Leading crypto exchange Uphold recently announced a promotional offer for XRP holders, in collaboration with Zebec Network.
The campaign will reward eligible XRP holders with free ZBCN tokens, Zebec’s native asset, upon meeting certain criteria. The initiative seeks to celebrate and incentivize high-volume XRP users on the Uphold platform while offering them exposure to the broader Zebec ecosystem.
Rewarding Those Holding $50K+ in XRP
Specifically, the promotion targets large Uphold XRP holders with at least $50,000 worth of XRP in their wallet as of June 11, 2025. This equates to approximately 25,000 XRP tokens, as the coin traded above $2.
Uphold confirmed that only U.S. residents, excluding those in New York and Florida, are eligible. Participants are at least 18 years old and in good standing with Uphold, having completed full identity verification procedures.
ZBCN Token Rewards Incoming
The Zebec Network team allocated a total prize pool of $100,000 worth of ZBCN tokens for the promotion. It will distribute the reward proportionally among all eligible users, meaning the more participants who qualify, the smaller each reward may be.
However, the $50,000 minimum holding requirement ensures a relatively limited pool of participants, potentially maximizing each individual’s token allocation. For context, only 131,535 XRP wallets currently hold 25,000 tokens, according to XRP rich list data, and the number is likely even lower on the Uphold exchange.
Eligible users will receive their ZBCN tokens directly into their Uphold accounts, specifically in a ZBCN sub-account. Uphold has stated that distribution will occur within 30 days of the promotional date. In other words, the latest delivery window is around July 11, 2025.
💚 From @Zebec_HQ, over to you!
💎 Hold $50K+ in $XRP on Uphold? You're on the list to get some $ZBCN.
📃 T&C Apply.
🔎 Learn more: https://t.co/Enafc4Xtkx https://t.co/R4yBTtazDm
— Uphold (@UpholdInc) June 17, 2025
Stay Safe and Wait for Official Instructions
Uphold and Zebec Network have strongly urged users to remain vigilant and rely only on official communication channels. Instructions for claiming ZBCN tokens will be through Uphold’s in-app messages and official email notifications.
They advise users not to click on third-party links or trust direct messages regarding the promotion, as scammers may attempt to exploit the buzz surrounding the airdrop.
Uphold also reserves the right to amend or cancel the promotion at its sole discretion. Only one reward will be issued per eligible user, and prizes are non-transferable.
Overall, this joint initiative by Uphold and Zebec Network rewards XRP loyalty and introduces holders to the Zebec ecosystem via its native ZBCN token.
Notably, this is not the first time Uphold has organized a promotional campaign for XRP holders. Just last month, Uphold hosted an exclusive giveaway to celebrate the XRP Vegas 2025 event. According to the announcement, one lucky winner received $50,000 in XRP.
DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
