Huobi Global Will Support SGB Airdrop Program for XRP Holders

 Latest News    |      2021-10-29

Dear Valued Users,

Huobi Global will support the Songbird (SGB) airdrop program for XRP holders. Based on the Snapshots taken at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 (UTC) on Dec 12, 2020, the amount of SGB airdrop for each XRP holder will be calculated at a ratio of 1 XRP: 0.1511 SGB.

About Snapshot: 

  • Snapshot Time: The first validated XRP ledger with a timestamp greater than or equal to 00:00 (UTC) on Dec 12, 2020.
  • Snapshot Scope: Snapshots will cover XRP balances in Exchange accounts, Margin accounts (excluding borrowed XRP amount and margin interests), Coin-margined Swaps accounts, Coin-margined Futures accounts, Fiat accounts, and Pool accounts. 
  • XRP balances in sub-accounts will all be credited to those in parent accounts for calculation.
  • XRP tokens in a state of pending deposit/withdrawal at the snapshot time will not be counted toward the calculation.

About Airdrops:

  • Less than 10 XRP (including pending orders) snapshotted in accounts will be excluded from the airdrop program.
  • Huobi Global will distribute SGB tokens to users' Exchange accounts promptly after receiving airdropped tokens based on the snapshot amount and distribution ratio. A further notice will be released once distribution for XRP holders is completed.  

Please Note:

  • Huobi Global has a standardized listing process. Whether to open the trading for SGB is subject to Huobi's follow-up plans and announcements.
  • Please be wary of false propaganda and screen out fraudulent sales carefully. All information related to Huobi must be sought from our official announcements, emails, text messages, and app push notifications to avoid asset losses. In addition, to prevent any frauds in the disguise of Huobi Global, an official verification channel is offered (https://www.huobi.com/en-us/verification/) for you to check the phone number, Facebook, and website, etc. you receive.

Thank you for your support!

Huobi Global

October 29, 2021

 

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Huobi Global reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.