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- TAP Network partnered with Uphold, a multi-asset crypto wallet provider.
- Uphold offers 27 national currencies, six stablecoins, and 30 cryptocurrencies, along with four precious metals.
- Customers can make payments to merchants through any currency in their current holding in the Uphold account.
If you are an OTT platform user or visit Starbucks regularly, there is good news. You can pay the bill through Bitcoins, fiat, or precious metals. Top merchants around the world under the TAP Network will accept payments in a variety of forms, suitable for users. TAP Network has partnered with Uphold, a multi-asset crypto wallet provider. Furthermore, charities such as Red Cross and fundraising for frontline COVID warriors will now accept payments in all the said forms.
You can now use your Uphold account to redeem gift cards, donate to charity or enter #sweepstakes with our @TAPCOIN partnership.
Buy gift cards with #crypto (or any asset) for merchants like @amazon, @ChipotleTweets & more! Learn more in our apps center. https://t.co/xlMA6DAG23
— Uphold (@UpholdInc) June 10, 2020
What is Uphold, and What Does It Offer?
‘This brings more utilities to cryptocurrencies and more user access to US goods and services. Uphold is a diverse platform that has over 30+ local currencies, with an active international user base,’ said Lin Dai, co-founder, and CEO of TAP Network. Current internet experience will witness enhancement. It is because both projects have close ties with the Brave browser. It is a fast, secure, and private web browser for Mac, PC, and mobile.
Uphold offers 27 national currencies, six stable coins, and 30 cryptocurrencies, along with four precious metals. One of the key takeaway points from this agreement would be the conversion of holding into redeemable points through the TAP Network. It could be a premium Spotify account, a Nike gift card, or a credit on Amazon. Further, these rewards can be redeemed at various points of sale and can be held digitally. This has been a bridge between the old and new money systems to promote mainstream accessibility. Therefore, with the help of digital assets, customers can make payments to merchants through any currency in their current holding in the Uphold account.
What’s In-Store?
Sweepstakes and prizes are like cherries on the cake, which turns small amounts of value into opportunities. A $100 gift card could cost you $0.10 equivalent in different tokens. Moreover, there are also talks to include an offer of 70% off on your travels around the world. Also, front row seats at sporting extravaganza or Zoom call sessions with your favorite celebrities are the perks that you should look forward to.
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
