Trade crypto spot and all perps on Backpack to unlock reward levels and earn up to $1,000 in Meta or Alphabet shares. You choose which stock you want to be paid in when you opt in.
Campaign period: September 23, 2026, 12:00 AM UTC to September 29, 2026, 11:59 PM UTC.
How to Participate
- Choose Meta or Alphabet as your reward, then opt in on the Trading Trail quest page. Your selected reward cannot be changed after you opt in.
- Generate trading volume on crypto spot markets and perpetual markets for crypto, stocks and ETFs to unlock levels and earn rewards.
- Your opt-in applies across desktop and mobile.
How Rewards Work
Rewards are based on your highest level reached and are paid in the stock you selected at opt-in.
- Eligible volume from crypto spot and perpetuals on crypto, stocks and ETFs counts toward Trading Trail progress.
- Both manual and API trading volume are eligible.
- BP trading volume will be shown in the volume counter but excluded from the final rewards calculation.
- Participants who are ineligible to receive their selected shares due to jurisdictional restrictions or other eligibility requirements will automatically receive an equivalent USD cash reward.
Trading Trail Reward Levels
| Level |
Volume |
Reward |
| 1 |
$100,000 |
$10 |
| 2 |
$200,000 |
$20 |
| 3 |
$500,000 |
$50 |
| 4 |
$1,000,000 |
$100 |
| 5 |
$2,000,000 |
$200 |
| 6 |
$5,000,000 |
$500 |
| 7 |
$10,000,000 |
$1,000 |
Rewards will be distributed within 7 days after the campaign closes.
Terms and Conditions
- Opt-in via the campaign page is required to be eligible, and the reward stock must be selected at opt-in. The selected reward cannot be changed after opting in.
- The campaign runs from September 23, 2026, 12:00 AM UTC to September 29, 2026, 11:59 PM UTC.
- Eligible crypto spot volume and perpetual volume on crypto, stocks and ETFs generated during the campaign period will count toward rewards, subject to the exclusions outlined in these Terms and Conditions.
- Both manual and API trading volume are eligible.
- BP trading volume will be shown in the volume counter but excluded from the final rewards calculation.
- Rewards are based on the highest level reached and are not cumulative.
- Rewards are paid in the stock the participant selected when opting in.
- Opting in on one device confirms participation on all devices.
- Rewards are distributed within 7 days of campaign close.
- If a participant is ineligible to receive their selected shares due to jurisdictional restrictions or other eligibility requirements, the reward will be automatically substituted with an equivalent USD cash reward.
- Backpack reserves the right to withhold rewards from or disqualify any participant who engages in abusive or manipulative activity, including wash trading, artificial volume, or multi-account abuse.
- Backpack may amend, suspend, or cancel the campaign at any time. Backpack's decisions on reward eligibility, calculations, and campaign administration are final.