Binance Will Conduct Spark Token Airdrop for XRP Army

u.today 2020-11-26 12:30
Reading time: ~1 m

Binance giant has spread the word that it will take part in the approaching Spark token airdrop planned by Flare for the XRP community as part of the utility fork.

Binance to conduct the Spark airdrop

In a recent tweet, Binance has announced its intention to join the line of crypto exchanges who will be conducting the Spark airdrop from Flare Networks.

The snapshot will occur on December 12 at 00:00 UTC at the first validated XRPL index number. While the snapshot is being made, XRP trading will not be affected but deposits and withdrawals with resume when it is over.

Spark tokens will be distributed by Flare Networks at the start of 2021.

Other top exchanges still have not said ‘yes’

Other crypto exchanges that have already announced their intention to support the airdrop are Bitstamp, Bithumb, Crypto.com, etc.

Among the exchanges Flare Networks is interested in to take part are Coinbase, Bitfinex, Kraken and other giants. From this list, Binance has now joined the token distribution supporters.

Top partner of Ripple in Japan, SBI, is also considering whether or not to offer support to the distribution of Spark tokens. If it decides to join in, the airdrop will take place on the SBI VC Trade platform.


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