SBI VC Trade, a cryptocurrency exchange under the SBI Group, announced today that it will distribute 50 XRP for free to new users who register for an exchange account between June 1 and September 30.
Key Details of the Promotion
- Eligibility: New users registering on SBI VC Trade during the promotional period.
- Reward: 50 XRP credited to eligible accounts.
- Duration: June 1 – September 30, 2025.
Why XRP?
XRP, the native token of the Ripple network, is known for its:
- Fast transaction speeds (settlements in 3–5 seconds).
- Low fees (fractional costs compared to traditional cross-border payments).
- Adoption by financial institutions for liquidity solutions.
How to Claim the XRP Gift
- Visit SBI VC Trade’s official website.
- Complete the registration process (KYC verification required).
- Receive 50 XRP automatically after approval.
👉 Start trading XRP today and explore its utility in decentralized finance (DeFi)!
Market Context
- Regulatory Clarity: Japan’s progressive stance on crypto regulation makes SBI VC Trade a compliant platform.
- Exchange Competition: Similar promotions are rare, highlighting SBI’s commitment to user growth.
FAQs
1. Is the XRP gift available globally?
No, this offer is exclusive to users registering through SBI VC Trade’s Japanese platform.
2. Are there withdrawal restrictions on the gifted XRP?
Users can withdraw XRP after standard account verification.
3. How does SBI VC Trade benefit from this promotion?
The exchange aims to attract new users and increase liquidity in its XRP trading pairs.
4. What’s the current price trend of XRP?
As of 2025, XRP has shown resilience amid market volatility due to its institutional use cases.
5. Can I trade XRP for other cryptocurrencies?
Yes, SBI VC Trade supports XRP trading pairs with BTC, ETH, and fiat currencies like JPY.
Additional Crypto Updates (Unrelated to Promotion)
- Bitcoin Network: Hash rate surpassed 100 EH/s, signaling miner confidence.
- EOS: Briefly surged 1% in 2 minutes during intraday trading.
- TokenBetter: Reported ETH outperformed BTC with a 24-hour gain of 3.37%.
👉 Discover more crypto opportunities with low fees and high liquidity!
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research before investing in cryptocurrencies.