How much are Uphold fees?

Uphold charges trading fees as well as a spread. The exact size of its trading fees in Canada aren't specified online, but fees in the US, UK and the rest of Europe generally range from 0.25% to 2.95%. Canadian users can expect to pay 3.99% for fiat deposits and $0.99 for crypto withdrawals. Trades under $500 cost $0.99 plus spreads.

Yes, Uphold is a legitimate crypto platform that's regulated by FinCEN in the US and the FCA in the UK. In Canada, it's pre-registered with the Ontario Securities Commission (OSC) but has not yet become registered with the Canadian Securities Administrators (CSA). But Canadian crypto traders should know that withdrawal options are very limited on Uphold. As of the time of writing, you can only transfer certain cryptos to an external wallet, but you can't transfer fiat from Uphold to a Canadian bank account. Explore alternatives to Uphold here .

Where is Uphold available?

Uphold is available to users in a long list of countries around the world. You can find a full list of supported countries on the Uphold website. However, residents from the following countries can't access Uphold's services: 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 S. Minor Outlying Islands Vanuatu Virgin Islands (US)

Can I transfer to and from my bank account and Uphold account in Canada?

No. Uphold doesn't support bank transfer deposits or withdrawals in Canada. For now, all you can do is transfer into your Uphold account via debit, credit, Apple Pay or Google Pay and withdraw certain cryptos to external wallets. However, Uphold customers in some countries like the US and UK can make bank transfers.

Home Authors Julia Magas

Julia Magas

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Julia Magas is an analyst and writer specializing in cryptocurrency and fintech market trends. Her work has been featured in leading financial publications such as Nasdaq, InvestorPlace, Cointelegraph, and Investing.

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Uphold review

We break down the pros and cons of trading crypto, precious metals and fiat currencies on Uphold in Canada.

Julia Magas 28 January 2025

Julia Magas

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Uphold review

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