Overview
The Uphold app offers a streamlined platform for purchasing cryptocurrencies with zero trading fees, making it an attractive choice for both beginners and seasoned investors. While it supports a decent selection of crypto assets, a significant limitation is its custodial model—most cryptocurrencies cannot be moved off the platform. Only major coins like Bitcoin (BTC), Ethereum (ETH), and XRP allow external wallet transfers.
Key Features
- Zero trading fees on crypto transactions.
- Supports multiple cryptocurrencies, including BTC, ETH, and XRP.
- User-friendly interface for quick purchases.
How to Buy Crypto on Uphold
- Sign Up: Create an account on Uphold’s website or app.
- Deposit Funds: Link a bank account or card to fund your account.
- Select Cryptocurrency: Choose from the available assets (e.g., BTC, ETH).
- Execute Trade: Confirm the transaction—no fees apply.
👉 Explore Uphold’s crypto offerings
Moving Crypto Off Uphold
Limitation: Most assets are custodial—only BTC, ETH, and XRP can be withdrawn to external wallets.
- Navigate to the "Transact" tab.
- Select "Send to External Wallet."
- Enter the wallet address and confirm.
Uphold Card
Uphold offers a debit card linked to your crypto holdings, enabling seamless spending.
FAQs
Can I trade altcoins on Uphold?
Yes, but most cannot be withdrawn—only BTC, ETH, and XRP support external transfers.
Are there fees for crypto trades?
No. Uphold charges zero fees for crypto transactions.
Is Uphold safe for beginners?
Absolutely. Its intuitive interface and fee-free model make it ideal for new investors.
Final Thoughts
Uphold excels with its fee-free trading and ease of use, but its custodial restrictions may deter advanced users. For passive investors, it’s a solid choice.
👉 Learn more about crypto wallets
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