Uphold Review

Uphold Ratings at a Glance

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong

What Is Uphold?

Founded in 2015, Uphold is a multi-asset trading platform that lets users buy, sell and swap cryptocurrencies, stablecoins, precious metals and fiat currencies. Unlike traditional crypto exchanges, it allows direct trades between different asset classes. For example, you can trade Bitcoin for gold in one step.

Key features include:

• Crypto trading: 260+ cryptocurrencies supported.
• Precious metals: Gold, silver, platinum and palladium.
• Fiat trading: Supports 20+ national currencies.
• Autopilot: A dollar-cost averaging (DCA) feature for automated trading.
• Vault Storage: Assisted self-custody solution for enhanced security (Bitcoin & XRP only).

Uphold keeps things simple and transparent when it comes to pricing. No hidden commissions, no surprise withdrawal fees. Instead of traditional maker/taker fees, Uphold uses a spread-based pricing model, which means the platform makes money from small price differences when you buy or sell.

While spread fees on lower-liquidity cryptos can be higher than some competitors, Uphold makes up for it with instant swaps, access to multiple asset classes and an easy, commission-free structure. If you value transparency and convenience, Uphold’s pricing model is a fair trade-off for the features you get.

Uphold’s biggest advantage is its cross-asset trading, which lets users swap between asset classes without first converting to fiat. The Autopilot feature makes recurring buys easy, helping investors take advantage of dollar-cost averaging. For those looking for extra security, Uphold Vault offers assisted self-custody for Bitcoin and XRP, with plans to expand to more assets soon.

With zero deposit or withdrawal fees and an intuitive dashboard, Uphold is a strong platform for users who want a hassle-free trading experience.

Uphold has one of the most diverse asset selections in the industry, supporting over 260 cryptocurrencies, stablecoins and precious metals like gold, silver and platinum. Users can trade between 20+ fiat currencies, including USD, EUR, GBP and JPY. Whether you’re looking for major cryptos like Bitcoin and ethereum or lesser-known altcoins, Uphold likely has what you need.

Uphold operates in 180+ countries, giving global access to its trading platform. Certain U.S. states, like New York and Texas, have restrictions on some services such as staking. The platform is unavailable in a few countries, including Afghanistan, Cuba, Iran, North Korea and Syria. For most users, though, Uphold offers a truly global trading experience.

Uphold’s clean design makes trading simple for both beginners and experienced investors. The sign-up process is quick, requiring basic KYC verification before you can start trading. The dashboard is customizable, allowing users to track and trade multiple assets in just a few clicks. The one-step trading process eliminates the hassle of multistep conversions, making the platform a frictionless experience.

The Uphold mobile app is highly rated, with 4.7 stars on iOS and 4.2 stars on Android. It mirrors the desktop experience with a user-friendly interface, real-time price tracking and easy asset swaps. Two-factor authentication (2FA) adds an extra layer of security. While the app lacks advanced trading tools, it’s perfect for quick and easy trades on the go.

Uphold stands out with its Autopilot feature, which allows users to automate purchases and reduce market volatility through dollar-cost averaging. The Vault storage option provides an extra layer of security for Bitcoin and XRP, with plans to expand to other assets. While there’s room for more educational resources, Uphold’s design and feature-rich platform already offer great value to users.

Uphold offers multiple support options, including a live chat feature on its app, a detailed FAQ section and social media support. While phone support isn’t available, email inquiries are typically handled within a reasonable time frame. Some users have reported slow response times, but overall, customer support is solid compared to other exchanges.

Uphold takes security seriously, using two-factor authentication (2FA) and cold storage for most assets. It is a 100% reserve platform, meaning it does not lend out customer funds, making it more secure than many competitors. Users also benefit from real-time asset transparency, as Uphold publicly displays its assets and liabilities.

Uphold is one of the best multi-asset trading platforms, offering easy trade between crypto, fiat and metals. Its commission-free structure, wide asset selection and beginner-friendly interface make it a strong choice for traders of all levels. While spread fees can be higher for certain assets, the ability to trade across different asset classes in a single step makes it a standout platform.

Uphold is a top-tier option for those seeking an easy-to-use, secure and transparent trading experience.

Uphold vs. Competitors

Compared to Coinbase and eToro, Uphold stands out with its multi-asset trading capabilities and a larger selection of cryptocurrencies. While it lacks advanced trading tools, it’s an excellent all-in-one trading solution for diversifying beyond crypto.

FAQs

Uphold Disclaimer: Uphold offers Cryptoasset investing within the EU/UK (by Uphold Europe Limited) USA (by Uphold HQ Inc).  

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and there's no safety net if things go south. The Uphold Card is issued by Optimus Cards UK Limited, a principal member of Mastercard and fully authorized by the FCA.