Binance Offers Free XRP Bonanza for Eligible RLUSD Holders

Binance has announced a four-week campaign to distribute $800,000 worth of XRP to eligible Ripple USD (RLUSD) holders. The campaign excludes residents of the United States and its territories.

The distribution will begin on September 24 at 8 p.m. ET (September 25, 00:00 UTC) and end on October 22 at 8 p.m. ET (October 23, 00:00 UTC).

Eligible users will receive rewards across four scheduled distributions: October 2, October 9, October 16, and October 23.

The rewards are calculated using the lowest RLUSD balance recorded in hourly snapshots each day and each holder’s seven-day average qualifying balance. An incremental RLUSD balance increase receives a 1.2x multiplier, while RLUSD subscribed to Simple Earn Flexible Savings receives a 1.1x multiplier. Meeting both conditions produces a 1.3x multiplier on the incremental amount.