Uphold, the modern infrastructure provider for blockchain finance, announces the launch of Auto-Invest, a new feature for its popular direct deposit service. The new feature allows customers to automatically invest their salary across multiple digital assets or a USD interest account.
With direct deposit, customers receive all or part of their paycheck automatically and securely in their Uphold account. Auto-Invest allows customers to automatically purchase up to ten assets in a single step the moment their paycheck arrives. Clients choose from digital assets, a USD interest account, or metals, then set the percentage they want to allocate to each asset. Anything not allocated remains in their USD balance. Auto-Invest users earn 3% in XRP on crypto transactions above $500 and 2% on transactions below $500.1.
Customers can change their settings, pause, stop or re-enable automatic investing at any time, with changes taking effect on future paychecks.
“Auto-Invest takes the hassle out of building a portfolio: clients set it up once, and it works the moment their paycheck arrives,” said Nancy Beaton, president of Uphold HQ. “This embodies our goal of making people’s everyday finances work harder. »
Uphold Auto-Invest is not available in New York, American Samoa, and the U.S. Virgin Islands.
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About Respect
Uphold is a fintech company that believes on-chain services are the future of finance. It provides modern infrastructure for on-chain payments, banking, and investments. Offering consumer services, business services and institutional trading, Uphold makes financial services simple and reliable for millions of customers in more than 140 countries.
Uphold integrates with over 30 trading platforms, including centralized and decentralized exchanges, to provide superior liquidity, resilience and optimal execution. Uphold never lends its clients’ assets and is always 100% reserved.
The company has pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website (
Uphold is regulated in the United States by FinCen and state regulators; and is registered in the UK with the FCA and in Europe with the Financial Crime Investigation Department of the Ministry of the Interior of the Republic of Lithuania. Securities products and services are offered by Uphold Securities, Inc., an SEC registered broker-dealer and member FINRA and SIPC.
To learn more about Uphold’s products and services, visit uphold.com.
Remarks
1Conditions apply to Auto-Invest XRP Return Promotion
Disclaimer: The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. Investing involves risks, including the potential loss of capital. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities. Neither the media platform nor the publisher shall be liable for any fraudulent activity, misrepresentation or financial loss arising from the contents of this press release.
