News View Non-AMP

Backpack Launches Fully Regulated Perpetual Futures Trading for EU Crypto Traders

Published by
Nidhi Kolhapur

Crypto trading in Europe just got a major upgrade. 

Backpack Exchange is opening new doors to opportunities that were once out of reach and is setting the stage for a new era in crypto derivatives.

Backpack Launches Regulated Perpetual Futures in Europe

The platform has officially launched perpetual futures trading in the EU, through its fully regulated European subsidiary. European users can sign up and start trading at eu.backpack.exchange.

This milestone follows Backpack’s acquisition of FTX EU Ltd earlier this year, a strategic move to strengthen the platform’s regulatory standing.

“After fulfilling our promise to refund former FTX EU customers, we commence our journey to provide one of the first fully regulated crypto-derivatives platforms in Europe, starting with perpetual futures,” said Armani Ferrante, CEO of Backpack.

Ferrante added that Backpack has entered Europe at the right time, when rules are becoming clearer, more institutions are joining in, but traders still lack regulated options. 

Restoring Trust by Helping FTX EU Customers

Since May 2025, Backpack EU has also been handling the distribution of claims for former FTX EU customers. This makes it not just a trading platform, but a responsible player helping to restore trust in the space.

Ferrante explained that building a fully compliant crypto platform from scratch was not easy. After missing out on acquiring FTX EU initially, Backpack stayed focused, launched successful products, and eventually completed the acquisition.

Global Ambitions Ahead

In an interview with Coindesk, he said that only Backpack and Kraken will be offering perpetual futures in Europe.

The company is not just stopping here. “This year, we’re setting our sights on Japan and, eventually, the USA. It’s been a long journey, and there’s more ahead,” he said.

Licensed and Regulated

Backpack EU operates out of Cyprus and is licensed under MiFID II. It currently offers over 40 trading pairs with up to 10x leverage.

Backpack already serves users in more than 150 countries and has processed over $170 billion in trading volume since 2024.

Backpack is setting a new standard for regulated crypto trading in Europe and beyond, with plans for global expansion ahead.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

XRP and Ozak AI on Bull Watch: What Happens if XRP Breaks $9 and Ozak AI Follows With a 5,000% Run to $1.20?

As the cryptocurrency market continues to evolve, both XRP and Ozak AI have captured the…

September 29, 2025

XRP Ledger Uses Same Block Hash as Bitcoin, Says Former Ripple Exec

A recent debate on Twitter sparked a discussion about the role of newer networks like…

September 29, 2025

Your Shortcut to the Next 1000x: MoonBull Presale Is Live – Top New Meme Coin to Watch, While Cheems and Popcat Heat Up

Looking for the next big meme coin to jump on? The crypto world is buzzing…

September 29, 2025

Solana (SOL) Price Plunges as Token Launches Hit 11-Month Low—Is the Hype Cycle Over?

Solana (SOL) price has been one of the most talked-about altcoins of 2025, but the…

September 29, 2025

Binance To List Swarm Network’s TRUTH From October

The world’s largest crypto exchange, Binance, has announced that it will list Swarm Network’s token,…

September 29, 2025

BTC Price and the 600K Transaction Threshold: Tracking Bitcoin’s Hidden Momentum Signal

Recently, an expert outlined an interesting yet possible BTC price theory that's attracting attention. This…

September 29, 2025