Flare Networks, a Ripple-funded blockchain network, announced on November 13 that an airdrop, the Spark Airdrop Program for XRP holders, will take place on December 12. Anyone holding XRP holders will receive free tokens at a 1:1 ratio. Flare says 42 cryptocurrency exchanges and custody platforms are supporting the airdrop.
The Snapshot will take place at 00:00 GMT on 12/12/20
— Flare (@FlareNetworks) November 13, 2020
But in order to ensure they receive their fair share, Flare says potential recipients who hold their cryptocurrency on exchanges will have to make sure their exchange supports the airdrop.
If you would like to claim Spark #FLR and your #XRP is at a non supporting exchange you MUST move it to self custody or a supporting exchange BEFORE (preferably well before) 12/12/20. Supporting exchanges: https://t.co/GuLVEpGggM
— Flare (@FlareNetworks) November 25, 2020
Yesterday, Flare said that crypto exchange Coinbase has “barely engaged with Flare Networks.”
Flare tweeted a warning to Coinbase users that they may miss out on the airdrop given that little time left for Coinbase to prepare for it.
@coinbase has barely engaged with #Flare. They hold about 3 Bn of YOUR #XRP. It is likely too late for them to do the work to support the Spark $FLR distribution at this point.
— Flare (@FlareNetworks) November 28, 2020
Kraken is another major crypto exchange that has not joined in on the airdrop.
Hi Helen,
We currently do not have plans to support this airdrop/fork, you could consider withdrawing your coins to the wallet you control.
Kraken is not obligated to credit airdrops that occurred in the past or that will occur in the future.
Best,
Kraken— Kraken Support (@krakensupport) November 28, 2020
Other major crypto exchanges, such as Binance (but not Binance US), reiterated their readiness for the Flare snapshot on the XRP ledger.
We are very grateful for Binance’s support of the Spark distribution. For clarity Binance US is not currently supporting the Spark distribution, Flare tweeted.
Update: OKEx will support the Spark (SPARK) Airdrop Program for XRP holders.
Read more:
- Japanese Crypto Exchange GMO Coin Will List Flare Network (SPARK) Token, The Airdrop For XRP Holders
- Updated List Of Exchanges Participating In Spark Airdrop From Flare Networks