0% Commissions, 0% credit/debit card deposits, 0% withdrawal fees
Applies to mobile version (v 4.0 or above) & New Web Wallet
(Individual type accounts)
We are now significantly less expensive than most platforms in the retail cryptocurrency sector. We no longer charge trading commissions, or deposit & withdrawal fees*, with a limited number of exceptions**. We now include a small spread of typically 0.8-1.2% in the price you pay to buy bitcoin and other cryptocurrencies in the United States. If you live outside the U.S., you'll pay a little more. Our spread can be as low as ~40bps, depending on your individual trading pattern and volume. On Metals, we charge a spread of 3% on top of the bid-ask from our metals suppliers. This compares exceptionally well against the charges at some competitor platforms where you’ll pay more than 1,000bps (10%+) to buy $10 worth of Bitcoin. We’ve moved to a commission-free pricing model because it’s simple. There are no complex fee layers. The price you see at Preview stage is the price you pay when you trade. It’s the model that has taken the equities world by storm because it’s clear and all-inclusive. Uphold is more cost-effective than before because we have a new and sophisticated pricing engine, plugged into more exchanges. This proprietary technology enables us to source assets cheaply. What’s more, Uphold is uniquely capable of single-step, ‘Anything-to-Anything’ transactions - e.g. XRP to DASH - conversions that would often involve at least two trades and double the fees on other platforms.
For a partial list of one-step trades available only on Uphold, click here.
*This applies to the Mobile Version with some exception. For our costs and limits click here.
** For more about our pricing, click here.
CAUTION: PLEASE CHECK THE RATES CAREFULLY ON THE PREVIEW SCREEN BEFORE YOU TRADE. ON LOW LIQUIDITY CRYPTOS AND METALS, THE UNDERLYING SPREADS ON A TRANSACTION CAN WIDEN SIGNIFICANTLY DURING TIMES OF HIGH MARKET VOLATILITY. THIS IS NOT A SOURCE OF EXTRA PROFIT FOR UPHOLD, BUT AN ADDITIONAL COST OF DOING BUSINESS THAT WE HAVE TO PASS ON TO YOU. WE REGULARLY ADD NEW EXCHANGE CONNECTIONS AND OVER TIME OUR PRICING ON NEW LOW-LIQUIDITY ASSETS WILL IMPROVE.
PLEASE EXERCISE PARTICULAR CAUTION ON THE FOLLOWING CRYPTOS:
- CRED (LBA)
- Ziliqa (ZIL)
- Orchid (OXT)
- Universal Protocol Toke (UPT)
- Chainlink (LINK)
BE AWARE THAT SPREADS FOR METALS HAVE WIDENED SIGNIFICANTLY DURING THE COVID-19 PANDEMIC REFLECTING HEIGHTENED DEMAND.