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.

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

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.

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

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.

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 [email protected]
VIP4/5 Rebates (Reinstated): Referrals at the VIP4/5 tier do pay rebates so long as the referred user’s API-executed trading is under 25% of their total trading volume for the rebate period.
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.

We’ve reinstated rebates for VIP4/5 referrals with an API-trading threshold.

Eligibility is assessed weekly.
If API-executed trades are ≥25% of a user’s total weekly volume, no rebate is paid for that week.
Manual/UI trading continues to qualify as usual.

If you have any questions regarding this update, please reach out to [email protected]

Last updated 8 days ago