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.
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.