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Backpack vs Binance US

VS

General

Platform
Backpack logo
Binance US logo
Founded
Backpack 2022
Binance US 2019
Headquarters
Backpack Tokyo, Japan
Binance US CA, USA
Availability
Backpack Worldwide (lending unavailable in US, a few states restricted)
Binance US US only

Fees & Financial

Bonus
Backpack
Binance US $10 USD
Token
Backpack
Binance US
Compounding
Backpack Yes
Binance US Yes
Payouts
Backpack
Binance US Weekly
Fees
Backpack
Binance US
Lockup
Backpack Unbonding period applies
Binance US
Maker Fee
Backpack 0.08
Binance US 0.1
Taker Fee
Backpack 0.1
Binance US 0.1

Cryptocurrency Rates

BTC Rate
Backpack 0.03%
Binance US
BTC Max
Backpack
Binance US
ETH Rate
Backpack 0.04%
Binance US 2.1%
ETH Max
Backpack
Binance US
Stablecoin Rate
Backpack
Binance US

Pros

No pros listed

Cons

No cons listed

Pros

  • Popular platform
  • Regulated in the US

Cons

  • Limited options compared to international Binance
  • Unstaking takes time before funds are available