Uphold is a platform that allows consumers to trade and store multiple assets in one place, including cryptocurrency. It offers fiat currencies such as the US dollar, yen and euro; gold bullion; electricity based on anything from North America or Eastern Europe to Africa or Australia; oil futures contracts for West Texas Intermediate crude oil

Uphold is an international money transfer service that allows users to send and receive money with ease. With Uphold, you can invest in multiple asset classes like stocks, bonds, commodities, and cryptos.

Uphold Review 2021 | Invest in Multiple Asset Classes

Do you wish you had access to a cryptocurrency exchange that also allows you to invest in precious metals and stocks? 

Enter the word “uphold.”

Uphold is a trading platform that allows you to purchase and sell a variety of assets, including some of the world’s most popular cryptocurrencies.

Is it, though, everything it’s talked up to be?

In this Uphold review, we’ll go through all the firm has to offer. We’ll look at how its “anything-to-anything” trade function works so you can determine whether it’s right for you.

What Exactly Is Uphold?

Uphold is a US-based startup that provides a trading platform for a variety of asset types, including cryptocurrency. Bitreserve was the company’s former name before it was rebranded in 2015.

Uphold bills itself as a trading platform that can trade “anything to anything.” This means you can use Uphold to trade cryptocurrencies for precious metals like gold and silver, as well as US equities, at the touch of a button.

Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

What Is Uphold and How Does It Work?

Anyone who want to utilize Uphold must first create an account. Here’s a breakdown of how it works.

The First Steps

Because Uphold is a global trading platform, investors from all over the world, including the United States and Canada, are able to open an account. However, the firm maintains a list of those nations that are not supported.

You’ll need to gather certain papers and personal information if you’re qualified to open an account. All investors must comply with the following requirements:

  • Name in full
  • Year of birth
  • Contact information through email
  • Number to call
  • Number assigned by the Social Security Administration (US residents)
  • Physical location

You must also provide evidence of residence and a government-issued picture ID.

Creating a Bank Account

You may open an account with Uphold either online or via the company’s mobile app. To do so, go to each platform’s sign-up page and click the sign-up button.

Entering your personal information is the first step in the onboarding process. After that, you’ll need to submit your identification and proof of address. Taking a photo while holding your verification papers is the last stage in the procedure.

Uphold will begin the process of validating your account as soon as you submit your application. Within a few minutes, the majority of new accounts are validated.

Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Alternatives to Funding

Uphold accepts a variety of payment options. US-based investors may fund their accounts using the following methods:

  • Bank transfer through ACH
  • Transfer of data by wire
  • Credit and debit cards are accepted.
  • Cryptocurrency transfers

Any crypto you acquire through an ACH bank transfer, on the other hand, will be subject to a 65-day hold before you may move it to an external wallet.

Uphold accepts a variety of cryptocurrencies.

Uphold allows investors to purchase and trade more than 60 cryptocurrencies. On the site, there are a number of notable cryptocurrencies, including:

Uphold also has a number of other assets available.

Environmental assets, precious metals, and US stocks are also supported by Uphold.

The following are some of the prominent equities featured on the platform:

In addition, there are four precious metals to choose from:

Finally, Uphold supports two emerging environmental assets: Bitcoin Zero BTC0 (which enables Bitcoin to be traded on the more energy-efficient Ethereum network) and Universal Carbon UPCO2 (which allows Bitcoin to be exchanged on the more energy-efficient Ethereum network) (a tradable carbon token on a public blockchain).

1639428258_713_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Maintain Characteristics

Uphold has a number of distinguishing qualities. If you join up, here’s what you can anticipate.

Platform for Trading Multiple Assets

Uphold’s multi-asset trading platform is perhaps the most unique of all its features. You may trade any supported asset (e.g., stocks, crypto, or precious metals) for any other supported asset using this platform.

For example, if you want to purchase Universal Gold UPXAU (an ERC-20 gold Token) but all you have are Apple (AAPL) stocks, you’d have to sell them for fiat cash in order to acquire gold. 

Uphold, on the other hand, simplifies the process by allowing you to exchange AAPL for UPXAU (or any other asset combination) with the click of a button.

