PR: Spark (FLR) Token Trading on Giottus at $1

Achal Arya
December 14, 2020
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Giottus

One of the leading and most innovative cryptocurrency exchanges of India, Giottus became the first to distribute Spark (FLR) tokens to their users and open trading for FLR post the completion of Spark airdrop snapshot on 12th December, 2020.

All users who held XRP in their Giottus exchange wallet at the time of snapshot got 20% Spark (FLR) tokens (15% as a part of Flare distribution + 5% additional offer by Giottus). More than 15,000 users have traded on the FLR trading pair subsequently. 

The price of Spark (FLR) token has shown some volatility as expected initially and reached a high of $2.3 – four times the value of XRP. Spark token is now stabilizing in the range of $0.9-$1. 

Giottus exchange received an overwhelming response from India’s crypto community to become the first exchange to list the Spark token. Giottus’ CEO and Co-founder Vikram Subburaj said: 

“There has been an overwhelming response for Spark trading on Giottus. There seems to be a lot of excitement among the community for Spark tokens than we initially thought. We are noticing more momentum being built up and expect the trades to multiply in the upcoming days.”

The Flare Network has not yet launched and the official token distribution is yet to begin. Giottus become the first exchange to credit IOUs before the official distribution. Giottus will credit the remaining Spark (FLR) tokens to user accounts according to the distribution planned by the Flare Network. Giottus will most probably be the only exchange at least for the next few months where you can trade Spark tokens.

Open Giottus and start trading Spark (FLR) tokens today.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.