Gate
PhemexIn short: the difference
How Gate differs from Phemex
First in the pair, Gate, is the place where new coins show up first. On the market since 2013, jurisdiction: Panama, its own GT token.
Second in the pair, Phemex, is a derivatives terminal. On the market since 2019, jurisdiction: Samoa.
What Gate gives you
The terminal is strong on contracts, but Gate has its own ground: A market veteran: live since 2013, and unmatched in our coverage for USDT withdrawal networks. Two thousand spot pairs, a thousand perpetuals. Beside them P2P, yield products, Startup launches, copy trading and trading bots; holders of the GT token pay less in fees.
Where Gate is strong
more USDT withdrawal networks than any other venue we cover, 2000 spot pairs, running since 2013.
What Phemex gives you
Against an early-listing venue, Phemex plays a different game: A derivatives venue founded by people from bank trading desks. A hundred and fifty spot pairs and a hundred and twenty perpetuals, each with its own funding rate. There is savings, copy trading and trading bots. The book is even and the data is served openly, which makes its prices sound to compare with other venues.
Where Phemex is strong
an even book, open data, the funding interval stated per contract.
What decides it
Fees, withdrawals and limits: where the gap shows
- Age. Gate has run since 2013, Phemex since 2019 — a gap of 6 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
- Jurisdiction. Gate sits in Panama, Phemex in Samoa. It shapes both the checks you pass and what the venue has to disclose.
- Native token. GT on Gate cuts fees and opens launches; Phemex has no such lever.
- Strengths side by side. Gate: more USDT withdrawal networks than any other venue we cover, 2000 spot pairs, running since 2013; Phemex: an even book, open data, the funding interval stated per contract.
- Which job. Gate is for anyone who values freedom of choice when moving coins between chains, while Phemex is as an additional venue in cross-exchange routes and funding.
- Worth remembering. Gate: the interface is dense with sections: finding the right one takes a while. Phemex: a narrow listing next to the Asian venues.
Which one fits you
Who Gate suits
Gate — for anyone who values freedom of choice when moving coins between chains.
Who Phemex suits
Phemex — as an additional venue in cross-exchange routes and funding.
What people ask most
Questions about Gate
Gate: What does trading on Gate cost? Tier zero is 0.10% for maker and taker. A sixteen-step ladder takes it to a zero maker fee and 0.020% taker at the top. Ordinary crypto contracts start at 0.020% and 0.050%.
Gate: What does the GT token give me? A fee discount and access to exchange programmes, including early sales.
Gate: How trustworthy is Gate? The exchange has been running since 2013 and publishes proof of reserves regularly — by industry standards those are good signs. Such a publication is not a full audit.
Questions about Phemex
Phemex: What is the funding interval on Phemex? Eight hours for most contracts, and the exchange states it per contract. Our funding section annualises from the real interval rather than assuming eight hours.
Phemex: Does Phemex have P2P? No. You fund the account with crypto from another wallet or through the exchange’s external payment services.
Phemex: Why is Phemex missing from the transfers section? It publishes the list of networks but not the withdrawal fees — its reference has no field for the charge at all. Showing networks without a price would be pointless.
Both at once
When it makes sense to keep accounts on both Gate and Phemex
Keeping both costs less than it seems: signing up is free, and a choice of two quotes usually beats one. The coin is bought where it already trades, moved across and shorted with a contract on the other — that locks the price while the transfer runs.
Live numbers
Live Gate and Phemex prices side by side
The figures above do not come from marketing pages: we compute them from the same market snapshots as the rest of the site. Gate and Phemex can be compared on facts rather than promises.
Where these numbers come from
Prices are read straight from the venues and refresh automatically. There is no averaged rate here: each exchange has its own, which is why both are shown side by side.
How often they refresh
Spot and futures every few seconds; fee tiers and withdrawal networks once a day.
What the numbers say
Where Gate and Phemex diverge the most
Only Gate gives a measurable USDT withdrawal: 0.0500 over ARBITRUM. Counting spot pairs, Gate comes out ahead by 13.5×: 2,006 USDT pairs against 149. The futures list runs longer on Gate: 1,085, against 129. P2P data comes from Gate only — 72 currencies.
Where these numbers come from
Pair counts, withdrawal chains, fee tiers and P2P currencies are taken from the venues own public references, not from our judgement. Where a venue does not publish a field, we say so plainly instead of filling in a number.
Date of the last recalculation
Snapshot from 13 November 2026; on the page the figures refresh on every visit.
