In a move that signals a transformative shift in the cryptocurrency landscape, Backpack Exchange has launched its much-anticipated perpetual futures trading in the European Union. This development follows the platform’s strategic acquisition of FTX EU Ltd and further cements its commitment to providing regulated trading solutions to European crypto enthusiasts.
Revolutionizing Crypto Trading in Europe
Backpack Exchange’s official launch of perpetual futures trading is a milestone that opens new doors for cryptocurrency traders in Europe. Operated under a fully regulated European subsidiary, this service allows European users to explore crypto-derivatives with confidence in a compliant and secure environment. Interested users can sign up and begin trading on the platform at eu.backpack.exchange.
A Strategic Acquisition: Strengthening Trust
After acquiring FTX EU Ltd earlier this year, Backpack Exchange has demonstrated its commitment to rebuilding trust in the crypto trading community. Since May 2025, the company has been managing the distribution of claims for former FTX EU customers, thereby positioning itself not only as a trading platform but also as a responsible and transparent player in the industry.
“After fulfilling our promise to refund former FTX EU customers, we commence our journey to become one of the first fully regulated crypto-derivative platforms in Europe, starting with perpetual futures,” said Armani Ferrante, the CEO of Backpack Exchange.
Expanding Horizons Across the Globe
The European launch is just the beginning. Backpack Exchange has ambitious plans to expand into the Japanese and U.S. markets. Operating under MiFID II regulations from Cyprus, the platform currently offers over 40 trading pairs with up to 10x leverage and serves users across 150+ countries.
With a trading volume surpassing $170 billion since 2024, Backpack Exchange is setting elevated industry standards for regulated and compliant crypto trading. “We’re entering Europe at the right time,” Ferrante noted, “where regulatory clarity is emerging, and institutional players are showing increased interest, yet traders still lack strong, regulated platforms.”
A Recommended Solution for Secure Trading
If you’re looking for tools to elevate your crypto trading experience, consider pairing Backpack Exchange services with a crypto hardware wallet like the Ledger Nano S Plus. This wallet is ideal for securing your digital assets while you explore trading opportunities on regulated platforms like Backpack.
Final Thoughts
As cryptocurrency trading evolves, Backpack Exchange’s focus on regulated, transparent, and innovative solutions positions it as a key player in the global crypto ecosystem. With its perpetual futures trading live in Europe and plans for further expansion, the platform is shaping the future of crypto trading worldwide.
