95 Comments

  1. Allen M
    25 November 2020 @ 03:34

    So I have some XRP in my Kraken account. What would I need to do to take advantage of the free SPARK tokens? I’m new to cryptocurrency, and trying to learn as I go. Thank you in advance for any help/advice.

    Reply

    • CryptoTips.eu
      25 November 2020 @ 08:44

      Hi,

      Most exchanges are still deciding whether they are supporting this airdrop. Just wait until Kraken gives you more information about this. When it’s still not clear around December 10, withdraw your XRP tokens to an exchange or wallet that supports the XRP airdrop.

      Reply

      • Angelo
        26 November 2020 @ 03:40

        Hi,

        If I use Celsius as a bank/savings account and my XRP is on the site will the SPARK automatically be credited to me?

        Reply

        • CryptoTips.eu
          29 November 2020 @ 16:07

          Yes, Celsius will support the XRP airdrop.

          Reply

          • Bettaibi Mohamed
            30 November 2020 @ 20:20

            I have 100 XRP in my account binance i can get it

      • Mark
        30 November 2020 @ 00:49

        Flare / XRP. The recommendation is not to store on binance but to use their trust wallet, but this wallet doesn’t look to be part of the airdrop. Is this correct as I thought it’s risky moving funds out of your wallet onto an exchange.

        Reply

        • CryptoTips.eu
          30 November 2020 @ 09:38

          I’m not saying to store it on Binance, but only hold it there during the snapshot. It is, in my opinion, riskier to play with your private keys than transferring your funds. But there are limitless possibilities to get the SPARK airdrop, you can choose the one that suits you the best.

          Reply

          • Chris
            30 November 2020 @ 20:24

            So is it safe to say that I can move my coins off the supported exchange or wallet after the 12th of December, assuming that is still the date where the snapshot is taken?

    • Dustin
      28 November 2020 @ 10:01

      I ended up moving mine from kraken to celsius already. Since you can earn some interest on them as well while you wait.

      Reply

    • Stephen
      2 December 2020 @ 02:16

      Hi,
      Kraken announced they’re supporting the airdrop. So you may keep your assets in your Kraken exchange or move them still, if you’d like. Cheers.

      https://twitter.com/krakenfx/status/1333534273010360326

      Reply

      • CryptoTips.eu
        2 December 2020 @ 08:53

        Thank you for the info Stephen, updated the article!

        Reply

  2. Andrea Vischetti
    25 November 2020 @ 12:45

    Hi All, if I move my xrp to a supporting wallet, and it’s there on the 12 for the snapshot, can I just remove it right after?

    Reply

    • CryptoTips.eu
      25 November 2020 @ 12:55

      Yes, when the snapshot is taken, you can move your coins! Make sure that you move the funds around 10 December to a supported wallet. Binance, for example, suspend withdrawing and depositing starting from 2020/12/11 10:00 PM (UTC).

      Reply

    • G Lobo
      3 December 2020 @ 22:17

      So I have xrp on uphold. I just need to send the screenshot and it’s ok since it supports uphold right?

      Reply

      • CryptoTips.eu
        4 December 2020 @ 09:01

        Yes, you just have to wait for the snapshot. That’s what you mean right with screenshot?

        Reply

  3. Alex
    25 November 2020 @ 14:34

    Hi.

    Do you have any idea if Luno is going to be apart of this?

    Thanks

    Reply

    • CryptoTips.eu
      25 November 2020 @ 14:55

      I don’t think so, but you can always ask them by creating a ticket.

      Reply

  4. George
    25 November 2020 @ 14:41

    Hello, so I just saw that Gatehub will support this, so I will just send my XRP to Gatehub and they will do the rest ? 🙂 Thankyou

    Reply

  5. Rohit Kumar Jain
    25 November 2020 @ 15:56

    Will this support XRP held in Ledge wallet?

    Reply

  6. Adam
    25 November 2020 @ 16:45

    I moved my xrp to xumm and did the spark airdrop setup using my ETH address on my Blockchain wallet…. is this a supported method that will work? I am a bit confused. Thanks in advance!

