Key Takeaways
- You can use Uphold to trade over 300 cryptocurrencies, 27 fiat currencies, and 4 precious metals;
- Uphold offers plenty of services to explore, including instant swaps, secure storage, and a debit card (UK only);
- Whether you use the web app on your computer or the mobile app on the go, Uphold’s intuitive interface makes it simple to manage your assets.
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Decided to check out Uphold after hearing somewhere it’s a great place to start buying your first crypto? I’d have to agree—it really is! And to help you get started, I’ve prepared this easy-to-follow guide on how to use Uphold and make your first steps into the crypto space hassle-free.
Whether you’re simply curious and want to create an account to see what they offer, or you’re ready to take the plunge and buy your first Bitcoin there, this walkthrough will guide you every step of the way.
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Table of Contents
- 1. Things to Keep in Mind Before Using Uphold
- 1.1. Regional Availability
- 1.2. KYC Requirements
- 1.3. Platform Fees
- 2. How to Use Uphold
- 2.1. How to Sign Up
- 2.2. How to Complete KYC
- 2.3. How to Deposit Crypto to Uphold
- 3. Buying Crypto on Uphold
- 3.1. How to Use Uphold to Buy Bitcoin with a Bank Account
- 3.2. How to Use Uphold to Buy Ethereum with a Credit/Debit Card
- 3.3. How to Use Uphold to Buy XRP Using Another Cryptocurrency
- 4. Using the Uphold Card
- 5. Conclusions
Things to Keep in Mind Before Using Uphold
If you’re eager to jump ahead and start learning how to use Uphold right away, feel free to skip to the next section. That said, there are a few key things I recommend checking out first—like regional availability, verification requirements, and fees. These factors can significantly impact your experience on the platform, so let’s go over them before you get started.
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Regional Availability
Before signing up with Uphold, it’s a good idea to check whether your location is supported. Otherwise, you might go through the sign-up process only to find out that the platform either doesn’t operate in your region or isn’t accepting new accounts there.
Uphold strictly follows the laws and regulations of every region where it operates, reinforcing its commitment to being a well-regulated exchange. Because of this, there are certain countries where it can’t offer services due to local restrictions.
I get that this might feel frustrating for many people, but these measures are necessary for Uphold to remain compliant with local laws and maintain its status as a trusted platform. Sticking to these regulations not only ensures long-term stability, but also promotes transparency and market confidence,[1] which ultimately benefits both the exchange and its users.
As of writing, Uphold isn't available in the following locations:
Anguilla, Antarctica, Armenia, Azerbaijan, Barbados, Bouvet Island, Cambodia, Central African Republic, Chad, Cuba, Eritrea, Fiji, French Southern Territories, Guinea, Heard and McDonald Islands, Iran, Lebanon, Liberia, Mali, Mauritania, North Korea, Palau, Samoa, South Sudan, Sudan, Syria, U.S. Minor Outlying Islands, Vanuatu, and Virgin Islands (US).
In addition, the platform doesn’t allow new accounts in 68 other locations, such as China, Germany, Indonesia, the Netherlands, New York (US), the Russian Federation, and Venezuela.
If you already have an Uphold account and live in one of these restricted regions, be aware that your access may be limited, and in some cases, you might even be asked to close your account.
KYC Requirements
Since we’re on the topic of compliance, let’s talk about Know Your Customer (KYC), a step you’ll need to complete before you can fully access Uphold’s services and features.
It might feel like just another formality, but it plays a crucial role in keeping the platform secure and compliant while also protecting you as a user.
By verifying users through a quick identity check, Uphold ensures it isn’t being used for shady activities like money laundering, fraud, or other financial crimes.[2] It’s a fair trade-off—you get a secure environment to grow your assets and transact with peace of mind, while regulators stay satisfied knowing everything is above board.
I know KYC might feel like a hassle, but if you have everything ready, it usually takes just 5 to 10 minutes. That’s why I’d strongly recommend gathering your required documents in advance so you can get through it quickly.
To complete the verification, you must provide valid proof of address. Uphold accepts the following documents:
- Bank statement
- Credit card statement
- Lease agreement or mortgage statement
- Utility bill
- Internet, cable TV, or home phone line bill
- Tax return
- Council tax bill
- Government-issued certification of residence
Make sure your document clearly displays your full name, complete address, and date within the last three months. If everything checks out, your account should be verified in no time!
