In this guide, we break down all the key fees charged by Backpack, including maker and taker fees, funding rates, withdrawal costs, and any hidden charges. We also highlight available discounts, such as reduced fees for using native tokens or qualifying for VIP tiers. Finally, we compare Backpack’s pricing with that of leading competitors to help you evaluate whether the platform offers strong cost efficiency.

Based on my research, Backpack offers lower-than-average trading fees

As a member of the TU analytics team, I contributed to the in-depth analysis of more than 200 cryptocurrency exchanges, assessing over 140 criteria , including trading fees, non-trading charges, discount programs, and product offerings.

According to the TU crypto exchange evaluation methodology, Backpack earned a score of 8.8/10.
Backpack ranks #139 in our cryptocurrency exchange rating based on its overall performance across key evaluation criteria.

Below is a closer look at how Backpack structures its trading and non-trading fees.

A quick look at Backpack’s fees
	Backpack fee	Market average Based on the analysis of over 200 cryptocurrency exchanges
Futures taker, %	0.05	0,054
Futures maker, %	0.02	0,024
Spot taker, %	0.1	0,194
Spot maker, %	0.08	0,15
Deposit fee	0	0
Withdrawal fee	1%	Vary

Backpack Futures Fees: Is Backpack Cheap for Derivatives Traders?

Backpack offers futures trading with a clear and competitive fee structure. The base fee is 0.02% for makers and 0.05% for takers, while the industry average stands at approximately 0.024% for makers and 0.053% for takers.

As with most major exchanges, trading fees on Backpack decrease as your trading volume increases. For example, if your 30-day trading volume reaches $15 million, fees drop to 0.01% for makers and 0.028% for takers.

To help you evaluate cost efficiency, we’ve compared Backpack futures fees with those of its top 2 competitors in the derivatives market.

	Backpack	Kraken	OKX
Spot maker fee, %	0.02	0.02	0.02
Spot taker fee, %	0.05	0.05	0.05
Futures maker fee ($15M turnover), %	0.01	0.01	0.02
Futures taker fee ($15M turnover), %	0.028	0.035	0.05

Backpack spot fees: Is it cheap for spot trading?

The base spot trading fee on Backpack is 0.08% for makers and 0.1% for takers, compared with the industry average of 0.15% for makers and 0.194% for takers. Like most crypto exchanges, Backpack offers trading fee discounts as your spot trading volume increases. For instance, if your 30-day volume reaches $5 million, the fee on Backpack drops to 0.04% for makers and 0.06% for takers. To help you assess value, we've also compared Backpack spot trading fees with those of its top 2 competitors.

	Backpack	Kraken	OKX
Spot maker fee, %	0.08	0.25	0.08
Spot taker fee, %	0.1	0.4	0.1
Spot maker fee ($5M turnover), %	0.04	0.02	0.05
Spot taker fee ($5M turnover), %	0.06	0.12	0.045

Does Backpack charge fees for deposits and withdrawals?

Backpack generally does not charge fees for deposits, particularly for cryptocurrency transfers.

To help you better evaluate the total cost of using Backpack, we’ve compared its non-trading fees, including deposit and withdrawal charges, with those of its top competitors.

	Backpack	Kraken	OKX
Deposit fee	0	0	0
Withdrawal fee	0.00012 BTC 0.0014 ЕТН	0.0005 BTC	0.0004 BTC 2.6 USDT

Does Backpack offer P2P trading?

No, Backpack does not currently support P2P trading. Users can only trade via the centralized exchange interface.

For a list of exchanges that support P2P trading, check out our dedicated article on the Best P2P Crypto Exchanges.

Minimizing crypto trading costs: Expert tips

Choosing the right crypto exchange is essential for keeping trading costs low and protecting your profits. Based on our recent in-depth analysis of over 200 exchanges across 140+ evaluation criteria, here are expert insights to help you reduce fees, maximize available discounts, and select platforms that align with your trading goals.

Monitor withdrawal fees and network choice

Withdrawal fees can vary significantly depending on the cryptocurrency and the network you select. For example, withdrawing USDT through the ERC-20 network might cost between $10 and $30, while the same transaction via TRC-20 could cost less than $1. Choosing the wrong network can lead to unnecessary expenses or even lost funds if the receiving wallet is not compatible. Always double-check network compatibility and compare withdrawal options before confirming any transfer.