    Reply

  7. D
    25 November 2020 @ 17:46

    If you are using leverage are you still able to take advantage or do you have to have XRP outright?

    Reply

  8. Andrei
    25 November 2020 @ 18:18

    Hi,
    The Ledger wallet it’s valid for the airdrop?

    Reply

    • CryptoTips.eu
      25 November 2020 @ 18:41

      Yes it is possible, but it is very technical and risky.

      Reply

      • Melissa
        29 November 2020 @ 01:05

        Really? I was told to get the ledger. What is the best place to store my xrp? I have most in my nano ledger, some in coinbase and some in exodus. Is exodus supporting the drop?

        Reply

        • CryptoTips.eu
          29 November 2020 @ 11:52

          The safest way to store your XRP is in a cold wallet, so a Ledger would be fine. Exodus is listed as one of the supported wallets, but you won’t get the tokens automatically. Follow this tutorial for Exodus:

          • Go to your XRP wallet
          • Go to the top right and click on the three dots
          • Go to Advanced Options
          • Hit Register Flare Address

          Reply

  9. Cheri
    25 November 2020 @ 18:50

    Is Coinbase wallet going to be included?

    Reply

    • CryptoTips.eu
      25 November 2020 @ 18:53

      Currently not, but you can check out the supported exchanges website. They don’t support as many forks as Binance for example, but you never know.

      Reply

  10. Richard Valverde
    25 November 2020 @ 19:31

    Is the Bittrex exchange going to be included in the airdrop?

    Reply

  11. paz
    25 November 2020 @ 20:45

    Hello can anyone please clarify , the following is the formula to be used by bianance in awarding Spark tokens for XRP holders
    User A = Amount of XRP held by User A at the time of snapshot / Total XRP held by Binance at the time of snapshot * Total SPARK received by Binance for the airdrop

    How much would this mean in practice?
    if i deposit 10,000 XRP to bianance, how many spark tokens will i get?

    Reply

    • CryptoTips.eu
      26 November 2020 @ 07:57

      The distribution ratio is around 1:1, so with 10,000 XRP you will receive ~10,000 SPARK

      Reply

  12. Solomon
    25 November 2020 @ 21:49

    Hello,

    Thank you for providing the information and responding to the questions, greatly appreciated.

    I’m new to the crypto world and I just invested in XRP on kraken. I will wait to see if kraken will participate in the spark airdrop but if not then hopefully I can find a way to put my xrp into a wallet that will be recognized.

    My question is, do we take the snapshot? or will it be done automatically? And can we sell our XRP soon after? or do we have to wait until we receive the tokens?

    Thanks again for your time,

    Reply

    • CryptoTips.eu
      29 November 2020 @ 16:06

      The snapshot will be taken by Flare Network (so automatically). Yes, you can sell your XRP after the snapshot is taken and you don’t have to wait.

      Reply

  13. Sas
    25 November 2020 @ 22:07

    Hi, it might be silly question as I’m new for crypto, but I have seen previous article the disadvantages of doing airdrop; such as getting back worthless coins. How likely XRP go through that?

    Reply

    • CryptoTips.eu
      26 November 2020 @ 07:58

      In the article you read we were talking about the airdropped tokens. So in this case, the airdropped SPARK tokens. The value of SPARK is not yet determined and can be any price based on supply and demand.

      Reply

  14. Bill T
    25 November 2020 @ 23:12

    If i am Staking my XRP with Crypto.com will I still be eligible for the drop OR should i move my XRP out of staking?

    Reply

    • TheSpydi
      29 November 2020 @ 12:07

      Yes, from the official website: “XRP in Crypto Earn and Credit is eligible for the distribution.”

      Reply

    • Nate
      1 December 2020 @ 16:10

      So as long as on crypto com you get the airdrop even if locked up in staking?

      Reply

  15. Seth Nordman
    25 November 2020 @ 23:13

    Is Coinbase going to get an air drop?

    Reply

  16. silvain
    26 November 2020 @ 06:34

    hi!
    Spark is it available with coinbase?

    best regards

    Silvain

    Reply

    • CryptoTips.eu
      26 November 2020 @ 07:59

      Coinbase did not confirm that they will support the airdrop, yet. We think that they won’t support it at all.

