Backpack vs Bitcoin.de Comparison
| 0.08/0.10% spot, 0.02/0.05% futures; 0.85% swap | Fees | 0.5 % |
| ~€5.75 | Cost for €1,000 | € 5.00 |
| ~50+ | Cryptos | 10 |
| Card, bank via Banxa; SEPA limited | Payment Methods | SEPA Transfer |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | Regulated in Germany as a marketplace of futurum bank AG |
Backpack
vs
Bitcoin.deWinner
Pros & Cons
Pros
- Low maker fees starting at 0.08% and taker fees starting at 0.10%
- Staking is available
- Wallet and exchange in one ecosystem
- VARA license in Dubai
Cons
- Cost transparency is seen as room for improvement – hidden costs occasionally criticized
- Wallet transfer fees are not disclosed
- No savings plan available
- Swap fees of 0.85% occasionally criticized
Pros
- Regulated in Germany as a marketplace of futurum bank AG
- Pioneer among German cryptocurrency platforms – active since 2011
- Trading fees of 0.5 %
- Wallet transfer possible
- Funds remain in the user’s own bank account
Cons
- Selection with only 10 cryptocurrencies could be expanded
- Only SEPA bank transfer as a payment method – additional options could be expanded
- Interface occasionally criticized as in need of modernization
- 2FA only via SMS – TOTP support could be expanded
Features
BackpackBitcoin.de
| ✓ | Savings plan | ✓ |
| ✓ | Staking | ✓ |
| ✓ | Wallet transfer | ✓ |
| ✓ | Cost transparency | ✓ |
| ✓ | 2FA security | ✓ |
| ✓ | SEPA transfer | ✓ |
| ✓ | Credit card | ✓ |
| ✓ | Minimum amount | ✓ |
| ✓ | Mobile app (iOS/Android) | ✓ |
| ✓ | Web platform | ✓ |
| ✓ | Mobile app | ✓ |
- Maker fees starting at 0.08% are considered low
- VARA license in Dubai
- Wallet and exchange on one platform
- Pioneer among German crypto marketplaces – since 2011
- Regulated through futurum bank AG in Germany
- Euro balances remain in the user’s own bank account
- KYC via bank verification, VideoIdent or PostIdent
Details
BackpackBitcoin.de
| Trek Labs (FTX ties) | Company | futurum bank AG |
| Dubai (VARA) | Headquarters | — |
| 2023 | Founded | 2011 |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | Regulated in Germany as a marketplace of futurum bank AG |
| Unclear | Minimum Amount | € 60 |
| Yes | KYC | Bank verification, VideoIdent, PostIdent |