Compare
PH Phemex VS WB WhiteBit
Both exchanges offer Spot, Perpetual futures. The differences below come from our individual reviews of Phemex and WhiteBit.
| Phemex | WhiteBit | |
|---|---|---|
| Founded | 2019 | 2018 |
| 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. | Available across most of Europe and a wide range of other regions; a separate whitebit.eu platform under an Austrian MiCA license is rolling out for EEA users specifically. Not available to US customers. |
| Products | Spot, Margin, Perpetual futures, Copy trading, Earn / lending | Spot, Margin trading, Perpetual futures, Staking and lending (WhiteBit Earn) |
| 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) | Flat 0.1% spot fee for most users, with a published rebate schedule for market makers on futures; verify current tier before trading size |
| 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) | Flat 0.1% spot fee for most users; verify current futures schedule, as tiers and rebates change |
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
WhiteBit pros
- One of the larger European exchanges by user count and traffic, with a straightforward flat 0.1% spot fee
- A genuine, unusually visible marketing and product partnership with FC Barcelona, extended in 2026 through 2030, that funds real product development like a co-branded debit card
- No reported hack of its cold storage since launching in 2018, backed by third-party proof-of-reserves audits and a stated $30 million insurance fund
- Actively pursuing EU regulatory legitimacy through a MiCA license in Austria, ahead of many competitors still operating on older, narrower registrations
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.