📚 Read More: What is KYC and Why It's Important
Platform Fees
Another thing to keep in mind when using Uphold is its fees. These can vary depending on where you live, how you fund your account, and what type of asset you’re trading. Knowing these costs upfront helps you avoid surprises when making a deposit, trade, or withdrawal.
For trading, Uphold keeps its fees relatively transparent and predictable:
Stablecoins and FX | BTC & ETH | Altcoins | Precious Metals |
|---|---|---|---|
0.25% | 1.4% - 1.6% | 1.9% - 2.95% | 1.9% - 2.95% |
Table: Uphold trading fees
Keep in mind that fees can increase during market volatility. To help with this, Uphold gives you 18 seconds to lock in a price, so you have enough time to review and confirm your trade before the rate changes.
On top of trading fees, every trade includes a spread—the difference between the market price and the rate you’re offered. The good news? All these details are displayed on the confirmation screen before you complete the transaction, so there are no hidden surprises.
If you’re funding your account with a credit/debit card or Apple/Google Pay, there’s a 3.99% fee. However, ACH transfers and wire transfers under $5,000 are free, while larger wire transfers incur a flat $20 fee.
Withdrawals are fairly simple as well. Most fiat withdrawals are free unless you’re using a debit card or Apple Pay, which comes with a 1.75% to 2.75% fee, depending on your location.
For crypto withdrawals, you’ll need to cover network fees based on the asset and blockchain used. Some cryptocurrencies on specific networks also have a $0.99 fee, which applies to tokens like DAG, BTG, TRX, CSPR, and KAS.
I get it—some people might feel that Uphold’s fees are a bit higher compared to other platforms. But in my opinion, it’s justified. Uphold operates under strict regulations from FCA, FinCEN, and FCIS, ensuring compliance and transparency. That extra peace of mind is something I personally value.
📚 Related: Cheapest Cryptocurrency Exchange
How to Use Uphold
Now that you’re caught up on all the important details, let’s walk through how to use the Uphold app step by step. If you skipped ahead to this section, I’d recommend taking a moment to familiarize yourself with key aspects like supported jurisdictions, KYC requirements, and fees before continuing.
This guide is based on my experience using the web application. The steps and screenshots you’ll see are from the browser version, so if you’re following along on a computer, you should have no trouble replicating them.
That said, if you’re planning to use the Uphold mobile app, don’t worry. The interface is just as intuitive and user-friendly as the web version, so whether you’re on a desktop or phone, getting started should be a smooth experience.
How to Sign Up
First, let's talk about creating an account. Thanks to Uphold’s intuitive interface, the process is quick and seamless, even for first-timers. Here’s a step-by-step guide to help you get started:
And that’s it—you’re all set! You now have an active Uphold account and can start exploring the platform.
Before diving in, though, I’d recommend setting up additional security, like two-factor authentication (2FA). It’s a quick step that strengthens your account’s protection and helps keep your assets and information secure.
📚 Further Reading: Cryptocurrency Security Guide
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How to Complete KYC
Now that you’ve created an account, the next step to unlocking all of Uphold’s features is completing the verification process.
Sure, you can start exploring the market right away with your newly created account, but if you want to use the Uphold wallet for securely storing large amounts of assets or accessing its trading capabilities, you’ll need to complete KYC first. Let me walk you through the process:
- Your Mobile Device. Scan the provided QR code on your smartphone to continue using your mobile device.
- Webcam on Your Computer. Use your computer’s webcam to complete the process directly.
Make sure to choose the method that works best for you.
.jpg "How to use Uphold: use your smartphone or choose to continue using computer.")
The confirmation process is usually quick if everything is in order. Once your account is verified, you’ll unlock full access to all the platform’s features and tools!
How to Deposit Crypto to Uphold
Before looking into how to use the Uphold app for trading, you may want to start by depositing crypto into the platform. Just follow these steps:
If you’re sending crypto that requires a destination tag or memo, don’t forget to include it! This step is important to make sure your transaction is processed smoothly and reaches the right destination.
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Buying Crypto on Uphold
With your account verified, buying your first crypto is easy. Uphold offers multiple payment options, including credit and debit cards, bank transfers, crypto deposits, and even Google Pay or Apple Pay. Just keep in mind that payment method availability depends on your country of residence.
Plus, there are over 300 cryptocurrencies to choose from—a solid selection for a well-regulated exchange. From popular picks like Bitcoin, Ethereum, and XRP to lesser-known altcoins, there’s plenty to explore.
