Backpack vs CoinEx

Compare rates, fees, access, and key features side by side.

Backpack

Quick takeBackpack offers exchange-based lending and Solana earning products with terms that depend on the asset. Its strongest feature is Auto-Lend, ...

Score3.9

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CoinEx

Quick takeCoinEx offers a Financial Account for flexible exchange yield and separate staking products for eligible proof-of-stake assets. The Financia...

Score4.3

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Comparison

General

Platform

Backpack

CoinEx

Founded

Backpack2022

CoinEx2017

Headquarters

BackpackTokyo, Japan

CoinExLA, USA

Availability

BackpackWorldwide (lending unavailable in US, a few states restricted)

CoinExWorldwide, excluding US

Fees & Financial

Bonus

Backpack

CoinEx

Token

Backpack

CoinExCET

Compounding

BackpackYes

CoinExNo

Payouts

Backpack

CoinEx

Fees

Backpack

CoinEx

Lockup

BackpackUnbonding period applies

CoinEx

Maker Fee

Backpack0.08

CoinEx2.2

Taker Fee

Backpack0.1

CoinEx0.2

Cryptocurrency Rates

BTC Rate

Backpack0.02%

CoinEx

BTC Max

Backpack

CoinEx

ETH Rate

Backpack0.13%

CoinEx2.75%

ETH Max

Backpack

CoinEx

Stablecoin Rate

Backpack

CoinEx5.1%

Backpack

Review

Pros

Auto-Lend can allocate supported idle balances without repeated manual subscriptions.
SOL returns can include validator, block, and Jito MEV rewards.
A balance threshold can keep part of an eligible asset outside Auto-Lend.

Cons

Exchange lending is unavailable to U.S. customers and may have other regional limits.
Lending rates change with pool demand and are not guaranteed.
Backpack USD is an internal unit that cannot be withdrawn directly.

CoinEx

Review

Pros

Offers both a flexible Financial Account and proof-of-stake products.
Transfers between spot and Financial balances are handled within one exchange account.
Supports several major staking assets.