The SEC vs Ripple lawsuit has been miserable for XRP holders. One of the most devastating results of this ongoing suit is that most U.S. exchanges have been suspending or even delisting XRP trading. Well, it’s about time the XRP community got some good news! I won’t keep you in suspense. Uphold Inc has decided to take a stand and support the XRP community by not delisting or suspending XRP trading for U.S. customers! This is beyond massive news and should be shared with anyone and everyone. Below is a series of amazing tweets from the CEO of Uphold Inc. Please read it word for word:
Uphold is one of the largest and most recognized exchanges in the United States. The fact that they are not folding under political pressure as Coinbase did is a huge advantage for them and us XRP holders. The XRP community needs to support Uphold and use them for any XRP based transactions. Uphold is taking a calculated risk backing XRP and the community needs to reciprocate.
Please share this news on all your social media platforms and provide links to the Uphold exchange. Go on their social media and show them some support by saying, “thank you.” Provide support and help for those that have questions setting up and Uphold account. The XRP community needs to gather together during times like this and work as one.
Here is the current team at Uphold:
Here is a quick breakdown on what they do as an company/exchange:
Uphold serves 184+ countries, across 30+ currencies (traditional and crypto) and commodities with frictionless foreign exchange and cross-border remittance for members around the world. Since our launch in 2015, Uphold has powered more than US$4+ billion in transactions.
Uphold combines a platform app model with payment connectivity to offer financial services to a global market. Uphold empowers innovation in financial services through a platform approach where app developers and fintech partners can leverage Uphold’s reach through licensed relationships with banks and financial services partners around the world. Built on a core of proprietary technologies and e-money apps, Uphold embraces a future where people and businesses around the world have access to safe, transparent, fair and affordable financial services.source: www.uphold.com
For the past 3 years, I have personally used Uphold, and it’s been phenomenal.
On a final note, one of the last remaining exchanges that still needs to declare if they are or are not support XRP during this time is Binance US. If they come out in support of XRP this is very positive. Their current CEO worked at Ripple for 2 years, that might an ace in our sleeves.
