What Is Uphold? Is It Safe? Which Currencies Can Uphold Store?

What Is Uphold?

Uphold is a cloud-based financial services platform supporting 30+ currencies (including fiat and cryptocurrencies) for users in 180+ countries. This digital wallet is designed for fast, easy asset storage, seamless fund transfers to other Uphold users worldwide, and instant currency exchanges.

Operating on a 100% reserve model, Uphold backs all member holdings one-to-one with its own assets. Since its 2015 launch, the platform has facilitated over $3 billion in transactions. Uphold is headquartered in the U.S.

Compatibility:

• Web browsers
• iOS 9.0+
• Android 4.1+

Costs and Fees

Account registration and wallet creation are free. However, fees may apply based on funding methods:

Uphold Deposit Fees and Limits

| Method | Fee | Limits |
|----------------------|-------------|-----------------------------------------|
| Debit/Credit Card | 3.99% | Min: $50/€50/£50 daily; Max: $500/€500/£500 daily |
| Bank Transfer (ACH) | Free | Min: $50 daily; Max: $500 daily |
| Bank Transfer (SEPA) | Free | Min: €75/£100 per transaction |
| Cryptocurrencies* | Free | No limits |

*Includes BTC, LTC, ETH, BAT, BCH, DASH, BTG, XRP.

Supported Currencies

Cryptocurrencies:

• Bitcoin (BTC)
• Litecoin (LTC)
• Ethereum (ETH)
• Basic Attention Token (BAT)
• Bitcoin Cash (BCH)
• Dash (DASH)
• Bitcoin Gold (BTG)
• Ripple (XRP)

Fiat Currencies:

• AUD, USD, EUR, GBP, CNY, JPY, CHF, INR, MXN, CAD, HKD
• NZD, SGD, KES, ILS, DKK, NOK, SEK, PLN, ARS, BRL, AED, PHP

Precious Metals:

• Gold (XAU)
• Silver (XAG)
• Platinum (XPT)
• Palladium (XPL)

How to Add Funds

Funding options vary by region (e.g., bank transfers aren’t available in Hong Kong).

Steps to Deposit Crypto:

1. Select a Uphold card → "Add Funds".
2. Choose "Fund with Crypto".
3. Select the cryptocurrency.
4. Copy your wallet address/scan QR code.
5. Initiate the transfer from your external wallet.

Making Payments

Steps to Send Crypto:

1. Select a Uphold card → "Use Funds".
2. Click "Send to Crypto Address".
3. Enter the recipient’s wallet address.
4. Input the amount and currency.
5. Confirm the transaction.

Is Uphold Safe?

Security features include:

• Two-Factor Authentication (2FA) for account access.
• Encrypted private keys to prevent hacking.
• 24/7 monitoring for suspicious activity.
• Regulatory compliance with FinCEN (U.S.) and FCA (U.K.).

Where to Get Uphold?

Sign up at uphold.com or download the app via Google Play/App Store.

Pros and Cons

Pros:

• Supports diverse assets (crypto, fiat, metals).
• User-friendly interface and mobile app.
• Fast transfers between Uphold users.

Cons:

• Limited funding options in some regions.
• Conversion fees apply.
• Fewer supported cryptos vs. competitors.

How to Register

1. Click "Go to Website" on Uphold’s page.
2. Submit your email, country, and phone number.

3. Verify your identity with:

   • Current address.
   • Government-issued ID.
   • A clear photo of your face.
4. Enable 2FA for added security.

👉 Explore Uphold’s features today!

FAQs

1. Can I use Uphold without verification?
No, identity verification is mandatory for all users.

2. Are there withdrawal limits?
Yes, limits vary by currency and account tier. Check Uphold’s website for details.

3. How long do bank transfers take?
ACH: 3–5 business days; SEPA: 1–2 business days.

4. Is Uphold available worldwide?
Yes, but certain services may be restricted based on local regulations.

5. What happens if Uphold shuts down?
User funds are held in reserve accounts, ensuring withdrawals remain possible.

6. Can I trade metals on Uphold?
Yes, gold, silver, platinum, and palladium are supported.