Doubling the Reward
Uphold, a US-based cryptocurrency exchange, has announced on Twitter that it is offering one of its users the opportunity to win 20,000 XRP tokens, which is worth over $11,000. To participate in the giveaway, you must conduct at least $20 of eligible trades on the platform. However, this offer is only available to residents of the United States (excluding New York and Florida) who have successfully verified their identity and completed certain Uphold “know your customer” procedures. Uphold initially planned to distribute 10,000 XRP to one lucky user.
The Ripple/Uphold Partnership
Uphold decided to double the amount of its XRP airdrop after joining forces with Ripple. The partnership aims to enhance cross-border payments infrastructure. Despite this positive news surrounding Ripple, XRP’s price is currently trading at around $0.56, slightly lower than its two-month high of over $0.58 earlier this week.
Hot Take: Uphold Offers 20,000 XRP Giveaway for Eligible US Trades
Uphold has increased its XRP giveaway reward from 10,000 to 20,000 tokens for eligible US traders who conduct at least $20 worth of trades on the platform. This incentive comes after Uphold partnered with Ripple to improve cross-border payments infrastructure. While XRP’s price remains strong at around $0.56, slightly below its recent peak, this giveaway provides an opportunity for users to potentially win over $11,000 worth of XRP tokens.