Compare Bitfinex and Phemex

Trust, liquidity, pairs, and spot markets — side by side.

BitfinexPhemex
Trust score87
Total coins listed62147
24h volume (BTC)12,175.83 BTC9,928.75 BTC

Key metrics

Side-by-side exchange metrics from CoinGecko.

BitfinexPhemex
Trust rank #31 #62
Trading pairs 137 166
Year established 2012 2019
Country British Virgin Islands Samoa
Type Centralized (CEX) Centralized (CEX)

Shared opportunities

Shared base assets with latest price, 24h volume, and last trade time on each exchange.

AssetBitfinexPhemexLast update
ETH
$2,620.80$392.56M vol
$2,617.25$142.68M vol
2 minutes ago
BTC
$84,327.00$81.75M vol
$84,094.01$324.19M vol
2 minutes ago
UDC
$1.0001$28.68M vol
$1.0004$88.68M vol
2 minutes ago
UDC
$1.0001$28.68M vol
$1.0003$86.23M vol
1 hour ago
XRP
$1.4764$7.99M vol
$1.4748$39.71M vol
1 hour ago
XRP
$1.4776$8.00M vol
$1.4718$39.62M vol
2 minutes ago
SOL
$118.96$3.49M vol
$118.69$24.78M vol
2 minutes ago
DOGE
$0.090957$253.57K vol
$0.090870$15.18M vol
2 minutes ago

Spot markets

Top spot pairs ranked by volume share — same layout as exchange detail pages.

Bitfinex

CoinPairPriceSpread24h VolumeVolume %Trust
ETH
ETH/USD$2,621.350.04%$392.56M38.34%Yellow
USDT
USDT/USD$1.00100.10%$230.91M22.55%Yellow
ETH
ETH/USDT$2,617.050.04%$88.08M8.58%Yellow
BTC
BTC/USD$84,345.000.02%$81.75M7.98%Yellow
BTC
BTC/USDT$84,219.000.02%$69.05M6.73%Yellow
ETH
ETH/BTC$2,618.360.03%$53.92M5.27%Yellow
UDC
UDC/USDT$0.9998910.10%$28.68M2.80%Yellow
UDC
UDC/USDT$0.9998790.10%$28.68M2.79%Yellow

Phemex

CoinPairPriceSpread24h VolumeVolume %Trust
BTC
BTC/USDT$0.9997380.02%$324.19M38.80%Yellow
ETH
ETH/USDT$0.9997380.02%$142.68M17.07%Yellow
USDC
USDC/USDT$1.00000.03%$88.68M10.62%Yellow
USDC
USDC/USDT$1.00000.03%$86.23M10.31%Yellow
XRP
XRP/USDT$1.47000.01%$39.71M4.75%Yellow
XRP
XRP/USDT$1.47000.03%$39.62M4.74%Yellow
TRX
TRX/USDT$0.3338130.39%$25.36M3.03%Yellow
SOL
SOL/USDT$118.660.05%$24.78M2.96%Yellow

Frequently asked questions

Answers about these exchanges and how the comparison is calculated.

What is Bitfinex?

Bitfinex is a cryptocurrency exchange where users can buy, sell, and trade various cryptocurrencies. It provides a platform for converting between different digital assets and fiat currencies.

What is Phemex?

Phemex is a cryptocurrency exchange where users can buy, sell, and trade various cryptocurrencies. It provides a platform for converting between different digital assets and fiat currencies.

Which is better: Bitfinex or Phemex?

The "better" exchange depends on your needs: consider trading fees, available coins, security features, user interface, customer support, and your geographic location. Compare their trust scores, trading volumes, and supported features to decide.

What is a trust score?

Trust score is a rating that evaluates exchange reliability based on liquidity, web traffic, proof of reserves, and regulatory compliance. Higher scores indicate more reputable exchanges.

What is the difference between CEX and DEX?

CEX (Centralized Exchange) is operated by a company holding custody of funds. DEX (Decentralized Exchange) operates on blockchain smart contracts for peer-to-peer trading without intermediaries.

What is 24-hour trading volume?

24-hour trading volume represents the total value of all trades executed on an exchange in the past 24 hours. Higher volume indicates better liquidity and tighter spreads.

Why do trading pairs matter?

Trading pairs represent which cryptocurrencies can be traded against each other. More pairs mean more flexibility in trading strategies and easier conversion between assets.