      Reply

  17. Alan
    26 November 2020 @ 08:57

    Will the airdrop only be assessed on what’s in your wallet or will it also be based on what current open trades you have with a supported exchange? Your article suggests the former but I’ve had conflicting advice which suggests the latter.

    Reply

  18. John B.
    26 November 2020 @ 11:02

    If I move my xrp to binance is there anything else I need to do to get the spark tokens allocated? I’ve seen a few exchanges indicating they will claim and allocate to their wallet holders, but do not have any details on binance. Of course I can always open with another exchange, but considering I’ve already got a verified binance account, that would be easiest. Cheers.

    Reply

    • CryptoTips.eu
      26 November 2020 @ 11:59

      You need to be aware of the following things:

      Move your XRP before 2020/12/11 10:00 PM (UTC) to Binance. They will suspend deposits!
      Only balances with 10+ XRP are eligible.
      XRP margin accounts, crypto loans, pending deposits are excluded.
      Listing is not guaranteed.

      Reply

      • John B.
        26 November 2020 @ 14:36

        Good day, thank you for the quick reply. So basically, if I move my xrp to binance this week and just leave it there past Dec 12 for the snapshot, I am guaranteed the allocation? No need to claim or do anything else? Saw the formula binance will use, which basically amounts to a 1:1 allocation of the tokens received by binance to holders of xrp on their platform. Am I missing anything?

        Reply

        • CryptoTips.eu
          26 November 2020 @ 14:54

          Yes, basically that’s what you need to do (make sure it’s above 10 XRP). After the snapshot is taken, you can withdraw your funds. No need to do anything else! Good luck!

          Reply

        • CryptoTips.eu
          29 November 2020 @ 11:54

          Nope, you understand it!

          Reply

  19. Yar
    26 November 2020 @ 11:07

    Hello! I I have two questions and I will be grateful for the answer
    I have 2 already activated wallets for XRP.
    One of them is Trust Wallet and the second one is Gatehub.
    I moved all the coins on TW few monthes ago.
    Does Spark is available with Gatehub?
    I just need to remove my XRP to my address on Gatehub and thats all?

    Reply

  20. Carlos
    26 November 2020 @ 13:33

    Will Binance US support the airdrop ?

    Reply

    • CryptoTips.eu
      26 November 2020 @ 13:35

      Not yet confirmed, please keep an eye on their announcements.

      Reply

  21. Gabs
    26 November 2020 @ 13:40

    Hi how do I move XRP to a supported wallet? Currently have in Coinbase. Thanks!

    Reply

    • CryptoTips.eu
      26 November 2020 @ 14:00

      We wrote a tutorial for you, please check the article.

      Reply

  22. Keith O
    27 November 2020 @ 01:15

    Hi 👋 have about only 500 XRP, some in Binance, some in coinbase pro and most In an Exodus Wallet. Do you know how f exodus wallet supports Spark? It had a + symbol in the top right which says I’m eligible and registered for the airdrops, but I’m not sure they support Spark. Do you think it would be wise moving all to binance? Or wait for updates to exodus before the 10th, hopefully update will support, and if not move to binance spot wallet.
    Great article btw, very detailed and clear. You got good info here!

    Reply

    • CryptoTips.eu
      29 November 2020 @ 11:54

      Check out this tutorial for Exodus:

      • Go to your XRP wallet
      • Go to the top right and click on the three dots
      • Go to Advanced Options
      • Hit Register Flare Address

      Reply

  23. Haque
    27 November 2020 @ 13:51

    Hi, if I keep my Xrp till 10th December and do I have to do anything else? Like complete the form or etc like other airdrop.

    Reply

    • CryptoTips.eu
      29 November 2020 @ 11:53

      Depends on where you keep them…

      Reply

  24. Troy
    27 November 2020 @ 14:26

    I have my XRP currently in my Nano ledger S….. will the airdrop automatically recognize this or do I have to move it from my ledger back into my Crypto.com wallet?

