About Backpack Exchange
Backpack Exchange (https://backpack.exchange/) is a Centralized Exchange (CEX) developed by Coral, which leverages advanced technologies like Zero-Knowledge Proof (ZKP) storage solutions and multi-party computation (MPC) to offer a secure and efficient platform for verifying transactions across various networks. As of February 2024, Backpack Exchange has reported over 6.5 billion USD in trading volume. The exchange has gained significant attention due to its “Point Rewards” program, which rewards users based on their trading activity and volume, setting the stage for potential airdrops.
Step-by-Step Guide to Join the Backpack Airdrop
Step 1: Complete Passport Verification (KYC)
To begin participating in the Backpack airdrop, visit the Backpack Exchange website and complete the passport verification (KYC) process. This step is essential to ensure your account is fully verified and eligible for any rewards or airdrops offered by the platform.
Step 2: Install the Backpack Wallet and Make a Deposit
Next, install the Backpack Wallet on your device. Once installed, deposit any amount of cryptocurrency into your Backpack Wallet. This deposit will enable you to start trading on the Backpack Exchange and qualify for potential airdrops.
Step 3: Trade Assets on the Exchange
After your deposit is confirmed, begin trading assets on the Backpack Exchange. Focus on increasing your trading volume, as this is a key factor in qualifying for potential airdrops. It is important to note that only spot trading is considered for the airdrop eligibility, and trades involving the USDT/USDC pair will not count towards your trading volume.
Stay Updated for Future Airdrops
To stay informed about future airdrop opportunities and events on Backpack Exchange, it is recommended to download the Backpack app and regularly check for updates. You can download the app here (https://backpack.app/download).
Join the Community
For the latest news and updates, including new events and potential airdrops, join the Backpack Exchange community channels. You can connect with other users and stay informed by joining the Telegram Channel and the Discord Server.
