In short: the difference
HTX is a venue with bots and a Web3 side. On the market since 2013, jurisdiction: Seychelles, its own HTX token.
Phemex is an exchange with a strong futures side. On the market since 2019, jurisdiction: Samoa.
What HTX gives you
Next to a derivatives terminal, HTX answers with something else: A venue with history since 2013 and the cheapest USDT withdrawal we cover — 0.001 on BTT. Spot across nearly six hundred pairs, perpetual futures, P2P in dozens of currencies, savings and staking under HTX Earn, Primepool launches and copy trading. Thirteen withdrawal networks.
Strong sides: the cheapest USDT withdrawal we cover, a broad P2P, running since 2013.
What Phemex gives you
The rival’s service list is wide, yet Phemex wins on other things: 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.
Strong sides: an even book, open data, the funding interval stated per contract.
What decides it
- Age. HTX 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. HTX sits in Seychelles, Phemex in Samoa. It shapes both the checks you pass and what the venue has to disclose.
- Native token. HTX on HTX cuts fees and opens launches; Phemex has no such lever.
- Strengths side by side. HTX: the cheapest USDT withdrawal we cover, a broad P2P, running since 2013; Phemex: an even book, open data, the funding interval stated per contract.
- Which job. HTX is for anyone who moves coins between venues often, while Phemex is as an additional venue in cross-exchange routes and funding.
- Worth remembering. HTX: the spot fee is above the average here — keep it in your maths. Phemex: a narrow listing next to the Asian venues.
Which one fits you
HTX — for anyone who moves coins between venues often.
Phemex — as an additional venue in cross-exchange routes and funding.
What people ask most
HTX: Is there P2P? Yes, a broad section covering dozens of currencies. The usual flow: pick an offer, pay the seller, the crypto leaves escrow.
HTX: What else does HTX offer? Almost six hundred spot pairs, over three hundred and fifty perpetual contracts, HTX Earn savings and staking, Primepool and Primelist launches, copy trading and its own discount token.
HTX: Why did Huobi become HTX? A 2023 rebrand. The name changed, but the venue remains one of the oldest on the market, running since 2013.
Phemex: What is the funding interval on Phemex? Eight hours on most contracts, and the exchange states it per contract, so there is no guessing. Our funding section annualises from the real interval.
Phemex: Why do Phemex prices look strange in its API? They are served as scaled integers: 160700000 at a scale of eight is 1.607. The scale differs per market and lives in the product directory.
Phemex: Does Phemex have its own token? No, it has no exchange token.
Both at once
Nothing stops you from opening an account on both: it is free, and a pair of venues almost always beats any single one on price. Spot and earn stay on the ecosystem, contracts on the terminal. Moving between them costs pennies on the right network.
Live numbers
Everything in the table above is recomputed together with the rest of the site — pairs, contracts, P2P, networks and the withdrawal fee. HTX and Phemex can be compared on facts rather than promises.
What the numbers say
The spot lists differ by 3.9× — 579 USDT pairs on HTX, 150 on the other side. The futures list runs longer on HTX: 364, against 123. Of the two, only HTX publishes a USDT withdrawal price: 0.0100, chain BSC. P2P advertisements reach us from HTX alone: 89 currencies.
Snapshot from 30 September 2026; on the page the figures refresh on every visit.
HTX
Phemex