VSBackpack EU vs Bullish Europe
Beta EU platform with Cyprus-regulated derivatives and Australian spot/custody — BaFin-licensed MiCA exchange restricted to qualifying Professional Investors
Updated: September 2026
Important availability and verification notice
Backpack EU and Bullish Europe are not currently included in active recommendations. The comparison route remains available for documentation.
At least one spot fee for Backpack EU and Bullish Europe is not publicly verified without conflict. The values remain visible but do not produce a fee winner or savings calculation.
Backpack EU and Bullish Europe are shown here as documented datasets. This comparison remains available for documentation, but it does not name an active overall recommendation or winner. Backpack EU: Backpack EU is in Beta and may be invite-only or waitlist-based. Derivatives are regulated under Cyprus MiFID II; spot/custody are provided by an Australian entity, not a MiCA CASP. Bullish Europe: Bullish Europe requires EU clients to meet Professional Investor criteria and pass a knowledge test before KYC. It is not a general retail exchange. Historical or publicly unverified figures remain labelled and do not drive best-price claims.
Editorial CryptoExchangePicks Ratings
This comparison remains available for documentation, but it does not name an active overall recommendation or winner. Backpack EU: Backpack EU is in Beta and may be invite-only or waitlist-based. Derivatives are regulated under Cyprus MiFID II; spot/custody are provided by an Australian entity, not a MiCA CASP. Bullish Europe: Bullish Europe requires EU clients to meet Professional Investor criteria and pass a knowledge test before KYC. It is not a general retail exchange.
Availability Status
This comparison remains available for documentation, but it does not name an active overall recommendation or winner. Backpack EU: Backpack EU is in Beta and may be invite-only or waitlist-based. Derivatives are regulated under Cyprus MiFID II; spot/custody are provided by an Australian entity, not a MiCA CASP. Bullish Europe: Bullish Europe requires EU clients to meet Professional Investor criteria and pass a knowledge test before KYC. It is not a general retail exchange.
Comparison Table
| Criteria | Backpack EU | Bullish Europe | 🏆 |
|---|---|---|---|
| Spot Maker Fee | 0.08% | 0.00% | — |
| Spot Taker Fee | 0.10% | 0.01% | — |
| Futures Maker Fee | 0.02% | N/A | — |
| Futures Taker Fee | 0.05% | N/A | — |
| Max Leverage | 10x on the checked BTC perpetual market | N/A | — |
| Trading Pairs | Selected spot and perp markets | Selected markets | — |
| Copy Trading | No | No | — |
| Grid Bots | No | No | — |
| Insurance Fund | Cyprus Investor Compensation Fund covers eligible investment-service claims up to the lower of 90% or EUR 20,000; it does not automatically cover Australian-custodied spot crypto | Full Reserve, 1:1 segregation and independent Deloitte review; no quantified public insurance fund | — |
| KYC | Required, including appropriateness assessment | Professional-Investor pre-qualification, knowledge test and KYC required | — |
| Editorial Rating | 3.9/5 | 3.9/5 | — |
Bonus via CryptoExchangePicks
Backpack EU via CryptoExchangePicks
No bonus available
Bullish Europe via CryptoExchangePicks
No bonus available
Fees in Detail
Backpack EU
ⓘ Spot fee is not publicly verified without conflict; no fee-winner badge is shown.
Bullish Europe
ⓘ Spot fee is not publicly verified without conflict; no fee-winner badge is shown.
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