Uphold Review
Key takeaways from this Uphold review:
- Uphold is a secure, user-friendly platform with low fees and a wide range of features.
- It has a limited selection of cryptocurrencies and limited customer support.
- Some alternatives to Uphold include Binance, Tidex, and Kraken
- Uphold let's you buy more than just cryptocurrency: you can also invest in precious metals like gold, silver, platinum, and palladiums as well as foreign currencies and stable coins
Uphold Pros & Cons
What is Uphold?
Uphold is a cryptocurrency platform that enables users to buy, sell, and store digital assets as well as some traditional investing assets and alternative assets like gold and silver. It provides access to a wide range of digital currencies, including Bitcoin, Ethereum, and Litecoin, as well as fiat currencies and stablecoins.
Uphold also offers a variety of services, such as instant currency conversion, low fees, and secure storage.
Uphold Products & Features
Uphold provides a wide range of features and services. Let's go through some of the most popular features.
One of the most popular features of Uphold is its multi-currency wallet.
This wallet allows users to store and manage a variety of digital currencies, including Bitcoin, Ethereum, Litecoin, and more. It also supports fiat currencies, such as the US dollar, Euro, and British Pound.
Uphold also offers a range of trading options. Users can buy and sell digital currencies using their bank account, debit card, or credit card. They can also exchange one digital currency for another.
Uphold also provides users with a secure way to send and receive payments. Users can send payments to anyone in the world, regardless of their location. The platform also offers a range of payment methods, such as bank transfers, credit cards, and PayPal.
Uphold Customer Support
Uphold customer support is considered below average with users complaining about slow response times.
Is Uphold Available to US-Investors?
Uphold is available to US-investors. However, it is not available to residents of the following countries: Afghanistan, Democratic People's Republic of Korea, Ethiopia, Iran, Iraq, Syria, Uganda, Vanuatu, and Yemen. Residents of other countries may be subject to additional restrictions.
Uphold Trading Fees
You can fund your Uphold account for free with a bank account. For credit cards, they charge a 3.99% fee per deposit. For debit cards, you would be charged a 3.49% fee per deposit.
Withdrawal Fees: Uphold charges a flat fee of $3.99 for all withdrawals, regardless of the currency or payment method used.
They don’t have regular maker and taker fees. You can have a look at their fees below.
Uphold Alternatives
As an alternative to Uphold, there are several crypto exchanges that offer similar services. Here are three of the best options:
- Binance: Binance is a leading crypto exchange with a large selection of coins and a user-friendly interface. It also offers low fees and a variety of trading options.
- Tidex: Tidex is one of the most used crypto exchanges and it’s highly secure. It also offers a wide range of coins and features like a built-in wallet and a debit card.
- Kraken: Kraken is a great choice for traders who want to take advantage of advanced features like margin trading and futures. It also offers a wide selection of coins and low fees.
- For Precious metals: Check out ApMex or if you're looking for precious metals retirement products, you might check out Augusta.
How to Sign Up on Uphold?
Here’s how you can sign up on Uphold:
- Visit Uphold Exchange
- Enter your email address and create a password.
- Enter your name and date of birth.
- Read and accept the Terms of Service and Privacy Policy.
- Enter the verification code sent to your email.
- Select your country and currency.
- Verify your identity by providing a government-issued ID.
- Verify your phone number.
- Congratulations! Your Uphold account is now active.
