Gemini Announces 4,000 XRP Daily Giveaway

Gemini Announces 4,000 XRP Daily Giveaway

Gemini an American cryptocurrency exchange that recently listed XRP on its platform, has launched a daily distribution of XRP on its platform using the XRP Faucet.

IN The exchange announced on Twitterwhich will give away 4,000 XRP every day at 3:00 pm EST until August 18 at 11:59 pm EST.

In order to receive XRP, users need to enter the email address associated with their verified Gemini account, after which they will receive 20 XRP once a day, for one week, or until the agreed amount runs out.

The promotion, as mentioned in the tweet, is available to US residents and does not require the purchase of XRP.

IN blog post Gemini also announced that they now support the XRP Ledger (XRPL), adding a new blockchain to their supported networks which include Bitcoin, Ethereum, Solana, Litecoin, Bitcoin Cash, Polkadot, Avalanche, Cosmos, Zcash, Filecoin, Dogecoin and Tezos.

XRP is now available for trading on the Gemini API/FIX and ActiveTrader Apps for USD Trading Pairs, Mobile App and Website Gemini for pairs with US dollars, pounds sterling, euros, Canadian dollars, Singapore dollars, Hong Kong dollars and Australian dollars.

Although XRP can be stored in the Gemini exchange wallet, it is not yet available in Gemini Custody.

This week, Gemini announced the listing of XRP, which generated a lot of interest from the community and users of the exchange. The cryptocurrency exchange announced on August 10 that XRP trading is now available on its platform.

Following the listing, XRP briefly jumped above $50 on the Gemini crypto exchange, boosting the token’s market cap to trillions of dollars in minutes before falling back to spot markets on other exchanges.

XRP remains in the top three most traded assets on major South Korean crypto exchange Bithumb and Japanese crypto exchange bitFlyer.

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