Backpack Exchange is a cryptocurrency centralized exchange (CEX) founded in 2023 in British Virgin Islands. It offers spot and derivatives trading with maker fees of 0.2% and taker fees of 0.2%.
Backpack Exchange has a trust score of 9/10 on CoinGecko, ranking #18 globally. Trust score is based on web traffic, volume legitimacy, cybersecurity practices, and API data quality.
What are Backpack Exchange trading fees?
Backpack Exchange charges a maker fee of 0.2% and a taker fee of 0.2%. Fees may be reduced by holding the exchange's native token or using a referral code.
Does Backpack Exchange require KYC?
Yes, Backpack Exchange requires identity verification (KYC) to access full trading and withdrawal features.
Does Backpack Exchange offer derivatives trading?
Backpack Exchange currently focuses on spot trading and does not offer derivatives products.
