The popular Defend The digital currency platform with more than 1.7 million customers worldwide has announced the addition of three new cryptocurrencies to its trading platform. Uphold is a multi-purpose platform used by businesses to pay people around the world or to accept customer payments in cryptocurrencies and automatically convert them to local currencies. It is also a popular trading platform for buying, selling, holding, or sending cryptocurrencies.
As of September 30, 2021, there are three new additions to the Maintain the exchange. Casper (CSPR), Terra (LUNA), and THORChain (RUNE) are added and designated as level 4 assets. Level 4 is digital assets that users can buy, hold, sell, and send.
We’ll take a closer look at the three cryptocurrencies Uphold has added to its platform. These new digital assets will be available in the United States and other regions. Uphold is for except UK and Europe.
1. Terra (LUNA)
It is the most popular of the three newly added digital assets. Terra (LUNA) is a decentralized financial infrastructure and blockchain protocol that introduces unique concepts and theories to the market. The network relies on a native token, stablecoin protocol, an oracle system, and smart contracts to bring users programmable money for the internet. project offers several stablecoin options that allow instant settlement. To accomplish this task, Terra relies on a price stability algorithm that actively changes the money supply of an asset to maintain its value. In this way, Terra can offer users lower fees, more stability, transparent cross-border trading, and highly responsive financial assets.
To learn more, visit our Investing in Terra guide or our How to Buy Terra guide.
2. THOR chain (RUNE)
THORChain (RUNE) is an independent blockchain, cryptocurrency, and decentralized inter-chain exchange (DEX). The platform combines a variety of proprietary protocols to accomplish these functions. Notably, the ThorChain development team created the Platform with the aim of fueling the next generation of decentralized inter-chain exchanges.
THORChain attempts to tackle one of the biggest issues facing crypto investors today, compartmentalization. There are so many independent blockchains in operation today. Unfortunately, these networks function like islands in that most have no way of communicating data or value between networks.
To learn more, visit our Investing in THORChain guide or our How to Buy THORChain guide.
3. Casper (CSPR)
Casper (CSPR) is a decentralized blockchain ecosystem geared towards adoption by businesses and developers. The network combines a host of unique features, including custom blockchain, cryptocurrency, and advanced development tools. Together, these features and services enable developers to create more immersive and robust Dapps.
To learn more, visit our Investing in Casper guide or our How to Buy Casper guide.
Buy and sell on hold
Uphold is an extremely unique desktop and mobile app platform that allows you to easily trade cryptocurrencies, metals, stocks, and other assets. The company was founded in 2014 and is based in the United States. Readers who want to know more should read our Uphold Review or visit Support.
Observe the disclaimer: The assets available on Uphold depend on the region. All investments and transactions are risky and may result in loss of capital. Cryptoassets are largely unregulated and therefore unprotected.