Uphold Review

How to Send Cryptocurrency

In order to send cryptocurrency, all you need to do is:

1. Open your Uphold wallet that holds the coin you intend to transfer.
2. Click on the ‘Transfer’ button.
3. Enter the amount of cryptocurrency you wish to transfer..
4. Enter the recipient’s wallet address. If you have a QR code you can click on the camera icon to scan it.
5. Click on the ‘Send’ button. The transaction will be processed according to the network volume.

Whilst cryptocurrency transfers are normally instantaneous, they may be delayed due to the network reaching capacity. Before completing the transfer, ensure that the receiving wallet supports the same coin that you are sending. If you send cryptocurrency to a wallet that does not support it, your funds may be lost.

How to Receive Cryptocurrency

To receive Bitcoin or any supported Altcoins into your Uphold wallet, simply follow these steps:

1. Log into your Uphold wallet and select the appropriate cryptocurrency wallet.
2. Click the ‘Receive’ button.
3. The wallet address will show, both in character form and in the more convenient QR code format.
4. Copy this address into the sender’s wallet and proceed with the transaction.

When receiving funds into your Uphold wallet there is very little for you to do, since the work is done by whoever is sending you the funds. The most important thing to keep in mind is to ensure that the wallet address you are providing supports the coin that you intend to receive.

Uphold Trading Account

In order to provide a safe and secure trading environment, Uphold requires that all users register and verify their account before depositing any funds. Whilst inconvenient, this process is designed to keep the platform, its users, and their money safe. Moreover, Uphold has designed a fast and user-friendly way to onboard new users.

How to Sign Up to Uphold

Follow these simple steps to create your new Uphold account in minutes:

1. Visit the Uphold website and click on ‘Sign Up’.
2. Enter the details requested to create your profile.
3. Validate your mobile number by entering the SMS code.
4. Validate your email address by clicking on the link found within your email.
5. Enter details of your income and expected trading activity.
6. Complete registration by providing information regarding your employment.

You will be required to verify your account before you can start trading. We will discuss how to complete this step shortly in this Uphold review.

When registering a new Uphold account, you’ll be automatically enrolled as a private individual. If you are registering a business account, click on ‘Business’ at the start of top of the sign up form.

How to Log Into Your Uphold Account

Once you have registered a profile or an account, you can log into it by simply following these steps:

1. Visit the Uphold website and click on ‘Log In’.
2. Enter your registered email address and password.
3. Click on ‘Next’ to enter into your account.

If you cannot remember your password, you can click on ‘Forgot password?’ to reset it.

Verification Requirements

You can verify your identity quickly and conveniently directly from your desktop computer or smartphone. Once you’re logged into your account, click on ‘Verify my identity’ and follow the on-screen instructions. You’ll be required to take photos of your ID document as well as a selfie holding the same document.

How to Buy or Sell Bitcoin with Uphold

Once you have verified your Uphold account, you’re ready to start trading cryptocurrencies. In order to do this, you must first have some funds to use. There are a number of options available, including transferring cryptocurrencies into your Uphold wallets or depositing fiat currencies via cards or bank transfers.

How to Deposit Funds on Uphold

If you are going to deposit fiat currencies in order to buy cryptocurrencies or other supported assets, you will need to do the following:

1. Log into your Uphold account and click on ‘More’ in the left-hand menu bar.
2. Click on ‘Linked Accounts’ and select either ‘Debit Cards’ or ‘Banks’.
3. Click on the ‘+’ to add a new account and follow the on-screen instructions to complete the integration.

How to Buy Digital Currency on Uphold

Uphold is designed to be user-friendly and intuitive. No matter your experience level, you can buy cryptocurrencies or any other supported asset in seconds. All you need to do is:

1. Log into your Uphold account.
2. On the right-hand side of your screen, you will see your conversion tool.
3. Select what you will use to buy the asset, such as fiat currency, and enter the amount you wish to spend.
4. Select the asset you intend to purchase, such as a cryptocurrency. You can enter the amount you wish to purchase instead of the amount you wish to spend.
5. If you’re happy with the conversion rate, click on the green button to confirm the transaction.

How to Cash Out on Uphold

Converting cryptocurrencies back to fiat currency, or any other supported asset, is just as simple. All you need to do is follow the instructions laid out in the ‘How to Buy Digital Currency on Uphold’ section above. With fiat currency in your account, you can choose to either use it on another purchase or transfer it to one of your linked debit cards or bank accounts.

Supported Cryptocurrencies

Uphold supports over 60 cryptocurrencies and continues to add new ones each month. Some of the most notable coins and tokens include:

• Bitcoin
• Basic Attention Token
• ATOM
• Bitcoin Cash
• DASH
• Dogecoin
• PolkaDot
• Litecoin
• NEO
• Stellar

Supported Countries

The platform is available in almost every country in the world. As we’re writing this Uphold review, over 180 countries are listed in its supported list.

Supported

With the exception of the countries listed below, Uphold accepts users from all over the world.

Excluded

You are not allowed to register an Uphold account if you reside in any of the following countries:

• Cuba
• the Democratic Republic of Congo
• Iran
• Iraq
• Myanmar
• North Korea
• South Sudan
• Sudan
• Syria
• Yemen