Uphold wallet adds Bitcoin support for self-custody! ๐Ÿš€๐Ÿ”’

Uphold wallet adds Bitcoin support for self-custody! ๐Ÿš€๐Ÿ”’


Welcome to Uphold: Safeguard Your Bitcoin with Vault

Uphold, the global web3 financial platform, has exciting news for you. Now, you can deposit your bitcoin into Vault! Vault is an assisted self-custody wallet that simplifies the process of securing digital assets. This recent addition of bitcoin support expands Vaultโ€™s capabilities, transforming it into a multi-chain assisted self-custody wallet.

Enhanced Security with Vault

  • Access ultimate security with self-custody for your bitcoin holdings
  • Enjoy the convenience of Upholdโ€™s centralized trading venue at your fingertips
  • Generate new keys easily if needed, reducing the risk of fund loss

A Solution to Key Management Challenges

Managing bitcoin keys and wallets can be a daunting task for many users. As bitcoin ownership grows, the demand for enhanced security and trading convenience becomes more pronounced. Vault offers a user-friendly self-custody solution that is independent of the Uphold appโ€™s availability. Additionally, it provides a key generation service to prevent asset loss due to key misplacement or compromise.

Bitcoinโ€™s Growing Popularity

  • The launch of bitcoin ETFs and the recent surge in bitcoin value have attracted new users to the crypto space
  • Many mainstream holders are increasing their bitcoin holdings
  • All assets, including bitcoin, deserve the security of self-custody

Expanding Asset Support

Currently, Vault supports XRP and BTC. In the future, it will add more XRPL based assets and L1 chains like XLM and XDC to its roster throughout 2024.

About Uphold

Uphold, recognized as the Best Crypto Exchange in the UK by Forbes Advisor, is dedicated to simplifying web3 for users worldwide. Serving millions of customers in over 140 countries, Uphold offers easy access to digital assets and services. With its unique โ€œAnything to Anythingโ€ interface, users can seamlessly interact with various digital assets, national currencies, and precious metals.

  • Smart order routing across 30 trading venues ensures optimal execution and superior liquidity
  • Uphold maintains a 100% reserve policy and does not loan out customer assets
  • The company practices radical transparency by publishing its assets and liabilities every 30 seconds on a public website

Connect with Uphold

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Hot Take: Secure Your Bitcoin Holdings with Vault

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Ensure the safety of your bitcoin investments with Vaultโ€™s self-custody solution offered by Uphold. Experience enhanced security, user-friendly key management, and the convenience of a centralized trading venue at your fingertips. Embrace the future of secure and accessible digital asset management with Upholdโ€™s Vault.

Author – Contributor at | Website

Bernard Nicolai emerges as a beacon of wisdom, seamlessly harmonizing the roles of crypto analyst, dedicated researcher, and editorial virtuoso. Within the labyrinth of digital assets, Bernard’s insights echo like a resonant chord, touching the minds of seekers with diverse curiosities. His talent for deciphering the most intricate strands of crypto intricacies seamlessly aligns with his editorial finesse, transforming complexity into a captivating narrative of comprehension.