Backpack Exchange

Backpack Exchange is a digital asset exchange with spot markets. The official site presents Convert and Swap features as well as an API for programmatic access.

Trading model Accounts are custodial, and the exchange direction is crypto to crypto. Listed assets include BTC, ETH, USDC and SOL. Besides the order book, the Convert function lets users switch between assets at a quoted price, and the spread on the order book is the natural cost for market-style trades.

Fees The fee model is maker and taker, with tiers determined by trading volume over the previous 30 days. Higher turnover therefore moves a client to cheaper tiers, which matters for active traders and for firms routing flow through the API.

Compliance Official identification and AML pages are published. Specific obligations, thresholds and regional exceptions vary and are not summarised here, so check the pages for your country.

Who it suits Backpack Exchange suits traders who want a spot venue with a conversion tool and API access, and who accept custodial accounts. Fiat deposits and the operating entity are not described in the supplied data, and should be confirmed with the exchange.