CIR animation

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

Email Alerts

OKX vs Backpack

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

OKX

OKX

OKX (formerly OKEx and okcoin) is a popular and large crypto exchange that offers OKX Earn, a suite of products, which includes crypto earn, staking a...

CIR score4.0
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
OKXlogo
Backpacklogo
Founded
OKX2017
Backpack2022
Headquarters
OKXSeychelles
BackpackTokyo, Japan
Availability
OKXWorldwide, some services unavailable in US
BackpackWorldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
OKXBuy $100 in crypto, get $10 in BTC
Backpack
Token
OKX
Backpack
Compounding
OKXYes
BackpackYes
Payouts
OKXVaries
Backpack
Fees
OKX
Backpack
Lockup
OKXNone (flexible) to fixed terms
BackpackUnbonding period applies
Maker Fee
OKX0.02
Backpack0.08
Taker Fee
OKX0.05
Backpack0.1

Cryptocurrency Rates

BTC Rate
OKX1.82%
Backpack0.03%
BTC Max
OKX
Backpack
ETH Rate
OKX5.47%
Backpack0.24%
ETH Max
OKX
Backpack
Stablecoin Rate
OKX3.5%
Backpack

Pros

  • Full exchange services
  • Variety of products, including simple earn and staking

Cons

  • Flexible rates relatively low
  • Earn offering may be limited in the US

Backpack

Review

Pros

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

Cons

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