Kaspa added to the global multi-asset digital trading platform.
Disclaimer: At launch, Kaspa coin will be classified as a “Tier 4” asset on the Uphold platform. This categorization means that users will not be permitted to withdraw these coins to cold storage. However, users can still purchase, sell, hold, trade, swap, and transfer coins to others on platform, while the custody is maintained through their trusted third party platforms and cold wallets.
The decision to integrate further with the Kaspa Network will depend on the coin’s performance and user interest. Uphold regularly reviews integration roadmap every quarter, and anticipate that Kaspa will be included in the near future.
Please note that Uphold maintains full transparency with respect to their liability reserves, which are updated every second, and also the status of the Tier 3 and Tier 4 listings. For more information, you can visit the transparency page at https://uphold.com/en-gb/transparency.
Uphold, a prominent multi-asset platform merging the capabilities of cryptocurrency, forex trading, and online brokerage, announced the inclusion of Kaspa among its many offerings today, May 11th, 2023. This development is a testament to Uphold’s unwavering dedication to providing its users with safe, trustworthy, and user-friendly access to a diverse range of more than 200 digital and fiat currencies, precious metals, and stock trading in select regions outside the U.S. and Europe.
Uphold’s platform is celebrated for its extensive cryptocurrency roster, quick account setup complemented by low minimum deposit requirements, and intuitive user interface. With the listing of KAS, Uphold not only broadens the scope of the Kaspa ecosystem but also aims to increase its user base, offering more avenues for individuals and institutions to participate in the dynamic world of digital asset trading.
Security is paramount at Uphold. The platform utilizes advanced encryption and multi-layered defense mechanisms to thwart potential threats and maintains round-the-clock monitoring of its systems. Uphold’s commitment to a secure trading environment extends to regular audits and penetration tests, constantly striving to refine its services. With the listing of Kaspa, Uphold continues to reinforce its security protocols while growing its digital asset offerings.
Integrating Kaspa into Uphold’s diverse and comprehensive platform signifies a noteworthy achievement for the cryptocurrency sector. As Uphold persistently expands its offerings and enhances its services, users can look forward to increasing trading and investment opportunities in the rapidly evolving domain of cryptocurrencies and digital assets. Furthermore, Kaspa’s listing on Uphold catalyzes the expansion of the vibrant Kaspa ecosystem.
Tip: Uphold offers a diverse trading experience for KAS that goes beyond traditional trading pairs, enabling you to trade KAS with virtually anything, including silver!