Uphold’s self-custody wallet Vault, which initially supported only XRP, will now also support Bitcoin (BTC). Users can store, manage, and trade XRP and BTC on a single platform.
“With this, BTC holders can enjoy all the control and convenience provided by Vault’s assisted self-custody solution, including private key replacement and access to live trading,” Uphold said.
The statement added that the platform will soon start support for XRPL tokens and XLM, and more through 2024.
Vault offers multi-sig assisted self-custody wallet service. It means that even if users lose their private key, Uphold can help them regain access to their crypto assets. To move funds from Vault, users need two keys. It ensures users are in complete control, while Uphold’s secure key replacement service provides peace of mind.
Uphold Vault offers strong security for crypto holdings, leveraging Uphold’s trusted and regulated platform. Its user-friendly design makes advanced security accessible even to crypto newcomers.
Uphold is a global web3 financial platform that makes it easy for everyone to invest in and trade cryptocurrencies, fractional shares of US stocks, and precious metals. Uphold is committed to providing a safe and secure platform for users to explore the world of digital assets.