    Reply

    • CryptoTips.eu
      27 November 2020 @ 14:30

      Nope, not automatically, you have to perform some steps. Easiest, in my opinion, is to move it.

      Reply

  25. Brad
    27 November 2020 @ 15:41

    Why is Uphold not listed as a participant? They announced almost immediately that they would participate.

    Reply

    • CryptoTips.eu
      27 November 2020 @ 15:56

      I only listed some of the major exchanges. You can check the tweet of Flare Networks to see the full overview.

      Reply

  26. Donnie Evans
    29 November 2020 @ 03:47

    Hi. So here is my plan and I would love to get your opinion on any holes that may be in it. I have $6K that I have liquid but can’t put on a long hold. I plan on putting it into XRP leading up to airdrop, raise my XRP standing which should raise my spark award. After the snapshot (or after the rise of XRP tapers off), I will cash out my $6K but then wait on quarter one of 2021 to receive my Spark, which SHOULD include the extra 6K spark that I invested in XRP before the airdrop. Then I will gauge whether to hold or cash out the Spark. What do you think? #Newbie

    Reply

    • CryptoTips.eu
      29 November 2020 @ 11:48

      Can’t give you advice on the investment part, but if you’re doing this with Binance then you will receive the SPARK tokens!

      Reply

  27. Damian
    29 November 2020 @ 19:06

    If someone has their XRP staked on Nexo.io, would they get the airdrop? Or does it have to not be staked?

    Reply

    • CryptoTips.eu
      30 November 2020 @ 11:44

      Jep, Nexo supports this airdrop. You get it when your XRP is stored with Nexo.

      Reply

  28. RTM
    29 November 2020 @ 19:27

    Kraken to Binance Instructions.

    Crypto newbie here. I am more of a real estate and stock investor (RSU, 401k, ESPP) but I am learning crypto. I opened a Binance account and moved my XRP from Kraken. The process was pretty straight forward and completed within 5-minutes. Below are the steps taken:
    Steps to transfer XRP from Kraken to Binance:

    1. Open up an account at Binance.com (and perform id verification to allow deposits).
    2. From Binance, navigate to “Wallet – Balance” and click “XRP – Deposit” link from page.
    3. From Binance, copy the XRP address from Binance Wallet. Log into Kraken account.
    4. From Kraken, navigate to “Funding” and click “Withdrawal” link from XRP balance line.
    5. From Kraken, click “Add Address” link and paste XRP address from Binance Wallet (follow instructions to verify address).
    6. From Kraken, perform withdrawal process again and select from the drop-down menu your Binance Wallet XRP address that was just added.
    7. From Kraken, enter amount desired and “Review Withdrawal – Confirm Withdrawal”.

    Reply

  29. DALE
    30 November 2020 @ 01:06

    Hi, I have my XRP in crypto com wallet, I will be ok to leave them there they will be recognized by the XRP airdrop no need to move them to binance com?
    I’m new to crypto what exactly is happening with XRP coins, spark coins and airdrop?
    Say you don’t do anything what will happen to your XRP coins? Are they going to be worthless?

    Reply

    • CryptoTips.eu
      30 November 2020 @ 11:46

      Crypto com will support this airdrop, so no need to move them.
      There will be an utility XRP fork. If you don’t do anything, you will just not get the SPARK tokens.
      Check out the article above for the answers to your questions.

      Reply

  30. Ander
    30 November 2020 @ 01:32

    Hi, I am a bit confused on how can I get this benefit.

    I have my XRP in my Coinjar Wallet, do I have to send my XRP to Binance in order to get 1: 1 or can I leave it in my current wallet?

    Thank you

    Reply

    • CryptoTips.eu
      30 November 2020 @ 11:47

      Coinjar is not (yet) supporting the Flare airdrop, so you can contact them and ask if they will support it or move your XRP tokens.

      Reply

  31. Daniel
    30 November 2020 @ 12:16

    does metamask support this airdrop?
    thanks

    Reply

  32. Pankaj
    1 December 2020 @ 01:11

    I already have more than 10 xrp in my binance spot wallet. What else I have to do to claim spark tokens.

