Announcement center

SPARK Airdrop for XRP Holders

Dear Bitget users:

Bitget will support SPARK's official plan to airdrop SPARK to XRP holders. Bitget has completed a snapshot of XRP assets at 23:00:00 on December 11, 2020 (UTC+8) and opened XRP's deposit and withdrawal services on December 12, 2020 (UTC+8). The airdrop SPARK distribution rules are as follows:

1. Position Requirement:

10 XRP (position or pending orders ≥ 10 XRP)

2. Snapshot Scope:

XRP in Bitget

(If the XRP sell order has been completed, the deposit has not been credited to account, or the withdrawal has been completed at the time of the snapshot, this part of the asset will not be included in the statistics. Please proceed with caution)

3. Distribution Rules:

Amount of SPARK distributions obtained by users = Amount of SPARKs obtained by Bitget * Percentage of user’s holding position

The percentage of positions held refers to: the amount of XRP positions held by users / the total number of XRP positions held by Bitget (at snapshot time)

4. Distribution Time:

After receiving the SPARK airdrop, it will be distributed, and another announcement will be made after the distribution is completed. (According to the official plan, 15% will be released when the SPARK mainnet goes live (expected within 6 months). The remaining airdrop (85%) will be released within 25-34 months.)

5. Click for more: Claiming Spark FAQ's Further Information on The Spark Token Distribution

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