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Backpack vs AscendEX

Compare rates, fees, access, and key features side by side.

Backpack

Backpack

Backpack Exchange, is a fully regulated cryptocurrency exchange built by the team behind the Solana-native Backpack Wallet and the Mad Lads NFT collec...

CIR score3.9
VS
AscendEX

AscendEX

AscendEX is a global cryptocurrency exchange and financial platform that gives users a powerful way to earn, trade, and grow their crypto portfolios.A...

CIR score4.3

General

Platform
Backpacklogo
AscendEXlogo
Founded
Backpack2022
AscendEX2018
Headquarters
BackpackTokyo, Japan
AscendEXSingapore
Availability
BackpackWorldwide (lending unavailable in US, a few states restricted)
AscendEXWorldwide, excluding US

Fees & Financial

Bonus
Backpack
AscendEXInvite code: UD4DBENEU
Token
Backpack
AscendEXASD
Compounding
BackpackYes
AscendEXYes
Payouts
Backpack
AscendEXDaily
Fees
Backpack
AscendEXVaries
Lockup
BackpackUnbonding period applies
AscendEXNone
Maker Fee
Backpack0.08
AscendEX0.1
Taker Fee
Backpack0.1
AscendEX0.1

Cryptocurrency Rates

BTC Rate
Backpack0.03%
AscendEX
BTC Max
Backpack
AscendEX
ETH Rate
Backpack0.24%
AscendEX
ETH Max
Backpack
AscendEX
Stablecoin Rate
Backpack
AscendEX2.02%

Backpack

Review

Pros

  • Fully regulated in multiple jurisdictions
  • Solana-native with strong ecosystem

Cons

  • Lending rates are dynamic and can be low
  • Newer platform

AscendEX

Review

Pros

  • Wide variety of coins

Cons

  • Best rates are tied to promotions