Backpack Exchange Launches Referral Program Offering 10% Commission

Backpack, a prominent cryptocurrency exchange, has introduced a referral program that offers users significant benefits, including trading fee rebates and commissions for inviting new users. The referral code "cryptoninjas" is highlighted as the best option for existing users to maximize their benefits. To apply this code, new users must visit the Backpack homepage, click the signup button, enter the required information, and input the promo code "cryptoninjas" in the designated field before completing the KYC verification process.

While it is possible to register without a promo code, using one is advisable to access various benefits such as fee discounts, airdrop eligibility, NFT-linked rewards, and a 10% commission for each new user referred. The referral code cannot be applied after registration, so it is crucial to enter it during the signup process. The benefits of using the Backpack referral code include trading fee discounts, eligibility for airdrops, NFT-linked rewards, and access to invite-only events.

Trading fee discounts are a primary advantage, as users who register with the referral code and complete KYC verification can reduce their trading fees. Although new users do not receive direct fee discounts or signup bonuses, they gain full access to the platform's features and become eligible for airdrops based on Backpack's campaigns. The main benefit for new users is access to low trading fees and advanced trading tools, with the potential to earn 10% of the fees generated by their referrals.

Backpack Exchange tracks user activity and incentivizes traders by allowing them to accumulate points based on their trading volume, liquidity contributions, contract holdings, total assets, auto-lending idle funds, and participation in the referral program. These points are redeemable and settled weekly, offering users various benefits, including discounted fees, special promotions, and potential eligibility for future token airdrops. High-volume traders and those with large social media followings can customize their referral codes.

In addition to trading fee discounts and airdrop eligibility, users who register with a Backpack referral code may also become eligible for NFT-linked rewards. Backpack has an in-built marketplace featuring the Mad Lads collection, which became popular shortly after its launch. New users registered with a promo code can earn rewards from these collectibles and other NFTs on the platform, depending on the promotional event. Mad Lads holders can stake their NFTs through the xNFT to earn points and accumulate badges.

Backpack frequently organizes events for traders on the platform, with some events being invite-only. By using a Backpack referral code, users can become eligible to participate in these top promotions and campaigns, earning rewards as long as they meet the other requirements. Examples of past events include the Beta Rush Preseason Finale and the Supersonic Trading Campaign, which offered significant prize pools.

To use the Backpack promo referral code when registering a new account, users need to create an account through the platform’s official website or mobile app and add the referral code in the provided section. The process involves downloading the Backpack app, entering the required information, adding the referral code, and completing the KYC verification process. KYC is mandatory on Backpack, and users must provide their details as they appear on their government-issued ID and other required documents for verification.

To generate a free Backpack crypto exchange referral code, users need to register a new account, complete the KYC verification, and generate their own referral ID using the current promo code "cryptoninjas." Once KYC is approved, users can deposit crypto and start trading. They can also apply as an affiliate and earn a 10% commission from each person they refer. Backpack allows traders to customize their referral codes, but this option is only available to those with significant trading volume or a large social media following. Users with less trading volume will be assigned a default code, which they can share with others to earn rewards.