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Bitfinex vs Backpack

VS

General

Platform
Bitfinex logo
Backpack logo
Founded
Bitfinex 2012
Backpack 2022
Headquarters
Bitfinex Taiwan
Backpack Tokyo, Japan
Availability
Bitfinex Worldwide, excluding US
Backpack Worldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
Bitfinex 6% discount on fees
Backpack
Token
Bitfinex
Backpack
Compounding
Bitfinex No
Backpack Yes
Payouts
Bitfinex Weekly
Backpack
Fees
Bitfinex Yes
Backpack
Lockup
Bitfinex
Backpack Unbonding period applies
Maker Fee
Bitfinex 0.1
Backpack 0.08
Taker Fee
Bitfinex 0.2
Backpack 0.1

Cryptocurrency Rates

BTC Rate
Bitfinex 1.98%
Backpack 0.03%
BTC Max
Bitfinex
Backpack
ETH Rate
Bitfinex 1.45%
Backpack 0.04%
ETH Max
Bitfinex
Backpack
Stablecoin Rate
Bitfinex
Backpack

Pros

  • Long running exchange

Cons

  • Rates variable upon market

Pros

No pros listed

Cons

No cons listed