Gemini, a leading U.S.-based exchange, has unveiled a limited-time giveaway of 4,000 XRP tokens each day. The announcement, made via an official tweet that reads, “We’re giving away 4,000 XRP! Every day at 3pm EST. Introducing: The XRP Faucet,” has already seen its first giveaway close just two hours after being made public.
Dubbed the “XRP Faucet,” the giveaway began on August 11, 2023, at 3:00 pm ET and is slated to conclude on August 18, 2023, at 11:59 pm ET. According to the terms and conditions delineated on Gemini’s official website, eligibility for participation requires being a legal resident of the United States, a minimum age of 18, and possession of a verified Gemini account. The offer, restricted to one per verified customer per day, operates on a first-come, first-serve basis.
The decision by Gemini to relist Ripple XRP for trading emerged as a strategic response to Ripple Labs’ partial triumph against the United…