Phemex
CoinstoreIn short: the difference
How Phemex differs from Coinstore
First in the pair, Phemex, is a venue built for leveraged trading. On the market since 2019, jurisdiction: Samoa.
Second in the pair, Coinstore, is the place where new coins show up first. On the market since 2020, jurisdiction: Singapore.
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 Coinstore gives you
The terminal is strong on contracts, but Coinstore has its own ground: An early-listing venue: a token often trades here before it reaches the big exchanges. 423 USDT pairs in our scanner, best quotes with sizes, and a coin reference that carries what the other new venues lack — contract addresses.
Where Coinstore is strong
contract addresses, withdrawal fees and chain status in one reference, order-book sizes in the snapshot, early listings.
What decides it
Fees, withdrawals and limits: where the gap shows
- Jurisdiction. Phemex sits in Samoa, Coinstore in Singapore. It shapes both the checks you pass and what the venue has to disclose.
- Strengths side by side. Phemex: an even book, open data, the funding interval stated per contract; Coinstore: contract addresses, withdrawal fees and chain status in one reference, order-book sizes in the snapshot, early listings.
- Which job. Phemex is as an additional venue in cross-exchange routes and funding, while Coinstore is as a source of early listings and the second side in spot routes.
- Worth remembering. Phemex: a narrow listing next to the Asian venues. Coinstore: the reference is served one coin per request, so we collect it in batches, and the ticker symbol has no separator — the venue stays out of triangular arbitrage.
Which one fits you
Who Phemex suits
Phemex — as an additional venue in cross-exchange routes and funding.
Who Coinstore suits
Coinstore — as a source of early listings and the second side in spot routes.
What people ask most
Questions about Phemex
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.
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.
Questions about Coinstore
Coinstore: How much does a USDT withdrawal from Coinstore cost? It depends on the chain: TRON costs 8 USDT, Ethereum, Solana, Arbitrum and Avalanche 2–3, BNB Chain 1 and Polygon 0.15. A fiftyfold gap, so the chain is chosen before the withdrawal.
Coinstore: Does Coinstore publish contract addresses? Yes, and that is its strong side. We read the addresses from its reference and use them to match coins in the DEX arbitrage section, dropping routes where one ticker hides different tokens.
Coinstore: Why is Coinstore missing from triangular arbitrage? Its symbols come glued with no separator, so the boundary between coin and quote currency cannot be parsed reliably. We would rather show no route than a wrong one.
Both at once
When it makes sense to keep accounts on both Phemex and Coinstore
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. 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 Phemex and Coinstore 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. Phemex and Coinstore 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 Phemex and Coinstore diverge the most
Only Coinstore gives a measurable USDT withdrawal: 0.15 over POLYGON. The spot lists differ by 2.8× — 421 USDT pairs on Coinstore, 149 on the other side.
The source of these values
Pair counts, withdrawal networks, fee rates and the P2P currency list come from the exchanges own public interfaces. Where a venue withholds a field, the table shows a dash and an explanation.
Date of the last recalculation
Snapshot from 12 November 2026; on the page the figures refresh on every visit.
