Uphold review is a multi-asset platform that enables users to swap and trade crypto, fiat, and precious metals. The platform also offers a variety of other services like staking, lending, and a custodial vault. It is a great option for those looking for a simple way to buy and hold assets in one place.
The Uphold exchange supports over 300 tradable digital assets, including major cryptos and 11 stablecoins, as well as 19 fiat currencies. Users can also trade a number of baskets that are pre-selected groups of assets, such as AI or Infrastructure. The platform also has a staking service, which allows users to pledge their crypto to the network for transaction validation and rewards. Uphold takes a cut of the rewards, which can range from 3% to 34% depending on the specific crypto.
Uphold Review: Is It a Secure Crypto Exchange?
In addition to a robust cryptocurrency trading experience, Uphold also provides users with a convenient mobile app that makes it easy to buy and sell on the go. The app features basic price information and a customizable dashboard that lets users manage their portfolio. It also supports quick and easy deposit and withdrawal methods. Users can deposit and withdraw using FPS, SEPA, credit/debit cards, Apple Pay, and Google Pay.
Uphold isn’t a good choice for active traders who are looking for advanced charting and technical analysis tools, but it is ideal for beginners who are interested in a simple buying and holding experience with the ability to set up recurring transactions for dollar-cost-averaging. The platform doesn’t offer a live chat or phone support, but it does have a detailed Support Center with FAQs and self-help articles.
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