Uphold Review 2025

Uphold Exchange offers over 300 cryptocurrencies for trading, staking with 13.8% APY, three user levels with special features, and a 1.4% fee for Bitcoin and Ethereum.

All assets on Uphold crypto are 100% reserved, and over 165 million transactions worth over $53M have been processed on the exchange to date.

Uphold Information + Regulation

Uphold, a financial technology company registered by “Uphold Lithuania UAB”, operates under strict regulatory compliance to ensure the safety and security of its users' assets and data.

The platform is licensed under several important regulatory frameworks:

• General Data Protection Regulation (GDPR)
• California Consumer Privacy Act (CCPA)
• UK Data Protection Act

Founded in 2013 by “Halsey Minor”, a tech entrepreneur known for founding CNET.

The platform connects to 28 trading venues, including centralized and decentralized exchanges, Layer 2 solutions, and rollups, enabling fast and diverse execution routes.

With a global user base of more than 10 million across 180+ countries, Uphold has built its reputation on simplicity and accessibility.

The exchange is especially suited to beginners and long-term holders, thanks to its streamlined onboarding, support for credit/debit deposits, and an automated DCA tool.

CEO Introduction

Uphold’s Chief Executive Officer, Simon McLoughlin, leads the platform with a strong background in fintech, digital payments, and blockchain-driven financial services. With years of executive experience across global financial firms, he has positioned Uphold as a reliable multi-asset ecosystem serving millions of users worldwide.

Under his leadership, Uphold focuses on transparent operations, seamless cross-asset trading, and innovative payment infrastructure. Simon’s track record in strategic growth, compliance, and institutional partnerships has strengthened Uphold’s role as a trusted platform for both retail and professional traders.

To connect with Simon, go through the link below:

• Simon McLoughlin LinkedIn

Summary of Key Features

Uphold crypto exchange offers a range of features that make it an attractive option for users looking to trade multiple asset classes. Uphold Key Features:

Advantages and Disadvantages

To provide a balanced view, let's review the pros and cons of using Uphold:

Uphold Exchange User Levels Structure

Uphold employs a three-tier reward structure for its users, encouraging account verification and increased platform engagement:

Level 1 (Non-Verified Users)

• Limited access to features and benefits
• Rewards on stablecoins such as USBC, USDC, and RLUSD

Level 2 (Verified Users)

• No transaction limit
• Access to more features, including Bank transfer deposits and withdrawals
• Pre-release access to new currencies and money cards
• Insider tools, tips, and product information

Level 3 (Premium Users)

• Additional exclusive benefits such as 24-hour early access to trade new currencies
• Enhanced trading capabilities and customer support

As users progress through these levels, they gain access to more features and benefits on the Uphold platform.

The primary requirement for advancing is completing the identity verification process to become a "Verified User".

How Much are the Commissions and Fees on Uphold Exchange?

In this section of the Uphold review, we’ve reached the fee structure. Uphold's fee structure is transparent but generally higher than some of its competitors. Here's a breakdown of the fees:

• Bitcoin (BTC) and Ethereum (ETH): 4 to 1.6% spread
• Altcoins: 9 to 2.95% spread
• Fiat Currency Conversions:2 to 1.8%spread
• Deposits: Free for most methods
• Withdrawals: Free for crypto, nominal fee for fiat currencies

How many Coins & Tokens are Tradable in Uphold?

The exchange offers an impressive selection of over 300 cryptocurrencies.

Uphold crypto coins:

• Bitcoin (BTC)
• Ethereum (ETH)
• Ripple (XRP)
• Litecoin (LTC)
• Cardano (ADA)
• Dogecoin (DOGE)
• Solana (SOL)

Note: In addition to cryptocurrencies, Uphold also supports trading in:

• Fiat currencies (USD, EUR, GBP, etc.)
• Precious metals (Gold, Silver, Platinum, Palladium)

This wide range of assets allows users to diversify their portfolios and take advantage of Uphold's unique "Anything-to-Anything" trading feature.

Futures & Margin Trading: Are They Available?

Uphold does not support futures or margin trading. The platform focuses on spot trading and its "Anything-to-Anything" model, which allows for quick and easy exchanges between supported assets.

Uphold Registration and Verification: How to Do So?

