Cardano Now Fully Integrated For Over 1.7 Million Uphold Users — What This Means For ADA

Cardano Now Fully Integrated For Over 1.7 Million Uphold Users — What This Means For ADA
фото показано с : zycrypto.com

2022-8-5 16:52

Uphold announced integration with Cardano after months in the making.The move will allow Cardano users to interact with ADA on the platform in diverse ways.Cardano and Uphold will work together on a webinar to onboard new crypto users into the space.

Uphold, a digital money platform with over 1.7 million users has announced the integration of Cardano to give users the option of depositing and staking ADA on the platform.

Welcome Cardano

Uphold’s team sent a buzz through its community with the announcement that Cardano was now fully live on the platform. The trading platform revealed this via its blog and offered a host of features for Cardano enthusiasts.

“We’re proud to announce that, starting today, all Uphold wallets are fully compatible with the Cardano blockchain, and we’re excited about the opportunity to further support this community,” read the blog post.

Holders of Cardano’s native token, ADA, now have the option to stake their holdings on the platform to receive 4% APY. Furthermore, users can purchase ADA via Uphold using one of the available funding options like debit or credit cards. ADA bought on Uphold can be transferred to external Cardano wallets once the transaction is completed.

Deposits from external wallets are possible, and Uphold’s team attempts to push the frontiers by introducing the option of converting ADA to local currencies with bank withdrawals.

The team revealed that the ADA deposit process is a reasonably straightforward process designed for ease of use. Simply click the ‘Transact’ button, and choose Cardano from the options of ‘Crypto networks’, copy the QR code or the receiving address, and send the funds.

Staking ADA on Uphold

Users can get 4% APY on Uphold on Cardano by following an intuitive and seamless process to stake their ADA. With the push of a few buttons, a novice or a seasoned veteran can start staking ADA. In the coming days, Uphold and Cardano will collaborate on a webinar to drum up support for the increased adoption of Web 3.

Users have hailed the move to introduce staking as it discards the need for a minimum balance. Staking ADA has gained traction in recent months, with data from Staking Rewards showing that ADA is the third most staked cryptocurrency asset with $12.28 billion worth of ADA staked. 

Only Ethereum (ETH) and Solana (SOL) rank higher than ADA on the list, with staked values of $20.93 billion and $15.31 billion respectively.

Uphold announced that in the coming days, it will unveil new full integrations of more blockchains on the platform. Presently, 200 cryptocurrencies can be traded on Uphold, with U.S. equities and precious metals available to the platform’s customers. 

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cardano (ADA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.576
Капитализация $0 Rank 99999
Цена в час новости $ 0.5114 (-100%)

users platform cardano uphold million ada integration

Источник: zycrypto.com

users platform → Результатов: 126


Explorio ICO

Explorio is a decentralized travel reviews platform that rewards its users for contributing and curating high-quality travel content. Travelers contribute content similarly as on other platforms. However, our content will be much more in-depth since we reward our contributors, allowing them to spend extra time perfecting each individual review.

2018-7-9 15:49


Liquid8 ICO

Liquid8 is a blockchain-based peer-to-peer multi-functional platform that aims to revolutionize the digital economy, by bridging the gap between real-world assets and the emerging digital economy. Liquid8 will introduce a peer-to-peer digital services platform, where owners of real-world assets: traditional assets and alternative assets, are able to “tokenize” their asset, allowing the asset to be represented by digital tokens within the blockchain ecosystem.

2018-7-9 15:47


Tokenizing Trading Fees With Mining Mechanism – Is It Good or Bad for Exchange Platform Users?

ABCC is another exchange trying to reward users with AT and ToM. Today we are going to discover how bitcoin-like mechanism and a principle of fixed number of tokens generated via half-life cycle with Simultaneous Release differentiate the new approach from others While some want to lower the exchange fee, the others reward traders.

2018-7-9 15:04


Leading Payments Solution Provider UTRUST Announces Implementation with Global Blockchain DigiByte

Bitcoin Press Release: Leading payments solution platform UTRUST has announced a technology integration with the most secure, most decentralized, scalable and fastest Blockchain: DigiByte. July 8th, 2018, Zug –  The integration between UTRUST and DigiByte offers users a secure payments solution through which they can safely use multiple cryptocurrencies.

