eToro, Uphold and Ziglu now support more crypto coins
eToro, Ziglu and Uphold all expand their offerings with the addition of new tokens.
It’s been a busy week for crypto platforms which – against the backdrop of tumbling prices – have forged ahead and added more crypto assets to the list of those they can support.
eToro
The crypto social trading specialist eToro has added to its line-up with the inclusion of 3 new digital assets.
AMP
AMP can be used for collateralising asset transfers on the Flexa network. It is an Ethereum token that acts as collateral that can be liquidated to cover losses if a BTC or ETH payment fails due to unconfirmed or long transaction times.
ALICE
The ALICE token is the native currency in the game “Mr Neighbor Alice”. The game is a multi-player builder game where anyone can buy and own virtual islands. ALICE can be used to purchase in-game assets. Users can also earn tokens through in-game events and tokens can be used to earn staking rewards.
SRM
SRM is the native token of Serum, a decentralised exchange and ecosystem that aims to lower transaction costs and improve speed. It is designed around a fully on-chain central limit and matching engine. The Serum token (SRM) was natively on Solana, cross-listed as ERC20. It is mainly used for governance, but users can also earn staking rewards.
Ziglu’s new tokens
Ziglu is continuing, as promised, with its Two Token Tuesday promotion. It dropped 2 new coins onto its app on Tuesday 14 June, 2022.
ANKR
Ankr is a decentralized infrastructure that provides a multi-chain toolkit to access blockchain infrastructure, earn yields and integrate DeFi solutions. Its aim is to facilitate a new version of the interest-based on blockchain technology. The Ankr token (ANKR) is used to reward participation on the network and as a fee for using another computer’s resources. It can also be used as a means of blockchain verification through staking.
CHZ
CHZ is the native token of Chiliz, a sports fan engagement platform. It provides sports and entertainment entities with blockchain-based tools to help them engage and monetise their audiences. CHZ can be used to pay for Fan Tokens for users to engage with their clubs.
Uphold’s additions
Uphold has added 13 new tokens – a mixture of Tier 3 and Tier 4. On the platform, Tier 3 tokens can be bought, held, sold, deposited, withdrawn and sent. Tier 4 tokens can only be bought, held and sold.
New Tier 3 tokens
New Tier 4 tokens
*Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.
Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
