Backpack vs BSDEX Comparison
| 0.08/0.10% spot, 0.02/0.05% futures; 0.85% swap | Fees | 0.35 % |
| ~€5.75 | Cost for €1,000 | € 4.50 |
| ~50+ | Cryptos | 10 |
| Card, bank via Banxa; SEPA limited | Payment Methods | SEPA Transfer |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | Custodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license. |
Backpack
vs
BSDEXWinner
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
- BaFin-licensed custodian (Boerse Stuttgart Digital Custody GmbH)
- Trading fees of 0.35 % are considered low
- Wallet transfer always free (0 € withdrawal fees)
- Total costs of 4.50 € per trade
- Transparent fee structure
Cons
- Selection with only 10 cryptocurrencies is room for improvement compared with other exchanges
- No savings plan and no staking available
- Only SEPA bank transfer as a payment method – additional options are room for improvement
- 2FA only via SMS – TOTP support is occasionally criticized
User Experiences
AI Analysis—
App Store
3.8—
Google Play
1.5—
Trustpilot
3.2Not enough reviews available.
User reports on BSDEX overall paint a mixed picture: the clear layout, easy usability and low fees are mentioned frequently, while technical hurdles with login and app usage are also noted in the reviews.
This analysis is based on 578 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 platform ratings shown (star ratings) refer to all reviews available there. The reviews presented reflect user experiences and do not represent the site operator's own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
BackpackBSDEX
| ✓ | Savings plan | ✓ |
| ✓ | Staking | ✓ |
| ✓ | Wallet transfer | ✓ |
| ✓ | Cost transparency | ✓ |
| ✓ | 2FA security | ✓ |
| ✓ | SEPA transfer | ✓ |
| ✓ | Credit card | ✓ |
| ✓ | Minimum amount | ✓ |
| ✓ | Mobile app (iOS/Android) | ✓ |
| ✓ | Web platform | ✓ |
| ✓ | SEPA bank transfer | ✓ |
- Maker fees starting at 0.08% are considered low
- VARA license in Dubai
- Wallet and exchange on one platform
- Börse Stuttgart trading venue – Made in Germany
- Free wallet withdrawals for all supported cryptocurrencies
- BaFin-licensed custodian for crypto holdings
- Transparent fee structure starting at 0.35 %
Details
BackpackBSDEX
| Trek Labs (FTX ties) | Company | Baden-Württembergische Wertpapierbörse GmbH |
| Dubai (VARA) | Headquarters | — |
| 2023 | Founded | 2019 |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | Custodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license. |
| Unclear | Minimum Amount | € 10 |
| Yes | KYC | VideoIdent |