LiveRegime NEUTRALBTC $78,977.99 +0.5%Tide OK -0.1795%/1hF&G 74 greedUpdated 19:24refresh in 0:30

Phemex: review, MiCA, reserves and score (2026)

Samoa#38Updated 7/3/2026
Exchange website
Summary (TL;DR)

Phemex is a crypto exchange. It is based in Samoa and was founded in 2019. We are verifying its MiCA status against the ESMA register. Its charliedesk score is 76 out of 100.

charliedesk score 76/100MiCA: Verifying24h volume $897M

Key facts

Founded
2019
HQ
Samoa
MiCA / CASP
Verifying · 7/3/2026
Ranking (CoinGecko)
#38
24h volume
$897M
Reserves
Fees (spot maker/taker)
not stated
KYC
not stated
Fiat deposit
not stated
charliedesk scoreout of 100
76
Trust · weight 35%8/10 80/100
Liquidity (24h volume) · weight 25%$897M 80/100
MiCA / regulation · weight 25%Verifying
Age · weight 15%2019 58/100

Objective composite: trust (35%), liquidity (25%), MiCA/regulation (25%) and age (15%). Unknown factors (e.g. unverified MiCA) are dropped and weights renormalised. No community votes, no paid placement.

MiCA / CASP
Verifying

We are still verifying the MiCA/CASP status against the ESMA register. Until we confirm it with a source, we do not state it, and we never guess.

Security & incidents

We have no significant security incidents on record for this exchange. This does not mean nothing ever happened, only that our curated record has nothing.

Curated by charliedesk from public sources. Amounts are the value at the time of the incident. Each entry links to its source.

About the exchange

Founded in 2019, Phemex is a centralized cryptocurrency exchange with over 10 million users across 150+ countries. The platform offers spot trading, derivatives trading, copy trading, and wealth management products. Phemex maintains a 100% Proof-of-Reserves and provides web and mobile interfaces, along with trading tools and order types used for execution and risk management. Phemex also offers order types and trading tools commonly used for execution and risk management, alongside account features related to portfolio and product access.

Description: CoinGecko

Community rating

Ratings from readers' own experience. Votes weighted by account age, no rewards, kept separate from affiliate links.

No ratings yet. Be the first.

Sign in to rate this exchange from your own experience.

Anti-shill: 1 account = 1 vote, votes weighted by account age, suspicious reviews can be reported. No paid placement.

FAQ

Is Phemex licensed in the EU (MiCA)?

We are still verifying Phemex's MiCA status against the ESMA register and do not state it until confirmed with a source.

Is Phemex safe and trustworthy?

Phemex's charliedesk score is 76/100 (trust, liquidity, MiCA and age). We show verifiable facts with sources and never advise what to buy, the decision is yours.

Has Phemex ever been hacked?

We have no significant security incident on record for Phemex.

Where is Phemex based and when was it founded?

Phemex is based in Samoa and was founded in 2019.

Other exchanges

Data: CoinGecko (trust, volume, description, logo). MiCA/CASP: ESMA register (verifying). Derivatives and reserves: Coinglass via syndicate. Score: charliedesk methodology. We never shill or tell you what to buy.