Uphold Adds Bitcoin Support to Self-Custody Wallet

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Cryptocurrency News

Uphold,Bitcoin,Self-Custody Wallet

Uphold, a digital wallet provider, has announced the addition of Bitcoin support to its self-custody wallet. The company aims to address the challenges faced by users in managing their Bitcoin keys and wallets while ensuring enhanced security and trading convenience.

After launching a self-custody wallet at the end of last year, Uphold is now adding Bitcoin support, the company said in a statement.wallets,” said Uphold CEO Simon McLoughlin in a press statement. “As bitcoin ownership expands, the need for enhanced security combined with trading convenience becomes ever-more apparent."

When Uphold announced the new wallet, Vault, it initially supported the XRP token. At the time of the launch, the company said it was first offering the wallet in beta, with a full rollout slated for sometime during the early part of this year. Launched in 2015, Uphold serves over 10 million customers in more than 140 countries, according to the company.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures.

 

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