Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
Introducing Uphold, a multi-currency wallet that supports cryptocurrency, fiat currency and even precious metals.
Uphold is a digital money platform where users can buy, convert and store a wide range of assets. Not only does this virtual support 8 popular cryptocurrencies, but you can also exchange more than 20 fiat currencies and 4 precious metals.
But is Uphold the right wallet for your crypto holdings? To help you make up your mind, we’ve compiled this review of its features, fees and pros and cons.
Tim Falk is a freelance writer for Finder, writing across a diverse range of topics. Over the course of his 15-year writing career, Tim has reported on everything from travel and personal finance to pets and TV soap operas. When he’s not staring at his computer, you can usually find him exploring the great outdoors.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Uphold is a cloud-based financial services platform that supports more than 30 currencies (both fiat and crypto) and is available to users in over 180 countries. This digital wallet is designed to make it quick and easy to store assets, send funds to other Uphold users around the globe and instantly exchange between currencies.
Operating on a 100% reserve model, Uphold backs all member stores one-for-one with its own holdings. Since its launch in 2015, the platform has supported more than $3 billion in transactions. Uphold is headquartered in the United States.
Compatible with:
Web browsers
iOS 9.0 or later
Android 4.1 and up
How much does it cost?
It’s free to sign up with Uphold and create a wallet. However, depending on the funding method you select, you may need to pay deposit and/or withdrawal fees.
Fees and limits on Uphold
Bank transfers are only available through ACH for US residents and through SEPA for EU residents. Uphold’s Australian users can deposit either through credit card or debit card.
Update – July 2018: GBP bank deposits and withdrawals are temporarily not supported until further notice.
Deposit method
Fee
Limit
Debit/credit card
3.99%
Minimum: $50/€50/£50 per day
Maximum: $500/€500/£500 per day
Bank transfer (ACH)
Free
Minimum: $50 per day
Maximum: $500 per day
Bank transfer (SEPA)
Free
Minimum: €75/£100 per transaction
Bitcoin (BTC)
Free
None
Litecoin (LTC)
Free
None
Ethereum (ETH)
Free
None
Basic Attention Token (BAT)
Free
None
Bitcoin Cash (BCH)
Free
None
Dash (DASH)
Free
None
Bitcoin Gold (BTG)
Free
None
Ripple (XRP)
Free
None
Withdrawal method
Fee
Limit
Debit/credit card
–
–
Bank transfer (ACH)
$3.99 flat rate
Minimum:
$50/day
Maximum:
$10,000/day
Bank transfer (SEPA)
$3.99 flat rate
Minimum: $12 per day
Maximum: $59,000 per day
Bitcoin (BTC)
0.0003 BTC plus $2.99 flat rate
Minimum: 0.00001 BTC
Litecoin (LTC)
0.003 LTC plus $2.99 flat rate
Minimum: 0.25 LTC
Ethereum (ETH)
0.005 ETH plus $2.99 flat rate
Minimum: 0.001 ETH
Basic Attention Token (BAT)
10 BAT plus $2.99 flat rate
–
Bitcoin Cash (BCH)
0.0003 BCH plus $2.99 flat rate
Minimum: 0.00001 BCH
Dash (DASH)
0.0003 DASH plus $2.99 flat rate
(Dash InstantSend transactions attract a 0.001 DASH fee)
Minimum: 0.0001 DASH
Bitcoin Gold (BTG)
0.0003 BTG plus $2.99 flat rate
Minimum: 0.0001 BTG
Ripple (XRP)
0.1 XRP plus $2.99 flat rate
Minimum: 0.001 XRP
When you buy a currency or exchange one currency for another, Uphold also imposes a conversion fee. The fee that applies varies based on the currency used.
There are multiple funding options available with Uphold including bank transfer, credit/debit card deposit and cryptocurrency transfer. However, the options available to you may vary depending on where you live. For example, if you’re an Australian user, bank transfers aren’t available, so you’ll need to use either the cryptocurrency deposit or credit/debit card option.
