Compare
GT Gate.io VS PH Phemex
Both exchanges offer Spot, Margin, Perpetual futures, Copy trading. The differences below come from our individual reviews of Gate.io and Phemex.
| Gate.io | Phemex | |
|---|---|---|
| Founded | 2013 | 2019 |
| Regions | Available in most regions outside the US for most of its history; added regulated US spot trading in August 2025. Operates from the Cayman Islands with regional teams rather than a single onshore headquarters. | Available in most regions outside the US, UK, Canada, and a growing restricted list that has recently added Australia, Hong Kong, and South Africa; EU access continues without MiCA authorization: verify local availability before signing up. |
| Products | Spot, Margin, Perpetual futures, Copy trading, Launchpad (new-token offerings) | Spot, Margin, Perpetual futures, Copy trading, Earn / lending |
| Maker fee | Verify current tier: Gate.io uses a volume-based maker/taker schedule | Verify current tier: Phemex uses a volume-based maker/taker schedule (spot starts around 0.1%/0.1%; futures maker fees are among the lowest of any major exchange, around 0.01% at entry tier) |
| Taker fee | Verify current tier: Gate.io uses a volume-based maker/taker schedule | Verify current tier: Phemex uses a volume-based maker/taker schedule (futures taker fees run above the industry average, around 0.06% at entry tier) |
Gate.io pros
- One of the widest altcoin listings in the industry, often ahead of larger competitors on new tokens
- Long operating history (since 2013) and a large, regularly updated Merkle-tree proof-of-reserves program
- Broad product suite in one account: spot, margin, futures, copy trading, staking, and a token launchpad
- Recently added regulated US spot access, unusual for an exchange with Gate.io's offshore structure
Phemex pros
- Entry-tier futures maker fee (around 0.01%) is lower than Binance, Bybit, or OKX at equivalent volume
- Broad leverage ceiling, up to 100x on major pairs, for traders who specifically want it
- Copy trading with multiple position-sizing modes (fixed margin, multiplier, smart ratio) rather than a single one-size-fits-all follow function
- Fast recent growth in listed assets and user base, now covering 600+ tokens plus tokenized stock and metals futures
This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.