Uphold New Finance Basket for XDC.
Uphold, a well-known American trading platform, has unveiled a new crypto investment basket featuring XDC and other financial-based tokens.
Uphold, a well-known American trading platform, has unveiled a new crypto investment basket featuring XDC and other financial-based tokens.
In a recent post on X, Uphold announced a new finance basket on its platform featuring cryptocurrencies like XDC that are shaping the future of crypto finance along with XRP, XLM, HBAR, CSPR, and $ADS.
Uphold Baskets equips users with a one-click function for crypto portfolio diversification. The basket contains carefully selected crypto assets. Uphold believes that this basket investment process mitigates risks and improves users’ potential for returns.
Uphold’s selection of XDC for its Finance Basket highlights the growing recognition of the XDC Network’s role in shaping the future of crypto finance. Several factors further evidence this adoption:
- XDC Network is one of the top four networks supported by Securitize since 2023 as per press release, a leader in digital securities in the U.S. that partnered with Blackrock to tokenize the U.S. Treasury on Ethereum.
- Vinter’s partnership with XDC brings XDC Network’s institutional partners a regulated index to develop their investment products. Asset managers will be able to create financial products tracking Vinter indexes.
- In association with Japan’s SBI Group, XDC Network has established SBI XDC Network APAC to deploy XDC Network’s innovative solutions. This venture will enhance XDC Network’s presence in the APAC market and broaden the adoption of blockchain technology in global trade finance, Tokenization, RWA, and DePIN.
Uphold Baskets are bundles of different cryptocurrencies chosen by experts to help users invest in a variety of coins. This makes it easier for both beginners and experienced investors to spread their money across the crypto market, potentially reducing risk and increasing gains.
Other baskets the exchange offered at the February launch include crypto assets under the Future Blockchains and Infrastructure sectors. For infrastructural crypto tokens, Uphold added Chainlink (LINK), Ethereum (ETH), Quant (QNT), Cosmos (ATOM), Avalanche (AVAX), and Polkadot (DOT).
On the other hand, Solana (SOL), Kaspa (KAS), Aleph Zero (AZERO), Constellation (DAG), and Near (NEAR) are featured in the “Future Blockchains” basket.
Uphold has emphasized that its expert research team vetted the tokens in each basket. Notably, this simplified crypto portfolio diversification service is open to all Uphold users except those in restricted regions. Anyone can get started with signup on their website or download their mobile app.
Uphold offers crypto debit cards that can provide an easy way to spend crypto, anywhere you use a debit card. It offers UK-based Mastercard debit card supporting topup with XDC and other major tokens. Their debit card is made to be easily available and adaptable.
Users may enjoy traveling abroad without worrying about unforeseen charges thanks to advantageous foreign exchange rates and the absence of foreign transaction fees. Additionally, consumers can integrate their Uphold crypto debit card with Apple Pay and Google Pay to further protect their payment procedures. 2.50 GBP fee for national ATM withdrawals and 3.50 GBP for foreign withdrawals.
Uphold is a strong contender in the crypto trading space, constantly innovating with such features to give users a smooth experience is a testament to the Fortune’s 2023 report of best cryptocurrency platform along with Crypto.com, Coinbase, Binance.
