About Uphold
What Is Uphold?
Uphold is a multi-asset digital money platform founded in 2013 and launched in 2015. It enables users to trade cryptocurrencies, precious metals, and fiat currencies seamlessly across asset classes. The platform emphasizes transparency, security, and low fees, making it a popular choice for global investors.
Key Features:
- 250+ cryptocurrencies supported.
- Precious metals like gold and silver available for trading.
- Fiat currency pairs with competitive spreads.
- No hidden fees—all costs are displayed upfront.
Understanding Uphold Fees
Trading Fees Structure
Uphold charges no traditional trading fees. Instead, it applies:
Spread Fees: A small percentage added to each transaction (varies by asset and market conditions).
- Cryptocurrencies: 0.05%–1.8% (depending on liquidity).
- Fiat currencies: 0.05%–0.2%.
- Precious metals: ~3% premium.
- Transaction Fee: $1 for transfers under $100 (excludes card purchases and automated trades).
Deposit & Withdrawal Fees
- Debit/Credit Cards: 2.49% fee per transaction.
- Bank Transfers (ACH/Wire): Free for most U.S. and E.U. users (limits apply).
- Crypto Withdrawals: Network fees apply (e.g., 0.0003 BTC for Bitcoin).
Account Types & Fees
Personal Account
- No account maintenance fees.
- Free fund transfers between Uphold users.
Business Account
- Volume-based pricing for U.K./E.U. businesses.
API Services:
- Standard Plan: $0.99 + 3% per transaction.
- Enterprise Plan: Custom pricing.
Security Measures
- Cold Storage: 90% of assets stored offline.
- Insurance: Coverage for security breaches.
- KYC Compliance: Mandatory verification for all users.
👉 Learn more about Uphold’s security
FAQs
Q: Does Uphold charge trading fees?
A: No—only spreads (0.05%–1.8%) and a $1 fee for small transactions.
Q: How long do ACH deposits take to clear?
A: 65-day hold for withdrawals (U.S. only), but trades can begin immediately.
Q: Is Uphold safe for crypto trading?
A: Yes, with cold storage, insurance, and a clean security record.
Final Thoughts
Uphold offers a transparent, low-cost platform for trading diverse assets. Its all-inclusive pricing and robust security make it ideal for both beginners and experienced traders.
Disclaimer: Crypto assets are volatile. Invest at your own risk.