BTC-Alpha exchange joins Spark (SPARK) token distribution to XRP holders
We are glad to announce awesome news! After successful negotiations with Flare Networks, we gladly announces support of Spark airdrop for XRP holders on the BTC-Alpha exchange
The giveaway snapshot will be executed on the first confirmation in the XRP distributed ledger with a timestamp greater than or equal to 00:00 AM (UTC) on December 12, 2020. Due to this, XRP deposits and withdrawals will be suspended.
After that, a snapshot of all XRP tokens held by platform users at the time of register confirmation will occur. Deposits and withdrawals will be reopened after snapshot creation!
Also, please note that XRP trading will not pause during the distribution. Let’s take a look at how the number of distributed SPARK will be calculated for each user who has XRP on the BTC-Alpha platform:
The amount of XRP held by the user at the time of the snapshot / The total amount of XRP held by BTC-Alpha at the time of the snapshot * The total amount of SPARK received for the airdrop.
Also important information to consider:
🔻XRP tokens that are pending deposit or withdrawal at the time the snapshot is taken will not count towards your XRP account.
🔻XRP balances with less than 10 XRP including those in orders will not be eligible for distribution.
🔻The snapshot will include XRP balances exclusively in spot wallets.
Stay tuned for further updates on the Flare Networks SPARK token giveaway