What is Uphold?
Uphold is an innovatively designed cloud-based financial platform that enables individuals and businesses to securely move, convert, hold, and transact across multiple assets within a single account. Unlike traditional crypto exchanges, Uphold offers multi-asset trading by supporting digital currencies, fiat money, precious metals, and selected equities.
Its mission is to reduce trading complexity, costs, and risks while increasing transparency and access to global finance for users worldwide.
Core Features & Functionality
- Multi-Asset Trading: Trade instantly between over 300 assets, including Bitcoin, Ethereum, gold, USD, EUR, and numerous US-listed stocks—all within one secure platform.
- Uphold Vault: A secure self-custody solution for Bitcoin and XRP featuring a 2-of-3 multi-signature wallet architecture for enhanced asset protection and key recovery support.
- Staking Rewards: Earn staking rewards up to 14% APY for supported cryptocurrencies, with instant staking and unstaking options through the platform.
- Borderless Payments: Use the Uphold Card (UK only) for spending assets globally anywhere Mastercard is accepted, with zero foreign transaction fees and compatibility with Apple & Google Pay.
- Easy-to-Use Mobile App: Manage your account on the go with native mobile apps available on iOS and Android, designed for simplicity and speed.
- Transparent Proof-of-Reserves: Uphold publishes its assets and liabilities every 30 seconds, ensuring full transparency and trust.
- Regulatory Compliance: Uphold adheres to stringent regulations across multiple jurisdictions including the UK FCA and US FinCEN, ensuring high standards of security and legal compliance.
- Automated Transactions: Set up recurring purchases for dollar-cost averaging or scheduled payments to simplify your financial management.
Why Choose Uphold?
Uphold stands out due to its multi-asset approach, allowing users to diversify their portfolios across traditional and digital assets without needing multiple accounts. The platform’s innovative Vault offers enhanced security combined with user-friendly key replacement services safeguarding your crypto.
The instant, one-step asset swaps without intermediaries reduce costs and execution times, while the Uphold Card delivers practical liquidity for crypto assets in daily spending.
Uphold’s emphasis on transparency, regular third-party audits, and 24/7 security monitoring establishes a trustworthy environment ideal for beginners and experienced investors alike.
How to Get Started with Uphold
1. Create your free Uphold account by signing up on the official website or downloading the Uphold mobile app.
2. Complete identity verification to access full platform features, including higher withdrawal limits and fiat exchanges.
3. Deposit funds in your choice of fiat or cryptocurrency via bank transfer, credit card, debit card, or crypto network transfer.
4. Explore the dashboard to buy, sell, convert, or send assets instantly. Add assets to your portfolio and use graphical tools to track performance.
5. Utilize advanced features like staking or scheduled recurring purchases to build your financial strategy.
Get Started on Uphold TodaySecurity & Trust
Uphold prioritizes security by using military-grade encryption and storing customer funds in segregated, insured accounts. The Vault’s multi-signature technology provides a safeguard against key loss or theft. Data privacy compliance with GDPR, CCPA, and UK Data Protection Act guarantees the protection of user information.
With continuous monitoring and rigorous third-party audits, Uphold maintains a high level of operational transparency and asset security, giving users peace of mind as they transact globally.
Frequently Asked Questions
What types of assets can I trade on Uphold?
You can trade cryptocurrencies, fiat currencies, precious metals like gold and silver, and select US equities, all in one account.
How does Uphold’s Vault enhance security?
The Vault uses a multi-signature wallet system requiring multiple keys; you hold two keys, Uphold holds one, drastically reducing risks of unauthorized access and providing key recovery options.
Can I earn rewards by staking on Uphold?
Yes, Uphold supports staking for over 15 cryptocurrencies, with rewards automatically credited to your wallet, offering competitive APYs.
Is Uphold regulated and safe to use?
Uphold is fully regulated in the US, UK, and EU with constant audits, proof-of-reserves transparency, and industry-grade security practices, ensuring your funds are safe.
What is the Uphold Card and where can I use it?
The Uphold Card lets users spend crypto, fiat, or metals anywhere Mastercard is accepted globally, with zero foreign transaction fees and compatibility with Apple and Google Pay.