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Uphold Review 2022 – How Much Can You Make?

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Uphold Review

uphold logo

With minimum deposit of $1, Uphold is a good platform to consider for beginner investors. Uphold is worth it for most people looking to expand their assets in the digital currency market. With its wide selection of digital currency stocks, you can look for crypto to invest in. You can also send money to your friends and family using your crypto and they’ll receive the fiat value of it.



Safe & Legit

Service Fees

Min Investment

Payout Process


  • Access many assets besides crypto stocks
  • Free withdrawals
  • $0 account maintenance fees
  • Seamless currency conversion


  • Limited resources for new users
  • High trading fees

Jump to: Full Review

Compare to Other Crypto Exchanges


BlockFi logo

Buy, sell, and trade a variety of cryptoassets at competitive prices

Up to 1.5% back in crypto on every purchase with Rewards Credit Card

Earn interest on Bitcoin or borrow money at rates as low as 4.5% APR


Coinbase logo

Store all of your crypto and NFTs in one place (100 cryptocurrencies)

Earn crypto rewards with Coinbase Visa debit card (up to 4% cashback)

$2 account minimum and 0.5% – 4.5% fees varies by type of transaction


Uphold logo

Choose from 220+ digital assets including Bitcoin, Ethereum and XRP

Start trading with as low as $1 with 0% bank deposit and withdrawal fees

Cryptocurrencies spread – 0.8 to 1.2% on BTC and ETH in USA and Europe

How Does Uphold Work?

Uphold is a cloud-based financial platform where you can find various assets to invest in. It was launched in 2015 in the US, with its headquarters located in Charleston, South Carolina. The platform operates in 184 countries, getting more than 1.7 million users. 

Uphold hosts various assets you can choose to invest in. These include:  

  • cryptocurrencies 
  • fiat money
  • precious metals
  • yield/credit products
  • crypto-backed debit cards

With its “anything-to-anything” format, you can trade your assets to other forms. The simplest example is by trading your fiat money to cryptocurrency, like Mexican Pesos to DASH.

As a crypto trading platform, how it works is quite similar to other platforms these days. You’ll need to start by creating a verified account. Then, you can link your bank account, credit, or debit cards to start funding your investments. 

With your account, you can buy and sell over 50 crypto stocks, letting you discover the next bitcoin. There are also 27 fiat currencies you can trade. If you’re looking to invest in precious metals, Uphold has 4 of these. Uphold claims they’ll be adding more assets. 

It also works as a cryptocurrency exchange platform. You can spend your digital currency assets using its debit card. Uphold offers a feature where you can instantly send and receive money from your USD, bitcoin, or gold assets. 

Finally, you can liquidate and withdraw your assets to your bank account in over 40 countries. Uphold also allows you to withdraw your cryptocurrency stocks to other wallets. 

How Much You Can Earn With Uphold?

Buying and selling are the usual ways you can earn money on any crypto trading platform. Considering that, how much you can earn might be hard to gauge as it depends on market forces. 

But with Uphold, you can also make money through other ways besides trading. Staking your crypto stocks can help you earn up to 10.5% APY. 

Uphold Reviews: is Uphold Legit?

Uphold is a legit and safe platform where you can place your hard-earned money in digital currency assets. It has a 4.2 rating at G2 and a 3.4 rating at the Apple App Store. Meanwhile, users at the Google Play Store gave it 3.3 ratings.

Review SiteReview Score
Apple App Store3.4
Google Play Store3.3

Users liked how Uphold made it easy to convert fiat and crypto currencies. They also appreciate how making payments is more convenient regardless of location. 

On the other hand, some users encountered issues with accessing their accounts after moving to another device. Others also had problems with the app glitching and unexpectedly closing on their devices. 

Who is Uphold Best for?

Uphold is an ideal platform for people looking to invest in different assets. Although you can look for Bitcoin and other altcoins to buy on this platform, you can also consider putting your money on fiat or equities to diversify your portfolio.

