USDC
USDT
Bitcoin
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Backpack vs Wirex
Compare rates, fees, access, and key features side by side.
Backpack
Quick takeBackpack offers exchange-based lending and Solana earning products with terms that depend on the asset. Its strongest feature is Auto-Lend, ...
Score3.9Our editors score every platform independently. Partnerships never influence the rating.
VS
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...
Score4.3Our editors score every platform independently. Partnerships never influence the rating.
General
Platform
Backpack
Wirex
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
Backpack0.02%
Wirex
BTC Max
Backpack
Wirex
ETH Rate
Backpack0.13%
Wirex
ETH Max
Backpack
Wirex
Stablecoin Rate
Backpack
Wirex6%
Backpack
ReviewPros
- 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- Backpack USD is an internal unit that cannot be withdrawn directly.
Wirex
ReviewPros
- Competitive rates for crypto
Cons
- Earn achieved by converting to DAI internally
- X-Account rates vary by coin
