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Bitcoin IRA vs Backpack

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General

Platform
Bitcoin IRA logo
Backpack logo
Founded
Bitcoin IRA 2015
Backpack 2022
Headquarters
Bitcoin IRA Sherman Oaks, CA
Backpack Tokyo, Japan
Availability
Bitcoin IRA Worldwide
Backpack Worldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
Bitcoin IRA
Backpack
Token
Bitcoin IRA
Backpack
Compounding
Bitcoin IRA Yes
Backpack Yes
Payouts
Bitcoin IRA Monthly
Backpack
Fees
Bitcoin IRA Yes
Backpack
Lockup
Bitcoin IRA None
Backpack Unbonding period applies
Maker Fee
Bitcoin IRA
Backpack 0.08
Taker Fee
Bitcoin IRA
Backpack 0.1

Cryptocurrency Rates

BTC Rate
Bitcoin IRA 2%
Backpack 0.03%
BTC Max
Bitcoin IRA
Backpack
ETH Rate
Bitcoin IRA 2%
Backpack 0.04%
ETH Max
Bitcoin IRA
Backpack
Stablecoin Rate
Bitcoin IRA
Backpack

Pros

  • Traditional retirement account tax benefits
  • Native staking support added

Cons

  • Requires 10k deposit minimum

Pros

No pros listed

Cons

No cons listed