uphold

Uphold Overview

Uphold, founded in 2015, is a renowned digital asset trading platform aiming to build a borderless financial system. It enables trading of digital currencies, fiat currencies, commodities, and precious metals in one place, acting as a one - stop - shop for various trading needs. Uphold offers a wide range of tradable assets including popular cryptos, major fiat currencies, commodities like gold and silver, and even stocks from some leading firms in a regulated way. Its “Anything - to - Anything” trading technology allows direct trading between different asset classes. The platform has a user - friendly interface and provides 24/7 multilingual customer support. Security is emphasized with most funds in offline cold storage, multi - factor authentication, and strict regulatory compliance. Although Uphold faces challenges like cryptocurrency market volatility and regulatory changes, it remains popular among those looking for a diverse and convenient trading platform.

Pros & Cons

Is Uphold Safe？

Uphold has implemented several security measures to enhance the safety of its platform and user funds. Below measures are taken but not limited to:

• Two-factor Authentication

Uphold has implemented Two-factor Authentication (2FA). With 2FA, users are required to provide an additional verification step, typically through a mobile app or SMS code, in addition to their regular login credentials. This adds an extra layer of security and reduces the risk of unauthorized access to user accounts, ensuring a safer and more secure trading experience for its users.

• Regulatory Compliance & Anti-Money Laundering (AML) Controls

Uphold employs stringent KYC and Anti-Money Laundering controls to reinforce verification and identification processes, detecting and addressing suspicious activities. Moreover, Uphold is dedicated to adhering to legal requirements in the United States, Europe, and globally, ensuring a secure and compliant environment for its users.

• Strict privacy policy

At uphold, the implementation of a comprehensive privacy policy plays a pivotal role in fortifying their security measures. This policy is designed to safeguard the personal and financial information of their users, ensuring that sensitive data remains confidential and is not shared with unauthorized parties.

• PCI/DSS certified

Uphold holds PCI/DSS certification, which is one of the industrys most stringent and robust security measures in handling payment card data, keeps users' information secure and out of the hands of people who could use that data in a fraudulent way.

Cryptocurrencies Available

Uphold positions itself as a leading cryptocurrency platform by offering an extensive array of more than 250 tradable cryptocurrencies. Among the multitude of options, Uphold includes some of the most popular and widely recognized cryptocurrencies in the market: Bitcoin (BTC) \ Ethereum (ETH) \ Ripple (XRP) \ Litecoin (LTC) \ Cardano (ADA) \ Polkadot (DOT) \ Chainlink (LINK) \ Stellar (XLM)

Uphold APP

With Uphold, you can buy metals without having to make multiple transfers, and you can use your bank account, cryptocurrency network, or debit/credit card to trade assets directly with virtually no commission.

How to buy cryptos？

Here's how you can do it:

Visit the Uphold Website:

Go to Uphold.com and click on the ‘Sign up’ button.

Enter Personal Information:

You will be prompted to enter your email address, phone number, and other personal details.

Email Verification:

After entering your details, Uphold will send you a link via email. Click on this link to proceed.

Create a Password:

Once you've clicked the link, you'll be asked to create a password for your new Uphold account.

Provide Usage Details:

Uphold requires information on how you plan to use their platform. This includes providing basic financial information like your employment status and the source of your funds.

Identity Verification:

The final step involves verifying your identity. This is typically done by providing a valid ID document and taking a selfie.

Start Trading:

Once these steps are completed, your account is ready to use. You can now start trading cryptocurrencies on Uphold.

Fees

Service fee:

Uphold offers a range of services fees for various activities on its platform.

Account opening and holding funds: free for active customers.

Bank transfers and cryptocurrency deposits: free.

Credit card deposits: 3.99%

Debit card deposits: 3.49% fee.

Sending and receiving money between Uphold customers: free.

Withdrawal fees: $2.99 for crypto and $3.99 for bank transfers, plus potential third-party costs.

Exchanges fees for Converting or buying currencies or commodities: with slight differences between buy and sell prices for price protection as below.

Payment methods available for US customers

Payment methods available for EU/UK customers

Payment methods available for CA customers

Payment methods available for non-US/EU/UK/CA customers