Backpack, a lately rising change, is making vital strides by specializing in a variety of main token tasks and Solana-based tokens. The change has constantly emphasised its dedication to serving Solana customers whereas additionally generously distributing airdrops to lively customers on the platform.

Let’s discover how to maximize your alternatives by means of this Backpack Airdrop Information.

About Backpack

Backpack Alternate is a regulated, centralized cryptocurrency change (CEX) that operates globally, designed to supply a safe and user-friendly platform for buying and selling digital belongings. The platform is constructed on a personal blockchain tailor-made particularly for change operations, the place every deposit, withdrawal, order placement, and cancellation is verified by unbiased nodes on the community.

It gives options like spot buying and selling, with plans for margin buying and selling, derivatives, and cross-collateral choices sooner or later. The change emphasizes self-custody, permitting customers to keep up management over their belongings, and integrates with the high-speed Solana blockchain for quick, low-cost transactions.

Be taught extra: What’s Backpack Alternate?

Past buying and selling, Backpack Alternate is a part of a broader ecosystem that features the Backpack Pockets, a self-custodial pockets supporting a number of blockchains (e.g., Solana, Ethereum), and the Mad Lads NFT assortment, enhancing group engagement. It additionally includes a distinctive points-based rewards system tied to your quantity, providing advantages like discounted charges and unique perks.

Just lately, in January 2025, Backpack acquired FTX EU, the European arm of the bankrupt FTX, for $32.7 million, increasing its choices to incorporate regulated crypto derivatives within the EU.

The undertaking has raised a complete of 37 million USD from 2 funding rounds. A number of the notable VCs on the record embrace Bounce Crypto, FTX Ventures, Multicoin Capital, and Wintermute.

Supply: Crypto Fundraising

Constructive Indicators Relating to the Future Launch of Backpack’s Token

In late 2024, Backpack’s CEO, Armani Ferrante, hinted on the potential for a local token for the Backpack change sooner or later. The present focus is on product improvement and, instantly, the lately launched Backpack level system. Subsequently, an Airdrop or TGE for Backpack is anticipated to happen sooner relatively than later.

First product. Then token.

— Armani Ferrante (@armaniferrante) December 1, 2024

Backpack Airdrop Information

Backpack Alternate Commerce-to-Airdrop Season 1

On X, the undertaking lately introduced the snapshot for 475k+ customers who contributed to the platform through the pre-season and public beta, scheduled for 2025-03-20.

Traditionally, farming buying and selling quantity on Backpack has yielded quite a few advantages, together with being thought of for potential future Airdrops and receiving Airdrops of different tokens inside the Solana ecosystem, similar to Tensor (TNSR), Wormhole (W), and io.internet (IO). These are all main tasks, relatively than memecoins, demonstrating the rising affect being established by Backpack Alternate.

Season 1 has been launched with a point-based mechanism tied to quantity traded by customers, anticipated to conclude on 2025-05-30.

Backpack customers can actively commerce to build up factors, thereby enhancing their rating. Level updates will happen each Friday. The rating system consists of six ranges: Bronze, Silver, Gold, Platinum, Diamond, Challenger.

Supply: Backpack

The way to Earn Factors Optimally within the Backpack Airdrop Marketing campaign?

Step 1

Login to the change

Step 2

• Full your entire KYC course of and allow 2-factor authentication (2FA) right here.

Verification step

Step 3

• Click on on the phrase “Deposit” on the prime of the interface as proven.

Click on to the “Deposit” buton

• After you have accomplished the verification course of, put together an quantity of stablecoin, both USDC or USDT, in your Solana community pockets (largely Phantom or Backpack pockets). Following that, deposit the stablecoins you maintain in your pockets to the suitable deal with on the change. (Bear in mind to double-check).

Deposit your stablecoin to the change

Step 4

• Start buying and selling. Backpack gives two main service sorts: Spot Trading and Futures Trading. You may select your funding targets primarily based in your style.

• Nevertheless, please be aware that the chance to obtain Airdrops relies on quantity on the change. This means that you must have interaction in steady Purchase and Promote transactions to quickly enhance your buying and selling quantity. Attempt to concentrate on farming as a lot quantity as potential; the prospect of receiving an airdrop from Backpack might be extra apparent.

• One other be aware is that you shouldn’t commerce stablecoin buying and selling pairs similar to USDT/USDC, in any other case the amount statistics might be tough to acknowledge.

• To verify your buying and selling quantity, click on on the “Portfolio” icon, then go to “Trade” and eventually “Performance” to trace your quantity progress.

Verify your quantity – Supply: Backpack

Conclusion

The Backpack Airdrop presents a major alternative for traders to doubtlessly notice substantial returns, reaching into the 1000’s of USD. The launch of Backpack’s Season 1 level system happens amidst a interval the place the Solana ecosystem is experiencing relative stagnation in comparison with different blockchain networks.

Be taught extra: Why is Farming Airdrop Most popular by New Traders?

Consequently, this program serves as a catalyst to stimulate elevated capital influx into each the Solana ecosystem and centralized exchanges like Backpack Alternate.