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Backpack vs Bitget

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

Backpack

Backpack

Quick takeBackpack offers exchange-based lending and Solana earning products with terms that depend on the asset. Its strongest feature is Auto-Lend, ...

Score3.9
VS
Bitget

Bitget

Quick takeBitget Earn offers a large menu that includes flexible and fixed Simple Earn, On-chain Earn, tokenized yield assets, Shark Fin, Dual Investm...

Score4.2

General

Platform
Backpacklogo
Bitgetlogo
Founded
Backpack2022
Bitget2018
Headquarters
BackpackTokyo, Japan
BitgetSeychelles
Availability
BackpackWorldwide (lending unavailable in US, a few states restricted)
BitgetWorldwide, excluding US

Fees & Financial

Bonus
Backpack
Bitget
Token
Backpack
BitgetBGB
Compounding
BackpackYes
BitgetYes
Payouts
Backpack
BitgetVaries
Fees
Backpack
BitgetVaries
Lockup
BackpackUnbonding period applies
BitgetVaries
Maker Fee
Backpack0.08
Bitget0.1
Taker Fee
Backpack0.1
Bitget0.1

Cryptocurrency Rates

BTC Rate
Backpack0.02%
Bitget0.45%
BTC Max
Backpack
Bitget1.9%
ETH Rate
Backpack0.13%
Bitget1.62%
ETH Max
Backpack
Bitget5%
Stablecoin Rate
Backpack
Bitget1.18%

Backpack

Review

Pros

  • Auto-Lend can allocate supported idle balances without repeated manual subscriptions.
  • SOL returns can include validator, block, and Jito MEV rewards.
  • A balance threshold can keep part of an eligible asset outside Auto-Lend.

Cons

  • Exchange lending is unavailable to U.S. customers and may have other regional limits.
  • Lending rates change with pool demand and are not guaranteed.
  • Backpack USD is an internal unit that cannot be withdrawn directly.

Bitget

Review

Pros

  • Broad selection of flexible, fixed, and onchain earning products.
  • On-chain Earn supports daily reward distribution and multiple redemption methods for eligible assets.
  • Product categories cover both simple savings-style choices and more advanced strategies.

Cons

  • Bitget's terms prohibit customers in the United States and several other countries.
  • Boosted rates may apply only to a capped balance, campaign, voucher, or new deposit.
  • Structured products can settle in a different asset and should not be treated as savings accounts.