Referrals

Registered Exchange members who onboard KYC'd users with their Referral Code will earn 10% of the trading fees generated by that new user.

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How do I refer someone to Backpack Exchange?

To invite a new user:

1. Locate Your Referral Code

• On the web: Go to backpack.exchange/referrals.

• On the mobile app: Navigate to your Exchange Account → Points Screen → Referrals tab.

  • Customization Tip: You must have $1,000,000 in lifetime trading volume to customize your code. Otherwise, a default code is assigned.

2. Share Your Code

• share the code directly with a friend or community member.

3. Track Referral Activity

• Once they sign up using your code and complete KYC, you’ll start earning referral rebates based on their trading fees.

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How do I use a referral code?

1. Create a New Account

• On desktop: Visit backpack.exchange/signup.

• On mobile: Download the Backpack app, open it, and follow the prompts to create an account.

2. Enter the Referral Code

• During signup, look for the “Add referral” field.

• Input the code you received from your referrer.

3. Complete KYC

• After verifying your identity, you’re all set. Your referrer will begin receiving rebates, and you’ll gain access to all of Backpack Exchange’s features.

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Important Notes

• Referral Rebate Claims: Available for up to 24 months after they become eligible.

• Processing Time: If your rebate claim hasn’t processed within one day of claiming, reach out to [e-mail]

• VIP5 Fee Tier Exception: Referrals at the VIP5 tier do not pay rebates.

• Weekly Updates: Referral rebates are populated weekly, and trading volume from referrals is not instantly claimable.

• No Retroactive Adds: We cannot add referrals for users who have already completed KYC without using your code.

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Important Update (Effective March 28, 2025)

Beginning on March 28, 2025, the default referral rate will adjust from 30% to 10%. If you have any questions regarding this update, please reach out to [e-mail]