Lykke vs Backpack

Compare Lykke and Backpack reviews, prices, features and more side-by-side

About
Rating
Features
  • Withdrawable
  • Integrated Wallet
  • Proof Of Reserves
  • Instant Verification
  • Mobile App
  • Business Accounts
  • Affiliate Program
  • Two-factor Authentication
  • Licensed / Regulated
  • Crypto Cards
Payment Methods
  • Bank Transfer
  • SEPA
  • Klarna
  • Skrill
  • Paypal
  • Credit card
  • Apple Pay
  • Amazon
  • Giropay
  • iDeal
  • Bancontact / Mister Cash
  • eps Online Transfer
  • POLI-pay
  • Veloxxa
  • Google Pay
  • Revolut Pay
  • Faster Payments
Prices

  • Bitcoin BTC

  • Ethereum ETH

  • Tether USDT

  • Binance Coin BNB

  • Ripple XRP

  • TRON TRX

  • Hyperliquid HYPE

  • Dogecoin DOGE

  • Chainlink LINK

  • NEAR Protocol NEAR

  • Uniswap UNI

  • Sui SUI

  • SHIBA INU SHIB

  • Pepe PEPE

  • Aave AAVE

  • Aptos APT

  • Zcash ZEC

  • Solana SOL

Lykke Lykke
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This exchange is no longer active

Lykke was a Swiss-based cryptocurrency trading app founded in 2015 by Richard Olsen. It offers a zero-fee trading platform for cryptocurrencies and fiat currencies, with a focus on providing a comprehensive ecosystem for both retail and institutional clients. Lykke has been declared insolvent after years of financial struggles and a devastating June 2024 cyberattack that stole CHF 22.8 million — about a quarter of its total assets. Despite efforts to recover, trading ceased in December 2024, and liquidation proceedings began for its parent company and operating subsidiary. Customers face uncertainty about their crypto holdings, with many criticizing poor communication and pursuing legal action against founder Richard Olsen. Olsen has expressed hopes of compensating users through potential future profits from unrelated ventures, but no concrete plans have been disclosed, which is why we're marking Lykke 'dead' on Cryptoradar.

  • 3.90%

  • 3.90%

  • 3.90%

  • 3.90%

Backpack Backpack
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Backpack Exchange is a regulated crypto platform focused on security and transparency. Users can buy, sell, and trade cryptocurrencies, while earning interest through auto-lending without locking funds. Licensed in Dubai and expanding to the EU, Backpack offers proof-of-reserves and secure custody to protect users, making it beginner-friendly yet powerful for experienced traders.

4.9 / 5

2 user ratings

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Ease of Use

5.0

Value for Money

5.0

Verification

4.5

Support

5.0

  • Dubai Virtual Assets Regulatory Authority (VARA)

  • $73,786.17

  • $2,068.30

  • $1.00

  • $684.65

  • $1.07

  • $0.32

  • $73.39

  • $0.0690

  • $10.39

  • $3.59

  • $6.85

  • $0.83

  • $0.000005

  • $124.93

  • $0.58

  • $1,164.33

  • $84.25

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