It’s also best for investors looking for affordable ways to buy stocks and send money. However, navigating through its web platform and mobile app can be challenging if you’re entirely new to the cryptocurrency market. 

For that, Uphold is ideal for those with beyond beginner-level knowledge in cryptocurrencies.

Uphold Fees: How Much Does it Cost to Invest With Uphold?

Here are some of the costs associated with using Uphold services:

Trading feesUp to 4%
Withdrawal fees via ACH$0
Withdrawal fees to crypto wallets$0
Debit/Credit Cards transaction fees3.99%
Wire transfer$30 for $5,000 or below deposits
Crypto conversion$0

Uphold Features: What Does Uphold Offer?

Mobile App

Uphold offers users the mobility to enjoy its features through its mobile app. You can buy and sell assets using this, as well as send digital or fiat currencies. The app also allows you to initiate withdrawals, enjoying free transactions like on the web platform. 

Multiple Assets

What makes Uphold stand out from other platforms is that it offers multiple assets. You can choose between investing in cryptocurrencies, equities, or precious metals. For cryptocurrencies, there are over 90 to choose from.

If you want to invest in equities, you can also buy stocks or fractions of expensive stocks for as low as $1. 

Some of the popular stocks you can find on Uphold are: 

  • Tesla
  • Apple
  • Amazon
  • Google

Finally, you can further diversify your portfolio by including precious metals in your assets. Currently, Uphold offers four: gold, silver, platinum, and palladium. 

Automated Trading

Automated trading allows users to create regular schedules to buy or sell their assets. This feature works through the Autopilot function and lets you experience less impact from price volatility.  

Debit Card

Uphold offers the Uphold Card where you can earn around 2% crypto reward and 1% cashback. You can use this to pay for purchases with your crypto stocks, gold, and other supported purchases. 

Cheap Forex

Uphold features cheap foreign exchange rates, letting you invest in major fiat currencies for lower capital. 

Instant Remittances

Suppose you need to send money to friends or family. In that case, Uphold also features instant remittances where you can send any of your assets and have your recipient get them as USD or other major currency. This feature is also completely free. 

Flexible Payments

If you’re looking for a platform to receive payments from your employer or clients, you can also choose Uphold. Through its flexible payments, you can set to receive payment in any currency or a combination of fiat and cryptocurrencies. 

Uphold Requirements

To use Uphold features, you’ll need to undergo a verification process. Uphold will ask for your current address, a photo of your government-issued ID, such as your driver’s license, and your selfie.

Uphold Payout Terms and Options?

Money earned through selling your assets goes to your Uphold account. You can withdraw this anytime you want to your bank account, subject to fees and bank schedule, usually taking 4 to 5 business days. 

Uphold Risks: is Uphold Safe to Invest With?

Uphold is a safe platform for your investments. The cryptocurrency market is known for its high volatility and carries risks for all investors. While it can be highly profitable, investors should also be prepared to lose some of their money in it. 

But with Uphold, cryptocurrency can be just a percentage of your entire investment portfolio. After all, the platform offers equities and precious metals. Considering how you can build your assets with Uphold, one can easily offset the loss. 

How Does Uphold Protects Your Money?

Uphold protects 90% of its investors’ crypto stocks by using offline cold storage. It also has insurance policies in case of theft and hacking. However, Uphold is a digital currency platform, thus, is not covered by FDIC or SPIC. 

What Are the Uphold Pros & Cons?

Uphold Pros

  • Access to multiple assets besides crypto stocks
  • Free withdrawals
  • $0 account maintenance fees
  • Seamless conversion from one currency to another

Uphold Cons

  • Limited resources for new users
  • High trading fees

How Good is Uphold Support and Knowledge Base?

Uphold offers relatively good support and knowledge base to its users. At its Help Center, you’ll find articles with step-by-step guides on specific features and functions on the platform. Some of these articles have video tutorials, ideal for most new users. 

