Backpack Exchange vs Bitfinex: fees compared
Every fee that costs you money on Backpack Exchange and Bitfinex, side by side — trading fees at each VIP tier, withdrawal fees coin by coin, deposits and fiat. Sourced from each exchange’s own fee pages.
Backpack ExchangeRank #69 · founded 2023
BitfinexRank #12 · founded 2012The short answer
- Bitfinex charges 0% on spot taker orders versus 0.1% on Backpack Exchange.
- On futures, Bitfinex is cheaper for takers (0% vs 0.05%).
- Bitfinex has the cheaper withdrawal fee on 18 of the 27 coins both exchanges list (2 tie).
- Backpack Exchange publishes the deeper VIP ladder (11 tiers), so high-volume traders can push fees lower there.
Head-to-head
| Fee | Backpack Exchange | Bitfinex |
|---|---|---|
| Trading fees | ||
| Spot maker | 0.08% | 0%cheaper |
| Spot taker | 0.1% | 0%cheaper |
| Futures maker | 0.02% | 0%cheaper |
| Futures taker | 0.05% | 0%cheaper |
| Lowest spot taker (top VIP tier) | 0.025%VIP 5 | 0%cheaperRegular |
| Fee tiers published | 11moreSpot trading | 1Spot trading |
| Fee discount with exchange token | — | — |
| Withdrawals & deposits | ||
| Coins you can withdraw | 6,485moresynced 2026-08-29 00:57 UTC | 106synced 2026-08-29 00:53 UTC |
| Median withdrawal fee (coins on both) | $0.3429cheaperacross 27 coins | $0.6959across 27 coins |
| Cheaper withdrawal on… | 7 coins2 tied | 18 coinsmore2 tied |
| Crypto deposit fee | — | Free |
| Exchange profile | ||
| Volume 24h (spot + derivatives) | $201.00MOI $113.56M | $339.44MmoreOI $752.86M |
| Markets | Spot, Derivativesfounded 2023 | Spot, Derivativesfounded 2012 |
| Fiat currencies | SupportedBank | 4 currenciesUSD, EUR, GBP, JPY |
“Cheaper” marks the better number on that row only. A dash means we have not verified that fee for the exchange yet — it is not a claim that the fee is zero.
What would you actually pay?
- Trading (Tier 4 · 0.05% / 0.07%)
- $600.00
- Withdrawals (4× BTC · Solana · $0.5879 each)
- $2.35
- Trading (Regular · 0% / 0%)
- $0.00
- Withdrawals (4× BTC · Bitcoin · $5.04 each)
- $20.16
At $1M of monthly spot volume (50% maker) plus 4 BTC withdrawals, Bitfinex costs $582.20 less per month — $6,986.34 a year.
Estimate only: it applies each exchange’s published VIP ladder for the market you picked, ignores token-payment discounts, referral rebates and promotional zero-fee pairs, and assumes every withdrawal uses the cheapest network above. Negative fees are maker rebates.
