Phemex
BigONEIn short: the difference
How Phemex differs from BigONE
What Phemex is: an exchange that lives on leverage. On the market since 2019, jurisdiction: Samoa.
What BigONE is: a venue with bots and a Web3 side. On the market since 2017, jurisdiction: Seychelles, its own ONE token.
What Phemex gives you
Compared with an ecosystem, Phemex leans on its own strengths: 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 BigONE gives you
The terminal is strong on contracts, but BigONE has its own ground: BigONE has been running since 2017, founded by people who came from the Yunbi exchange. Spot stands at nine hundred pairs, derivatives at a hundred perpetuals with a rate, an accrual interval and a mark price on each. Margin trading, leveraged tokens, staking and its own ONE token for discounts sit alongside. Everything is served openly, including the size of the best quotes.
Where BigONE is strong
~900 pairs and 100 contracts, best quotes with sizes, an open network directory with withdrawal fees, the ONE token for discounts.
What decides it
Fees, withdrawals and limits: where the gap shows
- Jurisdiction. Phemex sits in Samoa, BigONE in Seychelles. It shapes both the checks you pass and what the venue has to disclose.
- Native token. ONE on BigONE cuts fees and opens launches; Phemex has no such lever.
- Strengths side by side. Phemex: an even book, open data, the funding interval stated per contract; BigONE: ~900 pairs and 100 contracts, best quotes with sizes, an open network directory with withdrawal fees, the ONE token for discounts.
- Which job. Phemex is as an additional venue in cross-exchange routes and funding, while BigONE is as an additional venue in spot routes and funding.
- Worth remembering. Phemex: a narrow listing next to the Asian venues. BigONE: the top of the book is thin: on major coins the best price often holds only a hundred dollars or two.
Which one fits you
Who Phemex suits
Phemex — as an additional venue in cross-exchange routes and funding.
Who BigONE suits
BigONE — as an additional venue in spot routes and funding.
What people ask most
Questions about Phemex
Phemex: Does Phemex have its own token? No. Instead there is the Premium subscription with reduced fees, so the discount does not depend on an asset price.
Phemex: Does Phemex take part in your spot arbitrage? Yes. The venue serves its order book for every pair in one list, so comparing its prices with other venues is sound.
Phemex: What makes Phemex useful for routes? An even order book and fast fills. As a secondary venue it gives you a second price to compare against, rather than another hundred coins with empty books.
Questions about BigONE
BigONE: What does a BigONE withdrawal cost? The venue charges no deposit fee of its own, and the withdrawal fee is dynamic: it depends on the asset, the network and current blockchain load, and the exact amount is shown in the withdrawal form before you confirm.
BigONE: Can coins bought in Alpha be withdrawn? Per the venue's own guide, assets in the Alpha account are meant for trading and cannot be withdrawn the ordinary way. That is worth knowing before buying.
BigONE: How does BigONE Eurasia differ from ordinary BigONE? It is a separate legal entity registered in the AIFC and supervised by AFSA. Its regulated perimeter covers deposits and withdrawals, spot exchange, OTC and custody, while margin and lending are not included. An account on one venue does not open the other.
Both at once
When it makes sense to keep accounts on both Phemex and BigONE
Most people end up keeping both: one for daily trades, the other for what the first one lacks. Spot and earn stay on the ecosystem, contracts on the terminal. Moving between them costs pennies on the right network.
Live numbers
Live Phemex and BigONE prices side by side
The table above is built from our own market snapshots: USDT pairs, perpetual contracts, P2P ads and currencies, withdrawal networks and the cheapest one. Phemex and BigONE 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
What differs most in the Phemex and BigONE numbers
We can price the USDT withdrawal on BigONE alone — 0.78 over ETH. Counting spot pairs, BigONE comes out ahead by 5.9×: 880 USDT pairs against 149. Phemex carries more perpetuals: 129 where the other has 97.
Where these numbers come from
Every value in the table is read from the venues themselves: pairs, networks, fee tiers, P2P currencies. We add no estimates of our own and spell out the fields that are missing.
How fresh this snapshot is
Snapshot from 12 November 2026; on the page the figures refresh on every visit.
