Ripple Fan or Not, Uphold is Helping Global Remittances with XRP Exchange
New Opportunity For Fast, Live, And Instant Cross-Border Payments With Uphold’s XRP Tokens
With over 30 cryptocurrencies available and 184 countries served, Uphold is well-known in the financial world. The biggest feature of this brand is the straightforward foreign exchange, along with the ability to remit payments across borders at a moment’s notice.
Right now, Uphold offers a platform that promotes payment connectivity, which means that it is helpful on a global scale for the blockchain and crypto world. The goal of the brand is to promote a better financial future, where consumers can have safe transactions that are transparent and fair, while being affordable for the everyday user. Consumers gave the option of using the cryptocurrencies on 30 different platforms.
New XRP Live On Uphold Platform
The announcement for the XRP token exchange was released in March 2018, but the best news has been the lack of fees. This announcement says:
“We are thrilled to announce that starting today, Uphold members have access to buy and sell XRP right from their Uphold wallet. For a limited time and in celebration of this launch, Uphold is offering Zero fees for the first 5M XRP purchased.”
Since Uphold wanted to add Ripple to their exchange services, they put up a poll on Twitter to gauge interest. In the poll, their followers indicated that 51% were in favor of Ripple. The other options included Monero, Stellar, and Cardano.
As one of the biggest platforms in the industry right now, they are still one of the first platforms to make XRP available, which is largely due to the high demand. They are also the first platform with a digital wallet that can quickly exchange crypto for fiat currencies.
Cross-Border Payments Made Easy And Secure
In a blog post from Uphold, they offered information to consumers that want to be able to transfer their own funds without any waiting time. The post said:
“To send money overseas, or make a wire transfer from one country to another can be a real headache. Long turnaround times, increasingly high fees, and hurdles with foreign exchange rates are all a burden to both the sender and receiver of payments. Needless to say, that doesn’t stop the need for quick cross-border payments.
The experts that work with Uphold focus on the needs of the customer, which is why they want to develop a platform and exchange service that is easy for consumers to get what they want. With multiple forms of crypto available, they are the leader of fast, cross-border payments. In a statement, Uphold said:
“If you’re hesitant about using crypto’s as a way to expedite your cross-border payments, traditional, government-issued currency can, of course, be sent through your digital wallet. Like a regular wallet – in which you most likely keep cash in addition to various debit and credit cards – with Uphold, you can hold various forms of payments and currencies, all in one plays.”
Before now, the mere attempt at cross-border payments was extremely costly to the person who initiated it, much like long-distance and international calling. Uphold aims to correct the problem with their technology in a safe and efficient way.
Under this platform, consumers won’t have to worry about the price fluctuations that normally occur, because the transaction is performed in real time, which means there are no potential changes. Furthermore, the currency is able to move across borders quickly and easily.
To Learn More
For consumers that are interest in additional information about Uphold, they can visit https://uphold.com/.