For the complete documentation index, see llms.txt. This page is also available as Markdown.

How to Withdraw via Wire

Overview

Item

Currency

USD via SWIFT

Minimum Withdrawal

100 USD

Processing Time

Typically 1–5 business days

Fees

Tier-based — see Wire fee schedule below Updated

Wire fees depend on your tier. Each tier includes a set number of free wires per 30-day period; higher tiers earn more free wires and lower transaction fees. Your receiving/intermediary bank may apply its own charges, which are outside our control.


Prerequisites

  • Verified Backpack Exchange account

  • Available USD balance in Backpack Exchange

  • Your Bank Account Number


Wire fee schedule

Higher tiers get more free wires per month and reduced fees on large transfers.

Important Notes:

  • Fee tiers are recalculated hourly, and your VIP status is updated accordingly.

  • Effective tier is determined based on your BP Stake, trading volume and pre-TGE Mad Lad NFT holding, whichever tier is highest.

  • Our USDT/USDC trading pair is subject to a 0% fee, which means that trades on this pair do not count toward your 30-day volume requirements for fee tier upgrades.


Step-by-Step Guide

Log in to Backpack and Open Withdrawal Menu

  • Select Cash (USD).

Add or select a bank account

  • If you haven’t added a recipient before, click "Select Recipient" → click Add Bank Account :

    • Recipient country

    • Bank identifier type

      • SWIFT/BIC for most international wires

      • Sort code (UK/Ireland only)

    • SWIFT/BIC code or Sort code (depending on your choice)

    • Account number

    • Recipient details:

      • Type (Individual / Business)

      • Name, address, city, postcode

    • Bank details:

      • Bank name, branch address, city, postcode, country

    • (Optional) Intermediary bank SWIFT/BIC

  • Click Add bank account to save.


Submit Your Withdrawal

  • Enter the withdrawal amount (Minimum: USD 100).

  • Select the account you wish to withdraw from (if applicable).

  • Choose your saved bank account from the recipient list.

  • Click Continue.

  • Complete 2-factor authentication to confirm and submit your withdrawal.


Track Your Funds

  • Funds typically arrive in your bank account within 1–5 business days.

  • If the funds haven't arrived after 5 business days, contact Backpack Support and provide your withdrawal reference.


🎉 That's it! Your USD withdrawal is now on its way to your bank account.

Need assistance? Our support team is always here to help at support@backpack.exchange. Please include your withdrawal reference for quicker support.

Last updated