Backpack

Provider by region EU Trek Labs Europe Ltd, "Trek Technologies" SIA UAE Trek Labs Ltd FZE US Trek Labs, Inc.

Backpack Exchange: crypto, perpetual futures and US stocks from one account

Risk warning. Not financial advice. Crypto is highly volatile and may drop in value significantly. You may lose the amounts you invest and your investments do not benefit from any form of financial protection.

Backpack combines a spot crypto exchange, perpetual futures, lending and a US stock brokerage, each provided by a named company (CySEC 273/15 and a MiCA CASP authorisation in the EU, VARA VL/23/07/001 for spot in Dubai, a FinCEN MSB registration in the US), so what you can use depends on where you live.

See which company serves your regionRead the fee schedule

Account map

one login, three rails, five companies

Account map: one Backpack account, three product rails and the company behind each rail Spot crypto is provided by "Trek Technologies" SIA in the EU, Trek Labs Ltd FZE in the UAE and Trek Labs, Inc. in the US. Perpetual futures are provided by Trek Labs Europe Ltd in the EU and are not offered in the UAE; no lending provider is named in the sources. US stocks and ETFs are provided through Trek Brokerage Services Limited. One Backpack account provider depends on product and region Spot crypto 87 markets EU "Trek Technologies" SIA MiCA CASP, 27 May 2026 Latvijas Banka UAE Trek Labs Ltd FZE VARA VL/23/07/001, spot VARA, Dubai US Trek Labs, Inc. FinCEN MSB 31000339714338 FinCEN, United States Perpetual futures and lending 103 perpetual, 15 lending markets EU Trek Labs Europe Ltd CySEC 273/15, futures CySEC, Cyprus UAE Not offered in the UAE VARA licence is spot only no futures or margin Any Lending provider not named not stated in the sources owner to confirm US stocks and ETFs 24/5 plus weekend session Trek Brokerage Services Limited Anjouan, licence no. not shown as served to an EU address Not under CySEC, MiCA or VARA those licences do not cover it

What you can do on Backpack

market counts read 6 Oct 2026

Spot and perpetual futures

Spot and perpetual futures share one margin system. The exchange sitemap listed 87 spot markets and 103 perpetual markets on 6 October 2026. Tier 1 futures fees are 0.02% for makers and 0.05% for takers. Perpetual futures are not offered in the UAE.

Crypto perpetual futures: markets, margin and availability

Markets listed, 6 Oct 2026
TypeMarkets
Perpetual futures103
Spot87

US stocks and ETFs around the clock

US stocks and ETFs trade 24 hours a day, five days a week, through traditional US markets. From Friday 8 PM to Sunday 8 PM ET, and on US market holidays, orders go to Backpack's own market. Purchases are funded with USDC, USDT or a USD wire. The value of shares can fall as well as rise, and you may get back less than you invest.

24/7 stock trading with USDC, USDT or USD

The stock trading week: orders route through US markets from Sunday 8 PM to Friday 8 PM ET, and to Backpack's own market from Friday 8 PM to Sunday 8 PM ET Fri 8 PM ET US markets, 24/5 weekend Sun 8 PM Sun 8 PM

Weekend and US holiday orders go to Backpack's own market.

Lending and borrowing

Fifteen assets had a lending market on 6 October 2026, from USD and USDT to BTC, ETH and SOL. Lending rates are variable and not guaranteed, so none is printed on this page. The dated rate table, with its risks, is on the lending page.

Crypto lending and borrowing rates

  • SOL
  • BNB
  • SUI
  • APT
  • MON
  • USD
  • PAXG
  • ETH
  • DOGE
  • XPL
  • BTC
  • SEI
  • XRP
  • USDT
  • HYPE

Backpack Wallet is a separate self-custody wallet for more than 10 networks. It is downloaded from backpack.app; the mobile app is on the App Store and Google Play.

Fees at a glance

tier 1

Tier 1 trading fees, the entry tier
MarketMakerTaker
Spot0.08%0.10%
Perpetual futures0.02%0.05%
USDT/USDC pair0%

Tiers follow 30-day volume and are recalculated hourly. USD wires carry no fee in either direction, according to the live home page.

