Is Uphold a free service?
Uphold is free to join and the majority of Uphold's services, particularly for verified members, are absolutely free. Sending and receiving financial value between any Uphold member, and holding financial value on our platform is 100% free.
Unlike the majority of currency conversion and money transfer services, Uphold uses the real mid-market exchange rate for all conversions. We simply apply the mid-market rate, which is the midpoint between the buy and sell rates on the global currency market. This rate is market dependent, fluctuating constantly, and we have no control or influence over it – it is completely independent of Uphold and fully accessible and verifiable on global sites. We rely upon the mid-market rate but cannot verify that such rate reflects fair market value.
When sending bitcoin to an address outside of Uphold, you are charged a Bitcoin Withdrawal Fee of 0.0003 bitcoin.
Commitment to Transparency
We are 100% committed to complete transparency with any and all fees charged on our platform. We believe in a world where everyone has access to financial services and for that, we are dedicated to offering the lowest fees possible.