Backpack supports multiple ways to deposit funds depending on your needs. You can deposit from an external wallet, transfer between subaccounts, or deposit cash.
Deposit from an External Wallet
- Go to Deposit
- Select the External tab
- Choose the asset you want to deposit
- Select the correct network
- Copy the deposit address or scan the QR code
- Send funds from your external wallet
Important: Make sure the selected network matches your sending wallet, as sending funds on the wrong network may result in permanent loss.
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Transfer Between Subaccounts
Use this option to move funds between your Backpack subaccounts.
- Go to Deposit
- Select the Subaccounts tab
- Enter the amount
- Choose the source and destination subaccounts
- Click Transfer
Transfers between subaccounts are typically instant.
Deposit Cash (Fiat)
Use this option to deposit fiat via supported payment methods.
- Go to Deposit
- Select the Cash tab
- Choose your payment method (e.g. wire transfer)
- Follow the on-screen instructions
Note: Processing times may vary depending on the payment method. Deposits must come from a bank account in your name. Third-party deposits are not supported. For more details, see the wire transfer guide.
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Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Backpack. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Backpack is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice.
