U.S.-based exchange, Uphold, has introduced an exciting opportunity for XRP enthusiasts through its new campaign, the “XRP Sweepstakes.” This promotion offers participants the chance to win up to $20,000 worth of XRP tokens. Announced on Thursday via its official account on X, Uphold revealed that one lucky participant would take home the grand prize, while an additional $5,000 in XRP will be divided among five runners-up.
How to Participate
The campaign, which began on October 3 and runs until October 31, rewards users based on their activity on the exchange. Users don’t need to make any specific purchases or payments to join the Sweepstakes. Instead, eligible transactions on the Uphold platform will automatically generate entry tickets for the draw.
Related article: XRP Gains Momentum as Whales Accumulate 470 Million Tokens
The process to participate is simple. Users need to register by clicking the “opt-in” banner in the Uphold app, available to eligible participants. Upon opting in, each user receives a free entry. After that, any eligible transaction during the campaign period earns additional tickets, increasing the chances of winning. It’s important to note that the number of transactions, not the size of the trades, improves a participant’s odds, as there is no limit to the number of entries one can accumulate.
Rules and Eligibility
All transactions count toward earning entries except for crypto or fiat withdrawals and deposit transactions. This means all eligible trades contribute to entry tickets, regardless of the transaction value. Uphold clarified that eligible participants must be registered users who have completed their KYC (Know Your Customer) verification.
Related article: Ripple Locks 800 Million XRP: Could a Break Above $0.65 Spark a 12% Rally?
However, residents of New York and Florida are excluded from the competition. Participants must also be at least 18 years old. At the end of the campaign, Uphold will randomly select six winners from all valid entries. Winners will receive a notification email, and their prizes will be credited to their Uphold accounts within 30 days.
Winners are required to confirm receipt of their prize and accept the Terms and Conditions within ten days. If they fail to do so, the prize will go to the next qualified participant. Uphold may also request proof of age and residency before distributing the prizes.
The post XRP Enthusiasts, Here’s Your Chance to Win $20,000 with Uphold appeared first on FXcrypto News.