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Airdrops

Uphold Will Support SOLO Airdrop for XRP Holders

  • 23 Dec, 2021

  • 1 Min read

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Uphold Team

Great news! We’re excited to announce our support for the upcoming $SOLO airdrop following the snapshot scheduled for 12/24/21 at 8:00 PM UTC.

Customers who hold $XRP on Uphold on that specific point in time will be credited their SOLO tokens shortly following the airdrop.

Please note:

  • Each eligible user will be credited SOLO tokens based on the formula below: undefined
  • Initial support will not include trading or withdrawals
  • Users in blocked jurisdictions or whose accounts are subject to restrictions at the time of distribution will not receive the SOLO airdrop. For more information, please refer to Uphold’s FAQ page
  • The SOLO airdrop is currently expected in January, and we expect to credit Uphold accounts with SOLO shortly thereafter.

What is Sologenic?

Sologenic is a protocol based on the Ripple network, providing on-demand tokenization of securities, stocks, ETFs, commodities, and other non-blockchain assets.

For more information on the SOLO airdrop, please visit Sologenic’s blog and official guide.

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Uphold Team
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Uphold Europe Limited, Reg No. 09281410, Registered Office: Eastcastle House, 27/28 Eastcastle Street, London, United Kingdom, W1W 8DH

© Uphold 2024. All Rights Reserved.

Uphold (FRN: 938277) is registered with the Financial Conduct Authority (FCA) for AML purposes and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer).

Uphold is also an EMD agent (FRN: 900577) of Optimus Cards UK Limited (FRN: 902034) which is authorised and regulated by the Financial Conduct Authority to issue e-money pursuant to the Electronic Money Regulations 2011.

The purchase, sale and custody of cryptoassets are regulated by the FCA for anti-money laundering purposes but this does not indicate any approval by the FCA of Uphold’s cryptoasset activities. Cryptoassets are very high risk and speculative.  When purchasing, selling and/or holding cryptoassets, you will not have access to the Financial Ombudsman Service (FOS) or the Financial Services Compensation Scheme (FSCS) if something goes wrong. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial circumstances.

Fiat money payments and balances (fiat is another name for traditional currencies, such as GBP, USD and EUR) constitute regulated e-money and payment services. In providing fiat balances, you are being issued with e-money by Optimus and Uphold is acting as its agent. See specific e-money terms. E-money is not a deposit or investment account which means that your e-money will not be protected by the FSCS. Your funds will be held in a designated safeguarding account with a regulated financial institution. E-money will not earn any interest.

Additional risk warnings are contained in Uphold’s Terms & Conditions