To give you a well-rounded look at the buying process, I’ll walk you through three different payment methods—one using a bank account, another with a credit card, and the last one with crypto deposits. This way, no matter which funding method you prefer, you’ll know what to do.
How to Use Uphold to Buy Bitcoin with a Bank Account
Bitcoin is easily one of the most widely recognized cryptocurrencies, and Uphold makes buying it quick and easy (though you'll be able to buy any other supported asset the same way).
Uphold’s Anything to Anything approach lets you quickly swap the assets you have for those you want (no need for multiple conversions). This includes crypto, fiat, and precious metals.
Congratulations! You now know how to use Uphold to buy Bitcoin with ease. What you do next is up to you—hold it, trade it, or send it to another wallet. Either way, your BTC is now in your hands.
📚 Read Next: How to Make Money With Bitcoin
How to Use Uphold to Buy Ethereum with a Credit/Debit Card
As one of the best alternatives to Bitcoin, Ethereum is a top choice for many crypto enthusiasts. The good news? You can easily buy it on Uphold using a credit or debit card. Here’s how:
- If you’ve already linked a credit or debit card, select it under the "My Cards" section.
- If not, click the [+] icon next to My Cards, add your card details, select your preferred currency, and then click [Add Card].
You’ve successfully purchased Ethereum using your credit or debit card! The ETH will be credited to your account shortly.
- Secure and reliable
- Accepts fiat currencies
- Lots of trading options
- Reputable exchange
- Accepts fiat currencies
- Offers various trading options
- Fiat currencies - accepted
- Simple to use
- Accepts only the most trustworthy cryptocurrencies
- A leading cryptocurrency exchange platform
- Best for beginner investors
- Accepts fiat currencies
- Beginner-friendly
- Secure
- Decent trading and withdrawal fees
How to Use Uphold to Buy XRP Using Another Cryptocurrency
If you already have cryptocurrency in your Uphold account, you can easily swap it for XRP. Just follow these steps:
And there you have it! Now you know how to use Uphold to buy XRP with another cryptocurrency. Of course, you can exchange any other supported currencies in the same way.
Using the Uphold Card
The Uphold Crypto Debit Card is a versatile tool that extends the flexibility of your Uphold wallet, allowing you to spend your digital and fiat assets just like a traditional debit card. Connected to the Mastercard network, it’s accepted by over 50 million merchants worldwide.
The Uphold Card is available only to users who reside in the United Kingdom.
With zero foreign transaction fees, you can travel abroad and spend like a local, all while benefiting from Uphold’s competitive exchange rates. If you’re a crypto enthusiast who loves to explore the world, this card is an ideal companion.
Here’s what makes it stand out:
- Instant Spending Power. Pay for goods and services online or in-store, spending directly from your crypto, fiat, or even precious metals.
- Rewarding Purchases. Earn cashback or other perks with every purchase you make.
- Worldwide Usability. Accepted globally, letting you spend seamlessly across borders without foreign transaction fees.
- Low FX Costs. Enjoy automatic currency conversion with transparent, low exchange rates.
Now, if you’re interested and want to know how to use Uphold Debit Card, the first step is to activate it and add some funds. Here’s how you can do it:
And with that, you’re all set! Now, all that’s left to do is to use Uphold Debit Card for online purchases, in-store transactions, or even ATM withdrawals—while enjoying enhanced rewards and top-notch security worldwide!
Browse our collection of the most thorough Crypto Exchange related articles, guides & tutorials. Always be in the know & make informed decisions!
Conclusions
If you’ve made it this far, I’m pretty sure you’ll agree that learning how to use Uphold for all your crypto needs isn’t complicated at all. Its intuitive interface and user-friendly design make getting started a breeze, even if it’s your first time.
That said, I know firsthand that diving into the crypto world can feel overwhelming. New concepts, shifting trends, and technical jargon—yeah, it’s a lot. But don’t worry, BitDegree's tutorials have got your back, helping you navigate everything from the basics to the more advanced aspects of trading.
And if you’re still on the fence about using the platform, check out this comprehensive Uphold review, where I break down its features, fees, security, and overall user experience in detail.
Don’t invest unless you’re prepared to lose all the money you invest.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Feinstein B. D., Werbach K.: 'The impact of cryptocurrency regulation on trading markets':
2. Patil P., Sangeetha M.: 'Blockchain-based decentralized kyc verification framework for banks'.
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