Topic: How to receive Airdrop Spark on Binance (Read 185 times)

Airdrop program is being created by a party who didn't have any affiliation or cooperation with the ripple foundation.
As far as i know if spark token will not be distributed to the XRP foundation. I wonder why you have called the XRP foundation was cheating the game? Did you know something about that?

This is one factor because the Fork of XRP scheduled in December 12 so at any chance this is the buying/selling time if wanted to Go ride with XRP as the Ethereum 2.0 first Block released last December 1 seems drying our or just starting to take effectfor what ever reason this is not what those posting here expected.

I have just Bought XRP in Binance so i only need to Hold them to get the Spark airdrop?

Maybe the Airdrop program is good but XRP's DEv is playing a cheat game and devaluing that will cost many XRP holders money.

That's true and i have talked with some people and they were saying they bought ripple caused by they wanna bet on this spark token. I have been reading all of article that published by the flare network and it looks like this token will use a new POS consensus with the combination of collateral system. That will become a very interesting thing to see.

This exactly what I'm confused about this airdrop shit. Although this just an Airdrop incase you have XRP on your binance. But if a trader plans to deposit XRP there just to get airdrop of Spark token, That will be a bad idea since the token will just trap there without any exchange available.

I hope that binance will list spark as soon as airdrop occur so that XRP holder will get a profit on the Spark token.

I've seen on the chart that xrp was starting to turn down slightly, maybe that's an effect of the airdrop. Because of this promotion we experienced some fluctuations of the price, and hopefully after this xrp's popularity as well as the demand will soon get rapid increase on several exchange sites.

Be aware that:

1. Binance will stop any withdrawals and deposits of XRPs from 12/11/20 10 p.m. UTC until the snapshot happened.

And:

2. Binance tells, that they distribute the Sparks, after the airdrop is completed.


https://www.binance.com/de/support/announcement/78c11feba44d443998cf7a5329539e91


This is imprecisely formulated. And maybe it is deliberately formulated in such an inaccurate way. The Airdrop takes place in several payouts. The first payout will be after the start of the flare network and comprises 15%. After that, a random proportion is added every month. This will continue until you got 100% of the Sparks you are entitled to. This can take 24 to 35 months. (!)

If you read the description of binance thoroughly, they say:

"Binance will distribute SPARK tokens after the project has completed the SPARK token distribution to XRP holders."

So when will you get your Sparks on Binance?

2023?
2024?


This it what they exactly say at the moment. If you know the way how the airdrop will happen.



Regards!
McW

I want to get the spark airdrop but that speculation that many will sell XRP just before the snapshot worries me, Knowing that Ripple has a large community of Whales. I joined the BCH fork the price did drop before the fork date but after it got listed BCH pump so I am also imagining this scenario with Ripple. These scenarios make me confuse seriously.

A lot of people bought and Hold XRP to receive this Airdrop I think there will be a big Fomo price  before the Airdrop is distributed.

I also don't know if Spark should be listed as Binance, but holding XRP for the Airdrop I think the pump will happen at this stage.

Binance supporting Spark airdrop maybe the reason for the temporary pump of XRP since they have the largest trading volume for XRP. The only question is whether they will list the Spark token in there exchange or they will just allow the XRP holder to get and withdraw it just like what they did on most of there airdrop.

XRP might experience a bloody week on this upcoming week since many early traders that accumulate on low price will surely take profit before the airdrop.

I just know that if NEM will be having another fork coin too.
I have seen NEM has another fork coin and it looks like it's a failed coin right now.

Im holding ripple and bought my ripple when it was around 20 cents but i do believe if the dump that caused by the snapshoot of spark token will be enough to give a discount for us to load more ripple from the weak hands.
The majority of people bought ripple caused by they wanna get spark token.

Instructions for receiving Airdrop of Spark (SPARK).
To borrow XRP in Binance a margin and then withdraw exchange hold is the fastest way to avoid buying Short headache (or withdrawing to another account)
SHORT X IT IS NOT IMPORTANT IS = QUANTITY = PRICE EXCHANGE AND FUTURE! AND WITH FUTURE PARTS
Buy Exchange and short future with the same quantity at the same price!
For example #XRP is priced at $ 0.6
If you buy 10000 XRP for $ 0.6, you go to the future Short at $ 0.6 quantity 10000 XRP
Of course, fee funding is then closer to the airdrop, the higher fee funding will be
Airdrop coin will be donated to the snapshot date! and #XRP price will decrease slightly and then increase again.

-----------------------------------------------------------------
Binance will support the Spark (SPARK) Airdrop Program for XRP (XRP) holders. The airdrop snapshot will take place at the first validated XRP ledger index number with a timestamp greater than or equal to
2020/12/12 00:00 AM (UTC).    
https://www.binance.com/.../78c11feba44d443998cf7a5329539e91
-----------------------------------------------------------------
Binance will support the Symbol (XYM) airdrop program and opt-in on behalf of users holding NEM (XEM) on Binance. The snapshot for the airdrop will take place at the XEM block height of 3,025,200 or approximately
 2021/01/14 11:07 AM (UTC).
https://www.binance.com/.../983a85523b36455b8d802b2c3723fa5f