Is Uphold available in Canada?

No, as of June 11, 2025, customers in Canada can no longer open an Uphold account, and existing Canadian account balances are limited to CAD withdrawals only. If you opened an account prior to this, you'll have until September 8, 2025 to withdraw your funds form the platform. After the deadline, any remaining crypto will automatically be converted into CAD and held unless Uphold is required to surrender it according to Canadian unclaimed property laws.

How much are Uphold fees?

Uphold charges trading fees as well as a spread. The exact size of its trading fees in Canada weren't specified online, but fees in the US, UK and the rest of Europe generally range from 0.25% to 2.95%. Canadian users could previously expect to pay 3.99% for fiat deposits and $0.99 for crypto withdrawals. Trades under $500 costed $0.99 plus spreads.

Yes, Uphold is a legitimate crypto platform that's regulated by FinCEN in the US and the FCA in the UK. When the platform was in Canada, it was pre-registered with the Ontario Securities Commission (OSC) but had yet to become registered with the Canadian Securities Administrators (CSA).

Where is Uphold available?

Uphold is available to users in a long list of countries around the world ( excluding Canada ). You can find a full list of supported countries on the Uphold website. However, residents from the following countries can't access Uphold's services: Anguilla Antarctica Armenia Azerbaijan Barbados Bouvet Island Cambodia Canada Central African Republic Chad Cuba Eritrea Fiji French Southern Territories Guinea Heard and McDonald Islands Iran Lebanon Liberia Mali Mauritania North Korea Palau Samoa South Sudan Sudan Syria S. Minor Outlying Islands Vanuatu Virgin Islands (US)

Can I transfer to and from my bank account and Uphold account in Canada?

No. Uphold doesn't support bank transfer deposits or withdrawals in Canada. Customers could previously transfer into their Uphold accounts via debit, credit, Apple Pay or Google Pay and withdraw certain cryptos to external wallets. However, Uphold customers in some countries like the US and UK can make bank transfers.

Julia Magas

Contributor

Julia Magas is an analyst and writer specializing in cryptocurrency and fintech market trends. Her work has been featured in leading financial publications such as Nasdaq, InvestorPlace, Cointelegraph, and Investing.