The registration process on Uphold Exchange is similar to other exchanges and is carried out in 4 steps:

#1 Create Your Account

Visit the official Uphold website and click “Get Started”. Enter these details:

• Email
• Password
• Country
• State/province

#2 Email Verification

Check your inbox and confirm your registration by clicking the email verification link sent by Uphold.

#3 Complete Personal Details

Provide personal details such as your full name and date of birth to complete your basic profile.

#4 Verify Your Identity

To enable full access, upload a government-issued ID, a recent proof of address (e.g., utility bill or bank statement), and a live selfie for facial recognition.

Once your identity is verified, you'll have access to all of Uphold's features and higher transaction limits.

How to Trade on Uphold Exchange

Executing a trade on Uphold simply requires selecting where your funds will come from, whether a fiat balance or a cryptocurrency, and choosing the asset you want to receive. After specifying the amount, Uphold provides a preview so you can verify rates and details before finalizing.

Mobile Workflow

Here's a trading guide on the mobile application:

1. Open the app and tap "Transact" from the home screen;
2. Pick your source account and the destination asset;
3. Enter the desired amount;
4. Review the quoted terms under "Preview trade";
5. Confirm the operation to place the order.

Web Workflow

If you wish to trade on web, follow the instructions:

1. In the "Anything to Anything" interface, choose "Transact";
2. Select the account you’re trading from and the asset you’re converting into;
3. Input the amount;
4. Check the pricing and details shown in "Preview trade";
5. Approve the transaction by clicking "Confirm trade".

Platforms and Applications (Mobile App & UpHODL Wallet)

Uphold offers 3 platforms and applications to cater to different user preferences:

• Web Platform: A full-featured trading interface accessible through any modern web browser.
• Mobile Applications: Proprietary app for Android and iOS devices, offers most features available on the web platform.
• UpHODL Web3 Wallet: A multichain, self-custodial wallet available for Android and iOS

Uphold Exchange Services

The table below provides an insight into the additional services and products offered by the exchange:

Security: Is It Safe to Use Uphold Crypto?

As of the Uphold review, the exchange uses various methods to secure users' assets and places a significant emphasis on safety. Uphold Security:

• Two-Factor Authentication (2FA): Adds an extra layer of security to user accounts
• Encryption: Utilizes industry-standard encryption for data protection
• Regular Auditing: Conducts independent audits to identify and address vulnerabilities
• Regulatory Compliance: Adheres to AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations
• SOC 2 Type 2 Certification: Demonstrates commitment to security, availability, and confidentiality of customer data
• ISO 27001 Certification: Indicates adherence to international information security management standards
• PCI DSS Compliance: Ensures secure handling of payment card information

Also, it's worth noting that Uphold has a strong track record with no reported breaches or fund losses.

Despite these strengths, it's important to note that Uphold does not offer deposit insurance, a drawback shared by many competitors in the crypto exchange space.

Payment Methods

Uphold supports 6 payment methods to accommodate different user preferences:

• Credit/Debit Cards: Quick and convenient for small purchases
• ACH (Automated Clearing House): For US-based users, allows direct bank transfers
• Wire Transfer: Suitable for larger transactions, may involve additional fees
• Apple Pay: Convenient for iOS users
• Google Pay: Easy option for Android users
• Cryptocurrency Deposits: Direct transfers from external wallets

Note: The availability of these payment methods may vary depending on your location and account verification level.

Uphold Exchange Trust Scores

When considering any financial platform, it's crucial to look at user reviews and trust scores. For Uphold, the scores are mixed:

• Uphold Trustpilot: 2.6/5 stars based on over 9,500 reviews

• Uphold REVIEWS.io: 2/5 stars based on more than 50 reviews

These scores indicate that while some users have positive experiences with Uphold, there are also significant concerns. Common issues reported by users include:

• Account freezes
• Difficulties with withdrawals
• Slow customer support response times
• Lack of transparency in certain situations

It's important to approach these reviews with a balanced perspective, as dissatisfied customers are often more likely to leave reviews than satisfied ones.

Uphold Features

Here's a table summarizing the exchange's additional features:

Uphold Bonuses and Promotions

This exchange launches occasional promotions and bonuses for its clients. Currently, it has 3 active programs which will be reviewed in the following sections:

Rewards Promotion

Uphold offers an exciting opportunity to earn rewards simply by completing everyday challenges. Here’s how you can unlock the benefits.

Level 1: Earn Rewards on Stablecoins

Enjoy up to 5.25% rewards on USDC, 5% on RLUSD, and 2% on USDC, just by holding stablecoins in your Uphold account.

