Uphold Cost
Are you wondering about the fees and extra expenses involved with Uphold? Do you want to make sure you're not forking over too much of your profits for transaction fees? You're in the right place, so start scrolling and see if the Uphold fees work for you.
Uphold Fees
Uphold only charges one fee, the spread. There are no deposit fees, trading commissions or withdrawal fees. This all means you can deposit money into your account, and withdraw money from your account at no extra cost. This is a rare attribute in the cryptocurrency industry, with many companies charging you hidden fees on those transactions. Uphold only charges a spread, which varies by asset and can vary by whether the market is actually open or not.
The cryptocurrency spread that Uphold charges is between 0.8% and 1.2%, Fiat currencies have a 0.2% spread, US Equities 1% spread and Precious Metals is typically around 3%.
These are some of the lowest fees in the industry, and Uphold certainly sticks by them with very little variation in fees. Another thing setting Uphold apart is that they show the charge included with the quoted asset price, locked in, so you have time to make a decision and see how much the total is.
Open Uphold Account
Open Uphold Account
Uphold Fees for Business Accounts
It is totally free to open your Uphold business account, and send or receive money between other Uphold accounts. It is also free to deposit money via bank account or Bitcoin but has a 3.99% fee on credit or debit cards. Stick to using your bank account for transfers and you will be all set!
Uphold also charges a fee for transactions, almost always coming out to less than 0.75% spread. It is also important to note there is a small withdrawal fee of either $2.99 or $3.99 when you want to take your money out. The $2.99 fee is when withdrawing in cryptocurrency and the $3.99 fee is when transferring to your bank account.
Overall Uphold business account fees are fairly average industry wide and in some aspects even pretty low.
Uphold Fees Continued…
Uphold is very transparent and direct with their costs, making it easier as a customer to trust and quickly use the application. Uphold is a solid and popular exchange to use, and the fees make it an attractive option for all cryptocurrency enthusiasts. With only a 1% spread on almost all cryptocurrency transactions, Uphold continues to be a fierce competitor in the cryptocurrency exchange space and with the variety of assets offered, clients are certainly not disappointed.
Open Uphold Account
Open Uphold Account
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