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Zengo vs Backpack

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

Zengo

Zengo

Zengo is a non-custodial wallet app that supports crypto staking and more than 1000+ assets.Zengo EarnZengo Earn is a simple and secure way for Zengo ...

CIR score3.9
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
Zengologo
Backpacklogo
Founded
Zengo2018
Backpack2022
Headquarters
ZengoIsrael
BackpackTokyo, Japan
Availability
ZengoWorldwide
BackpackWorldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
Zengo
Backpack
Token
Zengo
Backpack
Compounding
ZengoNo
BackpackYes
Payouts
ZengoDaily
Backpack
Fees
Zengo
Backpack
Lockup
Zengo
BackpackUnbonding period applies
Maker Fee
Zengo
Backpack0.08
Taker Fee
Zengo
Backpack0.1

Cryptocurrency Rates

BTC Rate
Zengo
Backpack0.03%
BTC Max
Zengo
Backpack
ETH Rate
Zengo3%
Backpack0.24%
ETH Max
Zengo4%
Backpack
Stablecoin Rate
Zengo
Backpack

Zengo

Review

Pros

  • Simple and very secure
  • Non-custodial

Cons

  • Limited staking (earn) asset support
  • Native staking takes time to stake and unstake before earning 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