In a significant move within the crypto space, Uphold, a crypto exchange renowned for its user-friendly platform and extensive support for various cryptocurrencies, has unveiled an exciting partnership with Ripple, one of the blockchain industry’s leading companies. This groundbreaking collaboration has the potential to open up new avenues for crypto enthusiasts and investors, while also contributing to Ripple’s objective of enhancing liquidity for its cross-border payment solutions.
Reason for the partnership Between Uphold and Ripple
Uphold, widely known for its accessibility and diverse range of supported digital assets, is taking this partnership as an opportunity to elevate its services. Ripple, a pioneering force in the blockchain world, is strategically teaming up with Uphold to advance its goals in the realm of cross-border payments.
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This partnership carries substantial weight for crypto users as it holds the promise of delivering added value and potentially boosting the status of XRP, Ripple’s native cryptocurrency. The ripple effect of this partnership could extend beyond the crypto community and influence the broader financial landscape.
To celebrate this momentous collaboration, Uphold has extended its October XRP Sweepstakes promotion, featuring an enticing prize draw of 20,000 XRP. Throughout October, traders on the Uphold platform have a golden opportunity to vie for this substantial prize, which could significantly enhance their crypto holdings.
What’s better than 10,000 #XRP? How about 20,000 XRP!
✅ Opt-in to win
✅ Start tradingEvery $20 you trade earns 1 ENTRY into the prize draw. The more you trade, the better your chances.
Learn how to opt in & participate in the draw: https://t.co/LwK9AZ9cMv pic.twitter.com/tsfnnDIG6M
— Uphold (@UpholdInc) October 25, 2023
Participation in the sweepstakes is a straightforward process: for every $20 worth of eligible trades executed on Uphold’s platform, participants earn one entry into the sweepstake. The more one trades, the greater their chances of winning this coveted prize.
How To Partake
To partake in this exciting opportunity, traders must opt into the sweepstakes, ensuring that only trades made after opting in will count towards earning entries. Uphold has streamlined the opt-in process, making it hassle-free and easily accessible via the Uphold app. Importantly, there’s no cap on the number of entries one can accumulate, providing active traders with an excellent shot at winning big.
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It is worth noting that this promotion is available exclusively to U.S. residents, with the exception of those residing in New York and Florida. Importantly, no purchase is necessary to participate, offering an equal opportunity for all eligible participants.
The sweepstakes commenced on October 6, 2023, at 00:01 EDT and will run until October 31, 2023, at 23:59 EDT. To stand a chance to win, participants must ensure that all their transactions are successfully executed on the Uphold platform by 23:59 EDT on the final day of the Sweepstakes Period. Pending transactions will not be considered for entry.
Selection of the winner
The selection of the winner will be determined through a random draw at the conclusion of the Sweepstakes Period. The fortunate winner will be promptly notified via email regarding their impressive prize, and the 20,000 XRP will be deposited into their Uphold account within 30 days. Uphold may request proof of the winner’s age and residence before disbursing the prize, maintaining the integrity of the competition.
As this partnership between Uphold and Ripple continues to make waves in the crypto world, the crypto community eagerly anticipates the potential benefits and the impact it may have on the digital currency ecosystem. Users and traders are keeping a close eye on the developments, as the collaboration unfolds, eager to harness the opportunities and innovations it could bring to the ever-evolving crypto landscape.