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Figure Markets
OKX

OKX

OKX (formerly OKEx and okcoin) is a popular and large crypto exchange that offers OKX Earn, a suite of products, which includes crypto earn, staking a...

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...

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General

Platform
OKX logo
Backpack logo
Founded
OKX 2017
Backpack 2022
Headquarters
OKX Seychelles
Backpack Tokyo, Japan
Availability
OKX Worldwide, some services unavailable in US
Backpack Worldwide (lending unavailable in US, a few states restricted)

Fees & Financial

Bonus
OKX Buy $100 in crypto, get $10 in BTC
Backpack
Token
OKX
Backpack
Compounding
OKX Yes
Backpack Yes
Payouts
OKX Varies
Backpack
Fees
OKX
Backpack
Lockup
OKX None (flexible) to fixed terms
Backpack Unbonding period applies
Maker Fee
OKX 0.02
Backpack 0.08
Taker Fee
OKX 0.05
Backpack 0.1

Cryptocurrency Rates

BTC Rate
OKX 0.53%
Backpack 0.03%
BTC Max
OKX
Backpack
ETH Rate
OKX
Backpack 0.86%
ETH Max
OKX
Backpack
Stablecoin Rate
OKX 2.62%
Backpack

Unique Pros

  • Full exchange services
  • Variety of products, including simple earn and staking

Key Cons

  • Flexible rates relatively low
  • Earn offering may be limited in the US

Unique Pros

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

Key Cons

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