Nexo

Kraken vs Phemex

Kraken Logo

Kraken

Kraken is a digital asset exchange platform that was founded in 2011 and is headquartered in San Francisco, California. UK Residents: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you shou...

Phemex Logo

Phemex

Phemex is a crypto exchange offering exceptionally low fees and powerful tools for trading. Phemex Earn Phemex Earn is a crypto lending product from Phemex. Phemex Earn Does Phemex require KYC? Phemex does not require KYC, but it is li...

Platform
Kraken Platform
Phemex Platform
Website
Bonus
$20 bonus
Token
Founded
2011
2019
Headquarters
San Francisco, CA
Singapore
Availability
Worldwide, on-chain staking unavailable in the US and UK
Worldwide

Cryptocurrency Rates

BTC Rate
0.15%
0.8%
BTC Max
1.2%
ETH Rate
2.5%
0.3%
ETH Max
7%
0.5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
6.5%
4.5%
Stablecoin Max
12%

Fees & Financial

Compounding
No
No
Payouts
Once or twice a week, depending on coin
Fees
Yes
Lockup
Maker Fee
0.16
0.01
Taker Fee
0.26
0.06
Kraken Logo

Kraken Pros

    • Offers on and off-chain staking
    • Full exchange services

Kraken Cons

    • Interest rate will vary (Kraken takes a flat 15% from staking rewards)
Phemex Logo

Phemex Pros

    • Flexible deposit terms

Phemex Cons

    • Rates lower than other exchanges

Earn Interest on Crypto

Bitcoin logo BTC Bitcoin Ethereum logo ETH Ethereum Solana logo SOL Solana Ripple logo XRP Ripple Litecoin logo LTC Litecoin Dogecoin logo DOGE Dogecoin Circle logo USDC Circle Tether logo USDT Tether