The Stacks Foundation is thrilled to announce its partnership with Uphold, the versatile money platform, to promote the widespread use of Bitcoin and Stacks. Uphold users can now easily trade native STX and move their STX between their external Stacks-compatible wallets and their Uphold account.
Uphold isn’t the typical crypto exchange, it offers ‘Anything-to-Anything’ trading, allowing users to trade between various asset classes such as cryptocurrencies, commodities, and equities.
Operating in over 184 countries and supporting 250+ traditional currencies, cryptocurrencies, and commodities, Uphold brings nearly a decade of experience with over $4 billion in transactions. Uphold is transparent, with its platform always being 100%+ reserved, and it publishes its assets and liabilities in real-time.
With Bitcoin Layer 2s, led by Stacks, Bitcoin is evolving beyond just a store of value. These Layer 2s are unlocking Bitcoin’s potential as a fully programmable, productive asset, allowing applications to be built on Bitcoin.
Stack’s upcoming 2024 Nakamoto and sBTC releases will offer faster speeds and transactions backed by 100% Bitcoin finality, improving the user and developer experience.
Partnerships like this with Uphold signal the growing appetite for digital assets, including Bitcoin Layer 2s like Stacks, and the Stacks Foundation is excited to be a part of it.
The partnership between the Stacks Foundation and Uphold brings exciting benefits for users. With Uphold’s ‘Anything-to-Anything’ trading platform, users gain easy access to trade Stacks (STX) alongside various assets like cryptocurrencies, commodities, and equities. This means more flexibility and convenience in managing their investments.
Additionally, Uphold’s transparency and reliability ensure users can trust their transactions. With Stacks’ upcoming releases improving speed and reliability, users can expect smoother experiences when trading and moving their STX tokens. Overall, this partnership expands options and enhances user experiences in the digital asset space.
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