Last reviewed

Full Backpack Exchange fee schedule

Risks in brief

Crypto prices can fall fast and far. Perpetual futures are traded on margin, so a position can be liquidated and the margin lost. Lending rates are variable and not guaranteed. Shares can fall as well as rise.

Backpack is a financial services platform, not a bank. Banking services are provided by Backpack's bank partners.

Proof of reserves, published every day

Backpack publishes a proof of reserves every day. The assets it holds are set against what it owes clients, and OtterSec verifies the result.

Published
daily
Verified by
OtterSec
Internal reconciliation
every 10 minutes
Covers
spot balances, margin positions, unrealised PnL
Reserve figure
not quoted here

No reserve figure is quoted because the live reserves page shows its numbers only after scripts run. A proof of reserves describes one day. It does not remove market risk.

Official domains and accounts

Check the address bar before you sign in. Backpack uses these domains:

  • backpack.exchange
  • eu.backpack.exchange
  • support.backpack.exchange
  • learn.backpack.exchange
  • docs.backpack.exchange
  • backpack.app

Official accounts: Backpack on X, Discord, YouTube, LinkedIn and Reddit.

Who provides Backpack where you live

CySEC, VARA and ESMA registers read 11 Oct 2026

No single licence covers every product in every country. Find your region below. The product-by-region table sits on the licences page, with licence numbers and register links for every entity.

European Union EU

Crypto services are provided by "Trek Technologies" SIA, authorised as a crypto-asset service provider by Latvijas Banka on 27 May 2026 (LEI 6488C2PNI17093U2YA18, ESMA interim MiCA register). Perpetual futures are provided by Trek Labs Europe Ltd, licensed by the Cyprus Securities and Exchange Commission (CySEC) as a Cyprus Investment Firm, licence no. 273/15, dated 23 April 2015 (CySEC register entry). Neither covers the stock brokerage, and no source names an EU company for lending.

Dubai and the UAE UAE

Trek Labs Ltd FZE is licensed by Dubai's Virtual Assets Regulatory Authority (VARA) for Exchange Services, VASP Licence VL/23/07/001, issued 30 October 2023. Search the VARA public register for "Trek Labs". The licence covers spot trading for UAE residents onboarded by that company. It does not cover futures or margin trading, which are not available in the UAE.

United States US

Trek Labs, Inc. is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business, registration no. 31000339714338, and lists NMLS ID 2665675. A registration is not a licence. State money transmitter licences are set out on the licences page; several states are shown as coming soon. Numbers can be checked in the FinCEN MSB registrant search.

Stock brokerage and other regions

The live stock pages, as served to an EU address, name Trek Brokerage Services Limited as intermediary broker and describe it as licensed by the Anjouan Offshore Finance Authority. No licence number is shown. The brokerage is not provided under the CySEC, MiCA or VARA licences. For readers outside the EU, the UAE and the US, the sources name no contracting company.

Addresses, history and leadership roles are on the About page: the companies and leadership roles behind Backpack.

Related guides: learn before you trade

For information only. Not investment advice.

  • Perpetual futures

    Funding, margin and liquidation in plain terms: what perpetual futures are and how they work.

    By Backpack Research Team. Reviewed by Head of Compliance.

    Updated

  • Proof of reserves

    How a daily attestation is built and where it stops: what proof of reserves is and how to verify it.

    By Backpack Research Team. Reviewed by Head of Compliance.

    Updated

  • Tokenized stocks

    Ownership, dividends and regulation, compared with ordinary shares: what tokenized stocks are.

    By Backpack Research Team. Reviewed by Head of Compliance.

    Updated

Every guide is listed in Backpack Learn guides. Maker, taker and mark price are defined in the glossary of trading terms.

Support and complaints

Support

Help articles and support requests are handled in the Backpack support centre. The support email is [email protected]. There is no phone support: the main site publishes no telephone number.

Complaints

Send a complaint to [email protected]. Under the Dubai procedure, which applies to clients of Trek Labs Ltd FZE, a complaint is acknowledged no later than one week after it is received. The sources show no complaints procedure for the other companies.