Dear CoinEx users,
XRP’s partner Flare Networks, a blockchain company, said it plans to launch a XRP Ledger-based token named Spark in December. Investors of XRP can claim a free Spark for each XRP they hold on December 12. With Spark, users can issue and convert to FXRP (FXRP is the gas to run smart contract on Flare), thereby generating returns.
For further information on how SPARK will be distributed to XRP holders, please refer to:
Claiming Spark FAQ's, Further Information on The Spark Token Distribution.
CoinEx will support the Spark (SPARK) Airdrop Program for XRP (XRP) holders. And detailed plans are as follows:
1. XRP deposits and withdrawals will be suspended starting from 2020/12/11 22:00 (UTC). Deposits and withdrawals will be reopened after the snapshot is complete and trading of XRP will not be affected during the airdrop.
2. We will then take a snapshot of all XRP tokens held by CoinEx users at 2020/12/11 24:00 (UTC)
XRP’s partner Flare Networks, a blockchain company, said it plans to launch a XRP Ledger-based token named Spark in December. Investors of XRP can claim a free Spark for each XRP they hold on December 12. With Spark, users can issue and convert to FXRP (FXRP is the gas to run smart contract on Flare), thereby generating returns.
For further information on how SPARK will be distributed to XRP holders, please refer to:
Claiming Spark FAQ's, Further Information on The Spark Token Distribution.
CoinEx will support the Spark (SPARK) Airdrop Program for XRP (XRP) holders. And detailed plans are as follows:
1. XRP deposits and withdrawals will be suspended starting from 2020/12/11 22:00 (UTC). Deposits and withdrawals will be reopened after the snapshot is complete and trading of XRP will not be affected during the airdrop.
2. We will then take a snapshot of all XRP tokens held by CoinEx users at 2020/12/11 24:00 (UTC)
The airdropped SPARK amount for each user holding XRP will be calculated based on the formula as follows:
User A = Amount of XRP held by User A at the time of snapshot / Total XRP held by CoinEx at the time of snapshot * Total SPARK received by CoinEx for the airdrop
Note:
1. XRP tokens that are pending deposit or withdrawal at the time of the snapshot will not count towards your XRP balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
2. The snapshot will include XRP balances in spot wallets and contracts accounts but excludes margin accounts.
3. SPARK tokens will be distributed to spot accounts, and the opening time of deposit and withdrawal services will be notified separately;
4. For the trading and listing of SPARK on CoinEx , SPARK will go through the same strict listing review process as CoinEx does for any other coin/token. Supporting this airdrop does not guarantee the listing of SPARK. The default position we have is no listing.
5. After the snapshot is completed, XRP deposit and withdrawal services will be supported, and no further announcement will be made.