2018-7-8 19:50


How to buy Bitcoin in India after RBI ban

One of the major fall-outs of RBI’s April-5 circular has been the cease of rupee deposit and withdrawal on the country’s biggest digital exchange platform. Zebpay, shortly after urging its users to withdraw money on July 4, issued a statement saying, “we are disabling the rupee deposit and withdrawal options owing to the bank account The post How to buy Bitcoin in India after RBI ban appeared first on ItsBlockchain.

2018-7-8 14:14


VTUUR Token ICO: Blockchain Virtual Reality Mobile Streaming Platform?

At Vtuur ICO, the venture seeks to establish a mobile-based media platform that will change the way we define VR traveling and exploring. The ICO wants to give users the opportunity to allow everyone and anyone to experience the beauty of various tourist places from across the world realistically and conveniently. With the blockchain-based VR […]

2018-7-8 11:10


Hilo.io ICO

Hilo. io is a social platform for crypto traders. The current fragmented landscape makes it hard for people to get into crypto. Our platform acts as a dashboard allowing for users to track friends, manage your portfolio, discover new coins, and catch up on all things crypto.

2018-7-6 01:30


Фото:

Japan’s Module Platform Offers Users the Chance to Earn Cryptocurrency with Their Gadgets

The company has already collected more than $2 million through a private sale of its coins. This is not surprising, as this platform has the potential to turn the cryptocurrency market on its head in several different ways: secure mining, storage of a large amount of data using gadgets around the world, and financing of blockchain through the creation and development of decentralized applications (DApps).

2018-7-5 20:00


Alluma ICO

Alluma envisions to be the first institutional grade cryptocurrency exchange dedicated to emerging markets in Asia. Built on top of a six-layered security architecture and to be operated within a compliance framework developed by an internationally renowned anti-money laundering team, the Alluma platform offers a secure & compliant platform designed to be easy to use for the new retail trader with personalized customer service, while offering powerful tools and deep liquidity for the advanced corporate professional.

2018-7-4 20:23


Фото:

BTCC Relaunch Suggests Exchange Will Create Binance-Style Token

Chinese-owned cryptocurrency exchange BTCC has formally announced the relaunch of its platform while hinting it will launch an internal token. BTCC Token Will Be ‘Fully Convertible’ In a release on July 2, BTCC — which is among the longest-running exchanges both in China and the world — revealed basic details about its token and plans to progressively introduce new trading pairs.

2018-7-2 18:00


Payiza ICO

Payiza is a cryptocurrency exchange and functions as a safe and efficient trading platform for various cryptocurrencies. Our vision with Payiza is to implement the latest advancements in Blockchain technology and lucid software tools to offer a superior user experience backed by an additional layer of security, thus making transactions easier and faster.

2018-7-2 17:20


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Judge orders the U.S. SEC to pay $1.8M in Debt Box case dismissal

Judge dismisses U. S. SEC’s case against Debt Box, orders SEC to pay $1. 8 million in fees. The Ruling cites SEC’s bad faith conduct in obtaining asset freeze order. Debt Box calls the court’s decision a significant victory against regulatory overreach.

Riot Platforms wants to buy Bitfarms for $950 million

Riot Platforms offers $950M to acquire Canadian Bitcoin miner Bitfarms. Bitfarms is facing leadership turmoil amid CEO Geoffrey Morphy’s lawsuit. The merger would create largest publicly listed Bitcoin miner by capacity.

Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch

Notcoin price surges 33. 42%, reaching $0. 006884 after community votes favor it over Bitcoin. New NOT airdrop and earning missions boost user engagement and investment interest. Notcoin (NOT) is currently on its way back to its Binance listing price Notcoin (NOT) price has seen a remarkable surge in its price, climbing by over 33.

Toncoin price: What next for TON as TVL surpasses $300 million?

Toncoin price bounces as total value locked (TVL) on the TON Blockchain surpasses $300 million. DeFiLlama data showed TON Blockchain’s TVL at $315 million, up from $156 million on May 1. Telegram related news and Pantera Capital’s investment have been notable catalysts for Toncoin (TON).

OKX withdraws VASP license application in Hong Kong

OKX withdraws VASP license application in Hong Kong. The exchange will cease trading services by May 31. Users can withdraw funds until August 31. OKX has announced the withdrawal of its Virtual Asset Service Provider (VASP) license application in Hong Kong.

Pepe price hits new all-time high: here’s why it’s soaring

Pepe price hits $0. 0000142 ATH, showcasing its resilience and market prominence. Ethereum’s surge and altcoin rotation among the factors fueling Pepe’s rally. Despite early investor profit-taking, bullish sentiment persists, fueled by whale activity.