Uphold Expands Range Of Crypto Assets
Uphold has added 4 new staking assets (Fantom, Harmony, Celer, SKALE) and now has 7 crypto networks (DOGE, ADA, HBAR, DOT, XDC, SOL, XLM). The latest additions mean new opportunities for budding crypto investors.
Staking Assets
The new staking assets join the likes of Ethereum, Polkadot and Cardano and provide owners of crypto tokens with a means of generating passive income.
- Fantom (FTM) – 3% estimated APY
- Harmony (ONE) – 8% estimated APY
- SKALE (SKL) – 7% estimated APY
- Celer (CELR) – 1.5% estimated APY
27 crypto staking assets are now available on the Uphold platform.
To get started, investors need to register for an account through the Uphold website or mobile app and navigate to the staking service. Next, choose an asset and decide how much you want to stake (minimums apply). Now simply wait for the weekly rewards to be paid into your Uphold account.
XLM Moves To Tier 3
Uphold has also made Stellar a Tier 3 asset, allowing users to make deposits and withdrawals to and from the XLM network. This followed requests from customers and will be welcome news by many users.
Uphold has added 7 cryptocurrency networks in the previous 6 months (DOGE, ADA, HBAR, DOT, XDC, SOL and now XLM), bringing the total available to 14.
About Uphold
Uphold is a digital asset platform with 10+ million customers in 150+ countries. The firm has facilitated $4+ billion in transactions since it launched in 2015 with 210+ fiat and cryptocurrencies available.
The crypto asset firm is regulated by the United States Treasury Department regulator (FinCEN) and is registered with the UK Financial Conduct Authority (FCA).
As well as access to a long list of cryptocurrencies and stablecoins, Uphold offers 35+ forex pairs, 50+ US stocks, and a handful of precious metals.
Additionally, the broker-dealer provides environmental assets, allowing users to put money into carbon credit tokens to support projects helping rainforests.
Uphold’s products are services are available through a hassle-free web platform or a downloadable mobile app. Users can buy and sell digital currencies, monitor the crypto markets, and execute trades in a few clicks.
Get started with Uphold using the link below and explore the firm’s new staking assets and crypto networks.
