Uphold launches litecoin support

Online money platform Uphold – formerly known as Bitreserve – has officially added support for litecoin, according to a press release sent to CoinReport.

Uphold users can now buy or convert existing value to litecoin in only a few steps from their account.

“This is another example of how Uphold continues to innovate with the goal of providing our members with access to all forms of value,” said Jorge Pereira, executive vice president and chief product & engineering at Uphold, in the press release.

In March, we reported that Uphold would be adding support for litecoin and ethereum in the near future. Ethereum is slated to be added this month.

“At Uphold, we envision a world where every conceivable form of value is free to move around, convert, transact and be innovated into, just like information can freely move around on today’s Internet. So, with an eye on diversity and choice, we will continue to introduce new forms of value,” said Pereira in an exclusive comment to CoinReport at the time. “In the crypto space, we’ll soon be adding support for Litecoin and Ethereum, which we believe complement the purpose of Bitcoin and may have a role to play in the years to come. And it won’t end there, we will continue to be on the lookout for other crypto-currencies that prove to be safe, useful and broadly adopted.”

Image via Uphold’s press kit