Cryptocurrency Trading

Many investors join Uphold because it simplifies cryptocurrency trading. Uphold allows you to purchase and trade more than 60 cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH) (ETH).

Uphold also accepts a number of new cryptocurrencies that are difficult to obtain on other US exchanges. The firm’s trading interface is also user-friendly, making it perfect for first-time investors. 

1639428260_549_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Trading of Stocks

Uphold allows investors to purchase and sell US stocks as well as digital assets, unlike other crypto trading platforms.

The majority of the companies on the platform are large-cap firms. However, several of the world’s most popular ETFs, such as Invesco QQQ Trust Series 1 (NASDAQ: QQQ) and SPDR S&P 500 ETF Trust, are supported by Uphold (NYSEARCA: SPY).

This function is not accessible in the United States or the United Kingdom.

Trading in Precious Metals

All Uphold account users have access to gold, silver, platinum, and palladium precious metals trading.

When you purchase precious metals on Uphold, you are purchasing a digital certificate for metals housed in safe vaults all around the globe. Silver, platinum, and palladium acquired using the platform are all stored in GBI vaults.

Meanwhile, gold is exchanged on Uphold in the form of a token known as Universal Gold (UPXAU). The Perth Mint in Western Australia is backing these tokens with a single troy ounce of actual gold. 

There are no custody fees regardless of the precious metals you purchase on Uphold.

1639428261_363_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Trading in the Foreign Exchange Market

With the touch of a button, Uphold allows you to convert between two fiat currencies. 

Uphold, for example, allows investors to exchange US dollars for Euros. This kind of trading allows you to accumulate a stock of a fiat currency in the hopes of its value increasing in the future.

Of course, there are dangers involved with forex trading, and it is not suitable for everyone. However, Uphold enables trading 27 different fiat currencies in a single account simple.

Trading of Fractional Shares

Fractional shares trading is available on all US equities and ETFs on Uphold. This implies that a little piece of a single share may be purchased for as low as $1.

If you don’t have enough money to acquire a single share of a high-value company like Amazon, this might be useful (NASDAQ: AMZN). You may trade fractional shares to amass little quantities of a stock over time until you reach a single share.

1639428262_677_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Trading with no commissions

Commission-free trading are available on Uphold. This means you won’t be charged anything more on top of the listed price when you place a trade order.

This does not, however, imply that Uphold is a free platform (more on fees in a bit). Instead of charging a commission, Uphold absorbs the spread on all transactions. 

Taking the spread is a fancy way of saying pocketing the difference between a trading pair’s asking and selling prices. This may seem devious, but most exchanges operate in this manner (it’s how they generate money). Furthermore, many other exchanges impose a commission fee in addition to the spread, but Uphold just takes the spread.

Trading that is automated

Using Uphold’s automatic trading tool, investors may take advantage of the power of dollar-cost averaging.

It’s easy to understand how it works: You pick the item you wish to acquire, your financing method, the transaction amount, and the frequency with which you want to trade (e.g., weekly or monthly). This creates a recurrent transaction, allowing you to expand your portfolio over time without having to do anything.

You may also cancel your recurring trade from your Uphold account dashboard at any time.

Integration of Brave Rewards

Brave is a web browser based on Chromium, an open-source browser project that is also the basis for Google Chrome. 

When you use Brave to browse the web, you won’t see any conventional advertisements. Instead, you’ll see customized Brave advertising that show as a notice on your screen. You’ll get a little amount of Brave Attention Token for each Brave advertising you view (BAT). 

You may transfer your BAT straight to your Uphold account for free thanks to Uphold’s Brave Rewards Integration. You may HODL your BAT or swap them for any supported asset from here.

1639428264_585_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Maintain the Debit Card

The Uphold Debit Card is a multi-currency debit card that may be used at any MasterCard-accepting location. You receive both a real and a virtual card when you sign up for the Uphold Debit Card.

When you make a purchase, you may use any of the assets in your account, whether they are fiat money, precious metals, or cryptocurrency. Plus, when you spend fiat currencies with your card, you earn 1% back in rewards, and when you spend cryptocurrencies with your card, you get 2% back in rewards.

