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Uphold provides users in Latin America with coverage of public actions in North America

June 13, 2020

The need to exchange crypto assets and invest in the same platform in metals and fiat currencies is possible thanks to Uphold, which allows every user to protect themselves from the volatility of the crypto market and gain access to the traditional market. Now he has announced that they will offer coverage of public actions in North America in the coming weeks.

Uphold, the Silicon Valley financial technology company, announced that in a few weeks it will offer users in Latin America coverage of public actions in North America. In a short time a product for Latin America will arrive that is very interesting. With this account you can buy stocks from Apple, Google or Amazon. Juan Pablo Thieriot, the Argentinian CEO of Uphold, explained in a dialogue with Infotechnology.

“For the majority of Latin America, this means access to the stock exchange for the first time. The platform can convert everything to another. So far, nobody has been able to pass an Apple share directly onto a Google share. It usually goes over the dollar or bitcoin and is sold in pesos and then in dollars for the stock. We have a completely different and sophisticated platform with which we can carry out direct conversions. This avoids double friction between the two, “added Thieriot.

Uphold is changing the way people access money

Uphold serves more than 184 countries in more than 30 currencies (traditional and cryptographic) and goods with smooth currencies and cross-border transfers for members around the world. Since its launch in 2015, Uphold has generated over $ 4 billion in transactions.

Uphold provides users in Latin America with coverage of public actions in North AmericaUphold provides users in Latin America with coverage of public actions in North America

Uphold combines a platform application model with payment connectivity to provide financial services to a global market. Boost innovation in financial services through a platform approach where application developers and fintech partners can leverage Uphold’s reach through key relationships with banks and financial services partners around the world.

Uphold is based on a core of proprietary technologies and e-money applications and provides for a future in which individuals and companies around the world have access to secure, transparent, fair and affordable financial services.

“The Internet of Money”

Inflation problems in countries in Latin America and the Third World in general have been around for a long time. Latin American cases like Venezuela and Argentina to put current cases in context. Therefore, this platform makes cryptocurrencies more accessible and affordable.

The company was founded by Halsey Minor with the aim of facilitating the transfer of money to all types of users, with the philosophy that anyone in the world can have access to financial services traditionally relegated to a few privileged people.

The platform provides financial accessibility and integration by giving customers the ability to open an account from virtually anywhere, without commissions or sending free money to virtually anyone worldwide, including payments to businesses and employees. Accounts can be funded through seven cryptocurrency networks, bank connections in around 40 countries, and debit and credit cards.

As mentioned earlier, the platform has no commercial commissions, no commissions for deposits on credit and debit cards, and no commissions for bank commissions and cryptocurrency withdrawals. Here you can buy cryptocurrencies directly with a credit or debit card, so you can set prices earlier.

Uphold changes your industry and improves your results

International payments are instant and secure. They have easy integration with their open API. Regardless of the industry, Uphold claims to have a solution for different companies. With Uphold’s global user base, Uphold Merchant Services (UMS) provides merchants with access to international markets without the typical costs of cross-border global payments.