What is the Backpack Exchange?
The Backpack Exchange is a regulated CEX with a streamlined KYC process and advanced trading tools that services users worldwide.
Backpack is a centralized crypto exchange.
Backpack is a regulated centralized exchange (CEX) that operates in jurisdictions across the world.
streamlined registration & KYC (Know Your Customer) processes
Multi-Party Computation
low latency order execution
Spot trading is live with margin trading, derivatives, cross-collateral options coming soon.
The Backpack Exchange is in Beta mode, register here.
Backpack Exchange is regulated.
Backpack operates on the Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA).
VARA is the worlds first independent regulator for virtual assets. They provide a framework for Backpack to operate transparently in all jurisdictions:
robust KYC requirements
investor safeguards
ongoing audits
Backpack Exchange is secure.
Backpack is built on a private blockchain that is designed specifically to run a crypto exchange.
Each deposit, withdrawal, order placement and cancel is agreed upon by independent nodes on the network.
Our standards are rigorous.
Our bar is high, and we are committed to not only do things right by the current financial rules, but to forge new paths for centralized institutions leveraging cryptography for trust minimization.
Backpack Exchange is audited.
Backpack's smart contracts are routinely audited by external security researchers at OtterSec and other independent auditors.
