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Backpack vs Binance

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
Binance

Binance

Binance is the largest cryptocurrency exchange globally, offering a robust platform with competitive maker and taker fees that vary based on the user&...

CIR score4.0

General

Platform
Backpacklogo
Binancelogo
Founded
Backpack2022
Binance2017
Headquarters
BackpackTokyo, Japan
BinanceAbu Dhabi, UAE
Availability
BackpackWorldwide (lending unavailable in US, a few states restricted)
BinanceWorldwide, excluding US

Fees & Financial

Bonus
Backpack
Binance
Token
Backpack
BinanceBNB
Compounding
BackpackYes
BinanceNo
Payouts
Backpack
BinanceDaily
Fees
Backpack
Binance
Lockup
BackpackUnbonding period applies
BinanceFlexible
Maker Fee
Backpack0.08
Binance
Taker Fee
Backpack0.1
Binance

Cryptocurrency Rates

BTC Rate
Backpack0.03%
Binance
BTC Max
Backpack
Binance
ETH Rate
Backpack0.24%
Binance
ETH Max
Backpack
Binance
Stablecoin Rate
Backpack
Binance

Backpack

Review

Pros

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

Cons

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

Binance

Review

Pros

  • World’s largest exchange
  • Wide variety of earn products

Cons

  • Not available in the US
  • Regulatory history has been complex