TechFlow reports that cryptocurrency exchange Backpack has announced the launch of SOL/USDC spot trading.
Previous report: Cryptocurrency trading platform Backpack Exchange announced the listing of Pyth Network (PYTH), with trading scheduled to begin at 23:00 Beijing time on November 18.
In addition, Backpack Exchange has launched a staking-based airdrop campaign for PYTH. To participate in this airdrop, users must register an account on Backpack Exchange and complete the KYC verification process, purchase or deposit at least 5 SOL tokens, and stake them for a minimum of 24 hours.
Staking will commence at 23:00 on November 18, 2023, and must be completed by 19:59 UTC on November 19 to qualify for the airdrop.
Eligible users, including holders of Mad Lad and users who have conducted trading activities on Backpack Exchange, will receive PYTH tokens based on their trading volume until the maximum allocation cap is reached. All other qualified verified users will also have the chance to receive PYTH token allocations, which will be distributed before 22:00 on November 20.
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