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Why did I get Flare in my Coinbase wallet?

avatarBrad SakevichDec 19, 2021 · 3 years ago3 answers

I recently noticed that I received Flare in my Coinbase wallet. Can someone explain why I received it and what it is used for?

Why did I get Flare in my Coinbase wallet?
Coinbase
Flare
Cryptocurrency

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Flare is a new cryptocurrency that aims to bring smart contract functionality to the XRP Ledger. It was distributed to eligible Coinbase users as part of a snapshot taken on December 12, 2020. Flare can be used for various purposes, such as decentralized finance (DeFi) applications and smart contracts.
  • avatarDec 19, 2021 · 3 years ago
    Congrats on receiving Flare in your Coinbase wallet! Flare is a new token that aims to enhance the XRP ecosystem by enabling smart contracts. It was distributed to Coinbase users who held XRP in their wallets during the snapshot. You can explore various DeFi projects and participate in the Flare network using your Flare tokens.
  • avatarDec 19, 2021 · 3 years ago
    Flare in your Coinbase wallet? That's awesome! Flare is a hot topic in the crypto world right now. It's a new token that aims to bring smart contracts to the XRP Ledger. It was distributed to eligible Coinbase users based on their XRP holdings. With Flare, you can explore exciting DeFi projects and participate in the growing ecosystem. Enjoy your Flare tokens!

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