We recently conducted an interview with the Uphold team regarding ng their platform, and how they envision the future of cryptocurrency. Moreover, Uphold EVP Global Growth and Partnerships Robin O’Connell referred to collaborative opportunities for the company.
TheMerkle: Uphold is venturing into all kinds of businesses these days, which is a nod of confidence for the service you guys offer. How did the partnership with BookingTeam.com come to fruition?
Uphold: At Uphold, we have a Growth & Partnerships team that is working with multiple businesses to help drive users and funds flow within the platform. The Travel Industry has proven a ripe target for Uphold as there is a natural flow of funds between online booking aggregators and the thousands of small hotels and rental homes internationally. The partnership agreement was reached within a week; more time was subsequently spent promoting Uphold to the BookingTeam.com userbase and educating about its benefits.
TheMerkle: Right now, Uphold supports several dozen fiat currencies, several cryptocurrencies, and four precious metals. Which of these markets has been most successful throughout Q1 of 2016, and why is this the case, in your opinion?
Uphold: Uphold members can choose to hold their funds in 30 different types of value, this includes 23 fiat currencies, four precious metals (gold, silver, platinum, palladium) and three cryptocurrencies — with one more (Ethereum) coming soon!
The clear leader is still Bitcoin, with over $57M worth of bitcoin trading happening in 2016 to date. The main reason for this is that we’re the cheapest place to buy BTC with EUR or GBP, and that is the segment that has shown the most volume and growth, and also we have various partners now relying on Uphold for their operations, as well as some remittance operations relying on bitcoin for their […]
