Uphold is a financial platform enabling trading, staking, and rewards through payment cards, all with seamless multi-currency transactions. Since its inception in 2015, it has managed transactions totaling over $4 billion. Serving more than 180 countries, Uphold offers over 200 cryptocurrency and fiat currency options.
Gemini, established in 2014 by the Winklevoss brothers, is a prominent cryptocurrency exchange. It ranks among the top 20 globally, recognised for the founders' early ties to Facebook. Traders on Gemini have access to over 110 cryptocurrencies for trading and staking. In certain areas, derivatives trading is also available. The platform offers advanced proprietary tools and features, including an NFT marketplace.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Pros
Fees are competitive according to assessments, with 26 platforms assisting in finding optimal prices.
Uphold consistently leads the industry by frequently being among the initial platforms to introduce new crypto tokens.
Crypto staking is accessible for over 30 tokens, offering competitive rates reaching up to 16%.
Uphold maintains full reserves, ensuring client funds are safeguarded.
More than 250 cryptocurrencies are available, featuring leading tokens such as Bitcoin and Ethereum.
The proprietary app is exceptionally user-friendly, featuring an elegant design and intuitive navigation.
UK users can obtain the Uphold card, offering up to 2% cashback in XRP.
Two-step authentication enhances user security.
The trading app boasts a modern, user-friendly design with an intuitive interface. It offers a superb selection of charting tools for traders.
The TradingView integration offers excellent tools, such as backtesting and algorithmic trading features.
The exchange mandates two-factor authentication for all crypto investors, ensuring robust security measures.
Crypto perpetual futures can be accessed in numerous regions, offering leverage of up to 1:100.
A good selection of educational guides and tutorials is available for novice traders.
Cons
The platform's chart analysis tools lag behind those of specialised exchanges.
Customer service is sluggish according to assessments, offering few communication channels.
A 2.49% charge applies for credit or debit card usage.
Uphold functions under minimal regulatory supervision.
The exchange's history includes troubling incidents, such as the failure of its Earn programme and a phishing attack.
The mobile app's 'convenience fee' appears arbitrary, reducing the feature's efficiency for traders.
Certain funding methods incur substantial fees, such as a 3.49% charge for card transactions.
Certain major cryptocurrencies by market capitalisation are unavailable for purchase on Gemini.
There is no practice or demo account available for prospective traders.
Awards
Best Cryptocurrency Exchange 2019 - Markets Choice Awards
With Uphold's user-friendly mobile app or web platform, you can trade over 250 crypto assets using fiat currencies or crypto pairs—offering more options than many competitors. Additionally, earn up to 16% APY by staking any of the 32 eligible tokens or transfer tokens to an external wallet.
Gemini provides access to over 110 cryptocurrencies on its platform, supported by its own Gemini Dollar stablecoin and perpetual swap derivatives. The robust ActiveTrader system is tailored for online trading, offering numerous technical indicators across seven time frames.