Educational Materials

Uphold account subscribers get unrestricted access to the firm’s outstanding educational offerings. The firm has a comprehensive library of educational materials, including articles and a “cryptonary” where you can look up meanings for common crypto terminology.

In addition, all investors on the site may sign up for the Uphold newsletter, which gives updates on the crypto market.

Maintaining the Business

The majority of Uphold’s services are aimed towards individual investors. Uphold for Business, on the other hand, allows business customers to use Uphold’s anything-to-anything platform.

Uphold also provides low-cost currency conversions, free money storage, fraud management, the TradeView platform, and a streamlined method to collect Brave Browser incentives for your company’s website to its business clients.

1639428266_727_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Maintain the Digital Wallet

Every Uphold account user receives custodial wallet services in addition to trading services. You may use this wallet to store, transmit, and receive any crypto or fiat currency that is supported.

In the app or on the website, you may create a wallet for any of Uphold’s supported assets. Then, using their email address, private wallet address, or QR code, you may send and receive crypto and fiat to any Uphold user. You may also transfer cryptocurrency to addresses outside of Uphold, although this is done via withdrawals rather than the Uphold Digital Wallet.

Maintain a Mobile App

The Uphold app is a full-featured mobile app that gives you a simple way to manage your account.

You may use the app to conduct trades, manage your money, and keep up with market news. The app works on both iOS and Android smartphones and has the same features as the company’s online platform.

Maintain Pricing and Fees

Uphold charges account holders a small number of direct fees. What you should know is as follows.

Fees for Deposits and Withdrawals

Both crypto and fiat currency deposits are free on the site. Furthermore, Uphold does not charge a fee for purchasing cryptocurrency using a credit or debit card.

All withdrawals from Uphold are also free, whether you’re withdrawing cash or crypto money. Uphold also allows you to transfer money to other Uphold users for free. 

However, if you withdraw cryptocurrency to an external wallet, you may be charged a network fee. The network, not Uphold, decides on these fees.

1639428267_107_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Fees for trading

When you deal with Uphold, there are no commission costs.

When trading crypto, precious metals, fiat currencies, and US stocks, however, you will be charged spread costs. The spread is the difference between a specific asset’s asking and selling price at any given moment.

Investors in the United Kingdom and the European Union pay different spread fees than those in the United States and other nations. As a result, we’ll concentrate on costs for individual traders in the United States and the rest of the globe outside of the United Kingdom and the European Union.

The following are the estimated spread fees on the platform for various asset classes:

  • 0.80 percent to 1.20 percent for cryptocurrencies
  • 0.20 percent to 0.85 percent for fiat currencies
  • Equities in the United States: 1%
  • 1.05 percent to 3.95 percent precious metals

It’s worth noting, however, that these spread fees are averages. They may not accurately represent the price you pay when you make a deal. So, before you finalize a deal, double-check the currency rate.

Maintain a high level of security and insurance

To keep your valuables secure, Uphold employs a variety of innovative security mechanisms. This includes increased encryption, continuous audits and testing, and a security staff on call 24 hours a day, seven days a week. Uphold also holds around 90% of customer crypto assets in offline cold storage facilities.

Uphold is also one of the few firms that discloses a complete inventory of all assets held in its reserves. The company’s transparency website displays the amount of cash it has on hand at any one moment.

In terms of insurance, assets kept on Uphold are not covered by the FDIC or SPIC.

Maintain high levels of customer service

If you have a query or a problem with your account, Uphold’s dedicated support sections can provide solutions to the most frequent issues.

Uphold’s sole other option for customer help is to submit an email-based support request. Uphold does not provide phone or live chat assistance.

1639428268_754_Uphold-Review-2021-Invest-in-Multiple-Asset-ClassesUphold (source)

Maintain Pros

  • A large variety of crypto assets are supported.
  • Trading in precious metals, currency, and US stocks is available.
  • Deposits and withdrawals are both free.
  • The UI is simple and easy to use.
  • It’s quite useful to have a trading platform that allows you to trade anything.
  • Corporate openness about assets kept on the platform is excellent.
  • All supporting assets may be purchased on a recurrent basis.

