Binance vs Phemex Trading Fees
Binance and Phemex fee comparison — maker/taker rates, zero-fee spot membership, leverage, liquidity, and which exchange suits your trading style.
Binance
Advantages
- Lower futures taker fee: 0.040% vs 0.060%
- Higher max leverage: 125× vs 100×
- Industry-leading liquidity on all pairs
- BNB token discount (10%)
- Much larger altcoin selection
Disadvantages
- Higher futures maker fee: 0.020% vs 0.010%
- No zero-fee spot trading option
Phemex
Advantages
- Lower futures maker fee: 0.010% vs 0.020% — advantage for limit-order traders
- Zero spot trading fees with premium membership
- Simpler and cleaner interface
Disadvantages
- Higher futures taker fee: 0.060% vs 0.040%
- No exchange token discount
- Much lower liquidity on major pairs
- Smaller altcoin selection
Fee Reference
FeatureBinancePhemex
Futures maker fee0.020%0.010%
Futures taker fee0.040%0.060%
Spot maker fee0.100%0.100% (0% with premium)
Spot taker fee0.100%0.100% (0% with premium)
Zero spot tradingNoYes (paid premium)
Exchange token discountBNB (10%)None
Max futures leverage125×100×
BTC futures liquidityIndustry leadingModerate
Altcoin selectionVery wideModerate