Our Fees

Our OTC trading offers institutional-grade services. The bigger the transaction, the lower the fees.
Trade Size are shown in USD equivalent
Trade Size$50 ~ $499$500 ~ $1,999$2,000 ~ $4,999$5,000 ~ $9,999$10,000 ~ $49,999$50,000 ~ $99,999$100,000 ~ $499,999$500,000 ~ $100,000,000
Deposit fee$0$0$0$0$0$0$0$0
Trade fee2.00%1.50%1.50%1.50%1.00%0.50%0.10%0.08%
Withdrawal fee$30$30$30$30$0$0$0$0
Trade Size Deposit fee Trade fee Withdrawal fee
$50 ~ $499 $0 2.00% $30
$500 ~ $1,999 $0 1.50% $30
$2,000 ~ $4,999 $0 1.50% $30
$5,000 ~ $9,999 $0 1.50% $30
$10,000 ~ $49,999 $0 1.00% $0
$50,000 ~ $99,999 $0 0.50% $0
$100,000 ~ $499,999 $0 0.10% $0
$500,000 ~ $100,000,000 $0 0.08% $0
FAQ
No, Phemex will not charge users any transaction fee. But third-party service providers charge transaction fees for crypto purchase. Please check the official website of the respective service provider for the actual fee.
The prices quoted on Phemex are derived from prices provided by third-party service providers, and are for references only. It may differ from the final quote due to market movement or rounding error. Please refer to the respective service providers' official website for accurate quotes.
Type Deposit Arrival Time Supported Fiat
SEPA 1-2 Working days EUR, GBP
FPS (Faster Payments, UK only) 1 minutes - 2 Hours GBP
Bank ACH (US Domestic Banks only) 3 - 5 Working days USD
Wire Transfer (US Domestic) 2 Working days USD
Wire Transfer (International via SWIFT) 2 - 3 Working days USD, EUR, GBP, CHF, AUD, CAD, JPY
Debit Card/Credit Card (Global) Instant USD, EUR, GBP, CHF, AUD, CAD, JPY
Yes,for first-time purchase, KYC Identity Verification is necessary for transaction security. But if KYC is completed on Phemex, KYC is not required again on the third-party provider platforms.
According to our third-party providers, there are two main reasons for the delay:
(a) Failure to submit proper KYC documents or suspicious activities.
(b) Fiat payment failed to successfully go through.

If you do not receive cryptocurrency in your Phemex account within normal arrival time, as stated in Question (When will I receive the cryptocurrency I purchased?),please reach out to the appropriate third-party provider or Phemex CS to seek immediate assistance.

You acknowledge that this service is provided by Legend Trading, The Leading US Regulated Crypto Trading Firm.

Phemex will not be responsible for any of the contents, advertisements, products, services, or other materials of any third party providers, nor does this link represent an endorsement or solicitation of any products or services provided on or via such websites.

We will not be liable for any loss or damage caused in connection with the use or reliance on any content or services available on or through any third-party website.

Should you have any issue during the use of this service, please reach out to the Legend Trading support team or Phemex Customer Support team to seek immediate assistance.