About to make its initial exchange listing, Universal Protocol Token (UPT) will serve as a mega-utility token, offering holders attractive interest rates when lending and borrowing, lower exchange fees, cashback and discounts on trading.
Mega-Utility Token to Debut Wednesday
The Universal Protocol Alliance is a group of like-minded cryptocurrency companies and blockchain organizations that want to connect different digital assets in a single network. The group has identified that many users need innovative solutions to move digital assets seamlessly across different wallets, exchanges, and networks. The alliance members include Bittrex, Brave, Certik, Omisego, Blockchain at Berkeley, Uphold, and Cred.
Universal Protocol Token is the native token of the Universal Protocol Platform, and is the underlying utility token for the Universal Protocol ecosystem. Consumers can use it to make transactions with the additional tokens and stablecoins that Universal Protocol has released including UPUSD, UPEUR, and UPBTC. Universal Protocol Token (UPT) will debut Nov. 20, 2019 on Bitcoin.com Exchange as an initial exchange listing, and will be available for trading by non-U.S. persons only.
“The Universal Protocol Token is the solution for businesses, consumers and governments large and small require solutions to digitally maneuver assets anywhere and anytime,” said JP Thieriot, co-founder of the UP Alliance and Uphold. “UPT will unlock tremendous value in the ecosystem and set the stage for even more innovative solutions in the marketplace.”
Alliance Members to Provide Special Offers
Each Alliance member will provide a critical component to the ecosystem, and provide different services and discounts, including:
Cred: Holders of UPT will earn interest on UPT and all UP tokens through Cred Earn. Holders of UPT or any UP token will also be able to…