Backpack Exchange
Estonia-registered Solana-focused exchange built by Backpack wallet team
Platform Overview
Backpack Exchange is an Estonia-registered cryptocurrency exchange launched in 2023 by the team behind the Backpack wallet and Mad Lads NFT project. It offers spot and futures trading with up to 20x leverage and competitive fees of 0.08% for both makers and takers. The platform has a strong focus on the Solana ecosystem and operates with crypto-only deposits.
Company Information
- Registered Company Name
- Backpack Exchange OU
- Brand Name
- Backpack Exchange
- Headquarters
- Estonia
- Year Established
- 2023
- Parent Company
- Backpack Exchange OU
- Publicly Listed
- No
Transparency Signals
This score is based on currently available transparency, complaint, reputation and research signals, and may evolve as more data becomes available.
No strong distinguishing signals identified yet
Platform operates under offshore regulatory framework
- Platform operates under offshore regulatory framework with limited investor protection
- Limited operational and financial disclosure publicly available
Platform operates under offshore regulatory framework with limited investor protection
Limited operational and financial disclosure publicly available for independent verification
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | N/A |
| GBP/USD | N/A |
| USD/JPY | N/A |
| XAU/USD | N/A |
- Commission
- Maker 0.08% / Taker 0.08% (spot); tiered volume discounts
- Inactivity Fee
- None
- Deposit Fees
- Free (crypto)
- Withdrawal Fees
- Network fee (varies by coin)
- Withdrawal Processing Time
- Instant to 30 minutes (crypto)
Platform Infrastructure
Safety & Protection
Operational Details
- Supported Languages
- English, Chinese
- Support Channels
- EmailDiscord
- Payment Methods
- Crypto
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Offshore | Tier 1 |
| Transparency Signals | 1.0/10 | 9.5/10 |
| Minimum Deposit | $0 | $0 |
| Maximum Leverage | Up to 1:20 | Up to 1:125 |
| Spread Type | Variable | Order Book |
| Execution Model | DMA | DMA |
| Year Established | 2023 | 2017 |
| Trading Products | 2 | 3 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.