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Backpack

Crypto exchange·AE·Est. 2023

VARA-licensed Dubai crypto exchange.

TW Score
2.7/10
Editorial score · no reviews yet
#79 in crypto exchange
Write a review · +25 TW
Reviewed by the TradersWeek research teamLast updated How we rate brokersHow we make money

Backpack is a cryptocurrency exchange licensed by Dubai Virtual Assets Regulatory Authority, offering spot and futures trading.

Score breakdown

License
0.0
Regulatory
0.0
Business
4.5
Software
7.0
Risk
6.0
Community
No reviews yet

Pros and cons

Cons

  • No market-conduct regulator (registration-level oversight only)
  • Narrow market coverage (single asset class)
  • Short track record (founded 2023)

Regulation

Check the regulation

Listed under Other, which are not top-tier authorities. Verify the license on the regulator's register before you deposit.

AuthorityLicenseCountryStatusRegister
Licence—AEActive—

Licence numbers as published by the broker — not yet checked against the register.

At a glance

Platforms
WEB, MOBILE, PROPRIETARY
Assets
crypto
Headquarters
Dubai, AE
Founded
2023

Company news

Latest from Backpack

CryptoJul 15

Backpack CEO advocates for mandatory withdrawal delays to enhance security

CryptoJul 10

Backpack Launches First 24/7 Market for Real U.S. Equities

CryptoJul 2

Introducing Tokenized RoboStrategy ($BOT)

CryptoJun 2

Backpack Launches Securities Platform Bridging Traditional and Digital Asset Markets

CryptoMar 5

Backpack Welcomes Mark Wetjen as President of Backpack US

Trader reviews

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TW Score and listings are informational, not financial advice or an endorsement. Regulatory data reflects public registers at the time of review and can change. Verify a broker directly with the relevant regulator before opening an account. Brokers can respond and correct their profile by claiming it.