eToro makes FLARE tokens available as close positions
Online broker eToro confirms that, as of today, FLARE tokens will be made available as CLOSE positions.
The broker warns that there could be tax implications from closing positions. Please contact your tax advisor for more information.
It is important to note that if you close your FLARE token position, you will not be eligible to receive any further tokens, according to the policies of the Flare Network.
Regarding the remaining distribution, eToro explains that the Flare Network plans to distribute the tokens on a periodic basis, over 36 months, as stated in their plan.
There is no certainty that the tokens will be distributed by Flare Network in a timely manner, or that no further changes will be made regarding the way in which the distribution is executed. eToro aims to support the future distribution of the remaining Flare tokens, although is unable to commit at this time.
Any future supported token distribution will be subject to a service fee, to be updated on eToro’s Fees Page.
FLARE is an airdropped token that may pose a higher than normal risk, and as such may be subject to high price volatility.