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Backpack: Trade, Invest & Earn

Backpack: Trade, Invest & Earn

Crypto, Wallet, Money

240 ratings
192 reviews
🔧 Utilities
💰 Finance
Free

Details

Released
October 26, 2023
Updated
October 30, 2026

Features

Developer

Backpack Technologies Ltd.
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About

Manage all your crypto and cash assets in one place. Trade, invest, and earn yield on your holdings with advanced security and global money movement features. Seamlessly integrate your noncustodial wallet and exchange for a unified financial experience.

✓Unified portfolio for crypto and cash
✓Trade spot, margin, and perpetual futures
✓Earn yield on USD and crypto assets
✓Global money movement and conversion
✓Noncustodial wallet and exchange integration
✓Advanced security with proof of reserves
✓Subaccounts for risk management
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What users say about Backpack

Reviews of Backpack are mostly positive: the Finance app is rated 4.4/5 from 240 App Store ratings. What users like most: convenient, fast, and smooth, robust security features. Top complaints: occasional bugs and crashes, compatibility issues with older devices. Summarized from real user reviews.

Positive things

  • 🚀Convenient, fast, and smooth
  • 🔒Robust security features
  • 👍User-friendly interface
  • 💡Innovative features like auto-lending
  • 🚀Lightning-fast transactions
  • 🚀Seamless wallet and exchange integration
  • 👍Intuitive and easy to navigate
  • 👍Responsive customer support

Negative things

  • 🐛Occasional bugs and crashes
  • 🐛Compatibility issues with older devices
  • 🐛Wallet functionality breaks after updates
  • 🐛In-app browser not working reliably
See all reviews

What's New in Backpack

3.0.1

October 30, 2026

Bug fixes and performance improvements.

User reviews

Most RecentHighest RatedLowest Rated

Backpack - You’re assets on you’re time

Backpack & Armani are goated. Huge thank you to all the support and discord team.
AAlwayslosesWTFDeGod

Easy to use

Another level exceed my expectations
YYrtygfs

Easy and lovely

All what you need is in backpack
OOma.7

From Hype to Disappointment

Ordinary users either gamble heavily on BP tokens or act as “referral brokers” to get card invites, and neither path is appealing. Using an exchange directly, like OKX, is far better, and the card still requires an e‑card. I’m already planning to close and uninstall my BP account.
PBPaul berin

Bridging failed, lost 1200USDC

I bridged 1,200 from Monad chain to Solana chain. It never arrived. Stuck as “not confirmed” for many days. Can you help, guys? Want the hash?
HHectorniyan
See 187 more reviews

User experience

🐞

Reported Bugs

4 issues

Wallet not allowing transactions during network congestion

Bug

Keyboard issues preventing users from entering information

Bug

Wallet not displaying correct token balances

Bug

Wallet not connecting to popular DeFi platforms

Bug
✨

Requested Features

5 requests

Add support for more blockchain networks

Feature

Implement advanced trading tools and analytics

Feature

Improve wallet backup and recovery options

Feature

Add address book functionality

Feature

Introduce dark mode and customization options

Feature

FAQ

What is Backpack?

Backpack is a modern finance app that unifies crypto trading, investing, earning, and self-custody wallet management. It allows users to manage all their assets in one place with advanced security features and global money movement capabilities.

What cryptocurrencies can I trade on Backpack?

You can trade Bitcoin, Solana, Ethereum, and more from one unified account. The app supports trading spot, margin, and perpetual futures, allowing for flexible management of your trading and hedging strategies.

How can I earn on my assets with Backpack?

Backpack allows you to earn yield on your cash and crypto assets. You can earn 3.35% APY on eligible USD balances and boost it up to 6.35% APY through the Participant Program. You can also earn yield on crypto and on unrealized futures profits.

Is Backpack secure?

Yes, Backpack is built for transparency, control, and protection. It features daily zero-knowledge proof of reserves for the exchange, is licensed and regulated, and offers built-in scam and transaction warnings. Self-custody with control of your keys and hardware wallet support are also available.

Can I move money globally with Backpack?

Backpack facilitates easy global money movement. You can convert assets with zero fees, move between USD and USDC 1:1, and deposit/withdraw fiat globally with monthly free wire allowances. It also supports stablecoin and asset transfers across 15+ networks.

Does Backpack have ads?

Backpack is free to download and use and does not contain advertisements. The app focuses on providing a seamless user experience without interruptions from ads.

What is the user sentiment for Backpack?

User reviews for Backpack are generally positive, with users highlighting its convenience, speed, robust security, and user-friendly interface. The seamless integration of wallet and exchange features is also frequently praised.

What devices does Backpack support?

Backpack is currently supported on iPhone devices. The app is designed to provide a comprehensive financial management experience on iOS.