How the Backpack EU Reliability Score is built
7.0/10Every part is scored with the same published method. Points are given only for facts confirmed from a public source. How we rate
Pros
- MiCA passport for 29 of 30 EEA countries
- Published proof of reserves
- Withdrawal address allow-list
Cons
- Euro withdrawal fee not published
MiCA authorisation
Authorised- EU entity"Trek Technologies" SIA
- LEI6488C2PNI17093U2YA18
- RegulatorLatvijas Banka
- Home stateLatvia
- Authorised27 May 2026
- Passport29 of 30 EEA countries
Authorised MiCA services (5)
- Custody of crypto-assets
- Exchange for funds (EUR)
- Crypto-to-crypto exchange
- Order execution
- Transfer services
Source: ESMA interim MiCA register, downloaded 24 October 2026. How to check a licence
Company and track record
- Founded2022
- Registered addressBrīvības iela 40 - 37, Rīga, LV-1050
Fees
Fee schedule ↗Trading fees depend on the product and screen you use, so check the fee schedule or the app before you buy.
Try the fee calculator to see what one purchase costs in total.
Payments
Deposit methods are shown in the app before you pay.
Coins and products
- TypeExchange
Account security
- Two-factor authenticationYes
- Withdrawal address allow-listYes
- Proof of reservesYes
"Not confirmed" means we could not confirm the feature from a public source; it does not mean the feature is missing.
Identity checks (KYC)
RequiredBackpack EU verifies the identity of every customer before trading, as EU anti-money laundering rules require.
Where Backpack EU is available under MiCA
Checking your location…Notified in 29 EEA countries
Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
A MiCA passport means the firm may offer its services in that country; it can still choose not to accept customers from every country.
Backpack EU review: proof of reserves
Backpack EU's homepage describes daily proof of reserves and real-time tracking of assets and liabilities.
The reserves page itself did not load fully during checking.
Backpack EU review: how the Reliability Score was calculated
The Backpack EU Reliability Score is 7.0 out of 10, rated Good, calculated with the same published method as every other exchange.
| Part | Points | Basis |
|---|---|---|
| MiCA licence | 3 / 3 | Authorised by Latvijas Banka, passport notified for 29 of 30 EEA countries |
| Track record | 1 / 2 | Operating since 2022 |
| Transparency | 1 / 1 | Fee schedule published; proof of reserves published |
| Identity checks | 1 / 1 | Identity verification (KYC) required before trading |
| Account protection | 1 / 1 | Two-factor authentication available; withdrawal address allow-list available |
| Euro withdrawals | 0 / 2 | Euro withdrawals to a bank account not confirmed from a public source |
Points are given only for facts confirmed from a public source; "not confirmed" means we could not confirm a feature, not that it is missing.
Backpack EU review: compared with similar MiCA providers
The table below places Backpack EU next to similar MiCA providers, so that differences in authorisation and score are easy to see.
| Exchange | Type | Regulator | EEA countries | Reliability Score |
|---|---|---|---|---|
| Backpack EU | Exchange | Latvijas Banka | 29 | 7.0 |
| Bybit EU | Exchange | FMA | 29 | 7.5 |
| OKX | Exchange | MFSA | 30 | 9.5 |
| Gate EU | Exchange | MFSA | 30 | 7.5 |
Register facts from ESMA; Reliability Scores calculated with the published method.
Scores measure documented reliability factors, not which provider is cheapest for your way of buying.
Backpack EU review: what a purchase would cost
The trading fee for Backpack EU has not yet been confirmed on its EU fee page, so enter the fee you see before you buy.
Backpack EU review: who it may suit
Backpack EU is a newer authorisation in the register, notified in May 2026 by Latvijas Banka, and it describes daily proof of reserves on its homepage.
Because few facts could yet be verified on its EU site, it is best approached cautiously, with small amounts, until fees, euro payments and terms are clear.
Backpack EU review: related guides and tools
Frequently asked questions
Is Backpack EU MiCA-authorised?
Yes. "Trek Technologies" SIA is listed in ESMA's register as Backpack EU, authorised by Latvijas Banka.
Does Backpack EU publish proof of reserves?
Its homepage describes daily proof of reserves.
Does this site compare Backpack's derivatives?
No. Derivatives fall outside MiCA, and this site does not compare leveraged products.
Every figure on this page is checked against the ESMA register, the exchange's own terms and fee pages or another primary source, and the sources are listed above. Editorial policy · How we rate