Buy Universal Bitcoin
UPBTC
What is Universal Bitcoin (UPBTC)?
Universal Bitcoin (UPBTC) is a tokenised, therefore convertible, version of Bitcoin (BTC). Considered part of the proxy asset camp, this Ethereum-powered, ERC-20-wrapped BTC was launched in 2019 by the Universal Protocol Alliance. What’s that? It’s a consortium of blockchain companies focused on tokenizing non-Ethereum blockchain projects. Why? They’re seeking to create a universal transparent reserve standard allowing for more functionality, compatibility and, as a result, more widespread take-up of digital assets.
UP Alliance members, including Blockchain at Berkeley, CertiK, OmiseGO and Uphold, help power an ecosystem comprising more than 10 million users and are aiming at an even loftier target – attracting 100 million users. Designed with institutional-level security – a smart bookkeeping system that logs deposits and withdrawals on a smart contract – UPBTC facilitates, via seamless interoperability with the Universal Protocol Token (UPT), fast, low-cost conversion to Bitcoin and other digital assets. The architecture allows for vast connectivity among ecosystems, elegantly solving the individual smart contract scalability conundrum.
What is the price of UPBTC?
UPBTC exactly mirrors BTC which as of mid-October was ranging between $11,300 and $11,900. The two can be freely traded for one another.
Some of the biggest names in the blockchain industry support various aspects of the UPBTC ecosystem: Uphold provides wallet and exchange functionality.
How to buy UPBTC
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
1. Go to Uphold.com and click sign up.
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
Cryptoassets are very high risk, speculative investments. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial condition. Additional risk warnings are contained on Uphold’s Legal page.
May not be available in all jurisdictions.
This content is correct as of January 2022.
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