Binance Dangles One Million XRP in Four-Week Campaign for RLUSD Holders

Binance has launched a new campaign offering one million XRP tokens as rewards to holders of Ripple USD (RLUSD) on its platform. To qualify, users must hold at least 0.01 RLUSD and maintain an average daily derivatives trading volume of $500.

The rewards will be distributed in four weekly installments starting August 21 through September 11. This campaign follows a previous one that ended on August 14 with a smaller reward pool.

Binance applies specific rules for borrowed RLUSD and excludes users from certain countries such as the U.S. and Europe due to regulatory restrictions.