This article will explain how to achieve a monthly trading volume of 1 million USDC on the Backpack exchange. Currently, I only have about 500 USDC on the Backpack exchange, which can reach a monthly trading volume of about 350,000 USDC.

1. Please complete the settings of Backpack Exchange API first .

2. Select Backpack Exchange API and spot grid, then click Next.

3. Select manual mode then click Next.

4. Select the trading pair you want to run. It is recommended to run SOL_USDC, which currently has the largest trading volume, and use the following parameters to build a grid bot.
Fill in the left side of the price range: -4.5%, fill in the right side: 4.5%,
fill in the grid quantity: 31 (representing 15 grids up and down, 4.5% / 15 = 0.3% one grid size, a fluctuation of about 0.3% will result in one order. )
Fill in the order quantity: 100 USDC (15 grids down will get 15 orders, which is the maximum investment amount ~ 1500 USDC.)
P.S. It is recommended to first convert half of the 1500USDC amount into 750U equivalent SOL_USDC in Backpack Exchange!

5. When the currency price of SOL_USDC exceeds or falls below the price range set above (4.5%). Grid bot will automatically stop and send an email to notify you.

A. Assuming that SOL_USDC rises beyond the price range, you can manually buy about 500U equivalent SOL_USDC and reset the price range parameters to -4.5% ~ 4.5% to restart the grid bot.

B. Assuming that SOL_USDC falls below the price range, you can manually sell about 500U equivalent SOL_USDC and reset the price range parameters to -4.5% ~ 4.5% to restart the grid bot.

Profits earned from trading robots are not guaranteed and may vary depending on market conditions. For more information, please review the Risk Disclaimer section of our Terms of Use