What is Uphold Crypto Exchange? Uphold is a regulated and secure online brokerage that offers customers the ability to buy, sell, trade and hold a wide variety of assets. Let's take a closer look.
What is Uphold Crypto Exchange?
Uphold Crypto is the trading platform's primary product which offers over 200 digital assets and cryptocurrency staking with interest earnings of up to 25% APY. They have the largest variety of cryptocurrencies for a multi-asset broker, with a wide selection of in-contact block leading smart tokens, alt-coins, DeFi tokens, Metaverse assets, NFT assets, and much more.
The Uphold crypto exchange also charges zero trading fees and tight spreads when buying or selling assets on their online brokerage.
Uphold Crypto Staking
One of Uphold's premier features is its crypto-staking app. They currently offer up to 25% in yields on staked crypto for customers in any country. The staking is flexible, which means you can stake and unstake at any time without having to worry about lock-in periods.
Other Available Assets on Uphold
Uphold is a multi-asset brokerage and offers stocks, ETFs, and metals like Gold, Silver, and Palladium. With respect to stocks, they offer 50 of the most popular assets and ETFs like Tesla, Google, Amazon, Facebook, and others
Finally, on the precious metals side, customers can trade Gold, Silver, Platinum and Palladium on the Uphold exchange. It is important to note that stock trading is not available in the US, Europe, or the United Kingdom.
Uphold Fees
As a multi-asset brokerage, the fees you pay on Uphold will depend on the asset class you are investing in or trading. Below is a high-level summary of the fees across the entire suite of Uphold products and services compared to major competitors like Coinbase, Revolut, and Robinhood.
Uphold Crypto Fees: Zero upfront fees to trade crypto. However, there is a spread that does average around 1%. There is also a flat fee of 1% for trades under $100.
Precious Metals: Zero fees and spreads for Gold and Silver at 3%.
US Equities: Zero fees and the spread for US Equities on Uphold is dynamic and can be dependent on market volatility. In normal market conditions, the spread to trade stocks is around 1%.
Card Fee: A 2.49% fee to buy assets using a debit card or credit card.
Uphold Crypto Review: What is Uphold Crypto Exchange? - Hopefully, this article can help you to get some knowledge.
