offers on this page are for Phemex exchange only. All the Phemex rates are updated every 24 hours, therefore actual Phemex yields may slightly differ.

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Phemex

Top earn offers on Phemex

Phemex Hack History & Security

Phemex: overview & transparency

Common questions

Score breakdown

Tools & yields

A short checklist that prevents most beginner mistakes

Phemex

Top earn offers on Phemex

Phemex Hack History & Security

Other exchanges like Phemex

Phemex: overview & transparency

Common questions

Score breakdown

Tools & yields

A short checklist that prevents most beginner mistakes