Our spree of new blockchain integrations continues — and this time it’s Hedera (HBAR)!
All HBAR owners can now safely deposit and withdraw their tokens on-chain between their Uphold wallet from any external Hedera wallet!
HBAR is powered by the hashgraph consensus algorithm, which can process hundreds of thousands of transactions per second. Hashgraph technology allows HBAR to achieve the highest grade security (aBFT), low fees, near-instant finality, and low bandwidth consumption.
The HBAR network is led by the Hedera Global Governing Council, which is composed of a number of world-leading organizations, including Google, IBM, Standard Bank, LG, Boeing, Deutsche Telekom, London School of Economics, University College of London and more.
As Web3 moves into the mainstream, regulatory compliance becomes more and more important each day. Hedera is operating ahead of the curve in this respect, building KYC, AML, and governance tools to support a scalable and fully-compliant, globally-distributed ecosystem.
This ecosystem includes projects across a number of exciting verticals, including —
- Music streaming
- Blockchain gaming
- Carbon capture
- Social marketplaces
- DeFi & Staking
- Commercial real estate
- Healthcare data
Uphold specializes in low-liquidity tokens that other CeFi platforms haven’t yet made available. With this new HBAR integration, we’ll be supporting up and coming projects built on Hedera, giving you access to early opportunities through our low-fee, high-transparency platform.
How to deposit HBAR into your Uphold wallet:
- Tap ‘Transact’
- In ‘From:’ select ‘Hedera’ beneath ‘Crypto networks’
- Copy the QR code or Receiving Address
- Send funds from your external crypto wallet to the code or address you’ve copied
Deposit HBAR
There’s more exciting integrations on the way — stay tuned!
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