Backpack vs Bitget Comparison
| 0.08/0.10% spot, 0.02/0.05% futures; 0.85% swap | Fees | 0.1 % |
| ~€5.75 | Cost for €1,000 | € 4.00 |
| ~50+ | Cryptos | 1080+ |
| Card, bank via Banxa; SEPA limited | Payment Methods | SEPA Transfer, Credit Card |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | No MiCA authorisation; CASP application pending with Austria's FMA (as of August 2026) |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, including all fees and spreads.
| ~€5.75 | Cost for €1,000 | € 4.00 |
| 0.08/0.10% spot, 0.02/0.05% futures; 0.85% swap | Fees | 0.1 % |
| Not disclosed | Wallet transfer | € 7.47 |
| No; tiers + hidden swap costs | Cost transparency | Yes |
| Unclear | Minimum Amount | € 5 |
| Card, bank via Banxa; SEPA limited | Payment Methods | SEPA Transfer, Credit Card |
Pros & Cons
- 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
- 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
- Over 1080 cryptocurrencies available
- Low spot fees of 0.1% and futures from 0.02%
- Total costs of €4.00 per trade
- Staking is offered
- Wallet transfer possible
- Minimum investment from €5 possible
- No regulation or license available in the EU – headquartered in the Seychelles
- No savings plan available
- User interface with numerous popups and notifications after login occasionally criticized
User Experiences
AI AnalysisNot enough reviews available.
Bitget is frequently praised in user data for its intuitive app, clear design, and ease of use. At the same time, users in the reviews also report criticism regarding fees and support, so the overall picture varies depending on the user experience.
This analysis is based on 675 user reviews evaluated by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher — the displayed platform ratings (star ratings) refer to all reviews available there. The ratings shown reflect users' experiences and do not represent the website operator's own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
| ✓ | Savings plan | ✓ |
| ✓ | Staking | ✓ |
| ✓ | Wallet transfer | ✓ |
| ✓ | Cost transparency | ✓ |
| ✓ | 2FA security | ✓ |
| ✓ | SEPA transfer | ✓ |
| ✓ | Credit card | ✓ |
| ✓ | Minimum amount | ✓ |
| ✓ | Mobile app (iOS/Android) | ✓ |
| ✓ | Web platform | ✓ |
| ✓ | Whitelist | ✓ |
- Maker fees starting at 0.08% are considered low
- VARA license in Dubai
- Wallet and exchange on one platform
- Over 1080 tradable cryptocurrencies – one of the largest selections
- Spot fees from 0.1% and futures from 0.02% are considered low
- Copy trading and bot trading available
- Total costs of €4.00 per trade
The five areas head to head
AI AnalysisFees & Costs
Not enough reviews available.
Users more often express criticism in the reviews when it comes to fees and costs. Users report that the fees are sometimes perceived as high. As a result, this cost area is described by some users as having room for improvement.
Usability & User Experience
Not enough reviews available.
Users especially appreciate Bitget's intuitive app and its ease of use in everyday trading. According to reviews, the interface is often described as clear, although some users occasionally perceive it as confusing. The quick verification process and smooth trading workflows are also mentioned positively.
Features & Offering
Not enough reviews available.
According to reviews, users particularly praise copy trading, as well as the wide range of promotions and events on the platform. Users report an overall broad offering that can be used well in everyday trading. Occasionally, users would like additional convenience features such as a landscape view on the iPad, the return of certain icons, or more offers for specific regions.
Stability & Security
Not enough reviews available.
In terms of stability and reliability, Bitget is repeatedly described by users as reliable. According to reviews, fast trades are also mentioned positively, suggesting mostly smooth everyday use. However, some users occasionally report delayed withdrawals, which means this area is not perceived uniformly.
Customer Support
Not enough reviews available.
The user data paints an overall critical picture of support. Users report room for improvement in response times and occasionally note that replies to inquiries do not arrive or that concerns are only handled with delays. According to reviews, support is also sometimes viewed critically in connection with registration, account matters, and withdrawals.
Details
| Trek Labs (FTX ties) | Company | BG Limited |
| Dubai (VARA) | Headquarters | — |
| 2023 | Founded | 2018 |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | No MiCA authorisation; CASP application pending with Austria's FMA (as of August 2026) |
| Unclear | Minimum Amount | € 5 |
| Yes | KYC | Personal information |
Verdict
In our overall rating Bitget leads with 4.9 against 2.1 for Backpack.
For most investors Bitget is therefore the better choice.
Backpack is operated by Trek Labs, a team that also includes former FTX employees. The exchange holds a VARA license in Dubai, but does not have EU regulation – according to comparison data, EU access is provided via FTX EU. The low maker fees starting at 0.08% and the integration of wallet and exchange in one ecosystem are appreciated by users.
Cost transparency is seen as room for improvement – in particular, the undisclosed wallet transfer fees and swap fees of 0.85% are occasionally criticized. The selection of around 50 cryptocurrencies is limited compared with larger exchanges, and the lack of a savings plan limits the options for long-term investors.
The connection to former FTX employees is viewed differently in the market. Backpack is aimed primarily at technically savvy users who are looking for low trading fees and integrated wallet features and are willing to make compromises on cost transparency, coin selection, and regulatory coverage in the EU.
Bitget is especially valued for its large selection of over 1080 cryptocurrencies and low spot fees starting at 0.1%. In addition, the copy trading and bot trading features are considered a standout offering, which is viewed particularly positively by active traders. Futures fees starting at 0.02% are among the lowest in the comparison.
However, it should be noted that Bitget does not have EU regulation or a BaFin license and is headquartered in the Seychelles. This aspect is seen by security-conscious investors as having room for improvement. The lack of a savings plan and the user interface with numerous popups after login are also occasionally criticized.
Bitget is considered especially suitable for experienced traders who prioritize a large coin selection, copy trading, and low trading fees, and are willing to do without EU regulation.