Backpack vs Believe
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Backpack
This app allows users to buy, trade, and earn various cryptocurrencies. It offers a secure crypto exchange and a multi-chain wallet to explore decentralized applications and NFTs. Features include advanced trading options, low-fee token swaps, and robust security measures like scam detection and hardware wallet integration.
- Trade spot, margin, and futures
- Earn yield on collateral
- Create wallets on multiple blockchains
- Buy, sell, swap, and bridge tokens
- Explore dApps and NFTs
- Scam detection alerts
- Hardware wallet integration
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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
Believe
Support individuals you believe in, from creators to founders. Your backing can lead to potential rewards if they achieve success. Discover emerging talent and invest in their future.
- Support emerging talent
- Invest in creators
- Back promising founders
- Potential for financial upside
- Discover new artists and YouTubers
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Believe lets you support people you believe in and potentially win when they win. Found an up-and-coming YouTuber you love? Support their journey. Discovered an artist who’s about to break through? Get in early. Know a founder with big potential? Stand behind them. Your belief can turn into real upside as they succeed.
Screenshots
Verdict
The clearest difference is review sentiment: Backpack at 81% against Believe's 22%. Backpack also leads on rating (4.4 vs 3.9) and ads (none vs shown). On price, ratings volume, update cadence and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Backpack holds the better App Store score, 4.4 against 3.9. Both are backed by a comparable volume of ratings — 231 and 343 respectively. Written reviews point the same way: 81% of Backpack's written reviews are positive against 22% of Believe's.
Backpack ships an update weekly, Believe every 5 days. The most recent releases landed on September 22, 2026 and August 28, 2026 respectively.
| Parameter | Backpack | Believe |
|---|---|---|
| Price | Free | Free |
| Rating | 4.4 (231 ratings) — better | 3.9 (343 ratings) |
| Positive reviews | 81.5% of reviews — better | 22.4% of reviews |
| Number of ratings | 231 | 343 — better |
| Update frequency | Weekly | Every 5 days — better |
| Ads | No — better | Yes |
| In-app purchases | No | No |
| Monetization | Free — better | Ad-supported |
| Devices | iPhone | iPhone |
| Requires iOS | 16.4 — better | 17.0 |
| Further details — not scored | ||
| Size | 129 MB | 37 MB |
| Age rating | 17+ | 17+ |
| Developer | Backpack Technologies Ltd. | B24, Inc. |
Customer experience
Backpack
Believe
User reviews
Backpack
From 231 App Store ratingsWhat we love
- 🚀 Convenient, fast, and smooth
- 🔒 Robust security features
- 👍 User-friendly interface
- 💡 Innovative features like auto-lending
- 🚀 Lightning-fast transactions
Room to improve
- 🐛 Occasional bugs and crashes
- 🐛 Compatibility issues with older devices
- 🐛 Wallet functionality breaks after updates
- 🐛 In-app browser not working reliably
Believe
From 343 App Store ratingsWhat we love
- 🚀 Earn money quickly
- 💡 Innovative platform
Room to improve
- 🐛 Glitchy and buggy app
- 🔒 Inability to withdraw funds
- 🔒 Money locked in app
- 🔒 Scam/Ponzi scheme
Bugs and requests
Backpack
Reported bugs
4 issues- Wallet not allowing transactions during network congestion
- Keyboard issues preventing users from entering information
- Wallet not displaying correct token balances
- Wallet not connecting to popular DeFi platforms
Requested features
5 requests- Add support for more blockchain networks
- Implement advanced trading tools and analytics
- Improve wallet backup and recovery options
- Add address book functionality
- Introduce dark mode and customization options
Believe
Reported bugs
3 issues- App crashes when trying to withdraw
- Withdrawal page glitches
- Unable to see account balance
Requested features
2 requests- Stable withdrawal process
- Improved customer support
In-app purchases
Backpack
No in-app purchases
Believe
No in-app purchases









