In a strategic move, Flux has announced a new partnership with Uphold to boost trading, liquidity, and accessibility of $FLUX and its associated assets. This collaboration underscores Flux’s commitment to expanding digital asset options and enhancing the ecosystem. The firm announced this partnership via its official X and Medium accounts.
GREAT NEWS! 🎉
📢 We’re partnering with @UpholdInc to expand $FLUX and its parallel assets #trading and liquidity, enhance cross-functionality, boost accessibility, and unlock new opportunities for users across both ecosystems!
Learn all the details:
🔗 https://t.co/CH4IvIHzyX pic.twitter.com/CcmWKGa8gU— Flux-Web3 Cloud (@RunOnFlux) August 8, 2024
Flux Expands Trading Options and Enhances Flexibility
Uphold, a leading OTC digital money platform with a global presence in over 180 countries, is known for its “anything to anything” approach. This allows users to trade directly between more than 250 cryptocurrencies and various asset classes. By partnering with Flux, Uphold will now support Flux’s parallel assets, significantly increasing the liquidity and accessibility of $FLUX across multiple blockchains. These blockchains include Ethereum, Solana, Bitcoin, and the Base network.
The partnership will see Uphold integrated into FluxPool, a network of cryptocurrency miners working with $FLUX and its parallel assets. This integration will help FluxPool users access Uphold’s diverse range of tokens and fiat options.
Additionally, Uphold will be featured on FluxEdge, a decentralized marketplace for AI, machine learning, and rendering services. This will allow users to easily convert other digital assets into $FLUX or parallel assets before making deposits on FluxEdge.
The Partnership Proves a Milestone for Flux and Uphold
Daniel Keller, CEO and Co-founder of Flux, expressed his enthusiasm about the partnership. As per him, the partnership represents a crucial milestone for Flux. He mentioned that the collaboration would not only enhance the accessibility and liquidity of $FLUX but also highlight their commitment to providing robust decentralized solutions.
This partnership is set to redefine how users interact with decentralized technologies, blending Flux’s cloud infrastructure and decentralized services with Uphold’s extensive trading capabilities. The collaboration aims to unlock new opportunities and improve the overall user experience across both platforms.