Backpack Exchange
Backpack
Not-custodial hybrid (funds user self-custody); ZK-proof; Solana; VASP Dubai. relatively new; VASP Dubai not MiCA EU. Early stage; VASP Dubai (not MiCA); exchange relatively new
Data & conditions
| Maker / Taker fee | 0.08% / 0.1% |
|---|---|
| Markets | Spot + Derivatives |
| Supported assets | 80+ |
| Fiat on-ramp | Yes |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | APAC, MENA, EEA · 30+ countries |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | VASP Dubai VASP Dubai |
Strengths
- Not-custodial hybrid (funds user self-custody); ZK-proof; Solana; VASP Dubai.
Weaknesses
- relatively new; VASP Dubai not MiCA EU.
Verdict
Not-custodial hybrid (funds user self-custody); ZK-proof; Solana; VASP Dubai. relatively new; VASP Dubai not MiCA EU. Early stage; VASP Dubai (not MiCA); exchange relatively new
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
What are Backpack Exchange's fees?
On Backpack Exchange, spot fees are maker 0.08% / taker 0.1%. They drop with monthly volume and VIP tier.
Is Backpack Exchange regulated in Europe?
Regulatory status of Backpack Exchange: VASP Dubai. Licence: VASP Dubai.
Does Backpack Exchange publish Proof of Reserves?
Proof of Reserves publication is not documented for Backpack Exchange. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Backpack Exchange?
No, Backpack Exchange is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Backpack Exchange support derivatives and futures?
Backpack Exchange offers derivatives trading.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).