Nexo

Phemex vs AmberApp

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...

AmberApp Logo

AmberApp

AmberApp (formerly amber.) is a Bitcoin savings wallet. It offers DCA (dollar-cost averaging) tools and other automation that can help you easily acquire Bitcoin over time using your traditional bank account. AmberApp does not currently pay intere...

Platform
Phemex Platform
AmberApp Platform
Website
Bonus
$20 bonus
$10 BTC with first purchase
Token
Founded
2019
2017
Headquarters
Singapore
Australia
Availability
Worldwide
Australia, majority of USA

Cryptocurrency Rates

BTC Rate
0.8%
BTC Max
1.2%
ETH Rate
0.3%
ETH Max
0.5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
4.5%
Stablecoin Max
12%

Fees & Financial

Compounding
No
No
Payouts
Fees
Yes, flat transaction fee
Lockup
Maker Fee
0.01
Taker Fee
0.06
Phemex Logo

Phemex Pros

    • Flexible deposit terms

Phemex Cons

    • Rates lower than other exchanges
AmberApp Logo

AmberApp Pros

    • Instant buy, instant sell
    • Automated recurring purchases
    • EFT, Credit Card and PayID
    • USD withdrawals are free
    • Uses cold storage in a collaborative multi-signature setup for our custodial wallets

AmberApp Cons

    • Does not currently pay interest on holdings
    • Bitcoin withdrawals incur a flat 0.0003BTC (30,000 sats) transaction fee

Earn Interest on Crypto

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