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Is Backpack MiCA-Regulated?

Licence status verified 2026-07-02 against the ESMA CASP register

Yes — fully MiCA-authorized

Trek Technologies SIA (Backpack EU) is authorized by the Latvijas Banka (Bank of Latvia) (🇱🇻 Latvia) since May 2026, licensed for 5 of the 10 MiCA crypto-asset services, passported across the EU/EEA.

Authorized entity

Trek Technologies SIA (Backpack EU)

Regulator

Latvijas Banka (Bank of Latvia) (🇱🇻 Latvia)

Spot fees (maker/taker)

0.08% / 0.1%

EU perpetual futures

Yes — 0.02% / 0.05%Via Trek Labs Europe (CySEC, MiFID II — ex-FTX EU) — 40+ pairs, up to 10x, live since Sep 2025

Licensed MiCA services — 5/10

  • Custody & administration (a)
  • Operating a trading platform (b)
  • Exchange crypto ↔ fiat (c)
  • Exchange crypto ↔ crypto (d)
  • Execution of orders (e)
  • Placing of crypto-assets (f)
  • Reception & transmission of orders (g)
  • Advice on crypto-assets (h)
  • Portfolio management (i)
  • Transfer services (j)

About Backpack in the EU

Backpack operates in the EU through Trek Technologies SIA (Backpack EU), supervised by the Latvijas Banka (Bank of Latvia) in Latvia. The authorization was granted in May 2026 and covers 5 of the 10 MiCA crypto-asset services. One authorization passports across all 27 EU member states plus the wider EEA, so Latvia-based supervision covers customers bloc-wide.

Standard spot fees are 0.08% maker / 0.1% taker — below the 0.25% median across MiCA-authorized venues. For derivatives, Backpack via Trek Labs Europe (CySEC, MiFID II — ex-FTX EU) — 40+ pairs, up to 10x, live since Sep 2025 — MiCA itself does not cover perps, so this second licence is what makes the EU offering legal. Across its global platform, Backpack cleared $139M in perp volume over the last 24h (PerpFinder daily snapshot).

Recommended MiCA exchanges

Fully authorized venues we track daily — licence breadth, fees and EU perp access verified against the ESMA register.

Kraken

CBI · 8/10 services · EU perps live

Up to $50 bonus

Claim BonusLicence details
OKX

MFSA · 9/10 services · EU perps live

Up to $10,000 bonus

Claim BonusLicence details
Bybit

FMA Austria · EU spot platform — perps pending MiFID II

Trade on Bybit EULicence details

Backpack MiCA FAQ

Is Backpack MiCA-authorized?+

Yes. Trek Technologies SIA (Backpack EU) holds a MiCA (CASP) authorization from the Latvijas Banka (Bank of Latvia) in Latvia, granted May 2026, covering 5 of the 10 crypto-asset services. The authorization passports across all 27 EU member states and the EEA.

Can EU users trade perpetual futures on Backpack?+

Yes. Via Trek Labs Europe (CySEC, MiFID II — ex-FTX EU) — 40+ pairs, up to 10x, live since Sep 2025

Which MiCA services is Backpack licensed for?+

5 of 10: Custody & administration, Exchange crypto ↔ fiat, Exchange crypto ↔ crypto, Execution of orders, Transfer services.

Which other MiCA-regulated exchanges are worth considering?+

Our recommended MiCA-authorized venues are Kraken, OKX, Bybit. Compare every licence side by side in the full MiCA table.

Sources

Affiliate Disclosure: This page contains affiliate links. We may earn a commission when you sign up through our links, at no extra cost to you. This does not influence our ratings or recommendations.

Risk Warning: Trading perpetual futures involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Only trade with funds you can afford to lose.