Overview
Uphold is a versatile digital asset platform offering seamless trading across 300+ assets, including 250+ cryptocurrencies, fiat currencies, and commodities like gold and silver. Designed for beginners, it features an intuitive interface, transparent fees, and one-step trading—though advanced traders may find its analytics tools limited.
Key Features
Pros
✔ Broad Asset Selection: Trade cryptocurrencies, fiat (USD, EUR, etc.), and precious metals.
✔ User-Friendly Interface: Simple navigation ideal for new investors.
✔ Transparent Fees: Clear pricing with no hidden costs.
Cons
✖ Limited Advanced Tools: Lacks detailed charting or APIs for professional traders.
✖ High Spreads: Up to 3% on illiquid assets during volatility.
✖ No US Staking: Crypto staking unavailable for U.S. users.
Fees & Supported Assets
| Fee Type | Cost |
|-------------------|------|
| Trading Fees | 0.25%–2.95% (varies by asset) |
| Deposit Fees | 3.99% for cards/Apple Pay; free for ACH/wire ($20 if <$5k) |
| Withdrawal Fees | 1.75% for instant fiat; crypto fees vary |
Top Cryptocurrencies on Uphold
- BTC, ETH, SOL, XRP, USDT
- ADA, DOGE, SHIB, AVAX, DOT (Full list: 250+ assets)
👉 Explore Uphold’s full asset list
Who Should Use Uphold?
Ideal for:
- Beginners seeking a straightforward platform.
- Diversified investors trading crypto, fiat, and commodities.
Not ideal for:
- Advanced traders needing granular analytics.
- High-frequency traders due to spreads.
Security & Legitimacy
- Regulation: Complies with KYC/AML; funds in cold storage.
- Past Issues: Settled a 2024 lawsuit ($500k fund) over unauthorized withdrawals.
How to Sign Up
- Download the app (iOS/Android).
- Verify identity (KYC takes ~24 hours).
- Start trading with bank transfer or card.
Customer Reviews
- Trustpilot: 2.8/5 (mixed feedback on fees/support).
- Reddit: Praised for ease of use but criticized for slow withdrawals.
FAQs
Q: Does Uphold support staking?
A: Not for U.S. users; available internationally.
Q: What’s the minimum deposit?
A: No minimum for ACH; $50 for cards.
Q: Is Uphold safe?
A: Yes, with 2FA and cold storage—but crypto isn’t FDIC-insured.
👉 Compare Uphold to other exchanges
Final Verdict
Uphold excels for beginners with its diverse assets and simple interface, but experienced traders may prefer platforms with lower fees and advanced tools.
Disclaimer: Crypto investments are volatile. Conduct independent research before trading.