US-based Exchange to Give Away 10,000 XRP to One Trader

The prominent US-based exchange Uphold, known for its support of XRP, has unveiled an exciting opportunity for traders on its platform.

Specifically, Uphold proclaimed its intention to give out 10,000 XRP tokens to one lucky trader in its “October XRP Sweepstakes” promotion.

Uphold communicated the promotional offer via its verified X account and official website.

We’re giving away 10,000 #XRP to one lucky trader in October ?

For every $20 of eligible trades you make on our platform, you’ll get an entry into the draw.

The more you trade, the better your chances!

Learn how to opt in & participate in the drawing: https://t.co/LwK9AZ9cMv pic.twitter.com/FLccJj1G6B

— Uphold (@UpholdInc) October 9, 2023

Uphold’s October XRP Sweepstakes

According to the notification, traders must register their interest in the promo by opting in within the Uphold app. The exchange stressed the importance of the opt-in as only trades made after it will count towards accumulating entries into the draw.

Furthermore, participating traders must engage in eligible trades on the Uphold platform to stand a chance in the giveaway. 

Uphold clarified that eligible trades are all actions on the platform, excluding those specifically highlighted. The excluded trade includes “deposits of a fiat currency into the same fiat currency,” withdrawals, sending crypto from one Uphold user to another, and more.

Uphold mentioned that participants will receive an entry into the draw for every eligible transaction worth $20 and above. Moreover, the platform stated there is no limit to the number of entries a participant can accumulate. 

Effectively, active trading boosts an XRP enthusiast’s chances of being the lucky recipient of 10,000 XRP, per the rules.

Meanwhile, Uphold laid out specific eligibility criteria for the October XRP Sweepstakes. The exchange noted that the offer is open to all persons who are residents of the United States. However, New York and Florida residents cannot participate in the promo.

Furthermore, Uphold stated the XRP-based contest is open to ages 18 and above who have completed the required KYC procedures. Notably, Uphold’s Sweepstakes officially began on October 6 and will run until October 31, 2023, 23:59 Eastern Daylight Time.

It is worth mentioning that one entry will be chosen through a random draw for the ultimate winner. This random draw will include all eligible entries received throughout the Sweepstakes Period.