Uphold is an online destination that allows trading between cryptocurrencies, stocks, precious metals, US stocks, national currencies, etc. It has broad functionality and offers the most affordable fees in the industry. electronic money. The article “ What is Uphold Exchange? Uphold Exchange Guide ” will provide detailed information and how the Uphold Exchange works.
What is Uphold?
What makes Uphold stand out in the trade? It supports 27 national currencies, 58 digital currencies, 4 metals, 50 stocks, and over 1,000 trading pairs! The platform works not only in Europe, Central and African countries but also in Asia and the United States.
As an easy place to buy and trade cryptocurrencies, it has over 7 million users worldwide. Property availability depends on the region.
All investments and transactions are risky and may result in loss of capital. Cryptocurrencies are largely unregulated in most regions.
Features of Uphold
Uphold has one of the most widely tradable asset classes and is a fully functional platform with lots of distinctive features:
- Simple and fast: the registration procedure looks like any other traditional registration but it only takes 11 clicks to complete the purchase.
- Customizable Dashboard: This can be tailored to user preferences by listing required assets and selecting trading options.
- AutoPilot feature: you can schedule recurring trades and buy assets regularly at equal intervals.
- Funding directly from a bank account or debit card: no conversion required even if you pay in a currency other than the base currency in your country.
- One step for every transaction: no need to convert Coins or fiat currency to anything else as there are more than 1,000 trading pairs.
- Instant international transfers by linking other accounts or by email: no fees even if you send in crypto.
- Automatic currency conversion in transactions: you send your currency and the recipient will receive a transfer in crypto, for example.
- Lots of educational materials and tutorials: Uphold has prepared Cryptonory (a dictionary of cryptographic terms), an open API for apps and services developed by Uphold.
- Direct withdrawals: they are transferred to a bank, cryptocurrency exchange, or personal wallet without intermediaries.
- Access to 7 blockchain networks: More than what Coinbase offers.
- Low participation amount: only 10$ la is enough to start trading.
- Order limit feature: Customers can set maximum and minimum quantity of orders.
Uphold's the development team
Uphold is an international company with headquarters in London, UK. It serves over 184 countries with a total transaction value of over $4 billion dollars. The main objective of the company is to provide access to safe, transparent, fair, and affordable financial services to all people globally.
Uphold was launched in 2015 by a group of experts in finance and cryptocurrency. The company's founder, JP Thieriot, is also the chief executive officer. Currently, the team consists of ten professionals who contribute to its success and worldwide deliverability. You can find out about their background and education on the official website ( About section ).
Uphold's products
The range of products offered by Uphold is quite diverse. These include the following examples.
Cryptocurrencies
The platform features 58 crypto assets including major cryptocurrencies (like XRP ), altcoins, emerging coins, and stablecoins. There are banking connections to 36 countries on Uphold, so buying crypto is easy.
Just 11 clicks are enough to get new coins: you should choose the source of funds from your bank, card, and crypto wallet and choose the cryptocurrency you want to buy. There is a special field that will do all the calculations for you.
Note: property availability depends on region. USA and WW have a full stock. While UK / EU have a limited number, you can refer to the information below:
Precious metal
Users can buy gold, silver, platinum, and palladium to enjoy instant liquidity into 27 national currencies, as well as no depository fees. The process for buying precious metals is similar to those described above, but you should choose metal instead of cryptocurrency.
Stocks – Stocks
Uphold allows you to buy expensive US stocks for as little as $1. The platform's fractional shares service gives you prorated ownership and pays out announced dividends in cash. To buy shares, it is enough to simply select the funding method and select the desired stock.
Environmental – Environmental property
Platform users can participate in combating climate change by investing in Carbon Credit Tokens that support certified projects in the world's rainforests. There are two Tokens to invest in – UPCO2 and Bitcoin Zero (BTC0). They are listed among other Tokens and obtained in a similar manner.
Please Note: Precious Metals, Stocks, and Environmental Assets are not available to UK/EU users.
Services provided by Uphold
There are 2 basic types of services offered on Uphold. Users can choose between personal and business transactions.
Personal transactions
Any individual can join the Uphold platform and earn easily by trading cryptocurrencies, precious metals, and stocks. The platform offers one-step and commission-free trading on account creation, trading, credit and debit card deposits, bank and crypto withdrawals.
The all-inclusive price is locked in the previous transaction, so users see exactly how much they will receive. Furthermore, users who can make Bitcoin payments through the platform can get Bitcoin rewards for that.
Additionally, Uphold has a unique limit order feature:
- You can set up an order without locking money. This means that the balance is still available for clients to trade or invest.
- Because of the above, a client can have up to 50 concurrently executed limit orders using the same capital. This means that the client's initial capital is the value.
