With the booming digital currency market, Backpack Exchange has attracted the attention of many investors with its amazing performance of more than $600 million in 24-hour trading volume. At the same time, the exchange has also launched an impressive PYTH teaching program to provide users with more trading skills and knowledge. This article will explore the success of Backpack Exchange and the impact and help of PYTH teaching on users.

As a well-known platform with a trading volume of more than $600 million, Backpack Exchange's emerging performance not only reflects its strength in the field of digital currency, but also shows its deep understanding and grasp of the market. Behind this huge trading volume is the strong technical support and stable trading environment of Backpack Exchange. Investors have chosen to trade on this platform and enjoy efficient and convenient services. At the same time, Backpack Exchange continues to innovate and launch various preferential policies and activities to attract more users to join.

Today, when exchanges are springing up like mushrooms after rain, Backpack has become the first choice in the minds of many investors with its strong strength and reputation. Behind its data of more than $600 million in 24-hour trading volume is an accurate insight into market demand and precise satisfaction of user needs. Investors can not only enjoy a stable trading environment, but also get timely market analysis and professional investment advice when trading here. The success of Backpack Exchange is inseparable from the hard work of its team and the trust and support of users.

At the same time, Backpack Exchange has also launched the highly anticipated PYTH teaching plan, which aims to help users better understand the skills and rules of digital currency trading. Through this teaching plan, users can systematically learn trading knowledge and improve trading skills, so as to better grasp the pulse of the market and achieve their investment goals. This move not only improves the trading level of users, but also enhances the stickiness and trust of users in Backpack Exchange.

In general, Backpack Exchange has injected new vitality and momentum into the digital currency market with its amazing performance of more than 600 million US dollars in 24-hour trading volume and the launch of the PYTH teaching plan. As investors, we should keep up with the pace of the market, constantly learn and improve our trading skills, seize investment opportunities, and achieve wealth growth. Backpack Exchange will continue to lead the trend of industry development and create more value and opportunities for users. Let us witness the prosperity of the digital currency market together and share the joy and results of investment!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BTc.coM): The cryptocurrency wallet and exchange Backpack posted a message on the X platform late the day before (15) stating that after the launch of Backpack Pre
Season, the 24-hour trading volume of its beta trading platform has exceeded US$300 million; according to its latest tweet, as of 11:30 am on the 16th, the 24-hour trading volume of the Backpack exchange has exceeded US$600 million. So, where did Backpack come from? Why has it grown so rapidly?

What is Backpack? 

It is understood that as early as 2022, the cryptocurrency wallet Backpack was officially founded by Coral, the framework development company of the public chain Solana.

In November last year, the Backpack team announced that it would launch a Backpack
Exchange, and the exchange has obtained a regulatory license issued by the Dubai Virtual Asset Regulatory Authority (VARA), which can provide virtual asset trading services to qualified investors and institutions in Dubai.

It is worth noting that Backpack Exchange was founded by Can Sun, the former general counsel of the bankrupt exchange FTX. Its main members include CEO Armani Ferrante, Claire Zhang and Sun's former legal deputy. They announced that they would learn from FTX's lessons and adopt multi-party computing methods around the concept of "self-custody" to enhance the security of user wallets.

Backpack Exchange Airdrop Tutorial

In order to attract users, Backpack Exchange officials previously cooperated with Solana's oracle project Pyth
Network to conduct the first airdrop event. Users only need to register an account on Backpack Exchange and KYC, and deposit SOL tokens for staking and trading at a specified time to get PYTH token rewards.

Although the airdrop activity with Pyth
Network has ended, Backpack Exchange has officially launched a trading volume plan this month, and the official also made it clear on the 14th that the ranking will be determined by trading volume, allowing investors to judge that the next wave of airdrops is coming, so its trading volume plan is still worth participating in. The specific operations are as follows:

 Register a Backpack Exchange account

 Complete KYC verification

 Transfer SOL or USDC

 Use SOL/USDC to buy and sell to increase trading volume

 It is best to keep a certain amount of funds after the brushing, and interact regularly

Backpack Exchange Registration Tutorial

Currently, Backpack Exchange has officially opened the beta platform, and the specific registration process is as follows:

1. Register an account on Backpack Exchange and complete email verification:

 Prepare an Email

 Set a password (must contain mixed-case letters, numbers and special characters, and cannot contain spaces)

2. Complete KYC real-name authentication to comply with anti-money laundering, sanctions and other regulations:

 Accounttype: Select Individual personal account.

 Personal Information: Enter your personal information, which takes about 5 minutes.

 Identity verification: Upload your ID information and face verification.

It is worth noting that due to its team background of former FTX executives, its close relationship with the public chain Solana, and its potential airdrop expectations, Backpack Exchange has indeed attracted the attention of the crypto community. However, whether Backpack can really provide investors with safer trading services as it claims after learning from FTX's lessons is worth our continued attention.