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Ended US-eligible

Coinbase Flare (FLR) Distribution

Coinbase's handling of the Flare (FLR) distribution to XRP holders is a good example of how exchange-supported airdrops work.

Last checked: 2026-10-11 · exchange distribution

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Eligibility

US eligibility

Distributed to eligible XRP holders on Coinbase

Requirements

KYC: Yes · Wallet: custodial (Coinbase account)

How to claim

  1. Hold the eligible token on the exchange at snapshot
  2. Wait for the exchange to distribute
  3. Receive the token

Estimated value

case-by-case — example of exchange-supported distribution

Risks

  • Eligibility is determined by the exchange and project
  • Not all airdrops are supported
Where to hold / get the tokens

This program runs on Coinbase. See our full review for fees, security, and how it fits.

FAQ

What is an exchange-supported distribution?

When a project airdrops tokens, an exchange may distribute them to eligible holders on its platform, as Coinbase did with FLR.

Sources

Read before you claim
  • Not guaranteed, not investment advice. Airdrops are not guaranteed — a project can cancel, change, or fail to deliver, and rewards can be worth less than expected. This page is for education only and is not financial, investment, legal, or tax advice.
  • Eligibility. Most crypto airdrops exclude US persons. Eligibility shown is as reported at the last-checked date — always confirm in the project's own terms. Do not use a VPN to evade geographic restrictions.
  • Taxes. In the US, airdropped/rewarded crypto is generally ordinary income at its fair market value when received; selling later is a separate taxable event (IRS FAQ Q&A 22-24). Keep records.
  • Scam safety. A real airdrop never asks you to send crypto or share a seed phrase. Never pay to claim. Verify every claim page against the project's official domain.
  • Affiliate disclosure. Some links are referral links; we may earn a commission at no cost to you. Value estimates are not guarantees.