CEX.IO will support the Airdrop Spark Program (SPARK)

Responding to numerous customer requests, we would like to inform you that CEX.IO will support holders of the upcoming Airdrop Spark Program (SPARK) for Ripple (XRP) holders. Participate in SPARK ticket distribution CEX.IO will take a snapshot of all XRP balances on December 12, 2020. We will stop the XRP deposits and withdraw before then, on December 11. Plan your trading activity accordingly!

ℹ️ About Flare network and Spark ticket (SPARK)

Flare Networks is a smart contract utility fork from Ripple. This consensus protocol will enable smartly developed contracts to run on the XRP Ledger using the Ethereum Virtual Machine (EVM).

Spark is the native signal of the Flare network. It is mainly used to control spam in the network. Other use cases of the token include collateral in applications, contributor to oracle, and governance on the Flare network.

Attention Spotlight sparkle

To promote a new consensus protocol, 45 billion Spark (FLR) is paying attention. On December 12, 2020, a snapshot of all XRP accounts is taken to determine how many tickets each XPR holder will receive. Later, when the Airdrop takes place, the SPARK tickets are sent to XRP holders at a ratio of approximately 1: 1.

To participate in the ticket distribution, you only need to top up your CEX.IO account with some XRP.

⚙️ How CEX.IO will handle the comment

The CEX.IO team will handle the comment preparation as follows:

  • XRP deposits and withdrawals will be suspended initially from December 11, 2020, at 10:00 PM (UTC).
  • Then we’ll take a look at all the XRP tokens that CEX.IO users have on December 12, 2020, at 00:00 AM (UTC).
  • An hour after the snapshot we will enable deposits and withdrawals.
  • XRP trading on CEX.IO and on CEX.IO Broker will not be affected.

Once the project completes the SPARK token distribution CEX.IO will credit SPARK tokens to all eligible XRP holders. We will publish the distribution further in our official channels.

We kindly pay your attention that the supporting this comment does not warrant listing SPARK in CEX.IO. We will be subject to the SPARK ticket for our standard review of the listing process. Should we decide to list SPARK on CEX.IO, we will make an additional announcement.

✅ Prepare your account

If you want to participate in the Spark coverage, make sure you have XRP on your CEX.IO balance before we snap a snap.

When planning your XRP deposits and withdrawals, make sure you leave enough time to complete them before suspension (December 11, 2020, at 10:00 PM (UTC. XRP tokens waiting to be deposited or withdrawn at the time of the snapshot will not count towards your XRP balance.

In making a snapshot, we will consider your Total XRP Balance on CEX.IO. Includes your current operating balance and those trade-related tokens (In orders).

📌 When will Spark tickets be issued?

Distribution for Spark tickets is currently expected to occur in the first half of 2021 and this is subject to change at Flare’s discretion. We will communicate the distribution date update when we receive such information from the project.

In the meantime, if you would like free SPARK tickets, make sure you have some XRP on your

Check my XRP balance sheet