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Crypto.com vs Backpack

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General

Platform
Crypto.com logo
Backpack logo
Founded
Crypto.com 2016
Backpack 2022
Headquarters
Crypto.com Hong Kong
Backpack Tokyo, Japan
Availability
Crypto.com Worldwide, all US states except NY
Backpack Worldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
Crypto.com $25 after reserving credit card (requires CRO purchase)
Backpack
Token
Crypto.com CRO
Backpack
Compounding
Crypto.com No
Backpack Yes
Payouts
Crypto.com Weekly
Backpack
Fees
Crypto.com Yes
Backpack
Lockup
Crypto.com None (flexible), 1 month, 3 months
Backpack Unbonding period applies
Maker Fee
Crypto.com
Backpack 0.08
Taker Fee
Crypto.com
Backpack 0.1

Cryptocurrency Rates

BTC Rate
Crypto.com 0.2%
Backpack 0.03%
BTC Max
Crypto.com 5%
Backpack
ETH Rate
Crypto.com 0.2%
Backpack 0.04%
ETH Max
Crypto.com 5.5%
Backpack
Stablecoin Rate
Crypto.com 0.5%
Backpack

Pros

No pros listed

Cons

  • Deposit minimums required to earn interest
  • Does not compound
  • Requires CRO to unlock best rates

Pros

No pros listed

Cons

No cons listed