The Telos Foundation Announces Strategic Listing of $TLOS on first North American Exchange– Uphold
Telos Foundation announces its first official listing of TLOS on a North American exchange–Uphold!
$TLOS Deposit, Trading, Withdrawal: August 24th, 2023
Ranked #1 in the San Francisco Business Times Fast 100 List, Uphold is committed to making Web3 easy.
As a Web3 financial platform, Uphold serves over 10 million customers in more than 184 countries. It provides businesses and consumers with easy access to financial technology and services. Uphold’s patented “Anything to Anything” platform gives end users seamless access to and between digital assets and national currencies and precious metals.
Uniquely, Uphold smart routes orders across 27 trading venues delivering optimal execution and superior liquidity to customers.
Uphold never loans out customer assets and is always 100% reserved. The company has pioneered radical transparency and uniquely publishes its assets and liabilities in real-time on a public website (https://uphold.com/en-us/transparency).
Uphold is regulated in the U.S. by FinCen and state regulators and in the U.K. by the FCA; and is registered in Canada with FINTRAC and in Europe with the Financial Crime Investigation Service under The Ministry of the Interior of the Republic of Lithuania. To learn more about Uphold’s products and services visit www.uphold.com.
Benefits to the Telos Community
The listing on Uphold, with its reputation for optimal execution and superior liquidity, aligns with Telos’ commitment to scalability, security, and decentralization. Uphold is committed to supporting Web3 services which will provide its users with real-world utility.
For the Telos community, this collaboration means:
- Increased Access: Expanding reach to Uphold’s substantial customer base.
- Alignment with Transparency: Sharing the ethos of security, reliability, and transparency.
- Enhanced Liquidity: Enjoying the benefits of Uphold’s smart routing across 27 trading venues.
- Access to Topper App integration: An easy-to-implement global Web3 payment API that lets users buy 200 + cryptocurrencies, including TLOS, within a minute or less. Note: When buying TLOS via Topper, please note that it’s the ERC20 ptoken version. Users will need to bridge from ERC20 to Telos EVM via pNetwork.
How to bridge your TLOS ERC20 tokens to Telos EVM using pNetwork
As of now, Uphold only has withdraws via ETH chain, this means that users will need to bridge their TLOS from ERC20 to Telos EVM using pNetwork. Follow the step-by-step guide below to get started!
Step 1: Head to the pTokens DApp Swap Page and connect your wallet via ETH.
Step 2: In the “From” swap section, select TLOS on ETHEREUM.
Step 3: In the “To” swap section, select TLOS on NATIVE.
Step 4: Enter a Telos EVM compatible destination address and make sure “Recieve on a tEVM (Telos EVM) compatible address” is enabled. Enter the amount you would like to swap, and complete the transaction.
Benefits to the Uphold Community
Uphold users will gain access to one of the most technologically advanced and rapidly growing blockchains in the industry. Telos’ performance, offering 15,200+ transactions per second and near-feeless operations, presents a unique opportunity for Uphold’s commitment to supporting Web3 services with real-world utility. In addition, Telos’ zero downtime since its launch in 2018, vast ecosystem, and focus on ZK Technology makes it the obvious future home for decentralized developers and builders.
The partnership with Uphold, a platform that prides itself on being a place where users can discover new tokens first, represents a significant step towards achieving our shared goals.
Both Telos and Uphold are steadfast in our dedication to transparency, security, and innovation. We look forward to this collaboration enhancing the experience for both the Telos and Uphold communities.
As a decentralized, independent and not-for-profit organization, the Telos Foundation spearheads the advancement and governance of the Telos blockchain. Launched in 2018, Telos has an impeccable five-year record of uninterrupted service. With the introduction of the Telos EVM in 2021 — the fastest Ethereum Virtual Machine — Telos has demonstrated its commitment to cutting-edge technology. Now shifting its focus to becoming a Layer Zero network, Telos places paramount importance on scalability, security, and decentralization. The network’s impressive performance allows for 15,200+ transactions per second, all while maintaining near-feeless operations. Today, the Telos ecosystem boasts more than 100 partners, 250 dApps, 1.2 million accounts, and a rapidly growing community. Telos continues to propel the industry’s transition to Web 3.0 and pave the way for global adoption of decentralized solutions.