    Reply

    • CryptoTips.eu
      1 December 2020 @ 09:07

      Just leave it there and you’re good to go. XRP margin accounts, crypto loans, pending deposits are excluded.

      Reply

  33. JohnWickCrypto
    1 December 2020 @ 01:42

    I have a question, after Dec 12 passes, can we remove our XRP or do we have to keep them in that location till after the airdrop occures?

    Reply

  34. Raj
    1 December 2020 @ 06:22

    Can you tell me the exact time of snapshot? I fear that once the snapshot is taken, it will crash hard.

    Reply

    • CryptoTips.eu
      2 December 2020 @ 18:46

      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).

      Reply

  35. Umair Khalid Khan
    1 December 2020 @ 06:48

    So like, when is the EXACT time on 12 December that the snapshot will be taken? And is it necessary to hold XRP even after 12 December?

    Reply

    • CryptoTips.eu
      2 December 2020 @ 18:46

      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).

      Reply

  36. Dady
    1 December 2020 @ 13:48

    Hello … I’m a new in crypto … I have XRP in Bitstamp acount. If I understood correctly I didn’t have to do anything to get it Flare airdrop ?
    Thank you for the answer and best regards from Slovenia 🙂

    Reply

    • CryptoTips.eu
      1 December 2020 @ 16:15

      Exactly! Bitstamp supports the XRP airdrop.

      Reply

  37. Ryan
    1 December 2020 @ 14:53

    Is it currently possible to transfer XRP from Coinbase into eToro? I have XRP on Coinbase, but the eToro wallet is telling me the only way to create an XRP wallet in the eToro wallet app is by transferring directly from the eToro exchange, but I can’t find any info on how to transfer from Coinbase to eToro exchange.

    Reply

    • Ryan
      2 December 2020 @ 19:15

      Alright cool, thanks!

      Reply

  38. Luis
    2 December 2020 @ 12:17

    What will happen with xrp in binance after airdrop, will be blocked into binance and doesn’t not accepted by other crypto market ,maybe need to hold it there eternity???

    Reply

  39. Luis
    2 December 2020 @ 12:21

    Revolut will do accepting the airdrop for xrp??

    Reply

  40. Luis
    2 December 2020 @ 13:26

    How much value can have spark token more or less, after airdrop ?

    Reply

  41. Razz
    2 December 2020 @ 18:15

    Will the Monarch wallet support the XRP air drop ?

    Reply

    • CryptoTips.eu
      2 December 2020 @ 18:43

      Nope, not yet in the overview.

      Reply

  42. tony redmond
    2 December 2020 @ 18:47

    i have xrp on a ledger wallet, will i be able to get spark tokens?

    Reply

  43. Kz
    5 December 2020 @ 06:02

    Just making sure that Bittrex will be supporting the air drop? anyone can 100% confirm that 🙂 Thanks crypto bros!

    Reply

    • CryptoTips.eu
      7 December 2020 @ 10:01

      Yes, Bittrex will 100% support this

      Reply

  44. Everest Eze
    6 December 2020 @ 16:46

    Good day Crytotips, I love what you are doing, I want to know if Luno Exchange will support the spark airdrop, because i have some in it?

    Reply

    • CryptoTips.eu
      7 December 2020 @ 10:02

      I can’t find any information about this, if it’s not certain, you can better move your funds.

      Reply

  45. mike
    9 December 2020 @ 00:28

    Question: I transferred my XRP into Binance, however I would like to know does Flare Network send out algorithms to Binance to determine validity of XRP or does Binance notify Flare Network that the Spark token is warranted.
    thank you for any advice,

    Reply

  46. Ahmad El Moussaoui
    13 December 2020 @ 04:48

    Hi, I missed Dec 12th date actually as the exchange am using doesnt support airdrop, how I can claim my tokens then?

    Reply

  47. Ahmad El Moussaoui
    13 December 2020 @ 04:49

    Unfortunately Rain is not listed on flare website…. I hope I didnt miss it.

    Reply

  48. Danny
    14 December 2020 @ 16:36

    How do I make sure whether my XRP balance is taken/included in the snapshot, so I can get the SPARK tokens, when they arrive?

    Reply

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