Uphold, the prominent American pro-XRP exchange, has finally disclosed the 20,000 XRP prize winner of its October XRP-based promotion.
In a recent tweet, Uphold proclaimed crypto trader Donald Z. from the U.S. state of Oregon as the victor of the Uphold October XRP Sweepstakes. The individual clinched a reward of 20,000 XRP, as promised by Uphold in the initial announcement.
Congratulations to Donald Z. from Oregon, the winner of the 20,000 XRP Sweepstakes! ?
This November, we've increased the prize and are giving away 50,000 XRP. Don't miss your shot! ?
Learn how to opt in & participate in the sweepstakes: https://t.co/eGhW6bV4nu pic.twitter.com/x4UcFDDSoH
— Uphold (@UpholdInc) November 13, 2023
Notably, Uphold announced the winner of its October XRP campaign thirteen days after the promotion ended. An X user disclosed that he initially doubted the reality of the campaign as it took a while for the ultimate victor to be declared.
Donald Z emerged victorious in the draw that followed the keenly contested activity among numerous qualified entries. Following the October XRP Sweepstakes conclusion, Uphold has declared a grander XRP prize offering in its continuous campaign.
How to Win Uphold’s 50,000 XRP
The exchange has announced a significant 150% increase in the XRP bounty for the November edition. In particular, Uphold plans to give one lucky trader on its platform, like Donal Z, 50,000 XRP after emerging from the draw to be conducted at the end of the November XRP Sweepstakes.
Per the outlined rules of the competition, it takes a $20 trade to qualify for the draw. The exchange noted:
“For every $20 of eligible trades you make on our platform, you’ll get an entry into the sweepstakes. This means the more you trade, the higher your chances of winning.”
Meanwhile, the $20 trade counts only after an intending participant has opted to partake in the giveaway. Besides, not all transactions of $20 and above are valid for the contest.
Uphold has noted the activities that hurt a participant’s chances of winning. Specifically, invalid entries encompass transactions such as “depositing a fiat currency into the same fiat currency,” withdrawals and transferring crypto between Uphold users.
It is worth mentioning that Uphold’s XRP giveaway is open only to residents of the United States, excluding New York.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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