Backpack vs Cobak

Backpack is the modern finance app for crypto. Trade, invest, earn, and manage all your assets all in one place. ONE PORTFOLIO. UNIFIED CAPITAL. Buy and trade Bitcoin, Solana, Ethereum, and more from one unified account. • Trade spot, margin, and perpetual futures from one unified, cross-margined account • Manage trading, hedging, and earning without moving funds between separate accounts • Separate strategies and risk with subaccounts • Use advanced charts, order types, price alerts, and watchlists PUT YOUR ASSETS TO WORK Earn on your cash and crypto assets while keeping your capital flexible. • Earn 3.35% APY on eligible USD balances, with no minimums or caps¹ • Boost eligible USD yield up to 6.35% APY through the Backpack Participant Program² • Earn yield on crypto while keeping it available for trading • Earn on unrealized futures profits while your positions stay open • Earn native staking rewards on SOL across Backpack Exchange and Wallet Rates are variable and subject to change. MOVE MONEY GLOBALLY Fund, convert, and move money easily. • Convert assets with zero fees³ • Move between USD and USDC 1:1 • Deposit and withdraw fiat globally, with monthly free wire allowances⁴ • Deposit and withdraw stablecoins and other assets across 15+ networks YOUR EXCHANGE. YOUR WALLET. Use both Backpack’s noncustodial wallet and exchange together in one app. • Seamlessly move assets between your exchange account and self-custody wallet • Manage assets across multiple networks from one wallet • Buy, sell, swap, and bridge tokens • Explore dApps, DeFi positions, and NFTs • Connect hardware wallets SECURITY YOU CAN VERIFY Built for transparency, control, and protection. • Daily zero-knowledge proof of reserves for Backpack Exchange • Licensed and regulated across multiple jurisdictions • Built-in scam and transaction warnings • Self-custody with control of your keys and hardware wallet support • Independent third-party security audits Backpack brings trading, investing, earning, money movement, self-custody, and onchain access together in one modern finance app. Stake BP through the Backpack Participant Program to unlock lower trading fees, additional USD yield, free wires, and other benefits.⁵ ¹ 3.35% APY applies to eligible USD balances. Rates are variable and subject to change. ² Boosted yield up to 6.35% APY is subject to Participant Program eligibility and applicable terms. Rates are variable and subject to change. ³ Zero-fee conversion applies to eligible conversions. ⁴ Monthly free wire allowances vary by Participant Program tier and eligibility. ⁵ Participant Program benefits and eligibility are subject to staking requirements, applicable terms, jurisdictional restrictions, and change. Backpack operates through regulated entities in multiple jurisdictions, including under VARA in Dubai and MiCA, MiFID II, and PSD2 frameworks in the European Union. Products and availability vary by jurisdiction. Availability of certain features varies by region. Trading involves risk, including possible loss of principal. Find us on X: @Backpack

■ Korea's Largest Crypto Investment Community A space where active investors gather to share information. From coin info, airdrops, and stocks & investments to crypto Q&As and general discussion boards — every topic you need for your investment journey is here on Cobak. ■ KOL — Direct Insights from Crypto Influencers Discover market analyses and crypto outlooks straight from active Key Opinion Leaders (KOLs) within the community. You can easily find them all gathered in the dedicated KOL tab. ■ Spaces — Topic-Based Community Groups Join thematic Spaces based on your interests, such as specific coins, trading strategies, or airdrop information. Explore a wide variety of groups, ranging from Spaces managed directly by KOLs to user-created communities. ■ Cobak Live — Weekly Thursday Quiz Events Participate in our real-time quiz every Thursday at 3 PM and earn points! Make the most out of the Cobak community through these fun, interactive live events. ■ Cobak Wallet Manage your crypto conveniently with the built-in Cobak Wallet, which supports the Ethereum and Polygon networks. MetaMask and WalletConnect integrations are also supported. ■ Real-Time News & Exchange Alerts Get real-time updates on the latest news regarding major coins like Bitcoin and Ethereum, as well as abnormal exchange signals (e.g., sudden spikes in trading volume or steep price drops). Contact: info@cobak.co