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Backpack vs OKX

VS

General

Platform
Backpack logo
OKX logo
Founded
Backpack 2022
OKX 2017
Headquarters
Backpack Tokyo, Japan
OKX Seychelles
Availability
Backpack Worldwide (lending unavailable in US, a few states restricted)
OKX Worldwide, some services unavailable in US

Fees & Financial

Bonus
Backpack
OKX Buy $100 in crypto, get $10 in BTC
Token
Backpack
OKX
Compounding
Backpack Yes
OKX Yes
Payouts
Backpack
OKX Varies
Fees
Backpack
OKX
Lockup
Backpack Unbonding period applies
OKX None (flexible) to fixed terms
Maker Fee
Backpack 0.08
OKX 0.02
Taker Fee
Backpack 0.1
OKX 0.05

Cryptocurrency Rates

BTC Rate
Backpack 0.03%
OKX 0.91%
BTC Max
Backpack
OKX
ETH Rate
Backpack 0.04%
OKX 2.51%
ETH Max
Backpack
OKX
Stablecoin Rate
Backpack
OKX 2.72%

Pros

No pros listed

Cons

No cons listed

Pros

  • Full exchange services
  • Variety of products, including simple earn and staking

Cons

  • Flexible rates relatively low
  • Earn offering may be limited in the US