Maintain Cons

  • The spread costs on transactions might be quite different.
  • Crypto acquired through ACH transfers is subject to a 65-day hold.
  • There is no phone or chat assistance available.
  • Doesn’t have a sophisticated trading platform.

Alternatives should be supported.

Are you unsure whether Uphold is the best fit for you? Here are some more options to consider.


Coinbase is one of the major cryptocurrency exchanges in the world. Coinbase’s basic and sophisticated trading terminals enable investors to exchange bitcoins.

Coinbase account users get access to a variety of extra services. This includes a crypto-rewards Visa debit card and a video-watching program where you can earn free bitcoin.

The basic Coinbase trading platform has somewhat higher fees than Uphold. Coinbase also does not support non-crypto assets. However, for crypto-minded investors who want access to sophisticated trading options, it’s a viable option. To understand more, read our whole Coinbase review.


Robinhood is a prominent online brokerage that allows individual users to buy in stocks without paying a fee. 

You may also purchase and trade a few famous cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) (DOGE). On Robinhood, all crypto transactions are commission-free.

You can’t now withdraw bitcoin from your Robinhood account to an external wallet. As a result, it’s excellent for traders who don’t mind giving up control of their private keys to the brokerage. It might also be a good choice for investors who wish to trade equities and cryptocurrencies from the same account. To understand more, read our complete Robinhood review.

For Whom Is Uphold Most Appropriate?

Uphold is a great option for investors looking for a broader range of asset classes than can be found on a regular crypto exchange. Crypto, fiat currencies, precious metals, and US stocks are all supported by the company, which is unrivaled in the industry.

Furthermore, although Uphold’s costs are a little higher than those found on some of the more complex trading platforms, such as Kraken, they are still competitive. The company also makes it simple to set up regular transactions, making it a good option for investors who want to hold their assets for the long term.

Maintain the FAQ

Here are the answers to some of your most often asked Uphold queries.

Is Uphold a Legitimate Company?

Uphold is a completely legal trading platform. It’s a Money Services Business (MSB) with FinCEN in the United States. On the transparency portion of its website, Uphold also gives a real-time view of all assets held in its reserves.

Is Uphold a safe place to put my money?

The FDIC or SPIC do not guarantee funds held by Uphold. The majority of the platform’s crypto assets, on the other hand, are stored in safe cold storage. However, the most safe way to keep cryptocurrency is in a personal hardware wallet, where your private keys are kept secret.

Is there a Crypto Interest Account at Uphold?

At this time, Uphold does not provide cryptocurrency interest accounts. Other big exchanges, like as Gemini, BlockFi, and Celsius Network, provide crypto interest accounts.

Is there a Sign-Up Bonus at Uphold?

At this moment, Uphold does not provide a sign-up incentive. However, if the company adds new capabilities to its platform, this might alter at any moment.

Last Thoughts

For the beginner or inexperienced crypto investor, Uphold has a lot to offer. Anyone may easily place their initial trades thanks to the platform’s modern design and user-friendly interface. Additionally, Uphold is unique in the market in that it supports a broad variety of asset classes, making it an excellent choice for investors looking to diversify their portfolio.

Although Uphold’s costs are somewhat higher than those of a more modern trading terminal, they remain competitive in the market. While the lack of an advanced trading terminal may deter more experienced traders, Uphold is an exciting option for new investors looking for a simple way to buy and sell cryptocurrencies and other assets.

Watch This Video-

Uphold is a company that offers services for multiple asset classes. The review of the Uphold exchange will help you decide if this platform is the right one for your investment and trading needs. Reference: uphold exchange review.

Frequently Asked Questions

Is Uphold Safe 2021?

A: This is a difficult question to answer. Uphold has never been hacked and the company has strong security measures in place, but there are no guarantees that things wont go wrong.

Is it safe to keep crypto On Uphold?

A: Just because something is safe to do doesnt mean its always the best thing. If youre considering a cryptocurrency then make sure that your research shows that there are clear benefits of using this coin over others, as well as how much risk there would be if you were to invest in another digital currency such as Bitcoin or Ethereum

Whats the most you can withdraw from Uphold?

A: We are not allowed to give out specific information on what the highest limits for withdrawals.

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