XRP: Coinbase Starts Flare (FLR) Airdrop Distribution to Users

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XRP: Coinbase Starts Flare (FLR) Airdrop Distribution to Users
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XRPHolders to receive Flare (FLR) airdrop on Coinbase $FLR $XRP CoinbaseAssets XRPArmy XRPCommunity

Customers of Coinbase , as well as users of the Coinbase exchange in authorized jurisdictions, who held XRP on the snapshot date of Dec. 12, 2020, will be eligible to receive FLR tokens.

The funds will be distributed to Coinbase user accounts after the processing is finished, which is anticipated to take the next 72 hours. Outbound transfers for Flare will not be available in the meantime. On Coinbase, in areas where trading is supported, inbound transfers have already begun. The exchange will announce the forthcoming debut of trading the FLR-USD pair in stages after a sufficient supply has been established and the Flare airdrop distribution is complete.

Coinbase finally listed FLR, much to the joy of the XRP community, which had agitated that the crypto exchange should distribute the Flare airdrop to XRP holders. This might be seen as a step forward given the association between FLR and XRP.In early January 2021, Coinbase suspended XRP trading on its platform shortly after the SEC took action against Ripple Labs.

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