Level 2: Exclusive Special Token Report

Gain access to exclusive reports, helping you identify promising blockchain tokens and guiding your trading decisions.

Level 3: Trade New Tokens First

Get VIP early access to new token listings, allowing you to trade them before anyone else on Uphold.

How to Unlock Rewards

To unlock all rewards, complete three simple challenges each month:

1. Open the App: Check your Uphold account at least once a month;
2. Deposit $50: Deposit at least $50 monthly;
3. Trade $50: Complete trades worth at least $50 each month.

Each completed challenge brings you closer to higher levels of rewards.

XRP Direct Deposits Bonus

Uphold is offering a fantastic opportunity to earn 4% back in XRP every payday through direct deposits. This promotion is a great way to receive extra rewards every time you get paid.

How to Get Started:

1. Copy Bank Details: Open your Uphold app, tap the 'Deposit' shortcut, and select 'USD unique account' under 'Regular bank transfer';
2. Set Up Direct Deposit: Add Uphold as a new direct deposit provider using the details you copied. Make sure your direct deposit is at least $250 to qualify.

The Reward:

• Get 4% back in XRP for every direct deposit;
• The maximum XRP reward is capped at $500/month;
• To qualify, direct deposits must be $250 or more.

Uphold Referral Program

Uphold’s Referral Program allows both Eligible Referrers and Qualified Referrals to earn rewards when participating in the program. Each Eligible Referrer and Qualified Referral will receive a $50.00 reward for each Qualified Referral, subject to terms and conditions.

Eligibility Criteria:

• Eligible Referrers: Must be verified members of Uphold, aged 18 or older, and residents of eligible countries;
• Eligible Referrals: Must be new Uphold customers who have not registered previously, and they must meet the same residency requirements.

Qualified Referrals:

• A Qualified Referral must open an account through an Eligible Referrer’s unique referral link;
• The referral must complete the account verification process and fund their account with at least $100.00 during the promotional period.

The promotion runs from January 1, 2025, at 12:00 AM EST until December 31, 2026, 11:59 PM EST, subject to modification at Uphold’s discretion.

General Terms:

• Uphold is not responsible for any costs associated with claiming rewards;
• Rewards are not transferable and cannot be exchanged for cash;
• Eligible Referrers are responsible for reporting and paying any taxes associated with the rewards;
• Any violation of terms, such as fraudulent or technical manipulation, will result in disqualification from the program.

Support: Channels & Hours

Uphold provides24/7 support via 4 channels:

• Email Support: support@uphold.com
• Phone Call: +1 (888) 821-0966
• Help Center: Comprehensive FAQs and guides for self-help
• Indoor Meetings: Available in 5 office locations, including the USA Bay Area, London, Porto, Braga, and New York

What Investment Options are Available at Uphold Exchange?

Uphold offers limited options for passive income generation:

• Staking: Users can stake 19 cryptocurrencies with 8% APY

• Crypto Rewards Card: UK users can earn crypto rewards on their spending using the Uphold Card

It's important to note that Uphold does not offer copy trading features, which may be a drawback for users looking to follow successful traders' strategies.

Uphold Exchange Restricted Countries; What Countries are Banned?

Due to regulatory requirements, Uphold is not available in all countries. Some of the restricted locations include:

• North America & Caribbean: Anguilla, Barbados, Cuba, Virgin Islands (U.S.), S. Minor Outlying Islands
• Asia: Armenia, Azerbaijan, Cambodia, Iran, Lebanon, North Korea, Syria
• Africa: Central African Republic, Chad, Eritrea, Guinea, Liberia, Mali, Mauritania, South Sudan, Sudan
• Oceania: Fiji, Palau, Samoa, Vanuatu
• Antarctica & Surrounding Territories: Antarctica, Bouvet Island, French Southern Territories, Heard and McDonald Islands

Users in these restricted locations may have limited account access or be required to close their accounts.

Comparison with Other Exchanges

Here's a table comparing the reviewed platform with other exchanges in the industry:

Writer's Opinion and Conclusion

With features like Anything-to-Anything trading, a Web3 wallet for Android and iOS, SOC 2 Type 2 Certification, and encryption of user assets, Uphold crypto has earned a score of 2.6 out of 5 on Trustpilot.

However, the exchange does not support futures trading or copy trading and only has 19 currencies for staking.