Backpack gives a platform for buying and selling cryptocurrency, managing property with a pockets, and interesting with NFTs on Solana. The Backpack Season 1 Factors program is stay, permitting customers to earn potential airdrop rewards by staying energetic, buying and selling on the change, and utilizing the auto-lend function for passive factors. Right here is our Backpack token airdrop information.
Try our step-by-step information!
What’s Backpack?
Backpack is a complete cryptocurrency platform providing a regulated world change for buying and selling, a self-custodial pockets for managing digital property, and an NFT assortment referred to as Mad Lads on Solana. It helps customers throughout 150+ nations, has facilitated over 500 million transactions, and gives options like futures buying and selling and an auto-lend possibility for incomes passive factors.
Up to now they’ve raised US$37 million with a US$120 million valuation. Notable buyers of Backpack embrace Placeholder Ventures, Wintermute, Soar Crypto and Amber group.
How one can get the Backpack token airdrop?
Time wanted: quarter-hour
Here’s a information on how one can get the potential Backpack token airdrop
Enroll
Go to Backpack Trade and create an account. You will want to move their KYC course of utilizing your authorities ID and to do a face scan. Word there could also be restrictions on signing up or utilizing the platform primarily based in your jurisdiction.
Deposit funds
Deposit some funds into your Backpack Pockets account. You’ll be able to select from USDT, USDC, SOL, ETH, or BTC. Please observe that because the Backpack Pockets has already been launched, you’ll be depositing and utilizing actual funds.
Allow auto-lend
Allow auto-lend on the platform. This lets you earn Factors passively on idle funds.
Improve buying and selling quantity
To earn most factors, concentrate on rising your buying and selling quantity. Whether or not it’s spot or futures buying and selling, maintain your buying and selling exercise on Backpack Trade excessive. Frequent small trades are higher than one large commerce. Word that you’ll not earn any factors for merely holding funds with out buying and selling.
Use buying and selling methods to maximise buying and selling exercise
Spot buying and selling is a low threat and newbie pleasant technique to maximising buying and selling exercise. Merely commerce SOL/USDC pairs repeatedly. For extra superior customers, they’ll think about using low leverage trades (i.e. 1-2x) ceaselessly.
BONUS: Get 2 airdrops in 1!
We advise utilizing Backpack Pockets to farm any Solana airdrops so you will get 2 airdrops in 1!.
Deposit and withdraw tokens
Depositing and withdrawing tokens on the platform retains the change alive. It additionally lets you earn Factors.
Test progress
Go to the “Rewards” tab to trace your progress. Factors are distributed each Friday at 2:00 PM UTC.
Watch out for bans
Backpack actively seems for and bans those that take shortcuts to get Factors. For instance, having a number of accounts or zero-fee trades and. Additionally, in the event you refer others, they have to commerce so as so that you can earn Factors.
