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Kraken

AscendEX vs Backpack

VS

General

Platform
AscendEX logo
Backpack logo
Founded
AscendEX 2018
Backpack 2022
Headquarters
AscendEX Signapore
Backpack Tokyo, Japan
Availability
AscendEX Worldwide, excluding US
Backpack Worldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
AscendEX Invite code: UD4DBENEU
Backpack
Token
AscendEX ASD
Backpack
Compounding
AscendEX Yes
Backpack Yes
Payouts
AscendEX Daily
Backpack
Fees
AscendEX Varies
Backpack
Lockup
AscendEX None
Backpack Unbonding period applies
Maker Fee
AscendEX 0.1
Backpack 0.08
Taker Fee
AscendEX 0.1
Backpack 0.1

Cryptocurrency Rates

BTC Rate
AscendEX
Backpack 0.03%
BTC Max
AscendEX
Backpack
ETH Rate
AscendEX
Backpack 0.04%
ETH Max
AscendEX
Backpack
Stablecoin Rate
AscendEX 1.95%
Backpack

Pros

  • Wide variety of coins

Cons

  • Best rates are tied to promotions

Pros

No pros listed

Cons

No cons listed