Cryptocurrency exchange Coinbase has announced that it will be participating in the upcoming Boba airdrop. The airdrop, which is being conducted by the Stellar Development Foundation, is designed to distribute the new digital currency Boba to holders of Stellar Lumens (XLM).
Coinbase will be crediting XLM holders with Boba on a 1:1 basis. In order to be eligible for the airdrop, users must have held a balance of XLM in their Coinbase account on March 20th, 2021, at 00:00 UTC.
NOTE: WARNING: Coinbase is NOT participating in Boba Airdrop. Do not trust any website or social media accounts claiming Coinbase is involved in the airdrop. If you come across any of these sites, please report them to Coinbase Support immediately.
The Boba tokens will be credited to user accounts within two weeks of the snapshot date.
Coinbase is one of the largest and most popular cryptocurrency exchanges in operation today. It is headquartered in San Francisco, California and serves users in over 30 countries around the world.
The exchange offers trading in a wide variety of digital assets, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others.
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As the airdrop nears, questions have been raised as to whether or not Coinbase will support the Sologenic airdrop. While Coinbase has not officially announced their stance, there are a few key pieces of evidence that suggest they may not be supportive. The first is that Coinbase has been historically unsupportive of airdrops.
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