Snagging VIPs: The Next Stop for Exchanges It seems like several exchanges are going all out to recruit people, but this time, they’re not targeting regular users—they’re after high-net-worth individuals in the crypto space, aka VIP users. Maybe they’re taking a page from traditional banks like Citigold, Chase Private Client, Centurion Card, or even CMB’s Golden Sunflower program. These private banking and high-end client clubs have always been hotly contested in the financial world. ⬇️ Attracting VIP clients and offering tiered benefits isn’t anything new—it’s all about how you choose to play the game. @Backpack_CN just launched a Premier Club, which I see as following the same path—a kind of private banking model. Some perks like deposit/withdrawal privileges, stablecoin interest earnings, and reduced trading fees have now been added to the service package. Of course, the more assets you hold, the better the benefits. Looking at it now, the entry threshold is pretty low and will likely be adjusted. For VIP1, the minimum is just $30,000 USDT, with a USD APY of 4.2%. For VIP5, it’s only $300,000 USDT, offering a 6.7% APY. Honestly, these thresholds are way too low… Oh, and that’s not even counting the other perks already in place. There’s one thing to weigh here: whether you go for stablecoins or Solana: BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy. At the same VIP tier, staking BP can make things “cheaper” while also stacking stock-related benefits, but you’ll need to consider BP’s price. To sum it up, every exchange is now matching their best services to VIP users. If you’ve got the funds, it’s worth exploring. BP ties earnings and spending (cards + withdrawals) together, so what you choose depends on your goals. To get started, DM @Miiiho420 @CryptoPikachu.