Backpack is a recent emerging exchange that has made significant progress by focusing on a range of major token projects and Solana-based tokens. The exchange has always emphasized its dedication to serving Solana users, while also generously distributing airdrops to active users on the platform.
Let’s explore how to maximize opportunities with this backpack Airdrop guide.
About backpack
Backpack Exchange is a regulated centralized cryptocurrency exchange (CEX) designed to provide a secure and user-friendly platform for trading digital assets. The platform is built on a specially customized private blockchain specifically for exchange operations, where deposits, withdrawals, order placement and cancellation are verified by independent nodes on the network.
It offers features like spot trading and offers plans for margin trading, derivatives and cross-surface selection in the future. The exchange emphasizes self-customer, enabling users to maintain control over their assets and integrate with the high-speed Solana blockchain for fast, low-cost transactions.
Learn more: What is backpack swap?
In addition to transactions, backpack swap is part of a wider ecosystem that includes backpack wallets, a self-customized wallet that supports multiple blockchains (e.g., Solana, Ethereum) and the Mad Lads NFT series, enhancing community engagement. It also has a unique point-based reward system related to your number, offering benefits such as discount fees and exclusive privileges.
Recently, in January 2025, Backpack acquired the bankrupt FTX European FTX EU for $32.7 million, expanding its products to include regulated crypto derivatives in the EU.
The project has raised $37 million from two rounds of financing. Some of the well-known venture capital investments on the list include Jump Crypto, FTX Ventures, Multicoin Capital and Wintermute.
Source: Crypto Fundraising
Positive signals about the future launch of Backpack’s tokens
In the second half of 2024, Armani Ferrante, the CEO of Backpack, hinted at the potential of having a local token for backpack exchanges in the future. The current focus is on product development and the recently launched backpack dot system. Subsequently, a short or TGE is expected to appear earlier rather than later.
The first product. Then the token.
-Armani Ferrante (@armaniferrant) December 1, 2024
Backpack AIRDOROP Guide
Backpack Exchange Trade to Play Season 1
On X, the project recently announced a snapshot of 475K+ users who contributed to the platform in preseason and public beta, which is scheduled to be conducted on 2025-03-20.
Historically, agricultural transaction volumes on backpacks have produced many benefits, including being considered for potential future air conditioners and receiving airdrops of other tokens in the Solana ecosystem, such as Tensor (TNSR), Wormhole (W) and IO.NET (IO) (IO). These are major projects, not adults, which suggests the growth of influence built by backpack clearinghouses.
The launch of Season 1 is through a point-based mechanism for user transactions and is expected to end on 2025-05-30.
Backpackers can actively trade to accumulate points, thereby improving their ranking. Point updates will happen every Friday. The ranking system includes six levels: bronze, silver, gold, platinum, diamond, challenger.
Source: Backpack
How to best earn points in a backpack Airdrop event?
Step 1
Log in to exchange
Step 2
- Complete the entire KYC process here and enable 2-factor authentication (2FA) here.
Verification steps
Step 3
- As shown in the figure, click the word “Deposit” at the top of the interface.
Click on “Deposit” buton
- After completing the verification process, prepare a certain number of StableCoin, i.e. USDC or USDT, on the Solana network wallet (mainly Phantom or backpack wallet). After that, store the stablecoins you hid in your wallet at the appropriate address of the exchange. (Remember to double check).
Save your stablecoin to the exchange
Step 4
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Start trading. Backpack offers two main types of service: spot trading and futures trading. You can choose your investment goals according to your taste.
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However, please note that the opportunity to receive air conditioners is based on the number of exchanges. This means you need to make continuous trading to quickly increase trading volume. Try to focus on as much farming as possible; the chances of receiving airdrops from your backpack will be more obvious.
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Another note is that you should not trade stable trading pairs such as USDT/USDC, otherwise it will be difficult to identify volume statistics.
- To check your trading volume, click the Portfolio icon, then go to Transactions, and finally Performance to track your volume progress.
Check your volume – Source: Backpack
in conclusion
Backpack Airdrop provides investors with an important opportunity to achieve massive returns, reaching thousands of dollars. The launch of the Backpack 1 Point System occurred in a period where the Solana ecosystem is experiencing a relatively stagnation compared to other blockchain networks.
Learn more: Why new investors like agricultural airflow?
Therefore, the program is a catalyst that can stimulate increased capital inflows to centralized exchanges such as Solana ecosystem and backpack exchanges.
