At Uphold, they make it easy to buy and sell any major digital currency. You can invest, transfer, send and receive over 220 cryptoassets, 23 traditional currencies, stocks & more. Trade between them all in one easy-to-use platform & mobile app. They also offer staking on 23 assets with APY's of up to 25%.
Asset Class Return•30d
Uphold is a multi-asset digital money platform offering financial services to a global market. Uphold's unique ‘Anything-to-Anything’ trading experience enables customers to trade directly between asset classes. Built on a core of proprietary technologies and e-money apps, Uphold embraces a future where people and businesses around the world have access to safe, transparent, fair, and affordable financial services.
Things to Know
You make money on
Term of investment
No deposit/withdrawal fees, trading commissions
Trade between any asset owned through Uphold
Staking on 23 assets with APY's of up to 25%
See inside MoneyMade’s 6-figure multi-asset portfolio
How you make money
You make money when the value of the assets you hold increase, and you are able to sell those assets at that increased price. The relative value of various cryptocurrencies and traditional currencies will fluctuate over time.
How Uphold makes money
Uphold makes money via a spread charged on every transaction. All other features are free to use. They have a transparency page outlining all assets under management plus volume here.
Is it safe?
You should be aware that the risk of loss in trading or holding cryptoassets can be very high. As with any asset, the value of cryptoassets can go up or down and there can be a substantial risk that you lose all your money buying, selling, holding or investing in cryptoassets. Uphold's cryptoasset services are not within the scope of the UK Financial Ombudsman Service and your cryptoassets are not subject to protection under the UK Financial Services Compensation Scheme. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial condition.
Uphold Disclaimer: Assets available on Uphold are different per region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.
How You’re Taxed
Crypto gains are taxed like stocks. The tax rates for crypto gains are the same as short- and long-term capital gains taxes for stocks. Short-term capital gains are treated as income (same tax rate you pay on your annual earnings) and long-term capital gains are taxed between 0% and 20% depending on your income tax bracket.
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