Rally

Spot

Nothing

Ripple has partnered with crypto exchange Uphold and is giving away 20,000 XRP for eligible trades in the US for a minimum of $20. The news comes as XRP maintains its upward trend, and the overall bitcoin (BTC) and altcoin market continues its rally.
<h2 id="double-or-nothing">&nbsp;Double or Nothing</h2>
Crypto exchange Uphold <a href="https://twitter.com/UpholdInc/status/1717261558818959435" rel="noopener noreferrer nofollow">announced</a> on social media platform X (previously Twitter) that one lucky user will receive a chance to win 20,000 XRP tokens (worth around $11,000 at XRP’s current price). The US-based exchange said the offer is exclusively available to US trades of at least $20.&nbsp;
<blockquote>
 What’s better than 10,000 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a>? 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 &amp; participate in the draw: <a href="https://t.co/LwK9AZ9cMv" rel="noopener noreferrer nofollow">https://t.co/LwK9AZ9cMv</a> <a href="https://t.co/tsfnnDIG6M" rel="noopener noreferrer nofollow">pic.twitter.com/tsfnnDIG6M</a>
 — Uphold (@UpholdInc) <a href="https://twitter.com/UpholdInc/status/1717261296373002614?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 25, 2023</a>
</blockquote>
According to the exchange, the offer is only available to residents of the US, excluding Florida and New York, and to users who have “successfully verified their identity (IDV) and completed certain Uphold “know your customer” procedures.”&nbsp;
Uphold employees and its “affiliates (collectively, “Uphold”), its agencies and members of their respective immediate families and/or person with whom any of the foregoing are domiciled” may not participate in the giveaway.&nbsp;
<h2 id="ripple-and-uphold-partner-to-offer-cross-border-payments">Ripple and Uphold Partner to Offer Cross-Border Payments</h2>
At the beginning of the month, Uphold planned to give away only <a href="https://uphold.com/blog/company-news/10k-xrp-prize-draw" rel="noopener noreferrer nofollow">10,000 XRP</a> to one lucky user but has since doubled its reward.&nbsp;
The giveaway’s doubling comes about a day after Uphold and Ripple joined forces to “Enhance underlying crypto liquidity infrastructure.”
Earlier this week, Ripple announced the news via a <a href="https://ripple.com/ripple-press/ripple-forges-new-partnership-with-uphold-to-enhance-underlying-crypto-liquidity-infrastructure/" rel="noopener noreferrer nofollow">blog post</a> stating:
<blockquote>
 BIG NEWS: <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Ripple</a> Forges New Partnership with Uphold to Enhance Underlying Crypto Liquidity Infrastructure<a href="https://t.co/1gJh95KDTQ" rel="noopener noreferrer nofollow">https://t.co/1gJh95KDTQ</a> <a href="https://t.co/FLSDQxO0co" rel="noopener noreferrer nofollow">pic.twitter.com/FLSDQxO0co</a>
 — Uphold (@UpholdInc) <a href="https://twitter.com/UpholdInc/status/1716844923645820998?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 24, 2023</a>
</blockquote>
<blockquote>
 “The partnership will see Uphold provide Ripple with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.”&nbsp;
</blockquote>
Ripple’s Head of Payments Product, Pegah Soltani, commented on the partnership and explained how it would benefit cross-border payments:
<blockquote>
 “Our new partnership with Uphold enables us to enhance our underlying infrastructure, and Uphold’s deep liquidity expertise further underpins Ripple’s ability to offer fast and flexible cross-border payments around the world. We see this as the start of our relationship and are excited about what the future holds.”&nbsp;
</blockquote>
<h2 id="xrp-rides-highs-on-the-back-of-recent-courtroom-victories">XRP Rides Highs on the Back of Recent Courtroom Victories</h2>
XRP has witnessed a significant increase in price following a recent courtroom win. The SEC announced last week that it <a href="https://cryptodaily.co.uk/2023/10/sec-finally-drops-lawsuit-against-ripple-executives-with-all-charges-dismissed" rel="noopener noreferrer nofollow">dropped all lawsuits</a> and dismissed all charges against Ripple CEO Brad Garlinghouse and Executive Chairman and co-founder Chris Larsen. Ripple received another win when it received a <a href="https://cryptodaily.co.uk/2023/10/ripple-receives-digital-payments-license-in-singapore" rel="noopener noreferrer nofollow">Digital Payments License</a> in Singapore.&nbsp;
XRP currently trades at <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">$0.54</a>.
XRP, Bitcoin (BTC) and the entire altmarket have had a <a href="https://cryptodaily.co.uk/2023/10/ripple-xrp-cardano-ada-solana-sol-price-shake-up-whats-coming-next" rel="noopener noreferrer nofollow">bullish</a> few days as market sentiment becomes positive in the hopes of a <a href="https://cryptodaily.co.uk/2023/10/us-court-orders-sec-to-review-grayscales-spot-bitcoin-etf" rel="noopener noreferrer nofollow">US Spot BTC ETF</a>.&nbsp;
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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