Uphold was launched in 2015, and since then it has handled more than $4 billion in transactions, trading in 184+ countries with more than 30 currencies.
Uphold allows clients to trade directly between different asset classes in one transaction – so you can trade anything to anything.
With Uphold, you can trade 58 digital currencies, precious metals like gold, silver, platinum and palladium, as well as fractional equities in shares of US companies like Amazon, Tesla and Apple.
Uphold also focuses on Socially Responsible Investing (SRI) by providing an opportunity to trade on carbon tokens for more than just a financial return.
New traders will like the transparent pricing – there are no commission or account fees, and no withdrawal or deposit costs, but the trading fees are built into the spread. Uphold will present a complete price for each trade that includes fees, so you will know exactly what the trade will cost.
Uphold has a quite simple trading platform that is available on the web, as a desktop application and on mobile.
Uphold also offers a debit card option, where you can pay for goods and services using any asset in your portfolio – and earn cashback as well as crypto on your purchases.
Uphold has several wallets suitable for different currencies, with no custody costs, which is great for traders who buy through the exchange.
There are separate wallets for:
- Bitcoin Cash
- Bitcoin Gold
The Uphold wallet has rigorous safety standards built in, and around 90% of all crypto held by Uphold is stored offline in cold storage.
You can use wallets on Uphold to make payments to vendors as well as storing and transferring funds.