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Kraken vs Backpack

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

Kraken

Kraken

Kraken is a leading digital asset exchange platform that was founded in 2011 and is headquartered in San Francisco, California.The platform allows use...

CIR score4.3
Popular95 recent visitors
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
Krakenlogo
Backpacklogo
Founded
Kraken2011
Backpack2022
Headquarters
KrakenSan Francisco, CA
BackpackTokyo, Japan
Availability
KrakenWorldwide
BackpackWorldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
Kraken$10 BTC + 10% fee discount
Backpack
Token
Kraken
Backpack
Compounding
KrakenNo
BackpackYes
Payouts
KrakenWeekly
Backpack
Fees
KrakenYes
Backpack
Lockup
Kraken
BackpackUnbonding period applies
Maker Fee
Kraken0.16
Backpack0.08
Taker Fee
Kraken0.26
Backpack0.1

Cryptocurrency Rates

BTC Rate
Kraken0.02%
Backpack0.03%
BTC Max
Kraken
Backpack
ETH Rate
Kraken1.86%
Backpack0.24%
ETH Max
Kraken
Backpack
Stablecoin Rate
Kraken4.08%
Backpack

Kraken

Review

Pros

  • Full exchange services

Cons

  • 15% fee from staking rewards

Backpack

Review

Pros

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

Cons

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