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How to Stake BP on Backpack Exchange
BP staking is the primary way to unlock platform benefits through the Backpack Participant Program, including reduced trading fees, wire discounts, and equity access. The longer you stake, the more rewards you earn
This guide explains what staking BP offers, how to stake, and how to manage your position.
What Are the Benefits of Staking BP?
Staking BP unlocks access to the Backpack Participant Program, with benefits scaling from Tier 1 to VIP 5.
Discounted Trading Fees. Stake BP to unlock reduced maker and taker fees on spot and derivatives trading. Fee discounts scale with your staking tier.
Free Fiat On/Off Ramps. Receive reduced or waived fees on fiat deposits and withdrawals depending on your staking tier.
Priority Access. Higher staking tiers unlock earlier participation windows and higher allocation caps for token launches, IPOs, and other primary distributions on the platform.
New Products. Get early or exclusive access to new platform features, products, and services before they are available to the general user base.
Equity Exchange. Stake BP to unlock the ability to purchase Backpack equity using tokens. Equity purchase eligibility requires staking for a minimum of one year and remaining staked until Backpack's IPO. For more information on the program, see the https://backpack.exchange/bp.
What You Need Before You Start
- A verified Backpack Exchange account
- BP tokens in your Backpack Exchange wallet
How to Stake BP
- Go to backpack.exchange/bp
- Click "Stake BP" in the Backpack Participant Program section
- Enter the amount of BP you want to stake: use the 25%, 50%, 75%, or Max shortcuts to fill quickly
- Click "Stake BP" to confirm
Your staked balance and your share of the Reserved Equity Pool will be visible in your dashboard after confirming.
How to Unstake BP
Unstaking is managed from your Active Stakes dashboard at backpack.exchange/bp.
- Within the first 7 days of launch: unstake at any time, no waiting period.
- After 7 days: a 7-day cooldown applies before the unstake is completed.
Important: Unstaking resets your equity purchase eligibility progress for that position. To unstake only part of a position, use the Split function first.
To unstake:
- Go to backpack.exchange/bp
- Find your position under Active Stakes
- Click "Unstake"
- Review the conditions and confirm
How to Split a Stake
Split divides an active stake into two separate positions. Both positions keep the same start date and equity progress. Use Split when you want to unstake only part of a position without affecting equity eligibility on the remainder.
To split:
- Go to backpack.exchange/bp
- Find your position under Active Stakes
- Click "Split"
- Enter the amount for each position
- Click "Confirm Split"
Frequently Asked Questions
Where do I stake BP? At backpack.exchange/bp.
How long do I need to stake to access equity benefits? Stake the minimum BP amount for 1 year to unlock the ability to exchange your BP tokens into equity. Eligibility requirements and restrictions may apply.
What happens if I unstake early? Unstaking resets your equity purchase eligibility progress for that position. If you only want to unstake a portion, use Split Stake first to avoid losing eligibility on the rest.
What is the unstaking waiting period? Within the first 7 days of launch you can unstake freely. After that, a 7-day cooldown applies before the unstake completes.
What is Split Stake? Split Stake divides one active stake into two positions, both retaining the same start date and equity eligibility progress. Use it when you want to partially unstake without affecting the remainder of your position.
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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. 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.