Business Transactions
Any transaction or company can sign up for an Uphold enterprise or partner account with the company to integrate its open API.
Businesses can get a number of benefits if they create an Uphold account including the following:
- Instant and secure transfers without conversion commissions.
- Low-cost currency converter.
- Free fund storage.
- Reach global customers with affordable international payments.
- Integrated fraud and compliance controls with integrated KYC, AML, and financial risk controls.
- State-of-the-art security measures ( Brave Browser ).
Instructions for Uphold to register for an account
It doesn't take much time and effort to join Uphold and get started. The process looks like this:
- Step 1: Access the website address below → Click Sign up
→ https://uphold.com/
- Step 2: Enter information including email, name login, and password, and select → Sign up
- Step 3: Check your email to confirm your account
So you have created an exchange account. Uphold floor now use it!
Note: Property availability depends on region. All investments and businesses are risky and may result in loss of capital. Cryptocurrencies are largely unregulated in most regions.
Advantages & disadvantages Uphold
As a trusted website among trading services, Uphold can boast a lot of benefits, although some disadvantages can also be found.
Advantages:
- No hidden fees and affordability.
- Smooth user interface.
- Anything to anything trading platform.
- XRP is available in the US.
- Trade with just one step.
- Mobile app – Mobile application.
Defect:
- The wide range of functions and features makes it difficult to master and take advantage of them all.
- Limited in many countries
Guide to buying digital currency
There are several steps to complete to receive funds on Uphold:
- Sign up for an account and verify your email address.
- Click the Buy crypto button.
- Select the deposit method, currency and enter the amount to be provided.
- Select the cryptocurrency to buy and enter the amount received.
- Check the commission and the amount you will get.
- Complete transactions and wait for Coins to arrive.
Digital wallet
Uphold offers digital wallets for all major cryptocurrencies listed today. These are wallets for the following assets: BTC, LTC, ETH, XRP, XLM, BCH, ADA, and DGB.
Debit card Uphold
Uphold offers the world's most flexible debit card that allows payments in cryptocurrencies, precious metals, stocks, different currencies, etc. Currently, the card is in the development stage but the team proposes to participate. Join the waiting list and get the following benefits with Debit Card:
- Get a physical or virtual card for online purchases.
- Instant access to the asset you want to pay for: just one tap is enough.
- Widely accepted: more than 50 million merchants and ATMs accept MasterCard.
- 2% commission on purchases made in crypto and 1% cashback on USD transactions.
Service charge
There are different fees for personal and business accounts.
Personal account
The upside spread for Buy crypto transactions in the US and Europe ranges from 0.8% to 1.2%. In other countries, this difference can be as high as 1.8%. When it comes to cryptocurrencies and low-liquidity Tokens including XRP, ZIL, OXT, UPT, DOGE, and others, the spreads can be much higher.
Also, there is a 0% deposit fee, 0% withdrawal fee, and 0% trading commission.
Business account
It's free to open and hold accounts, fund your accounts, and send and receive money for business accounts. However, the platform charges an exchange fee when customers convert between currencies and it is based on a percentage of the transaction value. Furthermore, a Price Protection Fee (approximately 0.75% of the market rate) is also included.
Crypto withdrawals are charged a commission of $2.99 la while depositing crypto to a bank account costs $3.99 la plus possible third-party fees.
Commissions for currencies and commodities vary depending on the currency and range from 0.65% to 3.95%.
Frequently asked questions
What is Uphold?
Uphold is a trading platform that takes an approach to everything and offers trading in cryptocurrencies, equities, precious metals, and equities in one place in one transaction.
What cryptocurrencies does Uphold support?
There are more than 50 cryptocurrencies listed on the platform, so the number of trading pairs is over 1,000.
How does Uphold work?
It is recommended that you register on the platform and enter your details to fund the transaction to receive the cryptocurrency you want to buy.
Are Uphold transactions expensive?
No, Uphold is one of the most affordable trading services with no hidden fees.
Does the Uphold mobile app offer full functionality?
Yes, that's right. It ensures full desktop functionality with the ability to execute trades within 30 seconds.
Customer support
Any questions and issues can be addressed to a representative of the Uphold platform's customer support team. These are multilingual experts who send inquiries via email at support@uphold.com or on Twitter @AskUphold.
Instant answers to questions can be obtained from the chatbot available in the lower right corner of the screen.
Conclude
Despite the fairly average Uphold reviews on Trustpilot, many users have appreciated the cryptocurrency trading capabilities offered on the platform and its diverse functionality. Its many benefits including low fees, simple registration procedure, instant trading is a big advantage for both new and experienced traders, so it would be remiss not to try trading on This convenient and easy to use service!
Hopefully through the article “What is Uphold Exchange? Uphold Exchange Guide” has helped you understand more information about Uphold Exchange.
