YieldCompare · head to head
Backpack Exchange vs Nexo
Asset-by-asset comparison of rates and risk profiles
Backpack Exchange
Safety grade C
5 checks ✓ ✓ ✓ ✗ ✗
USDT 1.78 %
BTC 0.03 %
ETH 0.05 %
Top product USDT · 1.78 %
Products tracked 14
Coins tracked 14
Jurisdiction UAE (Dubai VARA), Cyprus (CySEC), USA (FinCEN MSB)
Founded 2024
Min deposit $1
Open Backpack Exchange → 
Nexo
Safety grade C
5 checks ✗ ✓ ✓ ✓ ✗
USDT 5.5 %
BTC 2.0 %
ETH 3.25 %
Top product DOT · 8.5 %
Products tracked 13
Coins tracked 13
Jurisdiction EU (Lithuania), Switzerland
Founded 2018
Min deposit $1
Open Nexo → Coin by coin
Shared coins, side by side
| Asset | Backpack Exchange | Nexo | Winner |
|---|---|---|---|
| USDT | 1.78 % | 5.5 % | ★ Nexo |
| USDC | 0.56 % | 5.5 % | ★ Nexo |
| SOL | 0.4 % | 4.0 % | ★ Nexo |
| XRP | 0.02 % | 3.75 % | ★ Nexo |
| ETH | 0.05 % | 3.25 % | ★ Nexo |
| BTC | 0.03 % | 2.0 % | ★ Nexo |
| DOT | — | 8.5 % | ★ Nexo |
| ATOM | — | 6.0 % | ★ Nexo |
| TRX | — | 4.25 % | ★ Nexo |
| AVAX | — | 4.0 % | ★ Nexo |
| LTC | — | 4.0 % | ★ Nexo |
| ADA | — | 3.5 % | ★ Nexo |
| LINK | — | 2.5 % | ★ Nexo |
| MON | 1.14 % | — | ★ Backpack Exchange |
| SUI | 0.78 % | — | ★ Backpack Exchange |
| DOGE | 0.68 % | — | ★ Backpack Exchange |
| XPL | 0.29 % | — | ★ Backpack Exchange |
| APT | 0.27 % | — | ★ Backpack Exchange |
| SEI | 0.09 % | — | ★ Backpack Exchange |
| BNB | 0.03 % | — | ★ Backpack Exchange |
| HYPE | 0.01 % | — | ★ Backpack Exchange |
Safety — check by check
| Check | C Backpack Exchange | C Nexo |
|---|---|---|
| Regulation | ✓ | ✗ |
| Proof-of-Reserves | ✓ | ✓ |
| Flexible withdrawal | ✓ | ✓ |
| Insurance Fund | ✗ | ✓ |
| Track record (2+ years incident-free) | ✗ | ✗ |
| Score | 3/5 · C | 3/5 · C |
The five public criteria behind each platform's grade. Each ✓ is one point — more points, safer grade. A highlighted ✓ is where one platform wins the criterion outright.