Bahamas
|5-10 years
EMI License|
Digital Currency License|
Common Financial Service License|
MSB License|
Suspicious Overrun|
Medium potential risk
https://uphold.com/
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Influence
AA
Influence Index NO.1
United States 7.97
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FCARegulated
EMI License
DFIRegulated
Digital Currency License
FINTRACOver-Operation
Common Financial Service License
FinCENOver-Operation
MSB License
Common Financial Service License goes beyond their business with the Canada FINTRAC license (License No.: M21639172), please be aware of the risk!
MSB License goes beyond their business with the United States FinCEN license (License No.: 31000164595424), please be aware of the risk!
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Yesterday Vol
7 Days
Founded | 2015 |
Regulation | DFI regulated, FinCEN exceeded |
Supported Cryptocurrencies | 250+ |
Fees | 0.65%-3.99% |
Funding Methods | Debit/credit card, ACH, Wire transfer, Apple/Google Pay, Crypto network, FPS/SEPA |
Customer Service | Email, Address, Social media, Request form |
Founded in 2015, Uphold is a comprehensive cryptocurrency platform that offers a diverse range of over 250 tradable cryptocurrencies. With a focus on security, regulatory compliance, and user-friendly features, Uphold provides various payment methods for account funding and trading. While fees vary based on transactions, the platform offers educational resources through its blog to help users navigate the crypto landscape.
uphold offers a user-friendly platform, advanced trading features, and a wide array of services, including Cryptocurrencies, Metals, Stablecoins and National Currencies, making it a preferred choice for both beginners and experienced traders in the cryptocurrency market.
√ Pros | × Cons |
• DFI regulation | • Exceeded FINTRAC regulatory license |
• Multiple security measures available | • Spreads applied |
• Multiple payment methods | • Cold wallet not available |
• Numerous tradable cryptocurrencies | |
• Wide range of products and services | |
• Educational resources available |
Uphold has implemented several security measures to enhance the safety of its platform and user funds. Below measures are taken but not limited to:
• Two-factor Authentication
Uphold has implemented Two-factor Authentication (2FA). With 2FA, users are required to provide an additional verification step, typically through a mobile app or SMS code, in addition to their regular login credentials. This adds an extra layer of security and reduces the risk of unauthorized access to user accounts, ensuring a safer and more secure trading experience for its users.
• Regulatory Compliance & Anti-Money Laundering (AML) Controls
Uphold employs stringent KYC and Anti-Money Laundering controls to reinforce verification and identification processes, detecting and addressing suspicious activities. Moreover, Uphold is dedicated to adhering to legal requirements in the United States, Europe, and globally, ensuring a secure and compliant environment for its users.
• Strict privacy policy
At uphold, the implementation of a comprehensive privacy policy plays a pivotal role in fortifying their security measures. This policy is designed to safeguard the personal and financial information of their users, ensuring that sensitive data remains confidential and is not shared with unauthorized parties.
• PCI/DSS certified
Uphold holds PCI/DSS certification, which is one of the industrys most stringent and robust security measures in handling payment card data, keeps users' information secure and out of the hands of people who could use that data in a fraudulent way.
Uphold positions itself as a leading cryptocurrency platform by offering an extensive array of more than 250 tradable cryptocurrencies. Among the multitude of options, Uphold includes some of the most popular and widely recognized cryptocurrencies in the market: Bitcoin (BTC) \ Ethereum (ETH) \ Ripple (XRP) \ Litecoin (LTC) \ Cardano (ADA) \ Polkadot (DOT) \ Chainlink (LINK) \ Stellar (XLM)
Here's how you can do it:
Visit the Uphold Website:
Go to Uphold.com and click on the ‘Sign up’ button.
Enter Personal Information:
You will be prompted to enter your email address, phone number, and other personal details.
Email Verification:
After entering your details, Uphold will send you a link via email. Click on this link to proceed.
Create a Password:
Once you've clicked the link, you'll be asked to create a password for your new Uphold account.
Provide Usage Details:
Uphold requires information on how you plan to use their platform. This includes providing basic financial information like your employment status and the source of your funds.
Identity Verification:
The final step involves verifying your identity. This is typically done by providing a valid ID document and taking a selfie.
Start Trading:
Once these steps are completed, your account is ready to use. You can now start trading cryptocurrencies on Uphold.
Service fee:
Uphold offers a range of services fees for various activities on its platform.
Account opening and holding funds: free for active customers.
Bank transfers and cryptocurrency deposits: free.
Credit card deposits: 3.99%
Debit card deposits: 3.49% fee.
Sending and receiving money between Uphold customers: free.
Withdrawal fees: $2.99 for crypto and $3.99 for bank transfers, plus potential third-party costs.
Exchanges fees for Converting or buying currencies or commodities: with slight differences between buy and sell prices for price protection as below.
Asset | Fee |
USD, EUR, GBP, UPUSD, UPEUR, TUSD, USDT, USDC, DAI | 0.65% |
AUD, CAD, DKK, HKD, JPY, MXN, NZD, NOK, SGD, SEK, CHF | 0.95% |
BTC, UPBTC | 1.05% |
ARS, BRL, ILS, KES, PHP, PLN, AED, CZK, HUF, RON, HRK | 1.15% |
DASH | 1.25% |
Cryptocurrencies and Environmental Assets | 1.4% - 1.95% |
XAU, UPXAU | 2.05% |
XPD | 3.05% |
XAG | 3.65% |
XPT | 3.95% |
Payment methods available for US customers
Method | Depositing | Withdrawing | Processing Time |
Debit/credit card | ✔ | ✘ | Instant |
ACH | ✔ | ✔ | Instant |
Wire transfer | ✔ | ✘ | 1-3 business days |
Apple/Google Pay | ✔ | ✘ | Instant |
Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times |
Payment methods available for EU/UK customers
Method | Depositing | Withdrawing | Processing Time |
Debit/credit card | ✔ | ✘ | Instant |
FPS/SEPA | ✔ | ✔ | Instant |
Wire transfer* | ✔ | ✘ | 1-3 business days |
Apple/Google Pay | ✔ | ✘ | Instant |
Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times |
Payment methods available for CA customers
Method | Depositing | Withdrawing | Processing Time |
Debit/credit card | ✔ | ✘ | Instant |
Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times* |
Payment methods available for non-US/EU/UK/CA customers
Method | Depositing | Withdrawing | Processing Time |
Debit/credit card | ✔ | ✘ | Instant |
Apple/Google Pay | ✔ | ✘ | Instant |
Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times* |
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