Additionally, you’ll find the knowledge base articles sectioned into different topics, so it’s easy to find the ones that address your queries. There’s also a prominent search bar on the support page, so you can just use keywords to look for related articles. 

Finally, you can submit a request through an online form at the support page if you need help from their technical agents. Make sure to provide an active email address as they will contact you through it. 

Uphold Review Verdict: is Uphold Worth it?

With a minimum deposit of $1, Uphold is an excellent platform to consider for beginner investors. Uphold is worth it for most people looking to expand their assets in the digital currency market. With its wide selection of digital currency stocks, you can look for crypto to invest in. 

And when it comes to sending money to your friends and family, you have the option to use your crypto, and they’ll receive the fiat value of it. 

With so many features that can help you manage your finances, it’s hard not to like Uphold. However, there are still some things Uphold can do better. One is their customer support, which is accessible only through email. 

Another is the high trading fee of up to 4%, which can easily put off potential investors looking for platforms with the lowest crypto trading fees.

How to Sign Up With Uphold?

Here are the steps to sign up with Uphold:

  1. Provide your email and create a password at the sign-up page.
  2. Choose your country of residence.
  3. Enter your account information, such as complete legal name, state or territory you live in, and date of birth.
  4. Create a username.
  5. Check your email for the confirmation message from Uphold. 
  6. Set up two-factor authentication with your active phone number.

Sites Like Uphold

Sites Like UpholdService FeesMinimum DepositBest for
UpholdUp to 4%$1Average investors
Coinbase0.5% to 4.5%$50Crypto traders
BinanceUp to 0.5%$50Crypto traders
BlockFiAbout 1%$0Intermediate/advanced crypto trader

Uphold vs. Coinbase

Coinbase Summary

  • Over 4500 cryptocurrencies to choose from
  • Low minimum deposit amount of just $2
  • Get $10 when you sign up for an account
  • Get a $10 bonus for each friend you refer

Sites like Uphold and Coinbase allow individual investors to explore cryptocurrency exchange. Both are also easy to use and accessible through the mobile app. However, Coinbase charges convenience fees, unlike Uphold, which charges zero fees.  

Uphold vs. Binance

Binance Summary

  • Low fees
  • Offers stocks, futures, and options
  • Powerful tools to learn active trading
  • Eide range of products for passive income

Binance is similar to Uphold as both allow you to look for the best coin to invest in. You can also purchase bitcoin and other altcoins using your debit or credit card or bank account. But between the two, beginners find Uphold easier to learn and navigate. 

Uphold vs. BlockFi

BlockFi Summary

  • Get a $10 bonus for every referral
  • Get up to 3.5% cashback on card purchases
  • Borrow money from as low as 4.5% APR
  • Earn up to 9.5% APY on your deposits

BlockFi is one of the best alternatives to Uphold if you’re looking to invest in crypto stocks. It even features interest accounts where you can hold your crypto assets and earn interest. 

If you’re looking to invest in other assets besides crypto, you might find Uphold preferably. 

Other Sites like Uphold

Uphold FAQ

What is Uphold?

Uphold believes in a unique way of managing your investments and making financial decisions. It anchors its services in the “Anything-to-anything” trading format, where users can trade their assets in other forms available at Uphold. 

With its support to more than 80 currencies, including fiat and crypto, Uphold became the backbone to more than $6 billion transactions since its launch.  

Does Uphold have an app?

Yes, Uphold has an app that you can download from the Apple App Store or Google Play Store. 

Does Uphold report to IRS?

Yes, Uphold is required to report to the IRS regarding taxable transactions. 

Does Uphold require SSN?

Yes, Uphold requires SSN if your profile indicates you’re a US citizen. 

Does Uphold require KYC?

Yes, Uphold implements KYC and Anti-Money Laundering controls as part of their verification process.

How long does it take to verify with Uphold?

Verification on Uphold usually takes up to 24 hours.

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