Compare
PH Phemex VS PL Poloniex
Both exchanges offer Spot, Margin, Perpetual futures. The differences below come from our individual reviews of Phemex and Poloniex.
| Phemex | Poloniex | |
|---|---|---|
| Founded | 2019 | 2014 |
| Regions | 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. | Blocked entirely for US customers since December 2019, along with Cuba, Iran, North Korea, Sudan, and Syria; primarily serves retail, margin, and futures traders outside those jurisdictions. |
| Products | Spot, Margin, Perpetual futures, Copy trading, Earn / lending | Spot, Margin, Perpetual futures |
| Maker fee | 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) | Verify current tier: Poloniex's base spot tier runs 0.2% maker and 0.2% taker, stepping down through its Plus tiers toward 0% maker at the higher levels; futures run a separate flat schedule around 0.01% maker |
| Taker fee | 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) | Verify current tier: spot taker fees fall toward roughly 0.04% to 0.06% at the higher Plus tiers; futures taker fees run around 0.075% flat regardless of volume |
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
Poloniex pros
- One of the longest continuously operating exchanges in crypto, dating back to 2014 and predating most of its current competitors
- Recovered from its November 2023 hack with user funds restored within about a week, backed by Justin Sun's personal capital
- Full spot, margin, and futures product set under one account
- Low advertised futures fees relative to many offshore derivatives platforms
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.