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USDT 
Bitcoin 
Ethereum 
Solana 
XRP 
Litecoin 
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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...
Kraken
Kraken is a leading digital asset exchange platform that was founded in 2011 and is headquartered in San Francisco, California. The platform allows...
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General
Platform
Backpack 
Kraken 
Founded
Backpack 2022
Kraken 2011
Headquarters
Backpack Tokyo, Japan
Kraken San Francisco, CA
Availability
Backpack Worldwide (lending unavailable in US, a few states restricted)
Kraken Worldwide
Fees & Financial
Bonus
Backpack
Kraken Up to $100 with invite code: yybpp393
Token
Backpack
Kraken
Compounding
Backpack Yes
Kraken No
Payouts
Backpack
Kraken Weekly
Fees
Backpack
Kraken Yes
Lockup
Backpack Unbonding period applies
Kraken
Maker Fee
Backpack 0.08
Kraken 0.16
Taker Fee
Backpack 0.1
Kraken 0.26
Cryptocurrency Rates
BTC Rate
Backpack 0.03%
Kraken 0.15%
BTC Max
Backpack
Kraken
ETH Rate
Backpack 0.86%
Kraken 2.25%
ETH Max
Backpack
Kraken 6.5%
Stablecoin Rate
Backpack
Kraken 4.08%
Backpack
Full Review →Unique Pros
- Fully regulated in multiple jurisdictions
- Solana-native with strong ecosystem
Key Cons
- Lending rates are dynamic and can be low
- Newer platform
Kraken
Full Review →Unique Pros
- Offers on and off-chain staking
- Full exchange services
Key Cons
- Rate will vary (Kraken takes a flat 15% from staking rewards)