• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Draghi Scores & Cryptos Celebrate
Nexo

Cryptocurrency Payment Platform UQUID Raises Over $17.8 Million in Successful ICO

Cynthia Turcotte by Cynthia Turcotte
5 years ago
in News, Companies, News teaser, Services
0
Advertisement

Finishing up an extremely successful ICO run last week, UQUID, the all-in-one solution for earning, saving, and spending 90 different cryptocurrencies, raised over $17.8 million.


Cryptocurrency-based payment platform UQUID concluded its ICO last week, raising $17.8 million and leaving investors clamoring for more.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

For those unfamiliar with the platform, UQUID bridges the gap between cryptocurrency and fiat. It allows users to earn, save, and spend Bitcoin, Ethereum, and 88 other cryptocurrencies. Through the UQUID virtual debit card, which can be loaded with multiple cryptocurrencies, users can pay bills, shop online, and make every day real-world purchases anywhere that VISA is accepted.

Self-described as a “complete ecosystem that provides a hassle-free physical realization of your digital wealth and risk-free investment environment to trade or exchange your digital currency,” UQUID offers a range of services, including e-wallet solutions, reloadable virtual and physical debit cards, mobile top-up, and more.

UQUID Debit Card

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

UQUID ICO By the Numbers

The UQUID ICO, which ran from October 2, 2017, to November 10, 2017, was, by anyone’s definition, a huge success. In just 39 days, nearly 25,000 investors contributed to the ICO, raising an impressive $17.8 million and purchasing 10 million UQC tokens in the process.

UQUID CEO Tran Hung commented on the ICOs success:

I would like to thank all of the investors who participated in our ICO. There are many great things in store for UQUID and you have all helped make them possible.

He also addressed the issue of UQC token withdrawals:

Investors who contributed using ETH have their withdrawals processed automatically, however for those who contributed using one of the other 91 cryptocurrencies we accept, the audit and withdrawal process is handled manually due to its complexity. We hope to have all withdrawals processed before November 20.

Future Plans

What’s Next for UQUID?

Now that the ICO has ended, it’s time for the real work to begin. Bitcoinist spoke with Hung to ask him what the future holds for the payment platform:

We will continue support for our card services, which includes adding more cryptocurrencies into the system. We will also continue to build up our ecosystem with the addition of new tools and features to benefit our users.

He went on to explain the highlights of UQUID’s future plans, which include:

  • The addition of 200 new cryptocurrencies into the system within the next six months;
  • The release of a multi-cryptocurrency wallet within the next few weeks;
  • Finishing the development of the UQUID mobile app;
  • Adding a cryptocurrency exchange platform;

With so many new features in the works, UQUID has a very bright – and very busy – future ahead of them.

To learn more about UQUID or to sign up for the payment platform, please visit uquid.com. You can also keep up to date with the latest UQUIDCoin news and information on their blog.

Do you use UQUID’s payment platform? What do you think about being able to use so many different cryptocurrencies for everyday purchases? Let us know in the comments below.


Images courtesy of UQUID, Shutterstock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Cynthia Turcotte

Cynthia Turcotte

Related Posts

Legal Experts Reveal Regulatory Uncertainty Around Crypto Could Spike Lawsuits

Legal Experts Reveal Regulatory Uncertainty Around Crypto Could Spike Lawsuits

2 days ago
Cryptoqueen

‘Cryptoqueen’ Has A $100,000 Bounty On Her Head Offered By The FBI

3 days ago
Three Arrows

Three Arrows Capital Gets Notice Of Default On $660 Million Voyager Loan

7 days ago
Morgan Creek

Morgan Creek Said To Be In Bid To Secure $250-M To Counter FTX BlockFi Bailout

7 days ago
Harmony

Harmony Dangles $1M Reward For Return Of $100M Stolen Funds – Is It Enough?

1 week ago
Cryptocurrency Firm Babel Finance Strikes Debt Agreement With Counterparties

Cryptocurrency Firm Babel Finance Strikes Debt Agreement With Counterparties

1 week ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.