Uphold review 2026: One account for crypto, metals, and cash

Uphold, a cryptocurrency platform, offers a diverse range of assets including over 250 cryptocurrencies, four precious metals, and dozens of national currencies. This wide selection is facilitated by a unique "anything-to-anything" model, allowing users to trade directly from one asset to another without intermediaries. However, this comprehensive offering comes at a cost, as Uphold incorporates its fee into a spread on every trade, making the displayed price higher than some competitors.

Uphold, established in 2015, caters to more than 10 million users globally, with its U.S. arm headquartered in Larkspur, California. The platform's primary strength lies in its extensive asset range, from digital coins to precious metals and various national currencies. Uphold guarantees to never lend out customer assets and maintains full reserves to cover all balances, with real-time updates for transparency.

Available in 42 U.S. states, Uphold facilitates trading of cryptocurrencies, metals, and currencies. The platform's simplicity appeals to users, allowing them to trade a coin for a specific dollar amount at a single all-in price, without the need for order books or advanced trading tools. However, active traders miss out on such tools and more favorable fees.

Uphold's AutoPilot tool enables automated, recurring orders and limit orders across asset classes, while staking allows users to earn rewards on cryptocurrencies staked.

With the option for flexible or boosted staking, Uphold charges a 20% to 25% commission on staking rewards, adding an extra cost. Uphold holds users' crypto in a custodial setup, where the private keys are managed by the platform, with options to move coins to external wallets for additional control. For those seeking broader financial instruments, Uphold's USD Interest Account offers interest earnings on balances of $10 or more, insured up to $2.5 million.

Uphold's educational resources include a learning library and a crypto glossary, Cryptionary, which simplifies understanding of wallets, staking, and market basics.