SBI Launches Midsummer XRP Festival: Your Chance to Win Big!

Japan’s renowned financial institution, SBI, has taken the crypto world by storm with its latest initiatives in XRP trading.

SBI has been actively working on elevating XRP’s presence in the Japanese crypto market through their captivating “Midsummer XRP Festival.” This groundbreaking campaign is a joint venture between SBI VC Trade and SBI FX Trade.

Read all about it here.

Spot Transaction Campaign: What is it?

In a bid to entice individual customers, SBI’s Spot Transaction Campaign offers participants the opportunity to win XRP gifts. To be eligible, customers must engage in XRP spot trading at SBI VC Trade sales offices during the campaign period, which runs from July 14 to August 1, 2023.

The influential pro-XRP figure, Crypto Eri, was quick to share the exciting news with her followers on Twitter.

Lucky participants will receive an XRP equivalent to 0.5% of their total contract price, with a generous cap of 1 million yen. The awarded XRP will be credited to the winners’ SBI VC Trade accounts by the end of August 2023.

A Chance to Win 100 XRP!

SBI’s second exciting initiative, the Leverage Trading Campaign, presents individual customers with the opportunity to win 100 XRP each.

Through a lottery draw, 50 fortunate recipients will be selected. To qualify for this enticing opportunity, participants must actively engage in leveraged trading of XRP on SBI VC Trade between July 14 and August 1, 2023. Similar to the spot transaction campaign, the awarded XRP will be added to the winners’ SBI VC Trade accounts by the end of August 2023.

Crypto Eri also revealed SBI’s strategic decision to promote XRP on its FX trading platform. The financial institution recently introduced crypto CFD (Contract for Difference) trading on its platform, featuring XRP trading pairs. Now, users can trade XRP against both the Japanese Yen (JPY) and the United States Dollar (USD).

Cashback Campaign In Place

In their quest to further incentivize XRP transactions, SBI launched a cashback campaign for users trading XRP/JPY and XRP/USD pairs. Participants in this campaign have the chance to receive attractive gifts, with a staggering potential reward of up to 1 million yen.

Also Read: Just In: Bitrue Users Hold XRP Holdings Worth Whopping $800M!

This exciting cashback campaign will remain active from July 14 to August 1, 2023. It is essential to note that SBI customers must engage in XRP transactions equivalent to one million yen or more to qualify for this lucrative opportunity.

Remember, the clock is ticking! Is this an opportunity you want to get onboard with?