Hedera is now supported on Vault
We’re excited to announce that Hedera (HBAR) is now supported on Uphold Vault!
You can now securely store, manage, and trade your native HBAR alongside other digital holdings, all within one convenient platform. With Vault, HBAR holders gain complete control over their assets while benefiting from added security features like private key replacement and live trading.
Why Store HBAR on Vault?
It’s no secret that the usual route to crypto self-custody can feel clunky, complex, and frustrating. The choice of where and how to store your assets is critical. That’s where Uphold Vault comes in, now with Hedera support. Vault offers a seamless, user-friendly experience that combines the best of control, security, and simplicity.
With Vault, you hold the keys to your assets, ensuring you have full ownership without the headaches of complicated setups. Say goodbye to the hassle of multiple steps and hello to straightforward, cost-effective crypto self-custody, all while staying connected to the Uphold trading venue within the same app.
How Vault works:
- Full Control: You hold the private keys to your HBAR, ensuring you have sole ownership of your assets.
- Enhanced Security: Vault includes features like private key replacement, adding an extra layer of protection.
- Seamless Integration: Store HBAR alongside other assets like BTC and XRP in one secure platform.
What Makes Hedera Unique?
Hedera Hashgraph claims to be the most used, sustainable, enterprise-grade public network designed for the decentralized economy. Powered by its novel consensus algorithm, Hashgraph, Hedera looks to support powerful decentralized applications, allowing for faster and more efficient transactions when compared to traditional blockchains.
But it’s not just about technology – Hedera is backed by some of the world’s most respected organizations through the Hedera Global Governing Council, which includes giants like Google, IBM, LG, Deutsche Telekom, and Boeing. This governance model aims to bring long-term stability and real-world applications to Hedera’s ecosystem.
Real-World Applications of Hedera
Hedera is driving innovation across several key industries, including music streaming, blockchain gaming, and carbon capture. Here are just a few of the exciting verticals where Hedera is making a difference:
- Music Streaming: Transparent rights and royalties for artists.
- Blockchain Gaming: Powering decentralized and immersive gaming experiences.
- Carbon Capture: Supporting sustainability projects through carbon offsets.
- DeFi & Staking: Unlocking new financial tools and staking opportunities for token holders.
- Healthcare Data: Securing sensitive medical information and improving access to healthcare.
Built for the Future
As Web3 continues to evolve, compliance and regulation are becoming more important than ever. Hedera is ahead of the curve with built-in KYC, AML, and governance tools, creating a scalable, fully-compliant ecosystem that is ready for mainstream adoption.
Getting Started with Vault
Setting up your Vault is quick and straightforward. Open the Uphold app, follow the steps to create your Vault, and within minutes, you’ll be ready to securely store and manage your HBAR, BTC, XRP, and more.
If you’re ready to take control of your Hedera assets, Vault offers a secure and user-friendly way to manage your crypto in one place. Start using Vault today and experience the future of self-custody.
Don’t invest in crypto unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.
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