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BitMart vs Backpack

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

BitMart

BitMart

BitMart is a global cryptocurrency exchange launched in 2017, catering to over 9 million users in 180+ countries. It offers a comprehensive trading pl...

CIR score4.2
VS
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

General

Platform
BitMartlogo
Backpacklogo
Founded
BitMart2017
Backpack2022
Headquarters
BitMartNew York
BackpackTokyo, Japan
Availability
BitMartWorldwide
BackpackWorldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
BitMart
Backpack
Token
BitMartBMX
Backpack
Compounding
BitMartYes
BackpackYes
Payouts
BitMartFor flexible hourly, for fixed on redemption
Backpack
Fees
BitMartNo
Backpack
Lockup
BitMart0-30 days
BackpackUnbonding period applies
Maker Fee
BitMart0.1
Backpack0.08
Taker Fee
BitMart0.1
Backpack0.1

Cryptocurrency Rates

BTC Rate
BitMart1.5%
Backpack0.03%
BTC Max
BitMart15%
Backpack
ETH Rate
BitMart3.5%
Backpack0.24%
ETH Max
BitMart
Backpack
Stablecoin Rate
BitMart6%
Backpack

BitMart

Review

Pros

  • Global exchange with 9M+ users
  • Wide variety of earn products across many coins

Cons

  • Tiers for earn programs can be low

Backpack

Review

Pros

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

Cons

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