Does Coinbase support flare (FLR) Token airdrop?

Coinbase will honor its commitment to support the Flare (FLR) (formerly Spark) token airdrop for its customers who held a Ripple (XRP) balance as of December 12, 2020. Review the FLR token airdrop details below carefully.

How does the FLR Token airdrop work?

The FLR balance will be reflected in your My assets dashboard. The FLR token airdrop is based on the XRP balance that was in your Coinbase.com, Coinbase Exchange, or Coinbase Pro account on December 12, 2020 at 00:00:00 UTC. The distribution ratio is 1.0073 FLR per 1 XRP x 0.15 (15% of the total supply released to the community).

What are Coinbase airdrops?

What is a good thing about Coinbase airdrops is that earned crypto tokens and coins are immediately available for use. You can convert them to your favorite cryptocurrencies like Bitcoin or Ethereum. Converting is another great feature on the Coinbase platform. It is almost instant and feeless.

Who is eligible for the FLR Token airdrop XRP?

To be eligible for the FLR token airdrop, you must have held a XRP balance on Coinbase.com, Coinbase Exchange, or Coinbase Pro as of December 12, 2020 at 00:00:00 UTC. Customers residing in New York or Japan are not eligible for the FLR token airdrop XRP transactions that were pending on December 12, 2020 at 00:00:00 UTC do not qualify