CIR animation

We compare platforms & may earn a commission. Learn more.

Email Alerts

Backpack vs Wirex

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
Wirex

Wirex

Wirex is an app to buy, sell, and spend crypto. Wirex offers a crypto back credit card, and interest bearing crypto accounts called X-Accounts.X-Accou...

CIR score4.3

General

Platform
Backpacklogo
Wirexlogo
Founded
Backpack2022
Wirex2014
Headquarters
BackpackTokyo, Japan
WirexLondon, UK
Availability
BackpackWorldwide (lending unavailable in US, a few states restricted)
WirexWorldwide, excluding NY

Fees & Financial

Bonus
Backpack
Wirex
Token
Backpack
WirexWXT
Compounding
BackpackYes
WirexYes
Payouts
Backpack
WirexWeekly
Fees
Backpack
Wirex
Lockup
BackpackUnbonding period applies
WirexNone
Maker Fee
Backpack0.08
Wirex
Taker Fee
Backpack0.1
Wirex

Cryptocurrency Rates

BTC Rate
Backpack0.03%
Wirex
BTC Max
Backpack
Wirex
ETH Rate
Backpack0.24%
Wirex
ETH Max
Backpack
Wirex
Stablecoin Rate
Backpack
Wirex6%

Backpack

Review

Pros

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

Cons

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

Wirex

Review

Pros

  • Competitive rates for crypto

Cons

  • Earn achieved by converting to DAI internally
  • X-Account rates vary by coin