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Uphold supports XRP Ledger, Coinbase loses customers!

Anirudh VK

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Uphold supports XRP Ledger, Coinbase loses customers!
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Uphold recently announced full support for the XRP Ledger. Traders on the Uphold exchange platform can move XRP to their wallets from the exchange after exchanging it with fiat currencies.

This move is part of Uphold’s strategy to make XRP generally accessible to the general public in the United States. It offers over 1500 pairings with XRP. Uphold was one of the first retail platforms to provide instant access to XRP back in March. There are a total of 9 different ways to access XRP on Uphold, including bank transfer, debit or credit cards.

Uphold is now able to issue actual XRP wallet addresses, which allows for more use among investors. CRO of Uphold, Robin O’Connell said:

“This is an important milestone for Uphold and our members. We were the first to make XRP easily available in the U.S., expanding our offering to include full connectivity to the XRP ledger was the clear next step.”

Twitter users were all praises for Uphold’s quick verification process and support for transfer to cold wallets. User zapster.io said:

“Wow, you weren’t kidding about the verification time. I think I timed this at two minutes. Will make my first purchase of $XRP through you now to compare it my normal process.”

User Corey M Winkler said:



“I just made my first purchase, never going back to coinbase again. Uphold the future of XRP purchases for me 100%.”

Crypto-enthusiast Calvin Schultz said:

“XRP Friends, please meet @UpholdInc Was validated as a user in under 24 hours, use USD to make purchase of XRP, and tested successfully sending XRP to a cold wallet. This will now be my goto for XRP accumulation! Spread the good news!”

User Sekundar said:

“I will have literally no reason to use @Coinbase anymore for my $XRP purchases. @Uphold, thank you for listening to your customers.”





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Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and interest towards the future of blockchain technology and cryptocurrencies. He does not own any cryptocurrencies currently.

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2 Comments

2 Comments

  1. Avatar

    Rudy

    May 26, 2018 at 1:48 AM

    I have been using coinbase for a long time and have been waiting for them to list XRP which is my favorite cryptocurrency. I Uphold, I no longer have to take the long way around to buy XRP. Buh bye Coinbase, Hello Uphold!

  2. Avatar

    Chris Green

    May 26, 2018 at 10:37 PM

    I started using Uphold three months ago. Then I got locked out of my account for 6 days and they wouldn’t return my daily inquiries. I finally had to contact an exec via Linkdin to get past their horrible customer service and get my account reopened. Promptly withdrew the $700+ in assets. Good Luck getting debit/credit card transactions done with them as well.

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





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