CIR animation

We compare platforms & may earn a commission. Learn more.

Figure Markets
BTSE

BTSE

BTSE is a popular crypto exchange with a variety of Earn products. BTSE Earn allows users to earn interest on their crypto assets. It has fixed, fl...

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...

VS

General

Platform
BTSE logo
Backpack logo
Founded
BTSE 2018
Backpack 2022
Headquarters
BTSE British Virgin Islands
Backpack Tokyo, Japan
Availability
BTSE Worldwide, excluding US
Backpack Worldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
BTSE 20% fee discount for 30 days
Backpack
Token
BTSE BTSE
Backpack
Compounding
BTSE Yes
Backpack Yes
Payouts
BTSE Varies
Backpack
Fees
BTSE Yes
Backpack
Lockup
BTSE None or fixed deposits for 7-90 days
Backpack Unbonding period applies
Maker Fee
BTSE 0.05
Backpack 0.08
Taker Fee
BTSE 0.075
Backpack 0.1

Cryptocurrency Rates

BTC Rate
BTSE 3%
Backpack 0.03%
BTC Max
BTSE 4%
Backpack
ETH Rate
BTSE 3%
Backpack 0.86%
ETH Max
BTSE 4%
Backpack
Stablecoin Rate
BTSE 6%
Backpack

Unique Pros

  • Competitive stablecoin interest rates
  • Full exchange services

Key Cons

  • BTC and ETH rates bested by other platforms

Unique Pros

  • Fully regulated in multiple jurisdictions
  • Solana-native with strong ecosystem

Key Cons

  • Lending rates are dynamic and can be low
  • Newer platform