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What Backpack does
Backpack runs a VARA-licensed exchange and self-custodial wallet; acquired FTX EU.
Countries
8
Avg all-in fee
0.08% maker / 0.10% taker spot (base tier)
Median settle
T+0
Chains
4
Coverage matrix
Verified 10 Oct 2026 · self-reported, spot-checked
Categories
Wallets · #9
Use cases
exchangetradingwallet
Top corridors
Not Provided
Assets
USDCUSDT
Chains
SolanaEthereumBaseArbitrum
Licences
MiCA — CASP authorisation
Local methods
SEPA Instant
Pricing
Filed by Backpack and cross-checked against buyer-reported transaction costs.
✓ BUYER-CONFIRMED
Under $100k / mo
-
Published rate, no minimum
$100k – $250k
-
Tier applied automatically
$250k – $1M
0.08%
Negotiable from here
Over $1M
-
Quoted per account
All-in costFX spread plus payout fee, nothing elseNot Provided
Payout feePer local credit, regardless of sizeNot Provided
Monthly minimumNone on any tierNot Provided
Setup or onboarding feeWaived on all plansNot Provided
FX lockHeld from quote until settlementNot Provided
Failed payoutReturned in full, no fee retainedNot Provided
◐Headline all-in fee filed at 0.08% maker / 0.10% taker spot (base tier) · minimum volume No minimum · median settle T+0
Company & financials
Funding and corporate data from public filings and disclosures. Not investment advice.
UPDATED 10 OCT 2026
Total raised
$0.0
Latest round
-
Headcount
-
Founded
2022
United Arab Emirates
Funding history
Not Provided
Corporate
Legal entityBackpack
RegisteredUnited Arab Emirates
EmployeesNot Provided
AuditNot Provided