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New Integrations

How to Deposit & Stake Cardano (ADA) on Uphold

  • 28 Jul, 2022

  • 1 Min read

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Written by
Uphold Team

Uphold Integrates With Cardano (ADA)!

We’re proud to announce that, starting today, all Uphold wallets are fully compatible with the Cardano blockchain, and we’re excited about the opportunity to further support this community.

 

If you hold ADA, you can now:

  Stake your ADA through your Uphold wallet, and receive 4% APY (see instructions below)

 Deposit ADA from external wallets and, via Uphold, instantly convert it into your national currency and withdraw the funds to your bank

 Deposit and withdraw ADA between your Uphold wallet and private external wallets on the Cardano network

 Buy ADA on Uphold with funds from your debit/credit card and immediately withdraw the tokens to external Cardano wallets

How To Deposit Cardano (ADA) On Uphold

To deposit ADA to your Uphold mobile wallet:

  1. Tap ‘Transact’
  2. In ‘From:’ select ‘Cardano’ beneath ‘Crypto networks’
  3. Copy the QR code or Receiving Address
  4. Send funds from your external crypto wallet to the code or address you’ve copied
DEPOSIT CARDANO (ADA)

How To Stake Cardano (ADA) On Uphold

To stake ADA from your Uphold mobile wallet:

  1. Tap ‘More…’
  2. Tap ‘Staking’
  3. Tap ‘Next’
  4. Select ‘Cardano’
  5. Tap ‘From:’ and select your wallet balance
  6. Enter your amount
  7. Tap ‘Preview Staking’
  8. Tap ‘Start Staking ADA’
STAKE CARDANO (ADA)

Stay on the lookout as we continue to add more blockchain integrations into the Uphold wallet!

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Written by
Uphold Team
  • Digital Money Platform
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Written by
Uphold Team
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Uphold Europe Limited, Reg No. 09281410, Registered Office: Eastcastle House, 27/28 Eastcastle Street, London, United Kingdom, W1W 8DH

© Uphold 2024. All Rights Reserved.

Uphold (FRN: 938277) is registered with the Financial Conduct Authority (FCA) for AML purposes and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer).

Uphold is also an EMD agent (FRN: 900577) of Optimus Cards UK Limited (FRN: 902034) which is authorised and regulated by the Financial Conduct Authority to issue e-money pursuant to the Electronic Money Regulations 2011.

The purchase, sale and custody of cryptoassets are regulated by the FCA for anti-money laundering purposes but this does not indicate any approval by the FCA of Uphold’s cryptoasset activities. Cryptoassets are very high risk and speculative.  When purchasing, selling and/or holding cryptoassets, you will not have access to the Financial Ombudsman Service (FOS) or the Financial Services Compensation Scheme (FSCS) if something goes wrong. 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 circumstances.

Fiat money payments and balances (fiat is another name for traditional currencies, such as GBP, USD and EUR) constitute regulated e-money and payment services. In providing fiat balances, you are being issued with e-money by Optimus and Uphold is acting as its agent. See specific e-money terms. E-money is not a deposit or investment account which means that your e-money will not be protected by the FSCS. Your funds will be held in a designated safeguarding account with a regulated financial institution. E-money will not earn any interest.

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