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APT Launches Backpack Trading Platform

By: theblockbeats.news|2025/08/22 08:51:39

BlockBeats News, August 22, the native token APT of Aptos has officially launched on the Backpack exchange platform.

Backpack is a compliant cryptocurrency exchange that is licensed by the Dubai Virtual Asset Regulatory Authority (VARA). With APT now available, users can participate in APT spot trading on Backpack and benefit from convenient fiat onramp with USDC through cross-chain functionality.

Furthermore, APT holders can use APT as collateral on Backpack to participate in perpetual contracts and earn rewards, further enhancing the flexibility and efficiency of capital utilization.

With the high performance and low latency advantage of the Aptos Network, users can experience a fast, secure, and professional trading environment on Backpack. The listing of APT on Backpack not only enriches the financial infrastructure of the Aptos ecosystem but also showcases its vast potential in professional trading and DeFi applications.

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Tonight, prior to Powell's speech, the probability of a 25 basis point rate cut by the Fed in September decreased to 71.3%.