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The Honest Answer
Backpack Exchange Sign-Up Bonus
Straight talk: as of September 2026, Backpack does not pay a cash deposit or sign-up bonus, and its big BP token airdrop is already over. What a new account can get is a 5% discount on trading fees with referral code pepebrothers.
pepebrothers
Last verified: September 2026.
What about the Backpack airdrop?
Backpack launched its BP token in March 2026. At launch, 25% of the 1 billion supply went to users: Points holders and Mad Lads NFT holders. That distribution is finished — a new account today can't claim it retroactively. If a site promises you “free BP” for signing up, be skeptical.
BP still matters for new users in another way: staking BP unlocks cheaper fee tiers. See how Backpack fee tiers work.
How to get the 5% discount
Open the sign-up page with the code
Use our link, or type pepebrothers in the “Add referral” field.
Register & verify
Create your account and complete identity verification (KYC). The code has to be on the account before this step.
Start trading
The 5% fee discount applies as you trade (it doesn't cover Equity Perps fees).
Get your 5% fee discount
No cash-bonus gimmicks — just lower fees from your first trade with referral code pepebrothers.
Sign up & save 5% →Bonus FAQ
Is there really no cash sign-up bonus?
Correct — Backpack doesn't currently pay a cash deposit or sign-up bonus. The genuine, verifiable perk is the 5% trading-fee discount with a referral code.
Can I still get the Backpack airdrop?
No. The BP token airdrop took place in March 2026 and went to Points holders and Mad Lads holders.
Do I need to deposit to get the discount?
No deposit is needed to open the account. The 5% discount simply applies to your trading fees.
Is the bonus the same as the referral code?
Yes — the referral code is how new users get the 5% discount. See the Backpack Exchange referral code page.