Uphold Cryptocurrency Review

Launched in 2014 as BitReserve, Uphold Cryptocurrency Review is a centralized exchange that offers users the ability to trade fiat currencies (like USD and EUR) for more than 250 cryptocurrencies. Its lineup includes both major digital coins like Bitcoin and Ethereum, as well as less popular options like Basic Attention Token (BAT).

Uphold has a reputation for being an exceptionally functional crypto exchange that has survived multiple bear and bull cycles. It is a competitor to established exchanges like Kraken and Coinbase, as well as newer startups such as Celsius Network and Voyager.

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One of Uphold’s more distinctive features is the ability to deposit and withdraw assets via ACH, wire transfer, or debit/credit card. Its fees are on the high side compared to other crypto exchanges, but they are transparent and easy to understand. Deposits through instant payment methods (like credit/debit cards and Apple Pay) are charged a 3.99% fee, while ACH and bank wire deposits are free. Withdrawals to external crypto wallets are also free, though a blockchain network fee may apply for certain types of cryptocurrency.

While Uphold has a good overall reputation, some negative reviews focus on long wait times for customer service inquiries and account locks after filling out verification information. Uphold’s email-based support system aims to respond to questions within 24 hours, but some users report delays that can be frustrating. Additionally, the company does not offer live chat or phone support. It does, however, maintain a status page that displays whether the platform is experiencing technical issues.

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