Buy Universal Protocol Alliance
What is the Universal Protocol Alliance?
The crypto industry’s first “mega utility token,” UPT is the native token of the Universal Protocol Alliance, a coalition of leading blockchain companies that together form a foundational architecture for bringing digital money into the mainstream.
UPT first made its debut in November of 2019 on Bitcoin.com Exchange and then later more broadly expanded liquidity venues. UP Alliance members, including Blockchain at Berkeley, CertiK, OmiseGO, and Uphold, help power an ecosystem comprising more than 10 million users (regular consumers and blockchain industry members alike) who tap into, or stake, via the mega utility token, benefits which can include anything from getting ultra-competitive rates for cash-back offers to discounts on trading costs. Another upside, for ecosystem-dwelling developers: reduced code auditing fees.
Consumers can use the token to make transactions with UP Alliance's Ethereum-blockchain-supported proxy tokens – the Universal Dollar (UPUSD) and the Universal Euro (UPEUR) – as well as Universal Bitcoin (UPBTC), allowing multi-way convertibility and a more secure to own/shift among underlying currencies.
What is the price of UPT?
Since hitting a low of $0.00065086 in April 2020, UPT has since risen by nearly 700%; however, at $0.0052 (as of mid-October of 2020) it is down 72% from its all-time high reached in February 2020. At least one digital asset forecaster, Digital Coin Price, puts UPT at $0.0125 by 2021. Uniswap (v2) is the current most active market trading it.
How to buy UPT
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.
This article is for informational purposes only and takes no account of particular personal or market circumstances, and should not be relied upon as investment, tax, or legal advice. For investment, tax, or legal advice and before taking any action you should consult your own advisors. Note that digital assets such as cryptocurrencies present unique risks for investors. Please see our disclaimer regarding risks specific to holding digital assets before investing.
This content is correct as of November 2020
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