Quick guide: How to add crypto to your Uphold wallet
To add cryptocurrency to your Uphold wallet, you’ll need to:
Choose the Uphold money card you want to use and click “Add Funds”.
Select the “Fund with cryptocurrency” option.
Choose the cryptocurrency you want to send.
Copy your wallet address or scan the QR code.
Use this information to initiate the funds’ transfer from your external wallet.
How do I make payments with Uphold?
Quick guide: How to make crypto payments with Uphold
To transfer cryptocurrency from your Uphold account, you’ll need to:
Choose the Uphold money card you want to use and click “Use Funds”.
Select the “Send to cryptocurrency address” option.
Enter the address of the wallet you’re sending funds to.
Enter the amount you’re sending and the currency of your choice.
Click “Confirm”.
How secure is Uphold?
Uphold offers several security measures to help protect user funds, including:
2-factor authentication. Uphold supports 2-factor authentication methods so you can set up an extra layer of security on your account.
Encryption. The private keys of customers are encrypted to protect against hacking.
24/7 monitoring. Uphold’s Security Operations Center monitors its systems 24/7 to detect suspicious activity.
Team security. Uphold also claims that its staff must adhere to strict security measures, for example, undergoing thorough background checks and using 2-factor authentication on all administrative accounts.
Regulation. Uphold is regulated by the United States Treasury Department regulator, FinCEN, and in Europe, it’s partnered with an Authorized Payment Institution regulated by the UK Financial Conduct Authority. As Uphold is a regulated financial service provider, it must also comply with global anti-money laundering controls.
Where can I get Uphold?
It’s free to sign up for an Uphold web wallet at uphold.com. If you want to manage your cryptocurrency on the go, mobile apps are available for download from Google Play (for Android devices) or the App Store (for Apple devices).
Pros and cons
Pros
Supports multiple cryptos, fiat currencies and precious metals
Easy to set up and use
Mobile apps also available
Supports 2-factor authentication
Quick and simple to send funds to any other Uphold user around the world
Cons
You may not be able to access all account funding methods in your country of residence
Conversion fees apply when buying or converting between currencies
Other wallets support a wider range of cryptocurrencies
What are the next steps if I want to sign up to Uphold?
If you’d like to sign up for an Uphold account, click one of the green “Go to site” links on this page and you’ll be securely redirected to the Uphold website. You can then register by providing your email address, country of residence and mobile number.
To become a verified member, you’ll also need to provide:
Your current residential address
Government-issued ID
A clear photo of your face
Finally, don’t forget to enable 2-factor authentication on your account before proceeding any further.
Frequently asked questions
Uphold is available to users in a long list of countries around the world, including the US. 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:
Central African Republic
Cuba
Iran
Libya
North Korea
Somalia
Sudan
Syria
To deposit from or withdraw to your bank account, you’ll need to reside in one of the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, the United States and the United Kingdom.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
I am having serious problems with uphold.com . They are not responding to my emails. I have 4600 EUR stuck in the account and they refuse to refund them! The money was sent from my bank account I want them refunded in the same account. I don’t know what to do! Please advise !
I’m sorry to hear your news. As we know, cryptocurrency does have a lot of process involved once you have invested on it.
For this matter, they might need more information on what is evidently happening to your money. We recommend for you to contact Uphold. They might have a customer support team who can help you about your concern and discuss with them in detail what is happening to your money.
Hope this helps!
Would you need additional assistance please feel free to chat with us using the chat box at the lower right hand corner of the page.
Thanks for getting in touch with Finder. I hope all is well with you. 😃
Uphold Cryptocurrency Platform is available in the United States and thus, it should be available in New York as well. Moreover, it is worth noting that this platform is also available to users in over 180 countries.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
I know there is a daily limit for usd withdraw. But what about xrp? If I decide to cash out then can I withdraw any amount at once? The market fluctuates so it would be ideal to withdraw all at once in order to avoid the value dropping.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