Spot fee tiers side by side
Backpack ExchangeSpot trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Tier 1 | — | 0.08% | 0.1% |
| Tier 2 | $100.00K | 0.07% | 0.09% |
| Tier 3 | $500.00K | 0.06% | 0.08% |
| Tier 4 | $1.00M | 0.05% | 0.07% |
| Tier 5 | $5.00M | 0.04% | 0.06% |
| Tier 6 | $10.00M | 0.03% | 0.05% |
| VIP 1 | $15.00M | 0.02% | 0.045% |
| VIP 2 | $25.00M | 0% | 0.04% |
| VIP 3 | $50.00M | 0% | 0.035% |
| VIP 4 | $75.00M | 0% | 0.03% |
| VIP 5 | $100.00M | 0% | 0.025% |
Source: Backpack Exchange fee schedule ↗ · verified 2026-08-28
BitfinexSpot trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Regular | — | 0% | 0% |
Source: Bitfinex fee schedule ↗ · verified 2026-08-28
Futures fee tiers side by side
Backpack ExchangeFutures trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Tier 1 | — | 0.02% | 0.05% |
| Tier 2 | $500.00K | 0.019% | 0.045% |
| Tier 3 | $1.00M | 0.018% | 0.04% |
| Tier 4 | $5.00M | 0.016% | 0.035% |
| Tier 5 | $10.00M | 0.013% | 0.03% |
| Tier 6 | $25.00M | 0.01% | 0.028% |
| VIP 1 | $50.00M | 0.01% | 0.026% |
| VIP 2 | $100.00M | 0% | 0.024% |
| VIP 3 | $150.00M | 0% | 0.022% |
| VIP 4 | $200.00M | 0% | 0.02% |
| VIP 5 | $300.00M | 0% | 0.018% |
Source: Backpack Exchange fee schedule ↗ · verified 2026-08-28
BitfinexFutures trading
| Tier | 30d volume ≥ | Maker | Taker |
|---|---|---|---|
| Regular | — | 0% | 0% |
Source: Bitfinex fee schedule ↗ · verified 2026-08-28
Withdrawal fees, coin by coin27 coins on both
| Coin | Backpack Exchange | Bitfinex | Cheaper |
|---|---|---|---|
 BTCBitcoin | 0.0₅7000 BTC$0.5879 · Solana +1 | 0.0₄6000 BTC$5.04 · Bitcoin | Backpack Exchangesaves $4.45 |
 ETHEthereum | 0.0002000 ETH$0.5375 · Arbitrum One +3 | 0.001000 ETH$2.69 · Ethereum (ERC20) | Backpack Exchangesaves $2.15 |
 USDTTether USDt | 0.1000 USDT$0.09997 · Sei +13 | Free$0.00 · Tron (TRC20) +12 | Bitfinexsaves $0.09997 |
 XRPXRP | 0.2000 XRP$0.3091 · XRP Ledger | 0.1000 XRP$0.1545 · XRP Ledger | Bitfinexsaves $0.1545 |
 USDCUSDC | 0.1000 USDC$0.09997 · Sui +10 | 2.1484 USDC$2.15 · USDc | Backpack Exchangesaves $2.05 |
 SOLSolana | 0.005000 SOL$0.6046 · Solana | 0.005000 SOL$0.6046 · Solana | same |
 TRXTRON | 8.9 TRX$2.99 · Tron (TRC20) | 1 TRX$0.3361 · Tron (TRC20) | Bitfinexsaves $2.66 |
 ZECZcash | 0.0002000 ZEC$0.3077 · Zcash | 0.003000 ZEC$4.62 · Zcash | Backpack Exchangesaves $4.31 |
 HYPEHyperliquid | 0.001000 HYPE$0.09241 · HyperEVM | Free$0.00 · Hyperliquid | Bitfinexsaves $0.09241 |
 DOGEDogecoin | 2 DOGE$0.1949 · Dogecoin | Free$0.00 · Dogecoin | Bitfinexsaves $0.1949 |
 LINKChainlink | 0.2200 LINK$3.17 · Ethereum (ERC20) | 0.2348 LINK$3.38 · ChainLink | Backpack Exchangesaves $0.2133 |
 ADACardano | 0.4000 ADA$0.1027 · Cardano | 0.3000 ADA$0.07701 · Cardano | Bitfinexsaves $0.02567 |
 UNIUniswap | 0.5700 UNI$5.49 · Ethereum (ERC20) | 0.5578 UNI$5.38 · Uniswap | Bitfinexsaves $0.1179 |
 LTCLitecoin | 0.001000 LTC$0.07262 · Litecoin | 0.001000 LTC$0.07262 · Litecoin | same |
 SUISui | 0.1000 SUI$0.1176 · Sui | Free$0.00 · Sui | Bitfinexsaves $0.1176 |
 SHIBShiba Inu | 484,121 SHIB$2.87 · Ethereum (ERC20) | 363,330 SHIB$2.16 · Shiba Inu | Bitfinexsaves $0.7169 |
 ENAEthena | 16 ENA$4.48 · Ethereum (ERC20) | 20.718 ENA$5.81 · Ethena Labs | Backpack Exchangesaves $1.32 |
 AAVEAave | 0.02100 AAVE$3.25 · Ethereum (ERC20) | 0.01883 AAVE$2.91 · Aave | Bitfinexsaves $0.3362 |
