Logo of UPHOLD

UPHOLD

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Company health

Employee growth
18% increase in the last year
Web traffic
79% increase in the last quarter
Financing
December 2018 - $75M

Ratings

G2
4.1/5
(86)
TrustPilot
3.3/5
(91)
Glassdoor
4.7/5
(134)

UPHOLD description

Uphold is a cryptocurrency trading platform that aims to simplify buying and selling digital assets. It offers access to over 250 cryptocurrencies and connects to multiple exchanges to provide competitive prices. A key feature is its "anything-to-anything" trading, allowing direct swaps between different cryptocurrencies. Uphold prides itself on transparency, publicly displaying its reserves and liabilities in real-time. It operates with a 100% reserve policy, meaning customer funds are not lent out. The platform is regulated in the US and UK, adding a layer of security for users. While Uphold offers a user-friendly mobile app, its web platform has room for improvement.


Who is UPHOLD best for

Uphold is a cryptocurrency trading platform ideal for individuals and businesses looking to buy, sell, and trade over 250 cryptocurrencies. Users praise its user-friendly interface and real-time reserve transparency. However, some have reported issues with account suspensions and customer support. Uphold offers direct crypto-to-crypto trading and a 100% reserve policy.

  • Best for small to medium-sized businesses.

  • Suitable for various industries seeking cryptocurrency solutions.


UPHOLD features

Supported

Uphold allows direct exchange of cryptocurrencies without converting to a base currency.

Supported

Uphold supports depositing and withdrawing cryptocurrencies.

Supported

Uphold publicly displays its reserves and liabilities in real time.

Supported

Uphold offers its own native mobile app.

Supported

Uphold maintains 100% of customer funds in reserve and does not lend them out.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Strongly negative
-1

Customer Service

Neutral
-0.11

Ease of Use

Neutral
-0.09

Reliability and Performance

Rather negative
-0.53

Ease of Implementation

Rather positive
+0.33

UPHOLD reviews

We've summarised 177 UPHOLD reviews (UPHOLD TrustPilot reviews and UPHOLD G2 reviews) and summarised the main points below.

Pros of UPHOLD
  • User-friendly interface for basic transactions.
  • Real-time reserve transparency and 100% reserve policy.
  • Wide range of supported assets beyond cryptocurrencies.
  • Free and instant transfers between Uphold users.
  • Good security measures, including 2FA.
Cons of UPHOLD
  • Account suspensions and closures are frequent, often with no explanation.
  • Significant delays in processing transactions, deposits, and withdrawals are common.
  • Customer support is slow and unresponsive, often providing generic or unhelpful replies.
  • High fees for transactions and withdrawals, especially off-network transfers.
  • Limited cryptocurrency selection compared to other platforms.

UPHOLD pricing

The commentary is based on 33 reviews from UPHOLD G2 reviews and UPHOLD TrustPilot reviews.

Uphold's pricing and fee structure has drawn considerable criticism. Users frequently report excessively high fees, hidden costs, and unexpected deductions upon withdrawals and trades. These practices have led to significant customer dissatisfaction and accusations of the platform exploiting users.

Users sentiment

Strongly negative
-1

UPHOLD alternatives

  • Logo of Cryptopia
    Cryptopia
    Defunct New Zealand cryptocurrency exchange. Liquidated after 2019 security breach.
    Read more
  • Logo of Coinjar Wallet
    Coinjar Wallet
    Securely store, manage, and spend your cryptocurrency.
    Read more
  • Logo of OKX
    OKX
    Trade, earn, and hold 350+ cryptocurrencies globally.
    Read more
  • Logo of WhiteBIT
    WhiteBIT
    Securely buy, sell, and trade crypto with advanced features.
    Read more
  • Logo of Bitstamp
    Bitstamp
    Buy, sell, and trade crypto securely on a regulated exchange.
    Read more
  • Logo of SHAPESHIFT
    SHAPESHIFT
    Trade, track, and manage crypto privately, securely, and without accounts.
    Read more

UPHOLD FAQ

  • What is UPHOLD and what does UPHOLD do?

    UPHOLD is a cryptocurrency trading platform enabling users to buy, sell, and swap 250+ cryptocurrencies. It offers direct crypto-to-crypto trading and real-time reserve transparency, operating with a 100% reserve policy. While praised for its user-friendly mobile app and security measures, users have reported issues with account suspensions and customer support.

  • How does UPHOLD integrate with other tools?

    Uphold integrates with various platforms and tools, offering "anything-to-anything" trading, enabling direct swaps between cryptocurrencies and other assets. It also provides a mobile app for convenient access and trading on the go. While specific integrations are not explicitly listed, the platform's open API suggests potential for custom connections.

  • What the main competitors of UPHOLD?

    Alternatives to UPHOLD include PayBitoPro, Binance, Zengo Wallet, PrimeXBT, OKX, and Gate.io. These platforms offer similar services such as buying, selling, and trading cryptocurrencies, with varying features, security measures, and supported assets.

  • Is UPHOLD legit?

    Uphold is a legitimate platform, but users have mixed experiences. While it offers a user-friendly interface and transparent reserve policy for safe cryptocurrency trading, note the negative reviews regarding account suspensions and slow customer support. Consider these factors when deciding if Uphold is right for you.

  • How much does UPHOLD cost?

    There is no pricing information available for UPHOLD. Therefore, it's difficult to assess whether the product is worth the investment without more details on its pricing structure.

  • Is UPHOLD customer service good?

    Uphold's customer service receives many negative reviews. Users frequently report slow response times, unhelpful automated replies, and difficulty resolving issues like account suspensions and withheld funds. While some users have positive experiences, the overwhelming sentiment points to significant problems with customer support.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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