SAN FRANCISCO, March 28, 2018 /PRNewswire/ -- Uphold Inc., the global digital money platform, announced today that Uphold is the first and only platform to make XRP generally accessible in the United States. The third most valuable cryptocurrency with a value of over $22 billion, XRP is now available for Uphold consumers to buy and sell. Uphold members, who already have access to the widest range of crypto and traditional currencies, can now add this popular virtual currency to their portfolio.
"There has been huge demand for XRP and Uphold is one of the first platforms to make XRP easily accessible," said Adrian Steckel, Uphold's CEO. "Uphold was first with Bitcoin Cash and Bitcoin Gold, and we are again responding to interest from our members in establishing a first with XRP."
Starting today, Uphold members can purchase XRP, with zero fees, for the first five million XRP purchased. They will be able to trade XRP across seven different cryptocurrencies, 23 fiat currencies, and four precious metals. In the coming weeks, the Uphold platform will also connect to the XRP ledger to enable deposits and withdrawals of XRP. Uphold members have been requesting availability of XRP for some time. In a recent poll, over 12,000 Twitter followers voted for XRP support ahead of all other cryptocurrencies.
"The XRP ecosystem is diversifying and growing rapidly," said Miguel Vias, head of XRP markets at Ripple. "The listing of XRP on Uphold, a strong retail platform that offers customers easy access to digital assets, underscores the significant increase in demand for XRP."
XRP is now available across the 184 countries which have access to Uphold's consumer-friendly wallet with industry-leading security. Via its API integrations, the Uphold platform also powers cryptocurrency payroll services, AI-powered robo-trading, gold trading, and browser-based advertising payments. Integration partners include: Brave, Heleum, AUsecure and Bitwage among others.
About Uphold Inc.
Uphold Inc. is the creator of an open, trusted and transparent digital money platform that lets you instantly and safely access traditional currencies, cryptocurrencies, and other investments all in one place. Uphold has powered more than $3 billion in transactions across 184 countries, in more than 30 supported currencies and four commodities. The Uphold platform provides access to the widest range of currencies and investments available in one place, with unparalleled transparency and security. Uphold is the only company to publish real-time reserve holdings, guaranteeing that its members are provided with the necessary information to make informed decisions. Uphold has global operations in Braga, London, Los Angeles, Mexico City, and San Francisco. More information can be found at www.uphold.com, or follow us on Twitter, Facebook and LinkedIn.
Media contact for Uphold
Mobile: +1 415 483 0840
SOURCE Uphold Inc.