UPHOLD

OVERVIEW

Uphold is a digital money platform that was established with the aim to make the buying, holding, and selling of cryptocurrencies more accessible to everyone, from financial experts to novices interested in entering the world of digital currencies. The platform was created to bridge traditional financial services with the emerging crypto ecosystem, providing a seamless solution for managing various assets, including cryptocurrencies, precious metals, and fiats such as USD, EUR, and GBP. Users of Uphold include a diverse range of individuals such as investors, crypto traders, and those intrigued by the merging realms of crypto and traditional finance. It helps users by offering a unified platform where they can easily exchange between assets, remit money globally, and instantly access their funds. Regarding cost, Uphold prides itself on transparency with a clear pricing structure that includes transaction fees for buying and selling assets, which generally hover around 0.8% to 1.2%, varying slightly based on the type of asset and market conditions. There are also fees for withdrawing to private wallets, which depend on network costs, and minimal fees for fiat withdrawals. Users should also bear in mind potential spread charges when trading assets, which can affect total transaction costs.