 PEPEPepe | 681,199 PEPE$3.01 · Ethereum (ERC20) | 628,370 PEPE$2.77 · Pepe | Bitfinexsaves $0.2332 |
 POLPolygon (prev. MATIC) | 1 POL$0.1177 · Polygon +1 | 24.561 POL$2.89 · Polygon | Backpack Exchangesaves $2.77 |
 JUPJupiter | 2.3 JUP$0.8003 · Solana | 2 JUP$0.6959 · Jupiter | Bitfinexsaves $0.1044 |
 APTAptos | 0.2000 APT$0.1731 · Aptos | Free$0.00 · Aptos | Bitfinexsaves $0.1731 |
 STABLEStable | 13 STABLE$0.3429 · Stable | Free$0.00 · Stable | Bitfinexsaves $0.3429 |
 ZROLayerZero | 2.3 ZRO$3.69 · Ethereum (ERC20) | 1.0255 ZRO$1.64 · LayerZero | Bitfinexsaves $2.04 |
 SEISei | 1 SEI$0.07296 · Sei | Free$0.00 · Sei | Bitfinexsaves $0.07296 |
Showing 1–25 of 27 coins
Deposit, fiat, card and other fees
| Fee | Backpack Exchange | Bitfinex |
|---|---|---|
| Crypto deposit fee | — | Free |
Backpack Exchange vs Bitfinex — FAQ
Is Backpack Exchange or Bitfinex cheaper?
Bitfinex charges 0% on spot taker orders versus 0.1% on Backpack Exchange. On futures, Bitfinex is cheaper for takers (0% vs 0.05%). Bitfinex has the cheaper withdrawal fee on 18 of the 27 coins both exchanges list (2 tie). Backpack Exchange publishes the deeper VIP ladder (11 tiers), so high-volume traders can push fees lower there.
Which has lower trading fees, Backpack Exchange or Bitfinex?
Backpack Exchange charges 0.1% taker / 0.08% maker on spot and 0.05% taker on futures at the entry tier. Bitfinex charges 0% taker / 0% maker on spot and 0% taker on futures. Across the metrics we compare, Bitfinex wins more of them. Both drop as your 30-day volume grows — use the calculator above to price your own volume.
Which is cheaper for withdrawals, Backpack Exchange or Bitfinex?
Of the 27 coins both exchanges let you withdraw, Backpack Exchange is cheaper on 7, Bitfinex on 18, and 2 are identical. The median withdrawal fee on that shared basket is $0.3429 on Backpack Exchange versus $0.6959 on Bitfinex. Bitfinex is the cheaper default, but the winner changes coin by coin — check the coin you actually withdraw.
How can I pay lower fees on Backpack Exchange or Bitfinex?
Both exchanges also cut maker/taker rates as your 30-day volume rises — Backpack Exchange publishes 11 tiers and Bitfinex publishes 1 tier. Choosing the cheapest withdrawal network matters just as much: on many coins the gap between networks is larger than the gap between exchanges.
Are these Backpack Exchange and Bitfinex fees up to date?
Trading fees are hand-curated from each exchange's official fee schedule and carry the date we last verified them (2026-08-28 for Backpack Exchange, 2026-08-28 for Bitfinex). Withdrawal fees are synced from each exchange's own API or fee page (last sync 2026-08-29 00:57 UTC for Backpack Exchange, 2026-08-29 00:53 UTC for Bitfinex). USD amounts are recomputed at the live coin price.
Other comparisons
Trading and other fee numbers are hand-curated from each exchange’s official fee pages (linked next to every tier table) and carry the date we last verified them. Withdrawal fees are synced from each exchange’s own API or fee page; USD amounts are computed at the current live coin price, so they move with the market. Rates exclude referral rebates, promotional zero-fee pairs and regional pricing. Full detail per exchange: Backpack Exchange fees · Bitfinex fees.